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Petrobras

335 hedge funds and large institutions have $6.38B invested in Petrobras in 2014 Q1 according to their latest regulatory filings, with 48 funds opening new positions, 108 increasing their positions, 119 reducing their positions, and 52 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.13% more ownership

Funds ownership: 6.39%6.52% (+0.13%)

5% less capital invested

Capital invested by funds: $6.71B → $6.38B (-$325M)

8% less first-time investments, than exits

New positions opened: 48 | Existing positions closed: 52

9% less repeat investments, than reductions

Existing positions increased: 108 | Existing positions reduced: 119

2% less funds holding

Funds holding: 341335 (-6)

7% less funds holding in top 10

Funds holding in top 10: 1514 (-1)

11% less call options, than puts

Call options by funds: $498M | Put options by funds: $559M

Holders
335
Holders Change
-6
Holders Change %
-1.76%
% of All Funds
9.68%
Holding in Top 10
14
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-6.67%
% of All Funds
0.4%
New
48
Increased
108
Reduced
119
Closed
52
Calls
$498M
Puts
$559M
Net Calls
-$60.8M
Net Calls Change
+$157M
Name Holding Trade Value Shares
Change
Change in
Stake
NC
76
Nevsky Capital
United Kingdom
$9.56M -$9.98M -855,000 -54%
JG
77
Jefferies Group
New York
$9.28M +$7.83M +671,024 +1,940%
Legal & General Group
78
Legal & General Group
United Kingdom
$9.11M -$1.55M -132,500 -16%
D.E. Shaw & Co
79
D.E. Shaw & Co
New York
$8.39M +$2.28M +195,667 +44%
ICP
80
Indus Capital Partners
New York
$8.15M +$1.64M +140,400 +28%
Lazard Asset Management
81
Lazard Asset Management
New York
$8.09M +$3.93K +337 +0.1%
EARNEST Partners
82
EARNEST Partners
Georgia
$8.08M -$369K -31,657 -5%
SG Americas Securities
83
SG Americas Securities
New York
$7.98M -$14.8M -1,269,497 -68%
NCM
84
Northroad Capital Management
New York
$7.48M +$3.02M +259,038 +84%
Nomura Holdings
85
Nomura Holdings
Japan
$7.26M -$4.54M -389,084 -41%
NCM
86
Newgate Capital Management
Connecticut
$7.16M -$1.12M -95,677 -15%
GC
87
Guggenheim Capital
Illinois
$6.8M -$131K -11,233 -2%
Allianz Asset Management
88
Allianz Asset Management
Germany
$6.79M +$928K +79,515 +18%
California Public Employees Retirement System
89
California Public Employees Retirement System
California
$6.77M -$4.59M -393,391 -45%
UBS AM
90
UBS AM
Illinois
$6.7M -$305K -26,100 -5%
PG
91
PEAK6 Group
Illinois
$6.45M -$172K -14,737 -3%
B
92
BP
United Kingdom
$6.43M +$4.66M +399,000 +443%
ACI
93
AMP Capital Investors
Australia
$6.14M -$140K -12,000 -3%
DVM
94
Dreman Value Management
Florida
$6M +$1.28M +109,345 +31%
Primecap Management
95
Primecap Management
California
$5.65M
AII
96
AGF Investments Inc
Ontario, Canada
$5.51M -$37.3K -3,200 -0.8%
TCIM
97
TIAA CREF Investment Management
New York
$5.14M
Twin Tree Management
98
Twin Tree Management
Texas
$4.85M +$2.84M +243,423 +194%
BCM
99
Blenheim Capital Management
New Jersey
$4.8M +$759K +65,000 +22%
Thrivent Financial for Lutherans
100
Thrivent Financial for Lutherans
Minnesota
$4.54M

PBR Hedge Fund Activity: Q1 2014 in Review

335 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Petrobras (PBR) for Q1 2014, worth a combined $6.38B — down 4.8% from $6.71B a quarter earlier.

Sellers outnumbered buyers: 52 funds closed out of PBR and 48 opened new positions — a net loss of 4 holders — while 119 trimmed existing stakes and 108 added.

The largest buyer was BNP Paribas Financial Markets, adding an estimated $156M. The largest seller was Northern Cross, exiting entirely with an estimated $202M sold.

  • 335 institutional investors held Petrobras (PBR) as of Q1 2014, down from 341 in Q4 2013.
  • Funds reported $6.38B of Petrobras stock for Q1 2014, down 4.8% quarter-over-quarter.
  • 48 funds opened new Petrobras positions in Q1 2014 and 52 closed out, a net change of -4 holders.
  • The largest Petrobras buyer in Q1 2014 was BNP Paribas Financial Markets, an estimated $156M added.
  • The largest Petrobras seller in Q1 2014 was Northern Cross, an estimated $202M sold.

Based on aggregated 13F filings for Q1 2014.