Petrobras
PBR
329 hedge funds and large institutions have $7.39B invested in Petrobras in 2013 Q3 according to their latest regulatory filings, with 40 funds opening new positions, 111 increasing their positions, 114 reducing their positions, and 40 closing their positions.
17% more funds holding in top 10
Funds holding in top 10: 12 → 14 (+2)
13% more capital invested
Capital invested by funds: $6.55B → $7.39B (+$845M)
0% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 40
0.15% less ownership
Funds ownership: 6.56% → 6.42% (-0.15%)
3% less repeat investments, than reductions
Existing positions increased: 111 | Existing positions reduced: 114
1% less funds holding
Funds holding: 333 → 329 (-4)
25% less call options, than puts
Call options by funds: $298M | Put options by funds: $397M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$114M |
| 2 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
+$76.8M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$43.4M |
| 4 |
BG
BlackRock Group
London,
United Kingdom
|
+$43M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
+$40.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
-$106M |
| 2 |
JP Morgan Chase
New York
|
-$61.1M |
| 3 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
-$61M |
| 4 |
SCA
SAC Capital Advisors
Stamford,
Connecticut
|
-$59.3M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
-$57.2M |
PBR Hedge Fund Activity: Q3 2013 in Review
329 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Petrobras (PBR) for Q3 2013, worth a combined $7.39B — up 13% from $6.55B a quarter earlier.
Fund positioning in PBR was balanced in Q3 2013: 40 funds opened new positions, 40 closed out, 111 added to existing stakes and 114 trimmed.
The largest buyer was Massachusetts Financial Services, adding an estimated $114M. The largest seller was Capital International Investors, exiting entirely with an estimated $106M sold.
- 329 institutional investors held Petrobras (PBR) as of Q3 2013, down from 333 in Q2 2013.
- Funds reported $7.39B of Petrobras stock for Q3 2013, up 13% quarter-over-quarter.
- 40 funds opened new Petrobras positions in Q3 2013 and 40 closed out, a net change of 0 holders.
- The largest Petrobras buyer in Q3 2013 was Massachusetts Financial Services, an estimated $114M added.
- The largest Petrobras seller in Q3 2013 was Capital International Investors, an estimated $106M sold.
Based on aggregated 13F filings for Q3 2013.