Petrobras
PBR
299 hedge funds and large institutions have $3.21B invested in Petrobras in 2020 Q1 according to their latest regulatory filings, with 45 funds opening new positions, 113 increasing their positions, 83 reducing their positions, and 64 closing their positions.
36% more repeat investments, than reductions
Existing positions increased: 113 | Existing positions reduced: 83
1.19% more ownership
Funds ownership: 6.58% → 7.77% (+1.2%)
7% less funds holding
Funds holding: 322 → 299 (-23)
30% less first-time investments, than exits
New positions opened: 45 | Existing positions closed: 64
47% less funds holding in top 10
Funds holding in top 10: 17 → 9 (-8)
50% less call options, than puts
Call options by funds: $145M | Put options by funds: $290M
59% less capital invested
Capital invested by funds: $7.82B → $3.21B (-$4.61B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
+$241M |
| 2 |
N
Natixis
Paris,
France
|
+$139M |
| 3 |
CII
Capital International Inc
Los Angeles,
California
|
+$121M |
| 4 |
Renaissance Technologies
New York
|
+$113M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$84M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$194M |
| 2 |
BAMCO Inc
New York
|
-$129M |
| 3 |
CGM
Capital Growth Management
Boston,
Massachusetts
|
-$103M |
| 4 |
Fidelity International
Hamilton,
Bermuda
|
-$50M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$49M |
PBR Hedge Fund Activity: Q1 2020 in Review
299 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Petrobras (PBR) for Q1 2020, worth a combined $3.21B — down 59% from $7.82B a quarter earlier.
Sellers outnumbered buyers: 64 funds closed out of PBR and 45 opened new positions — a net loss of 19 holders — while 83 trimmed existing stakes and 113 added.
The largest buyer was Capital Research Global Investors, adding an estimated $241M. The largest seller was Artisan Partners, cutting an estimated $194M.
- 299 institutional investors held Petrobras (PBR) as of Q1 2020, down from 322 in Q4 2019.
- Funds reported $3.21B of Petrobras stock for Q1 2020, down 59% quarter-over-quarter.
- 45 funds opened new Petrobras positions in Q1 2020 and 64 closed out, a net change of -19 holders.
- The largest Petrobras buyer in Q1 2020 was Capital Research Global Investors, an estimated $241M added.
- The largest Petrobras seller in Q1 2020 was Artisan Partners, an estimated $194M sold.
Based on aggregated 13F filings for Q1 2020.