Petrobras
PBR
341 hedge funds and large institutions have $6.71B invested in Petrobras in 2013 Q4 according to their latest regulatory filings, with 49 funds opening new positions, 101 increasing their positions, 132 reducing their positions, and 33 closing their positions.
48% more first-time investments, than exits
New positions opened: 49 | Existing positions closed: 33
7% more funds holding in top 10
Funds holding in top 10: 14 → 15 (+1)
4% more funds holding
Funds holding: 329 → 341 (+12)
0.02% less ownership
Funds ownership: 6.41% → 6.39% (-0.02%)
9% less capital invested
Capital invested by funds: $7.39B → $6.71B (-$684M)
23% less repeat investments, than reductions
Existing positions increased: 101 | Existing positions reduced: 132
48% less call options, than puts
Call options by funds: $236M | Put options by funds: $454M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$60.8M |
| 2 |
Citigroup
New York
|
+$52.2M |
| 3 |
NC
Northern Cross
Boston,
Massachusetts
|
+$44.1M |
| 4 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
+$38.2M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$34.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$258M |
| 2 |
AG
Ashmore Group
London,
United Kingdom
|
-$97.1M |
| 3 |
Bank of New York Mellon
New York
|
-$52.1M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$38.7M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$29.9M |
PBR Hedge Fund Activity: Q4 2013 in Review
341 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Petrobras (PBR) for Q4 2013, worth a combined $6.71B — down 9.3% from $7.39B a quarter earlier.
Buyers outnumbered sellers: 49 funds opened new PBR positions and 33 closed out — a net gain of 16 holders — while 101 added to existing stakes and 132 trimmed.
The largest buyer was Invesco, opening a new position worth an estimated $60.8M. The largest seller was Capital World Investors, cutting an estimated $258M.
- 341 institutional investors held Petrobras (PBR) as of Q4 2013, up from 329 in Q3 2013.
- Funds reported $6.71B of Petrobras stock for Q4 2013, down 9.3% quarter-over-quarter.
- 49 funds opened new Petrobras positions in Q4 2013 and 33 closed out, a net change of +16 holders.
- The largest Petrobras buyer in Q4 2013 was Invesco, an estimated $60.8M added.
- The largest Petrobras seller in Q4 2013 was Capital World Investors, an estimated $258M sold.
Based on aggregated 13F filings for Q4 2013.