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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
Dimensional Fund Advisors
1
Dimensional Fund Advisors
Texas
$450M -$36.5M -3,124,130 -8%
T. Rowe Price Associates
2
T. Rowe Price Associates
Maryland
$339M -$3.88M -332,600 -1%
Franklin Resources
3
Franklin Resources
California
$303M -$533K -45,699 -0.2%
Wellington Management Group
4
Wellington Management Group
Massachusetts
$281M +$21.2M +1,818,533 +9%
JHIU
5
Janus Henderson Investors US
Colorado
$262M -$1.18M -101,329 -0.5%
Vanguard Group
6
Vanguard Group
Pennsylvania
$235M -$36.5M -3,123,512 -15%
BNP Paribas Financial Markets
7
BNP Paribas Financial Markets
France
$224M +$156M +13,369,940 +480%
Susquehanna International Group
8
Susquehanna International Group
Pennsylvania
$205M +$137M +11,720,371 +301%
BG
9
BlackRock Group
United Kingdom
$192M +$66.4M +5,685,517 +64%
SIM
10
Sprucegrove Investment Management
Ontario, Canada
$188M -$3.88M -332,200 -2%
Macquarie Group
11
Macquarie Group
Australia
$178M +$16.4M +1,403,100 +12%
Bank of New York Mellon
12
Bank of New York Mellon
New York
$175M +$5.76M +493,131 +4%
Fidelity Investments
13
Fidelity Investments
Massachusetts
$172M +$52.3M +4,480,843 +52%
Deutsche Bank
14
Deutsche Bank
Germany
$169M +$94.8M +8,120,594 +173%
Capital World Investors
15
Capital World Investors
California
$168M +$2.23M +191,480 +2%
Bank of America
16
Bank of America
North Carolina
$165M +$10.8M +923,502 +8%
Massachusetts Financial Services
17
Massachusetts Financial Services
Massachusetts
$160M -$13.8M -1,179,850 -9%
Morgan Stanley
18
Morgan Stanley
New York
$148M +$24.8M +2,125,909 +23%
WGI
19
Westwood Global Investments
Massachusetts
$133M +$9.23M +790,470 +9%
CS
20
Credit Suisse
Switzerland
$132M -$17.3M -1,480,142 -13%
Wells Fargo
21
Wells Fargo
California
$115M -$487K -41,745 -0.5%
Citigroup
22
Citigroup
New York
$115M -$42.1M -3,605,841 -29%
BA
23
BlackRock Advisors
Delaware
$107M +$26.9M +2,305,081 +39%
State Street
24
State Street
Massachusetts
$84.3M -$12.3M -1,051,068 -14%
AAM
25
Aberdeen Asset Management
United Kingdom
$69.9M +$4.78M +409,700 +8%

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.