Petrobras
PBR
261 hedge funds and large institutions have $2.77B invested in Petrobras in 2016 Q2 according to their latest regulatory filings, with 37 funds opening new positions, 67 increasing their positions, 86 reducing their positions, and 25 closing their positions.
48% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 25
42% more capital invested
Capital invested by funds: $1.95B → $2.77B (+$824M)
29% more funds holding in top 10
Funds holding in top 10: 7 → 9 (+2)
4% more funds holding
Funds holding: 250 → 261 (+11)
0.72% more ownership
Funds ownership: 4.46% → 5.18% (+0.72%)
22% less repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 86
59% less call options, than puts
Call options by funds: $92.8M | Put options by funds: $225M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$167M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$127M |
| 3 |
Renaissance Technologies
New York
|
+$54.5M |
| 4 |
RCIM
Russell Clark Investment Management
London,
United Kingdom
|
+$50.3M |
| 5 |
AI
Axiom Investors
Greenwich,
Connecticut
|
+$28.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$53.8M |
| 2 |
Morgan Stanley
New York
|
-$35.4M |
| 3 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$18.3M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$14.6M |
| 5 |
Jane Street
New York
|
-$14.3M |
PBR Hedge Fund Activity: Q2 2016 in Review
261 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Petrobras (PBR) for Q2 2016, worth a combined $2.77B — up 42% from $1.95B a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new PBR positions and 25 closed out — a net gain of 12 holders — while 67 added to existing stakes and 86 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $167M. The largest seller was Bank of America, cutting an estimated $53.8M.
- 261 institutional investors held Petrobras (PBR) as of Q2 2016, up from 250 in Q1 2016.
- Funds reported $2.77B of Petrobras stock for Q2 2016, up 42% quarter-over-quarter.
- 37 funds opened new Petrobras positions in Q2 2016 and 25 closed out, a net change of +12 holders.
- The largest Petrobras buyer in Q2 2016 was Wellington Management Group, an estimated $167M added.
- The largest Petrobras seller in Q2 2016 was Bank of America, an estimated $53.8M sold.
Based on aggregated 13F filings for Q2 2016.