Petrobras
PBR
272 hedge funds and large institutions have $3.74B invested in Petrobras in 2016 Q3 according to their latest regulatory filings, with 49 funds opening new positions, 85 increasing their positions, 79 reducing their positions, and 35 closing their positions.
40% more first-time investments, than exits
New positions opened: 49 | Existing positions closed: 35
34% more capital invested
Capital invested by funds: $2.79B → $3.74B (+$950M)
4% more funds holding
Funds holding: 261 → 272 (+11)
8% more repeat investments, than reductions
Existing positions increased: 85 | Existing positions reduced: 79
0.15% more ownership
Funds ownership: 5.25% → 5.4% (+0.15%)
0% more funds holding in top 10
Funds holding in top 10: 9 → 9 (0)
46% less call options, than puts
Call options by funds: $167M | Put options by funds: $307M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
+$137M |
| 2 |
Schroder Investment Management Group
London,
United Kingdom
|
+$110M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$77.9M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$29.4M |
| 5 |
Goldman Sachs
New York
|
+$22.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$112M |
| 2 |
Renaissance Technologies
New York
|
-$68.6M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$47.4M |
| 4 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$41.5M |
| 5 |
EA
Emerald Acquisition
Seattle,
Washington
|
-$26.2M |
PBR Hedge Fund Activity: Q3 2016 in Review
272 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Petrobras (PBR) for Q3 2016, worth a combined $3.74B — up 34% from $2.79B a quarter earlier.
Buyers outnumbered sellers: 49 funds opened new PBR positions and 35 closed out — a net gain of 14 holders — while 85 added to existing stakes and 79 trimmed.
The largest buyer was Discovery Capital Management, opening a new position worth an estimated $137M. The largest seller was Wellington Management Group, cutting an estimated $112M.
- 272 institutional investors held Petrobras (PBR) as of Q3 2016, up from 261 in Q2 2016.
- Funds reported $3.74B of Petrobras stock for Q3 2016, up 34% quarter-over-quarter.
- 49 funds opened new Petrobras positions in Q3 2016 and 35 closed out, a net change of +14 holders.
- The largest Petrobras buyer in Q3 2016 was Discovery Capital Management, an estimated $137M added.
- The largest Petrobras seller in Q3 2016 was Wellington Management Group, an estimated $112M sold.
Based on aggregated 13F filings for Q3 2016.