Petrobras
PBR
277 hedge funds and large institutions have $3.7B invested in Petrobras in 2017 Q1 according to their latest regulatory filings, with 48 funds opening new positions, 114 increasing their positions, 64 reducing their positions, and 40 closing their positions.
78% more repeat investments, than reductions
Existing positions increased: 114 | Existing positions reduced: 64
20% more first-time investments, than exits
New positions opened: 48 | Existing positions closed: 40
11% more funds holding in top 10
Funds holding in top 10: 9 → 10 (+1)
0% more funds holding
Funds holding: 276 → 277 (+1)
0.31% less ownership
Funds ownership: 5.44% → 5.13% (-0.31%)
10% less capital invested
Capital invested by funds: $4.09B → $3.7B (-$393M)
51% less call options, than puts
Call options by funds: $162M | Put options by funds: $331M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$136M |
| 2 |
Renaissance Technologies
New York
|
+$94.1M |
| 3 |
Two Sigma Investments
New York
|
+$91.5M |
| 4 |
Morgan Stanley
New York
|
+$73.8M |
| 5 |
Two Sigma Advisers
New York
|
+$72.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$456M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
-$111M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$103M |
| 4 |
Capital International Investors
Los Angeles,
California
|
-$89.8M |
| 5 |
CGM
Capital Growth Management
Boston,
Massachusetts
|
-$49.6M |
PBR Hedge Fund Activity: Q1 2017 in Review
277 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in Petrobras (PBR) for Q1 2017, worth a combined $3.7B — down 9.6% from $4.09B a quarter earlier.
Buyers outnumbered sellers: 48 funds opened new PBR positions and 40 closed out — a net gain of 8 holders — while 114 added to existing stakes and 64 trimmed.
The largest buyer was BlackRock, adding an estimated $136M. The largest seller was Capital World Investors, cutting an estimated $456M.
- 277 institutional investors held Petrobras (PBR) as of Q1 2017, up from 276 in Q4 2016.
- Funds reported $3.7B of Petrobras stock for Q1 2017, down 9.6% quarter-over-quarter.
- 48 funds opened new Petrobras positions in Q1 2017 and 40 closed out, a net change of +8 holders.
- The largest Petrobras buyer in Q1 2017 was BlackRock, an estimated $136M added.
- The largest Petrobras seller in Q1 2017 was Capital World Investors, an estimated $456M sold.
Based on aggregated 13F filings for Q1 2017.