Petrobras
PBR
284 hedge funds and large institutions have $3B invested in Petrobras in 2017 Q2 according to their latest regulatory filings, with 47 funds opening new positions, 94 increasing their positions, 91 reducing their positions, and 38 closing their positions.
24% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 38
3% more funds holding
Funds holding: 277 → 284 (+7)
3% more repeat investments, than reductions
Existing positions increased: 94 | Existing positions reduced: 91
0.08% less ownership
Funds ownership: 5.13% → 5.06% (-0.08%)
10% less funds holding in top 10
Funds holding in top 10: 10 → 9 (-1)
19% less capital invested
Capital invested by funds: $3.7B → $3B (-$696M)
61% less call options, than puts
Call options by funds: $141M | Put options by funds: $364M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$80.7M |
| 2 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
+$51.4M |
| 3 |
Janus Henderson Group
London,
|
+$49.8M |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
+$32.8M |
| 5 |
Schroder Investment Management Group
London,
United Kingdom
|
+$26.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$120M |
| 2 |
Two Sigma Investments
New York
|
-$69.1M |
| 3 |
Russell Investments Group
London,
United Kingdom
|
-$33.2M |
| 4 |
CGT
Capital Guardian Trust
Los Angeles,
California
|
-$26.4M |
| 5 |
Morgan Stanley
New York
|
-$24.1M |
PBR Hedge Fund Activity: Q2 2017 in Review
284 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Petrobras (PBR) for Q2 2017, worth a combined $3B — down 19% from $3.7B a quarter earlier.
Buyers outnumbered sellers: 47 funds opened new PBR positions and 38 closed out — a net gain of 9 holders — while 94 added to existing stakes and 91 trimmed.
The largest buyer was Renaissance Technologies, adding an estimated $80.7M. The largest seller was Wellington Management Group, cutting an estimated $120M.
- 284 institutional investors held Petrobras (PBR) as of Q2 2017, up from 277 in Q1 2017.
- Funds reported $3B of Petrobras stock for Q2 2017, down 19% quarter-over-quarter.
- 47 funds opened new Petrobras positions in Q2 2017 and 38 closed out, a net change of +9 holders.
- The largest Petrobras buyer in Q2 2017 was Renaissance Technologies, an estimated $80.7M added.
- The largest Petrobras seller in Q2 2017 was Wellington Management Group, an estimated $120M sold.
Based on aggregated 13F filings for Q2 2017.