Petrobras
PBR
307 hedge funds and large institutions have $4.19B invested in Petrobras in 2017 Q4 according to their latest regulatory filings, with 70 funds opening new positions, 87 increasing their positions, 98 reducing their positions, and 30 closing their positions.
133% more first-time investments, than exits
New positions opened: 70 | Existing positions closed: 30
15% more funds holding
Funds holding: 268 → 307 (+39)
11% more capital invested
Capital invested by funds: $3.76B → $4.19B (+$429M)
0.48% more ownership
Funds ownership: 4.99% → 5.48% (+0.48%)
0% more funds holding in top 10
Funds holding in top 10: 11 → 11 (0)
11% less repeat investments, than reductions
Existing positions increased: 87 | Existing positions reduced: 98
45% less call options, than puts
Call options by funds: $259M | Put options by funds: $473M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
+$258M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$108M |
| 3 |
CGM
Capital Growth Management
Boston,
Massachusetts
|
+$66.4M |
| 4 |
TI
TT International
London,
United Kingdom
|
+$55.3M |
| 5 |
Renaissance Technologies
New York
|
+$51.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
-$73.6M |
| 2 |
Two Sigma Investments
New York
|
-$60.2M |
| 3 |
Two Sigma Advisers
New York
|
-$51.1M |
| 4 |
PSCM
Prince Street Capital Management
New York
|
-$34M |
| 5 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$32.6M |
PBR Hedge Fund Activity: Q4 2017 in Review
307 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in Petrobras (PBR) for Q4 2017, worth a combined $4.19B — up 11% from $3.76B a quarter earlier.
Buyers outnumbered sellers: 70 funds opened new PBR positions and 30 closed out — a net gain of 40 holders — while 87 added to existing stakes and 98 trimmed.
The largest buyer was Capital Research Global Investors, adding an estimated $258M. The largest seller was Discovery Capital Management, cutting an estimated $73.6M.
- 307 institutional investors held Petrobras (PBR) as of Q4 2017, up from 268 in Q3 2017.
- Funds reported $4.19B of Petrobras stock for Q4 2017, up 11% quarter-over-quarter.
- 70 funds opened new Petrobras positions in Q4 2017 and 30 closed out, a net change of +40 holders.
- The largest Petrobras buyer in Q4 2017 was Capital Research Global Investors, an estimated $258M added.
- The largest Petrobras seller in Q4 2017 was Discovery Capital Management, an estimated $73.6M sold.
Based on aggregated 13F filings for Q4 2017.