Petrobras
PBR
293 hedge funds and large institutions have $4.52B invested in Petrobras in 2018 Q2 according to their latest regulatory filings, with 44 funds opening new positions, 101 increasing their positions, 92 reducing their positions, and 43 closing their positions.
10% more repeat investments, than reductions
Existing positions increased: 101 | Existing positions reduced: 92
2% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 43
0.12% less ownership
Funds ownership: 6.18% → 6.06% (-0.12%)
1% less funds holding
Funds holding: 295 → 293 (-2)
27% less funds holding in top 10
Funds holding in top 10: 11 → 8 (-3)
30% less capital invested
Capital invested by funds: $6.46B → $4.52B (-$1.94B)
53% less call options, than puts
Call options by funds: $275M | Put options by funds: $589M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fisher Asset Management
Camas,
Washington
|
+$272M |
| 2 |
Norges Bank
Oslo,
Norway
|
+$84.3M |
| 3 |
Renaissance Technologies
New York
|
+$69.1M |
| 4 |
Artisan Partners
Milwaukee,
Wisconsin
|
+$60.2M |
| 5 |
Capital World Investors
Los Angeles,
California
|
+$56.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$278M |
| 2 |
WGI
Westwood Global Investments
Boston,
Massachusetts
|
-$220M |
| 3 |
Janus Henderson Group
London,
|
-$80.5M |
| 4 |
NM
NWI Management
New York
|
-$75.4M |
| 5 |
AI
Axiom Investors
Greenwich,
Connecticut
|
-$73M |
PBR Hedge Fund Activity: Q2 2018 in Review
293 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in Petrobras (PBR) for Q2 2018, worth a combined $4.52B — down 30% from $6.46B a quarter earlier.
Buyers outnumbered sellers: 44 funds opened new PBR positions and 43 closed out — a net gain of 1 holder — while 101 added to existing stakes and 92 trimmed.
The largest buyer was Fisher Asset Management, adding an estimated $272M. The largest seller was Wellington Management Group, cutting an estimated $278M.
- 293 institutional investors held Petrobras (PBR) as of Q2 2018, down from 295 in Q1 2018.
- Funds reported $4.52B of Petrobras stock for Q2 2018, down 30% quarter-over-quarter.
- 44 funds opened new Petrobras positions in Q2 2018 and 43 closed out, a net change of +1 holder.
- The largest Petrobras buyer in Q2 2018 was Fisher Asset Management, an estimated $272M added.
- The largest Petrobras seller in Q2 2018 was Wellington Management Group, an estimated $278M sold.
Based on aggregated 13F filings for Q2 2018.