Petrobras
PBR
294 hedge funds and large institutions have $8.18B invested in Petrobras in 2020 Q4 according to their latest regulatory filings, with 65 funds opening new positions, 97 increasing their positions, 83 reducing their positions, and 49 closing their positions.
90% more capital invested
Capital invested by funds: $4.31B → $8.18B (+$3.87B)
33% more first-time investments, than exits
New positions opened: 65 | Existing positions closed: 49
17% more repeat investments, than reductions
Existing positions increased: 97 | Existing positions reduced: 83
17% more funds holding in top 10
Funds holding in top 10: 12 → 14 (+2)
5% more funds holding
Funds holding: 279 → 294 (+15)
0.77% more ownership
Funds ownership: 8.08% → 8.85% (+0.77%)
15% less call options, than puts
Call options by funds: $499M | Put options by funds: $588M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$195M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
+$152M |
| 3 |
RAA
RWC Asset Advisors
Miami,
Florida
|
+$141M |
| 4 |
PG
Pendal Group
Sydney,
Australia
|
+$79.1M |
| 5 |
IUHSA
Itau Unibanco Holding S.A.
Sao Paulo,
Brazil
|
+$53.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$110M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$77.8M |
| 3 |
Capital World Investors
Los Angeles,
California
|
-$76.5M |
| 4 |
EAM
Emso Asset Management
London,
United Kingdom
|
-$47.7M |
| 5 |
Renaissance Technologies
New York
|
-$37.6M |
PBR Hedge Fund Activity: Q4 2020 in Review
294 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in Petrobras (PBR) for Q4 2020, worth a combined $8.18B — up 90% from $4.31B a quarter earlier.
Buyers outnumbered sellers: 65 funds opened new PBR positions and 49 closed out — a net gain of 16 holders — while 97 added to existing stakes and 83 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $195M. The largest seller was Goldman Sachs, cutting an estimated $110M.
- 294 institutional investors held Petrobras (PBR) as of Q4 2020, up from 279 in Q3 2020.
- Funds reported $8.18B of Petrobras stock for Q4 2020, up 90% quarter-over-quarter.
- 65 funds opened new Petrobras positions in Q4 2020 and 49 closed out, a net change of +16 holders.
- The largest Petrobras buyer in Q4 2020 was Wellington Management Group, an estimated $195M added.
- The largest Petrobras seller in Q4 2020 was Goldman Sachs, an estimated $110M sold.
Based on aggregated 13F filings for Q4 2020.