Petrobras
PBR
300 hedge funds and large institutions have $5B invested in Petrobras in 2021 Q1 according to their latest regulatory filings, with 66 funds opening new positions, 92 increasing their positions, 91 reducing their positions, and 57 closing their positions.
16% more first-time investments, than exits
New positions opened: 66 | Existing positions closed: 57
2% more funds holding
Funds holding: 294 → 300 (+6)
1% more repeat investments, than reductions
Existing positions increased: 92 | Existing positions reduced: 91
0.92% less ownership
Funds ownership: 8.85% → 7.93% (-0.92%)
7% less funds holding in top 10
Funds holding in top 10: 14 → 13 (-1)
33% less call options, than puts
Call options by funds: $293M | Put options by funds: $436M
39% less capital invested
Capital invested by funds: $8.18B → $5B (-$3.18B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$245M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$143M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$128M |
| 4 |
AIM
ARGA Investment Management
Stamford,
Connecticut
|
+$111M |
| 5 |
Goldman Sachs
New York
|
+$111M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$489M |
| 2 |
Renaissance Technologies
New York
|
-$274M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$220M |
| 4 |
Boston Partners
Boston,
Massachusetts
|
-$205M |
| 5 |
RAA
RWC Asset Advisors
Miami,
Florida
|
-$205M |
PBR Hedge Fund Activity: Q1 2021 in Review
300 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in Petrobras (PBR) for Q1 2021, worth a combined $5B — down 39% from $8.18B a quarter earlier.
Buyers outnumbered sellers: 66 funds opened new PBR positions and 57 closed out — a net gain of 9 holders — while 92 added to existing stakes and 91 trimmed.
The largest buyer was Baillie Gifford & Co, adding an estimated $245M. The largest seller was Capital World Investors, cutting an estimated $489M.
- 300 institutional investors held Petrobras (PBR) as of Q1 2021, up from 294 in Q4 2020.
- Funds reported $5B of Petrobras stock for Q1 2021, down 39% quarter-over-quarter.
- 66 funds opened new Petrobras positions in Q1 2021 and 57 closed out, a net change of +9 holders.
- The largest Petrobras buyer in Q1 2021 was Baillie Gifford & Co, an estimated $245M added.
- The largest Petrobras seller in Q1 2021 was Capital World Investors, an estimated $489M sold.
Based on aggregated 13F filings for Q1 2021.