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Petrobras

416 hedge funds and large institutions have $7.58B invested in Petrobras in 2023 Q1 according to their latest regulatory filings, with 68 funds opening new positions, 128 increasing their positions, 146 reducing their positions, and 56 closing their positions.

New
Increased
Maintained
Reduced
Closed

21% more first-time investments, than exits

New positions opened: 68 | Existing positions closed: 56

1% more funds holding

Funds holding: 411416 (+5)

0.28% less ownership

Funds ownership: 10.02%9.74% (-0.28%)

4% less capital invested

Capital invested by funds: $7.87B → $7.58B (-$288M)

12% less repeat investments, than reductions

Existing positions increased: 128 | Existing positions reduced: 146

33% less funds holding in top 10

Funds holding in top 10: 1510 (-5)

42% less call options, than puts

Call options by funds: $278M | Put options by funds: $477M

Holders
416
Holders Change
+5
Holders Change %
+1.22%
% of All Funds
6.63%
Holding in Top 10
10
Holding in Top 10 Change
-5
Holding in Top 10 Change %
-33.33%
% of All Funds
0.16%
New
68
Increased
128
Reduced
146
Closed
56
Calls
$278M
Puts
$477M
Net Calls
-$199M
Net Calls Change
+$82.7M
Name Holding Trade Value Shares
Change
Change in
Stake
GQG Partners
1
GQG Partners
Florida
$2.2B +$16.2M +1,489,361 +0.7%
Baillie Gifford & Co
2
Baillie Gifford & Co
United Kingdom
$602M -$15.6M -1,436,214 -2%
Fidelity Investments
3
Fidelity Investments
Massachusetts
$493M -$61.7M -5,672,385 -11%
Arrowstreet Capital
4
Arrowstreet Capital
Massachusetts
$434M -$916K -84,225 -0.2%
Lazard Asset Management
5
Lazard Asset Management
New York
$278M -$20.3M -1,864,272 -7%
AIM
6
ARGA Investment Management
Connecticut
$194M +$7.59M +698,049 +4%
Fisher Asset Management
7
Fisher Asset Management
Washington
$183M -$466K -42,852 -0.2%
BlackRock
8
BlackRock
New York
$158M -$14.5M -1,335,514 -8%
UBS AM
9
UBS AM
Illinois
$153M -$3.78M -347,400 -2%
Goldman Sachs
10
Goldman Sachs
New York
$149M +$26.5M +2,440,512 +21%
MIP
11
Mondrian Investment Partners
United Kingdom
$139M +$5.9M +541,982 +4%
Bank of America
12
Bank of America
North Carolina
$132M +$33.4M +3,070,001 +32%
Schroder Investment Management Group
13
Schroder Investment Management Group
United Kingdom
$126M -$7.69M -706,935 -6%
Massachusetts Financial Services
14
Massachusetts Financial Services
Massachusetts
$122M +$3.74M +343,883 +3%
Susquehanna International Group
15
Susquehanna International Group
Pennsylvania
$106M +$102M +9,410,754 +1,223%
Morgan Stanley
16
Morgan Stanley
New York
$98.9M +$22.5M +2,065,426 +28%
Renaissance Technologies
17
Renaissance Technologies
New York
$96.2M -$61.9M -5,687,800 -38%
OCM
18
Oaktree Capital Management
California
$84.1M +$3.88M +356,584 +5%
Dimensional Fund Advisors
19
Dimensional Fund Advisors
Texas
$72.2M -$9.88K -908 -0%
TIM
20
Thornburg Investment Management
New Mexico
$72.1M +$1.48M +136,000 +2%
TAA
21
Turiya Advisors Asia
Hong Kong
$70.1M +$27.2M +2,496,463 +59%
Russell Investments Group
22
Russell Investments Group
United Kingdom
$68M +$11.4M +1,048,187 +19%
Robeco Institutional Asset Management
23
Robeco Institutional Asset Management
Netherlands
$63.4M +$20.6M +1,897,825 +45%
Acadian Asset Management
24
Acadian Asset Management
Massachusetts
$62M -$5.11M -470,055 -7%
CCM
25
Contrarian Capital Management
Connecticut
$59.9M -$8.58M -789,225 -12%

PBR Hedge Fund Activity: Q1 2023 in Review

416 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Petrobras (PBR) for Q1 2023, worth a combined $7.58B — down 3.7% from $7.87B a quarter earlier.

Buyers outnumbered sellers: 68 funds opened new PBR positions and 56 closed out — a net gain of 12 holders — while 128 added to existing stakes and 146 trimmed.

The largest buyer was Susquehanna International Group, adding an estimated $102M. The largest seller was National Bank of Canada, cutting an estimated $149M.

  • 416 institutional investors held Petrobras (PBR) as of Q1 2023, up from 411 in Q4 2022.
  • Funds reported $7.58B of Petrobras stock for Q1 2023, down 3.7% quarter-over-quarter.
  • 68 funds opened new Petrobras positions in Q1 2023 and 56 closed out, a net change of +12 holders.
  • The largest Petrobras buyer in Q1 2023 was Susquehanna International Group, an estimated $102M added.
  • The largest Petrobras seller in Q1 2023 was National Bank of Canada, an estimated $149M sold.

Based on aggregated 13F filings for Q1 2023.