Petrobras
PBR
399 hedge funds and large institutions have $9.97B invested in Petrobras in 2023 Q2 according to their latest regulatory filings, with 48 funds opening new positions, 127 increasing their positions, 142 reducing their positions, and 61 closing their positions.
60% more funds holding in top 10
Funds holding in top 10: 10 → 16 (+6)
31% more capital invested
Capital invested by funds: $7.58B → $9.97B (+$2.39B)
0.01% less ownership
Funds ownership: 9.74% → 9.73% (-0.01%)
4% less funds holding
Funds holding: 416 → 399 (-17)
11% less repeat investments, than reductions
Existing positions increased: 127 | Existing positions reduced: 142
21% less first-time investments, than exits
New positions opened: 48 | Existing positions closed: 61
36% less call options, than puts
Call options by funds: $530M | Put options by funds: $822M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$123M |
| 2 |
Morgan Stanley
New York
|
+$99.1M |
| 3 |
SGDR
SPX Gestao de Recursos
Rio De Janeiro,
Brazil
|
+$84.7M |
| 4 |
JP Morgan Chase
New York
|
+$82.6M |
| 5 |
IUHSA
Itau Unibanco Holding S.A.
Sao Paulo,
Brazil
|
+$62.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$112M |
| 2 |
TAA
Turiya Advisors Asia
Hong Kong
|
-$70.1M |
| 3 |
Renaissance Technologies
New York
|
-$62.3M |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
-$51.7M |
| 5 |
Optiver Holding
Amsterdam,
Netherlands
|
-$47.6M |
PBR Hedge Fund Activity: Q2 2023 in Review
399 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Petrobras (PBR) for Q2 2023, worth a combined $9.97B — up 31% from $7.58B a quarter earlier.
Sellers outnumbered buyers: 61 funds closed out of PBR and 48 opened new positions — a net loss of 13 holders — while 142 trimmed existing stakes and 127 added.
The largest buyer was Fidelity Investments, adding an estimated $123M. The largest seller was Susquehanna International Group, cutting an estimated $112M.
- 399 institutional investors held Petrobras (PBR) as of Q2 2023, down from 416 in Q1 2023.
- Funds reported $9.97B of Petrobras stock for Q2 2023, up 31% quarter-over-quarter.
- 48 funds opened new Petrobras positions in Q2 2023 and 61 closed out, a net change of -13 holders.
- The largest Petrobras buyer in Q2 2023 was Fidelity Investments, an estimated $123M added.
- The largest Petrobras seller in Q2 2023 was Susquehanna International Group, an estimated $112M sold.
Based on aggregated 13F filings for Q2 2023.