Petrobras
PBR
433 hedge funds and large institutions have $11B invested in Petrobras in 2023 Q3 according to their latest regulatory filings, with 74 funds opening new positions, 148 increasing their positions, 128 reducing their positions, and 37 closing their positions.
100% more first-time investments, than exits
New positions opened: 74 | Existing positions closed: 37
19% more funds holding in top 10
Funds holding in top 10: 16 → 19 (+3)
16% more repeat investments, than reductions
Existing positions increased: 148 | Existing positions reduced: 128
11% more capital invested
Capital invested by funds: $9.97B → $11B (+$1.05B)
9% more funds holding
Funds holding: 399 → 433 (+34)
0.12% more ownership
Funds ownership: 9.73% → 9.85% (+0.12%)
20% less call options, than puts
Call options by funds: $849M | Put options by funds: $1.06B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Schroder Investment Management Group
London,
United Kingdom
|
+$206M |
| 2 |
SGDR
SPX Gestao de Recursos
Rio De Janeiro,
Brazil
|
+$88M |
| 3 |
Goldman Sachs
New York
|
+$82.3M |
| 4 |
TIAM
TT International Asset Management
London,
United Kingdom
|
+$69.4M |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$58.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$129M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$103M |
| 3 |
Lazard Asset Management
New York
|
-$86M |
| 4 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
-$83.8M |
| 5 |
IUHSA
Itau Unibanco Holding S.A.
Sao Paulo,
Brazil
|
-$57.4M |
PBR Hedge Fund Activity: Q3 2023 in Review
433 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Petrobras (PBR) for Q3 2023, worth a combined $11B — up 11% from $9.97B a quarter earlier.
Buyers outnumbered sellers: 74 funds opened new PBR positions and 37 closed out — a net gain of 37 holders — while 148 added to existing stakes and 128 trimmed.
The largest buyer was Schroder Investment Management Group, adding an estimated $206M. The largest seller was Fidelity Investments, cutting an estimated $129M.
- 433 institutional investors held Petrobras (PBR) as of Q3 2023, up from 399 in Q2 2023.
- Funds reported $11B of Petrobras stock for Q3 2023, up 11% quarter-over-quarter.
- 74 funds opened new Petrobras positions in Q3 2023 and 37 closed out, a net change of +37 holders.
- The largest Petrobras buyer in Q3 2023 was Schroder Investment Management Group, an estimated $206M added.
- The largest Petrobras seller in Q3 2023 was Fidelity Investments, an estimated $129M sold.
Based on aggregated 13F filings for Q3 2023.