Petrobras
PBR
499 hedge funds and large institutions have $10.9B invested in Petrobras in 2024 Q1 according to their latest regulatory filings, with 87 funds opening new positions, 196 increasing their positions, 139 reducing their positions, and 50 closing their positions.
74% more first-time investments, than exits
New positions opened: 87 | Existing positions closed: 50
41% more repeat investments, than reductions
Existing positions increased: 196 | Existing positions reduced: 139
7% more funds holding
Funds holding: 465 → 499 (+34)
5% more funds holding in top 10
Funds holding in top 10: 21 → 22 (+1)
0.37% less ownership
Funds ownership: 9.98% → 9.61% (-0.37%)
8% less capital invested
Capital invested by funds: $11.9B → $10.9B (-$981M)
20% less call options, than puts
Call options by funds: $829M | Put options by funds: $1.03B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$259M |
| 2 |
Morgan Stanley
New York
|
+$178M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$123M |
| 4 |
PL
Perpetual Ltd
Sydney, New South Wales,
Australia
|
+$60.3M |
| 5 |
State of Wisconsin Investment Board
Madison,
Wisconsin
|
+$45.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GQG Partners
Ft. Lauderdale,
Florida
|
-$284M |
| 2 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$219M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$198M |
| 4 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
-$75.7M |
| 5 |
Lazard Asset Management
New York
|
-$69.9M |
PBR Hedge Fund Activity: Q1 2024 in Review
499 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Petrobras (PBR) for Q1 2024, worth a combined $10.9B — down 8.3% from $11.9B a quarter earlier.
Buyers outnumbered sellers: 87 funds opened new PBR positions and 50 closed out — a net gain of 37 holders — while 196 added to existing stakes and 139 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $259M. The largest seller was GQG Partners, cutting an estimated $284M.
- 499 institutional investors held Petrobras (PBR) as of Q1 2024, up from 465 in Q4 2023.
- Funds reported $10.9B of Petrobras stock for Q1 2024, down 8.3% quarter-over-quarter.
- 87 funds opened new Petrobras positions in Q1 2024 and 50 closed out, a net change of +37 holders.
- The largest Petrobras buyer in Q1 2024 was Goldman Sachs, an estimated $259M added.
- The largest Petrobras seller in Q1 2024 was GQG Partners, an estimated $284M sold.
Based on aggregated 13F filings for Q1 2024.