Petrobras
PBR
486 hedge funds and large institutions have $9.75B invested in Petrobras in 2024 Q2 according to their latest regulatory filings, with 71 funds opening new positions, 176 increasing their positions, 161 reducing their positions, and 73 closing their positions.
9% more repeat investments, than reductions
Existing positions increased: 176 | Existing positions reduced: 161
0.56% less ownership
Funds ownership: 9.61% → 9.05% (-0.56%)
3% less first-time investments, than exits
New positions opened: 71 | Existing positions closed: 73
3% less funds holding
Funds holding: 499 → 486 (-13)
10% less capital invested
Capital invested by funds: $10.9B → $9.75B (-$1.13B)
45% less funds holding in top 10
Funds holding in top 10: 22 → 12 (-10)
52% less call options, than puts
Call options by funds: $441M | Put options by funds: $917M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GQG Partners
Ft. Lauderdale,
Florida
|
+$255M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
+$183M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$123M |
| 4 |
ECA
Encompass Capital Advisors
New York
|
+$78.6M |
| 5 |
Schroder Investment Management Group
London,
United Kingdom
|
+$63.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$488M |
| 2 |
Morgan Stanley
New York
|
-$202M |
| 3 |
UBS AM
Chicago,
Illinois
|
-$144M |
| 4 |
IUHSA
Itau Unibanco Holding S.A.
Sao Paulo,
Brazil
|
-$88.8M |
| 5 |
SGDR
SPX Gestao de Recursos
Rio De Janeiro,
Brazil
|
-$61.5M |
PBR Hedge Fund Activity: Q2 2024 in Review
486 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in Petrobras (PBR) for Q2 2024, worth a combined $9.75B — down 10% from $10.9B a quarter earlier.
Sellers outnumbered buyers: 73 funds closed out of PBR and 71 opened new positions — a net loss of 2 holders — while 161 trimmed existing stakes and 176 added.
The largest buyer was GQG Partners, adding an estimated $255M. The largest seller was Goldman Sachs, cutting an estimated $488M.
- 486 institutional investors held Petrobras (PBR) as of Q2 2024, down from 499 in Q1 2024.
- Funds reported $9.75B of Petrobras stock for Q2 2024, down 10% quarter-over-quarter.
- 71 funds opened new Petrobras positions in Q2 2024 and 73 closed out, a net change of -2 holders.
- The largest Petrobras buyer in Q2 2024 was GQG Partners, an estimated $255M added.
- The largest Petrobras seller in Q2 2024 was Goldman Sachs, an estimated $488M sold.
Based on aggregated 13F filings for Q2 2024.