Petrobras
PBR
484 hedge funds and large institutions have $8.07B invested in Petrobras in 2025 Q2 according to their latest regulatory filings, with 73 funds opening new positions, 189 increasing their positions, 140 reducing their positions, and 58 closing their positions.
35% more repeat investments, than reductions
Existing positions increased: 189 | Existing positions reduced: 140
26% more first-time investments, than exits
New positions opened: 73 | Existing positions closed: 58
8.01% more ownership
Funds ownership: 9.31% → 17.32% (+8%)
2% more funds holding
Funds holding: 475 → 484 (+9)
19% less capital invested
Capital invested by funds: $9.94B → $8.07B (-$1.87B)
23% less call options, than puts
Call options by funds: $357M | Put options by funds: $462M
29% less funds holding in top 10
Funds holding in top 10: 14 → 10 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
+$211M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$106M |
| 3 |
UBS AM
Chicago,
Illinois
|
+$90.7M |
| 4 |
Marshall Wace
London,
United Kingdom
|
+$70.4M |
| 5 |
Renaissance Technologies
New York
|
+$42.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GQG Partners
Ft. Lauderdale,
Florida
|
-$416M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$304M |
| 3 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
-$136M |
| 4 |
CC
Carrhae Capital
London,
United Kingdom
|
-$64.8M |
| 5 |
Voloridge Investment Management
Jupiter,
Florida
|
-$63M |
PBR Hedge Fund Activity: Q2 2025 in Review
484 of the 7,613 institutional investors tracked by Wall St. Rank reported a position in Petrobras (PBR) for Q2 2025, worth a combined $8.07B — down 19% from $9.94B a quarter earlier.
Buyers outnumbered sellers: 73 funds opened new PBR positions and 58 closed out — a net gain of 15 holders — while 189 added to existing stakes and 140 trimmed.
The largest buyer was Capital International Investors, opening a new position worth an estimated $211M. The largest seller was GQG Partners, cutting an estimated $416M.
- 484 institutional investors held Petrobras (PBR) as of Q2 2025, up from 475 in Q1 2025.
- Funds reported $8.07B of Petrobras stock for Q2 2025, down 19% quarter-over-quarter.
- 73 funds opened new Petrobras positions in Q2 2025 and 58 closed out, a net change of +15 holders.
- The largest Petrobras buyer in Q2 2025 was Capital International Investors, an estimated $211M added.
- The largest Petrobras seller in Q2 2025 was GQG Partners, an estimated $416M sold.
Based on aggregated 13F filings for Q2 2025.