Petrobras Argentina S A
PZE
PZE was delisted on the 18th of May, 2018.
43 hedge funds and large institutions have $34.4M invested in Petrobras Argentina S A in 2016 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 5 increasing their positions, 16 reducing their positions, and 19 closing their positions.
90% more call options, than puts
Call options by funds: $258K | Put options by funds: $136K
14% less funds holding
Funds holding: 50 → 43 (-7)
37% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 19
65% less capital invested
Capital invested by funds: $97.1M → $34.4M (-$62.6M)
69% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 16
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
+$2.95M |
| 2 |
BCM
Bluefin Capital Management
New York
|
+$1.48M |
| 3 |
AIM
abrdn Investment Management
Edinburgh,
United Kingdom
|
+$733K |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$460K |
| 5 |
CI
Cowen Inc
New York
|
+$329K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SGDR
SPX Gestao de Recursos
Rio De Janeiro,
Brazil
|
-$42.9M |
| 2 |
BCM
Bienville Capital Management
New York
|
-$5.26M |
| 3 |
PC
PointState Capital
New York
|
-$4.12M |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$3.15M |
| 5 |
Renaissance Technologies
New York
|
-$2.54M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HCMT
51
Highland Capital Management (Texas)
Dallas,
Texas
| – | -$533K | -81,000 | Closed |
|
|
FMA
52
FNY Managed Accounts
New York
| – | -$495K | -75,291 | Closed |
|
|
FIM
53
Freedom Investment Management
Hartford,
Connecticut
| – | -$222K | -33,672 | Closed |
|
|
VKH
54
Virtu KCG Holdings
New York
| – | -$171K | -26,006 | Closed |
|
|
CCIA
55
Campbell & Co Investment Adviser
Baltimore,
Maryland
| – | -$133K | -20,233 | Closed |
|
|
PVWM
56
Point View Wealth Management
Summit,
New Jersey
| – | -$120K | -18,264 | Closed |
|
|
CANY
57
Caxton Associates (New York)
New York
| – | -$68K | -10,374 | Closed |
|
58
Walleye Trading
New York
| – | -$60K | -9,100 | Closed |
|
|
GC
59
Globeflex Capital
San Diego,
California
| – | -$11K | -1,686 | Closed |
|
|
EDRH
60
Edmond de Rothschild Holding
Chambesy,
Switzerland
| – | -$9K | -1,436 | Closed |
|
61
Simplex Trading
Chicago,
Illinois
| – | -$941 | -156 | -57% |
|
62
Envestnet Asset Management
Chicago,
Illinois
| – | +$18 | +3 | New |
|
PZE Hedge Fund Activity: Q4 2016 in Review
43 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Petrobras Argentina S A (PZE) for Q4 2016, worth a combined $34.4M — down 65% from $97.1M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of PZE and 12 opened new positions — a net loss of 7 holders — while 16 trimmed existing stakes and 5 added.
The largest buyer was Acadian Asset Management, adding an estimated $2.95M. The largest seller was SPX Gestao de Recursos, exiting entirely with an estimated $42.9M sold.
- 43 institutional investors held Petrobras Argentina S A (PZE) as of Q4 2016, down from 50 in Q3 2016.
- Funds reported $34.4M of Petrobras Argentina S A stock for Q4 2016, down 65% quarter-over-quarter.
- 12 funds opened new Petrobras Argentina S A positions in Q4 2016 and 19 closed out, a net change of -7 holders.
- The largest Petrobras Argentina S A buyer in Q4 2016 was Acadian Asset Management, an estimated $2.95M added.
- The largest Petrobras Argentina S A seller in Q4 2016 was SPX Gestao de Recursos, an estimated $42.9M sold.
Based on aggregated 13F filings for Q4 2016.