Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

PETROLEO BRASILEIRO S A (PBR)

490 + Investors. Track Smart Money conviction in PBR. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +11
Streak
1Q ▲
Buyers last Q
52%

Smart Money Signals — PBR

Based on 453 hedge funds · latest filing: 2025 Q4 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds added PBR than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (97% of max)

97% of all-time peak
453 hedge funds hold PBR right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
〰️

Stable — ownership unchanged year-over-year

fund count last 6Q
The number of hedge funds holding PBR is almost the same as a year ago (+0 funds, +0% change). No significant rush to buy or sell — institutional backing is holding steady.
🟡

Slight buying edge — 52% buying

248 buying225 selling
Last quarter: 248 funds bought or added vs 225 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
📈

More new buyers each quarter (+18 vs last Q)

new funds entering per quarter
Funds opening a new PBR position: 53 → 71 → 53 → 71. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

69% of holders stayed for 2+ years

■ 69% conviction (2yr+) ■ 16% medium ■ 15% new
311 out of 453 hedge funds have held PBR for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
➡️

Steady discovery — ~71 new funds/quarter

51 → 53 → 71 → 53 → 71 new funds/Q
New funds entering each quarter: 53 → 71 → 53 → 71. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Deep conviction — 71% of holders stayed 2+ years

■ 71% veterans ■ 10% 1-2yr ■ 18% new
Of 490 current holders: 350 (71%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
✅

Strong quality — 30% AUM from major funds

30% from top-100 AUM funds
37 of 453 holders rank in the top 100 by AUM, accounting for 30% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
3.2
out of 10
Low Exit Risk
Exit risk score 3.2/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Hedge Fund Ownership: PBR

How many hedge funds hold PBR — quarterly history vs. share price
Quarterly hedge fund ownership of PBR vs. share price

Market Analysis: PBR

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: PBR

-- --
Smart Money Signal ?
Broad Consensus, Selective Conviction

Many quality funds hold this stock, but top-tier positions remain relatively small.

53 top-rated funds 7 high-conviction
Consensus
7.5
/ 10
breadth
×
Elite
4.6
/ 10
conviction
Hedge Fund Positioning: PBR
2026 Q1 Stats Unlock in 20 days 490 + Investors

Track Smart Money conviction in PBR. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 490 484 1.24%
13F Shares 632M 687M -7.95%
Total Value $7.41B $8.68B -14.65%
New Positions 74 56 +18
Increased Positions 248 246 +2
Closed Positions 64 67 -3
Reduced Positions 201 201 -
Total Calls 17 21 -19.05%
Total Puts 22 22 -
PUT/CALL Ratio 1.29 1.05 Bearish

Statistics: PBR

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Valuation Measures Data as of: --

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PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
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Income Statement & Cash Flow
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Institutional Holders (2026 Q1)

490 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in PBR. Verified SEC 13F-HR filings.

Top 25 institutional holders of PBR — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 RWC ASSET ADVISORS (US) LLC 17.76% 3,975,482 $82.5M
2 Connective Portfolio Management, LLC 7.88% 140,200 $2.9M
3 HATCH COVE CAPITAL, LLC 7.72% 974,600 $20.2M
4 ABBINGTON INVESTMENT GROUP 6.51% 539,232 $11.2M
5 Franchise GP Ltd 6.50% 852,338 $17.7M
6 Lesa Sroufe & Co 4.07% 288,150 $6K
7 Mondrian Investment Partners LTD 3.45% 11,104,808 $230.4M
8 Nepsis Inc. 3.35% 481,439 $10.0M
9 Drum Hill Capital, LLC 2.52% 132,360 $2.7M
10 TT International Asset Management LTD 2.43% 1,070,534 $22.2M
11 RWC Asset Management LLP 2.27% 2,627,538 $54.5M
12 Verde Servicos Internacionais S.A. 2.26% 355,500 $7K
13 Ellsworth Advisors, LLC 1.76% 451,308 $9.4M
14 Element Squared LLC 1.41% 120,245 $2.5M
15 TrueMark Investments, LLC 1.34% 332,600 $6.9M
16 Poehling Capital Management, INC. 1.05% 240,944 $5.0M
17 Perpetual Ltd 1.05% 3,297,257 $68.4M
18 Artemis Investment Management LLP 1.02% 4,619,431 $95.9M
19 Annex Advisory Services, LLC 0.83% 2,132,353 $44.2M
20 Oxbow Advisors, LLC 0.79% 450,479 $9.3M
21 PING CAPITAL MANAGEMENT, INC. 0.50% 84,900 $1.8M
22 Moran Wealth Management, LLC 0.44% 699,465 $14.5M
23 North of South Capital LLP 0.42% 227,683 $4.7M
24 FIDEURAM - INTESA SANPAOLO PRIVATE BANKING S.P.A. 0.40% 552,365 $11.5M
25 Sanchez Gaunt Capital Management, LLC 0.36% 27,873 $578K
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — PETROLEO BRASILEIRO S A (PBR)

What does the Smart Money Trend signal show for PBR?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added PBR than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for PBR?

Slight buying edge — 52% buying: Last quarter: 248 funds bought or added vs 225 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for PBR holders?

Strong quality — 30% AUM from major funds: 37 of 453 holders rank in the top 100 by AUM, accounting for 30% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held PBR?

69% of holders stayed for 2+ years: 311 out of 453 hedge funds have held PBR for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.