Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Petroleo Brasileiro S A (PBR)

545 + 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
↑ +68
Streak
2Q ▲
Buyers last Q
61%

Smart Money Signals — PBR

Based on 551 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, 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 (100% of max)

100% of all-time peak
551 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.
📶

Steady growth — +18% more funds vs a year ago

fund count last 6Q
+83 new funds entered over the past year (+18% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟢

More buyers than sellers — 61% buying

335 buying215 selling
Last quarter: 335 funds were net buyers (132 opened a brand new position + 203 added to an existing one). Only 215 were sellers (151 trimmed + 64 sold completely). A clear majority buying is a strong confirmation signal.
📈

More new buyers each quarter (+55 vs last Q)

new funds entering per quarter
Funds opening a new PBR position: 76 → 59 → 77 → 132. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

59% of holders stayed for 2+ years

■ 59% conviction (2yr+) ■ 17% medium ■ 24% new
327 out of 551 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.
💰

Value +113% but shares only +26% — price-driven

Value
+113%
Shares
+26%
Last quarter: the total dollar value of institutional holdings rose +113%, but actual share count only changed +26%. The gap is explained by the stock's price rising — not new buying. Strong value growth with weak share growth means the rally is price momentum, not fresh institutional demand.
🚀

Acceleration phase — new buyers rushing in

60 → 76 → 59 → 77 → 132 new funds/Q
New funds entering each quarter: 76 → 59 → 77 → 132. The pace of institutional discovery is accelerating sharply. This is the 'hot idea' phase — the thesis is being passed from fund to fund. You are not late — the accumulation wave is still building.
🏛️

Veteran-anchored — 66% veterans vs 25% newcomers

■ 66% veterans ■ 9% 1-2yr ■ 25% new
Entry-cohort mix of 599 holders: 393 (66%) are 2+ year veterans, 55 entered 1–2 years ago, and 151 (25%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 40% AUM from top-100 funds

40% from top-100 AUM funds
52 of 543 holders are among the 100 largest funds by AUM, controlling 40% of total institutional value in PBR. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.8
out of 10
Low Exit Risk
Exit risk score 3.8/10 — 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.

Institutional Sentiment Summary — PBR

In 2026 Q1, 335 hedge funds were net buyers of PBR (132 opened a new position, 203 added to an existing one), while 215 reduced or exited (151 trimmed, 64 sold completely) — a 61% buyer ratio, indicating clear institutional accumulation. Net buying has persisted for two consecutive quarters, a positive momentum signal. 40% of total institutional value in PBR is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +68 funds (more new holders than closures). Total institutional holders: 551.

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

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Petroleo Brasileiro S A (PBR) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much PBR has moved relative to its sector benchmark (XLE) since the 2026 Q2 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End June 30, 2026 · 45d ago
PBR
+10.7%
XLE
+15.0%

PBR outperformed XLE by -4.3% since June 30, 2026.

Since 13F Filing Date August 14, 2026 · 0d ago
PBR
+0.0%
XLE
+0.0%

Since the filing became public, PBR outperformed XLE by +0.0% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Growing Institutional Interest

Quality funds are building positions — conviction is rising but not yet widespread.

23 top-rated funds 16 high-conviction
Consensus
6.0
/ 10
breadth
×
Elite
6.3
/ 10
conviction
Hedge Fund Positioning: PBR
2026 Q2 Stats Unlock in 5 days 545 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 545 482 13.07%
13F Shares 803M 637M 26.17%
Total Value $15.87B $7.44B 113.31%
New Positions 126 77 +49
Increased Positions 199 176 +23
Closed Positions 63 65 -2
Reduced Positions 138 163 -25
Total Calls 26 17 52.94%
Total Puts 27 22 22.73%
PUT/CALL Ratio 1.04 1.29 Neutral

Statistics: PBR

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Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q2)

545 + investors

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

QUARTER:
2026 Q2 filings are still coming in. Only funds that have filed so far are shown — top holders may not have reported yet. Full 13F data typically settles by ~50 days after quarter-end.
Top 25 PBR holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 ARGA Investment Management, LP 7.14% 17,311,405 $279.8M
2 Hatch Cove Capital, LLC 5.93% 826,700 $13.4M
3 GQG Partners LLC 5.81% 193,198,230 $3.12B
4 Connective Portfolio Management, LLC 4.98% 185,200 $3.0M
5 Abbington Investment Group 4.84% 470,455 $7.6M
6 Gemsstock Ltd. 4.49% 937,800 $15.2M
7 Lumbard & Kellner, LLC 3.48% 710,098 $11.5M
8 TT International Asset Management LTD 2.51% 1,228,346 $19.6M
9 Carrhae Capital LLP 2.41% 5,411,909 $87.5M
10 Sagil Capital LLP 2.31% 400,000 $6.5M
11 Mondrian Investment Partners LTD 2.24% 8,977,218 $145.1M
12 Drum Hill Capital, LLC 2.18% 132,284 $2.1M
13 Sagil Capital LLP 2.02% 350,000 $5.7M
14 Farringdon Capital, Ltd. 1.74% 217,430 $3.5M
15 RWC Asset Management LLP 1.61% 2,630,124 $42.5M
16 Matthews International Capital Management LLC 1.58% 284,705 $4.6M
17 Accordant Advisory Group Inc 1.56% 142,819 $2.3M
18 Perpetual Ltd 1.37% 5,946,116 $96.1M
19 Ellsworth Advisors, LLC 1.12% 379,970 $6.8M
20 Cloverfields Capital Group, LP 1.07% 218,647 $3.5M
21 Opal Capital LLC 0.93% 320,874 $5.2M
22 Artemis Investment Management LLP 0.92% 6,372,606 $103.0M
23 Campbell & CO Investment Adviser LLC 0.90% 1,057,307 $17.1M
24 Poehling Capital Management, INC. 0.84% 240,964 $3.9M
25 Kiker Wealth Management, LLC 0.81% 128,379 $2.1M
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 — 2 quarters in a row: For 2 consecutive quarters, 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?

More buyers than sellers — 61% buying: Last quarter: 335 funds were net buyers (132 opened a brand new position + 203 added to an existing one). Only 215 were sellers (151 trimmed + 64 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for PBR holders?

Elite ownership — 40% AUM from top-100 funds: 52 of 543 holders are among the 100 largest funds by AUM, controlling 40% of total institutional value in PBR. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held PBR?

59% of holders stayed for 2+ years: 327 out of 551 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.

Is it too late to buy Petroleo Brasileiro S A (PBR) following the 2026 Q2 hedge fund 13F filings?

As of today, PBR has moved +0.0% since the 2026 Q2 13F filing date (August 14, 2026), compared to +0.0% for the XLE sector ETF — an outperformance of +0.0%. Since the quarter end (June 30, 2026), PBR has gained +10.7% vs +15.0% for XLE. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

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.

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