Petroleo Brasileiro S.A.

PBR.A • NYSE

Petroleo Brasileiro S.A. is a publicly traded company on NYSE. As of Q3 2025, 160 institutional investors hold shares in this company, with total holdings valued at $1.8B. Robeco Institutional Asset Management B.V. is the largest holder with a position valued at $284.9M.

Employees40.2K

Websitepetrobras.com.br

Overview

Overview of institutional ownership in PBR.A as of Q3 2025

All Institutions

Institutions: 160
Value Held: $1.8B
Shares Held: 155.8M
Avg Position: $11.5M
Median Position: $550.8K

Hedge Funds

Hedge Funds: 12
Value Held: $79.2M
Shares Held: 6.7M
Avg Position: $6.6M
Median Position: $1.3M

Biggest Investors

Institutions with the largest positions in PBR.A as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
R Robeco Institutional Asset Management B.V. Institution	-	$284.9M 0.41% of portfolio	0.00% 24.1M shares	Q4 2022 Held for 2y 11m	$69.0B
JPMORGAN CHASE & CO Institution	Jamie Dimon CEO	$263.5M 0.02% of portfolio	0.00% 22.3M shares	Q1 2023 Held for 2y 8m	$1.56T
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ Long Only Manager	Edward Murray Maloney CEO	$172.0M 0.05% of portfolio	0.00% 14.5M shares	Q4 2022 Held for 2y 11m	$322.72B
B BlackRock, Inc. Institution	-	$154.8M 0.00% of portfolio	0.00% 13.1M shares	Q4 2022 Held for 2y 11m	$5.67T
DIMENSIONAL FUND ADVISORS LP Long Only Manager	David Paul Butler CEO	$78.9M 0.02% of portfolio	0.00% 6.7M shares	Q1 2023 Held for 2y 8m	$466.32B
A Amundi Institution	-	$76.0M 0.02% of portfolio	0.00% 6.6M shares	Q4 2022 Held for 2y 11m	$311.18B
I Itau Unibanco Holding S.A. Institution	-	$75.6M 2.58% of portfolio	0.00% 6.4M shares	Q2 2025 Held for 5 months	$2.9B
FMR LLC Institution	-	$75.3M 0.00% of portfolio	0.00% 6.4M shares	Q4 2022 Held for 2y 11m	$1.92T
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$67.1M 0.00% of portfolio	0.00% 5.6M shares	Q4 2022 Held for 2y 11m	$2.88T
B BRANDES INVESTMENT PARTNERS, LP Long Only Manager	Oliver Michael Murray CEO	$62.2M 0.50% of portfolio	0.00% 5.3M shares	Q4 2022 Held for 2y 11m	$12.5B

Net Capital Flow

Institutional buying and selling activity for PBR.A in Q3 2025

Traded: −$25.5M
Buyers: 94
Sellers: 73
Total Bought: +$162.2M
Total Sold: −$187.8M
Avg Position: $9.5M

Biggest Buyers

Institution	Net Bought	Current Position
R Robeco Institutional Asset Management B.V. Institution	+$20.6M +1.7M shares	$284.9M 24.1M shares
Invesco Ltd. ETF Provider	+$16.5M +1.4M shares	$30.1M 2.5M shares
BARCLAYS PLC Institution	+$13.6M +33.6K shares	$13.6M 1.2M shares
B BlackRock, Inc. Institution	+$11.3M +956.8K shares	$154.8M 13.1M shares
D D. E. Shaw & Co., Inc. Institution	+$10.5M +891.2K shares	$10.5M 891.2K shares
DIMENSIONAL FUND ADVISORS LP Long Only Manager	+$9.7M +821.7K shares	$78.9M 6.7M shares
B BRANDES INVESTMENT PARTNERS, LP Long Only Manager	+$8.8M +748.1K shares	$62.2M 5.3M shares
Point72 Asset Management, L.P. Hedge Fund•Multi-Strategy	+$7.6M +639.8K shares	$7.6M 639.8K shares
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant	+$7.0M +591.0K shares	$60.0M 5.1M shares
BANK OF AMERICA CORP /DE/ Institution	+$5.8M +493.1K shares	$7.8M 659.5K shares

Biggest Sellers

Institution	Net Sold	Current Position
GOLDMAN SACHS GROUP INC Institution	−$65.2M −5.5M shares	$9.2M 774.4K shares
B BAILLIE GIFFORD & CO Institution	−$32.6M −2.8M shares	$44.6M 3.8M shares
O Optiver Holding B.V. Institution	−$20.3M −1.8M shares	Sold Off 0 shares
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	−$13.8M −1.2M shares	$3.2M 273.6K shares
JPMORGAN CHASE & CO Institution	−$8.1M −681.2K shares	$263.5M 22.3M shares
VANGUARD GROUP INC Institution	−$6.9M −580.9K shares	$30.9M 2.6M shares
Marshall Wace LLP Institution	−$6.0M −511.0K shares	$4.5M 379.4K shares
Oldfield Partners LLP Long Only Manager	−$3.5M −296.9K shares	$2.4M 205.2K shares
BABSON CAPITAL MANAGEMENT LLC Insurance Manager	−$3.0M −251.5K shares	$5.1M 428.6K shares
Y Y-Intercept Ltd Institution	−$2.8M −236.2K shares	$8.3M 698.1K shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited PBR.A in Q3 2025

New Positions: 13
New Value: $15.5M
Exited Positions: 33
Exited Value: $35.2M

New Positions

Institution	Position Value
BARCLAYS PLC Institution	$13.6M 1.2M shares
NBC SECURITIES, INC. RIA/Wealth	$1.1M 96.5K shares
P PharVision Advisers, LLC Hedge Fund•Long/Short	$235.9K 20.0K shares
IEQ CAPITAL, LLC RIA/Wealth	$167.2K 14.1K shares
Ballentine Partners, LLC Family Office	$122.8K 10.4K shares
Cornerstone Planning Group LLC RIA/Wealth	$114.5K 4.7K shares
FIRST HORIZON NATIONAL CORP RIA/Wealth	$17.5K 1.5K shares
Parallel Advisors, LLC RIA/Wealth	$11.8K 995.0 shares
B BLAIR WILLIAM & CO/IL Institution	$9.1K 768.0 shares
N N.E.W. Advisory Services LLC RIA/Wealth	$1.8K 150.0 shares

Exited Positions

Institution	Previous Position
O Optiver Holding B.V. Institution	$20.3M 1.8M shares
X XTX Topco Ltd Institution	$2.8M 240.4K shares
F Farringdon Capital, Ltd. Institution	$1.9M 168.6K shares
Schonfeld Strategic Advisors LLC Hedge Fund•Multi-Strategy	$1.7M 150.3K shares
J JANE STREET GROUP, LLC Institution	$1.6M 137.4K shares
Constellation Investimentos e Participacoes Ltda Hedge Fund•Multi-Strategy	$1.2M 108.1K shares
Trexquant Investment LP Hedge Fund•Quant	$1.1M 94.4K shares
S Squarepoint Ops LLC Hedge Fund•Quant	$640.1K 55.5K shares
BALYASNY ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy	$567.5K 49.2K shares
A ABC ARBITRAGE SA Institution	$553.0K 47.9K shares

Options Activity

Institutions with the largest Call and Put options positions in PBR.A as of Q3 2025

Call Positions: 2
Call Value: $35.4M
Put Positions: 2
Put Value: $2.3M

Call Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$34.8M 29.4K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$607.5K 514.0 contracts

Put Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$2.1M 1.8K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$225.8K 191.0 contracts

Most Committed Institutions

Institutions with PBR.A as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
I Itau Unibanco Holding S.A. Institution	-	2.58% $75.6M	0.00% 6.4M shares	Q2 2025 Held for 5 months	$2.9B
L LRT Capital Management, LLC Institution	-	2.02% $3.0M	0.00% 257.6K shares	Q1 2024 Held for 1y 8m	$150.9M
Cape Ann Asset Management Ltd Long Only Manager	Jonathan Bell Chairman	1.81% $5.4M	0.00% 454.6K shares	Q4 2022 Held for 2y 11m	$296.8M
S SPX Equities Gestao de Recursos Ltda Institution	-	1.73% $20.6M	0.00% 1.7M shares	Q1 2013 Held for 12y 8m	$1.2B
COMMONS CAPITAL, LLC RIA/Wealth	Jonathan David Straus Founder	0.95% $1.4M	0.00% 120.0K shares	Q4 2024 Held for 11 months	$148.8M
V VPR Management LLC Institution	-	0.84% $1.8M	0.00% 154.3K shares	Q2 2023 Held for 2y 5m	$218.0M
Oldfield Partners LLP Long Only Manager	Nigel Owen Waller CEO	0.76% $2.4M	0.00% 205.2K shares	Q1 2023 Held for 2y 8m	$320.3M
B BRANDES INVESTMENT PARTNERS, LP Long Only Manager	Oliver Michael Murray CEO	0.50% $62.2M	0.00% 5.3M shares	Q4 2022 Held for 2y 11m	$12.5B
R Robeco Institutional Asset Management B.V. Institution	-	0.41% $284.9M	0.00% 24.1M shares	Q4 2022 Held for 2y 11m	$69.0B
HighVista Strategies LLC Fund of Funds	Richard P Vishton CFO	0.40% $1.6M	0.00% 138.2K shares	Q1 2025 Held for 8 months	$413.3M

Hedge Fund Spotlight

Discover hedge funds investing in PBR.A

VOLORIDGE INVESTMENT MANAGEMENT, LLC

Hedge Fund • Multi-Strategy

Portfolio ManagerDavid Spiel Vogel

Portfolio Value: $29.8B
Positions: 1,153
Last Reported: Q3 2025

Sector Allocation

Position in Petroleo Brasileiro S.A.

Market Value: $1.4M
Shares Held: 121.8K
Portfolio Weight: 0.00%
Owned Since: 2024-Q3

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