Who Owns Petróleo Brasileiro S.A. - Petrobras (PBR)?Hedge Fund & Institutional Holders
Institutional Holders
50
as of Q4 2025
Total Institutional Value
$InfinityT
% of Float Held
—
QoQ Change in Holders
+8 / -5
Price History
PBR — Biggest New Institutional Buyers This Quarter
| Fund | Action | Shares Added | Value Added |
|---|---|---|---|
| BAILLIE GIFFORD & CO | New Position | +29.5M | +$349.9B |
| ARGA Investment Management, LP | New Position | +19.0M | +$224.9B |
| BANK OF AMERICA CORP /DE/ | Increased | +5.2M | +$159.9B |
| Itau Unibanco Holding S.A. | Increased | +11.8M | +$131.2B |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | New Position | +9.7M | +$114.5B |
| Invesco Ltd. | Increased | +10.0M | +$103.4B |
| Robeco Institutional Asset Management B.V. | New Position | +6.0M | +$71.3B |
| GOLDMAN SACHS GROUP INC | Increased | +6.3M | +$67.0B |
| JPMORGAN CHASE & CO | Increased | +3.7M | +$33.7B |
| NEW YORK STATE COMMON RETIREMENT FUND | New Position | +2.6M | +$30.0B |
| Cullen Capital Management, LLC | New Position | +2.3M | +$26.9B |
| Y-Intercept (Hong Kong) Ltd | New Position | +1.7M | +$19.0B |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Increased | +1.1M | +$10.3B |
| Mondrian Investment Partners LTD | Increased | +1.6M | +$9.5B |
| Sagil Capital LLP | New Position | +611K | +$7.2B |
PBR — Institutions Reducing or Closing Positions
| Fund | Action | Shares Sold | Value Sold |
|---|---|---|---|
| GQG Partners LLC | Decreased | -75.9M | -$2.7T |
| SCHRODER INVESTMENT MANAGEMENT GROUP | Decreased | -4.8M | -$80.8B |
| MACQUARIE GROUP LTD | Closed Position | -4.7M | -$59.2B |
| D. E. Shaw & Co., Inc. | Decreased | -4.5M | -$58.3B |
| ICICI Prudential Asset Management Co Ltd | Closed Position | -2.8M | -$35.1B |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | Decreased | -759K | -$30.3B |
| JANE STREET GROUP, LLC | Decreased | -578K | -$25.7B |
| Cubist Systematic Strategies, LLC | Closed Position | -1.9M | -$24.5B |
| RENAISSANCE TECHNOLOGIES LLC | Decreased | -992K | -$20.5B |
| Qube Research & Technologies Ltd | Decreased | -392K | -$16.5B |
| Fisher Asset Management, LLC | Decreased | -312K | -$16.0B |
| CI INVESTMENTS INC. | Decreased | -1.1M | -$14.9B |
| Trexquant Investment LP | Decreased | -348K | -$12.7B |
| MASTERS CAPITAL MANAGEMENT LLC | Closed Position | -1.0M | -$12.7B |
| Point72 Europe (London) LLP | Closed Position | -945K | -$12.0B |
Top Institutional Holders(Q4 2025)
| # | Fund | Shares | Value | % of Portfolio | Type |
|---|---|---|---|---|---|
| 1 | LAZARD ASSET MANAGEMENT LLC | 22,222,646 | $263.0B | 0.45% | Share |
| 2 | ARGA Investment Management, LP | 18,975,177 | $224.9B | 6.13% | Share |
| 3 | BAILLIE GIFFORD & CO | 18,228,157 | $216.0B | 0.18% | Share |
| 4 | Invesco Ltd. | 17,195,258 | $203.8B | 0.03% | Share |
| 5 | SCHRODER INVESTMENT MANAGEMENT GROUP | 15,678,969 | $185.0B | 0.14% | Share |
| 6 | Itau Unibanco Holding S.A. | 14,306,136 | $168.0B | 4.03% | Share |
| 7 | Fisher Asset Management, LLC | 13,982,981 | $165.0B | 0.06% | Share |
| 8 | Mondrian Investment Partners LTD | 12,655,094 | $150.0B | 2.47% | Share |
| 9 | UBS Group AG | 10,211,190 | $121.0B | 0.02% | Call |
| 10 | Invesco Ltd. | 9,848,792 | $116.7B | 0.02% | Share |
| 11 | RENAISSANCE TECHNOLOGIES LLC | 9,555,200 | $113.0B | 0.18% | Share |
| 12 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | 9,523,000 | $112.0B | 0.01% | Put |
| 13 | MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | 8,933,606 | $105.9B | 0.03% | Share |
| 14 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | 8,866,200 | $105.0B | 0.01% | Call |
| 15 | GOLDMAN SACHS GROUP INC | 7,972,149 | $94.0B | 0.01% | Share |
| 16 | SCHRODER INVESTMENT MANAGEMENT GROUP | 7,686,943 | $91.0B | 0.07% | Share |
| 17 | BANK OF AMERICA CORP /DE/ | 6,671,260 | $79.0B | 0.01% | Share |
| 18 | Robeco Institutional Asset Management B.V. | 6,013,197 | $71.3B | 0.10% | Share |
| 19 | BAILLIE GIFFORD & CO | 5,690,370 | $67.4B | 0.06% | Share |
| 20 | Itau Unibanco Holding S.A. | 5,522,023 | $65.0B | 1.56% | Share |
| 21 | EARNEST PARTNERS LLC | 5,335,330 | $63.2B | 0.27% | Share |
| 22 | Point72 Asset Management, L.P. | 4,895,056 | $58.0B | 0.06% | Share |
| 23 | JPMORGAN CHASE & CO | 4,736,751 | $56.0B | 0.00% | Share |
| 24 | JPMORGAN CHASE & CO | 4,169,174 | $49.0B | 0.00% | Share |
| 25 | GOLDMAN SACHS GROUP INC | 4,123,791 | $48.0B | 0.01% | Share |
| 26 | UBS Group AG | 3,530,900 | $41.8B | 0.01% | Put |
| 27 | UBS Group AG | 3,469,789 | $41.1B | 0.01% | Share |
| 28 | AMERICAN CENTURY COMPANIES INC | 3,423,333 | $40.0B | 0.02% | Share |
| 29 | BAILLIE GIFFORD & CO | 3,338,980 | $39.6B | 0.03% | Share |
| 30 | FMR LLC | 3,319,705 | $39.0B | 0.00% | Share |
| 31 | SEI INVESTMENTS CO | 3,003,309 | $35.0B | 0.03% | Share |
| 32 | DIMENSIONAL FUND ADVISORS LP | 2,868,962 | $33.0B | 0.01% | Share |
| 33 | TODD ASSET MANAGEMENT LLC | 2,629,709 | $31.0B | 0.60% | Share |
| 34 | NEW YORK STATE COMMON RETIREMENT FUND | 2,579,822 | $30.0B | 0.04% | Share |
| 35 | Cullen Capital Management, LLC | 2,271,269 | $26.9B | 0.29% | Share |
| 36 | BAILLIE GIFFORD & CO | 2,266,015 | $26.9B | 0.02% | Share |
| 37 | Optiver Holding B.V. | 2,223,170 | $26.3B | 0.01% | Share |
| 38 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | 2,253,128 | $26.0B | 0.00% | Share |
| 39 | Artemis Investment Management LLP | 2,009,324 | $23.8B | 0.29% | Share |
| 40 | CITIGROUP INC | 1,995,000 | $23.0B | 0.01% | Put |
| 41 | BANK OF AMERICA CORP /DE/ | 1,991,795 | $23.0B | 0.00% | Share |
| 42 | GOLDMAN SACHS GROUP INC | 1,925,000 | $22.0B | 0.00% | Put |
| 43 | BANK OF AMERICA CORP /DE/ | 1,936,450 | $22.0B | 0.00% | Share |
| 44 | BANK OF AMERICA CORP /DE/ | 1,799,864 | $21.0B | 0.00% | Share |
| 45 | GOLDMAN SACHS GROUP INC | 1,700,000 | $20.0B | 0.00% | Call |
| 46 | CITADEL ADVISORS LLC | 1,702,100 | $20.0B | 0.00% | Put |
| 47 | PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO | 1,645,932 | $19.0B | 0.06% | Share |
| 48 | Y-Intercept (Hong Kong) Ltd | 1,654,678 | $19.0B | 0.43% | Share |
| 49 | GROUP ONE TRADING LLC | 1,535,545 | $18.2B | 0.03% | Share |
| 50 | JPMORGAN CHASE & CO | 1,454,245 | $17.0B | 0.00% | Share |
PBR Institutional Ownership History
| Quarter | Holders | Total Value | Change |
|---|---|---|---|
| Q4 2025 | 477 | $3.7T | +147 |
| Q3 2025 | 330 | $5.9T | -75 |
| Q2 2025 | 405 | $3.3T | -60 |
| Q1 2025 | 465 | $9.9T | +40 |
| Q4 2024 | 425 | $54.6T | +59 |
| Q3 2024 | 366 | $255.2T | +2 |
| Q2 2024 | 364 | $115.2T | +8 |
| Q1 2024 | 356 | $278.3T | — |
Similar Stocks by Institutional Ownership
As of Q4 2025, 50 institutional investors hold PBR (Petróleo Brasileiro S.A. - Petrobras). The largest holder is LAZARD ASSET MANAGEMENT LLC with $263.0B in shares. This quarter, 8 institutions opened new positions and 5 closed their positions.
Frequently Asked Questions
How many hedge funds own PBR?
As of Q4 2025, 50 institutional investors report holding PBR (Petróleo Brasileiro S.A. - Petrobras) in their 13F filings.
Who is the largest institutional holder of PBR?
The largest institutional holder of PBR is LAZARD ASSET MANAGEMENT LLC with $263.0B in shares.
Is institutional ownership of PBR increasing or decreasing?
This quarter, 8 institutions opened new positions in PBR and 5 closed their positions.