Will Petroleo Brasileiro Petrobras SA (ADR) (PBR) Burn You?

Page 1 of 2

Will Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) burn you?

In the 21st century investor’s toolkit, there are many indicators shareholders can use to track Mr. Market. A duo of the most under-the-radar are hedge fund and insider trading movement. At Insider Monkey, our studies have shown that, historically, those who follow the top picks of the elite investment managers can beat the S&P 500 by a healthy amount (see just how much).

Just as useful, bullish insider trading sentiment is another way to analyze the investments you’re interested in. Just as you’d expect, there are a number of motivations for an executive to sell shares of his or her company, but just one, very obvious reason why they would buy. Many academic studies have demonstrated the market-beating potential of this strategy if “monkeys” understand where to look (learn more here).

Keeping this in mind, it’s important to discuss the latest info for Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR).

Hedge fund activity in Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR)

At Q2′s end, a total of 21 of the hedge funds we track held long positions in this stock, a change of -9% from the previous quarter. With hedge funds’ capital changing hands, there exists an “upper tier” of noteworthy hedge fund managers who were increasing their holdings significantly.

Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR)According to our 13F database, SAC Capital Advisors, managed by Steven Cohen, holds the biggest position in Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR). SAC Capital Advisors has a $56.4 million position in the stock, comprising 0.3% of its 13F portfolio. The second largest stake is held by Jason Adler of AlphaBet Management, with a $34.9 million position; 1.7% of its 13F portfolio is allocated to the company. Some other hedgies that are bullish include D. E. Shaw’s D E Shaw, Cliff Asness’s AQR Capital Management and Steven Cohen’s SAC Capital Advisors.

Judging by the fact that Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) has witnessed bearish sentiment from upper-tier hedge fund managers, it’s safe to say that there exists a select few money managers that decided to sell off their full holdings heading into Q2. Interestingly, Daniel S. Och’s OZ Management dumped the largest investment of the “upper crust” of funds we track, valued at an estimated $25.7 million in stock. Brian Taylor’s fund, Pine River Capital Management, also cut its stock, about $8.1 million worth. These bearish behaviors are intriguing to say the least, as aggregate hedge fund interest fell by 2 funds heading into Q2.

What do corporate executives and insiders think about Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR)?

Insider buying made by high-level executives is particularly usable when the primary stock in question has seen transactions within the past 180 days. Over the last half-year time frame, Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) has seen zero unique insiders purchasing, and zero insider sales (see the details of insider trades here).

We’ll also review the relationship between both of these indicators in other stocks similar to Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR). These stocks are ENSCO PLC (NYSE:ESV), Transocean LTD (NYSE:RIG), Seadrill Ltd (NYSE:SDRL), , and Cenovus Energy Inc (USA) (NYSE:CVE). This group of stocks belong to the oil & gas drilling & exploration industry and their market caps match PBR’s market cap.

Page 1 of 2
Comments
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months. Our beta is only 1.2 (don't click this link if beating the market isn't important to you).

Lists

The 10 Largest Pharmaceutical Companies In the World

The 10 Most Expensive Android Apps

The 9 Most Expensive Designer Bags in the World

The 7 Most Expensive Real Estate in the World

The 10 Most Expensive eBay Items Ever Sold

The 10 Most Expensive iPhone Apps

The 9 Most Expensive Designer Shoes in the World

The 10 Most Expensive Cigarette Brands

The 10 Most Expensive Law Schools in the US

The 10 Best Wall Street Movies

The 10 Most Expensive Golf Clubs Ever Sold

The 10 Most Expensive Golf Memberships

The 10 Best Disney Characters Ever Created

The 8 Best Foods for Gaining Weight

The 10 Most Expensive Colleges in the World

The 7 Most Memorable Ad Campaigns of All Time

The 7 Most Expensive High Schools in the World

The 10 Electric Vehicles with the Longest Range

The 10 Cities with the Worst Drivers in the World

The 10 Most Expensive Dresses Ever Created

10 Islands to Visit Before You Die

10 Famous Celebrities Who Needed Rehab

The 15 Countries with the Largest Oil Reserves

The 10 Most Overused Excuses in the World

The 5 Best iOS Apps You Can’t Get on Android

5 Companies Damaged By Social Media Blunders

The 10 Most Legendary Blues Songs

The 10 Most Lawless Places in the World

4 Reasons China is a Threat to the US

The 17 Most Sugary Drinks in the World

The 10 Most Ruthless Rulers in History

The 10 Greatest Generals in History

Top 8 Travel Destinations for 2015

The 10 Safest Dog Breeds for Children

The 10 Most Stolen Vehicles in the US

The 7 Most Expensive Celebrity Weddings

The 10 Best LoL Teams in the World

Top 10 Worst Marketing Campaigns Ever Produced

Top 5 Diets that Help You Lose Weight

The 10 Best Ways to Stay Awake

7 Artists That Switched Musical Genres

The 10 Most Expensive Cities to Live in New Jersey

The 10 Best High Schools in New York

The 10 Countries With the Least Gender Inequality

The 6 Biggest Musician-Manager Feuds

The 10 Countries with the Cheapest Gas Prices

The 7 Most Theatrical Bands of All Time

The 8 Worst Band Breakups of All Time

The 10 Most Important South American Leaders

The 7 Most Successful Casting Show Winners

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!