Cliff Asness's PBR Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 103,864 shares of Petróleo Brasileiro S.A. - Petrobras (PBR) worth $1.31 M, representing 0.00% of the portfolio. First purchased in 2012-Q4, this long-term strategic position has been held for 52 quarters.
Based on 13F filings since 2013, Cliff Asness has maintained a long-term strategic position in PBR, representing a significant commitment to this investment thesis. Largest addition occurred in Q1 2015, adding 77,100 shares. Largest reduction occurred in Q4 2014, reducing 136,300 shares.
Analysis based on 13F filings available since 2013 Q2
Cliff Asness's Petróleo Brasileiro SA - Petrobras (PBR) Holding Value Over Time
Track share changes against reported price movement
Quarterly Petróleo Brasileiro SA - Petrobras (PBR) Trades by Cliff Asness
| Period | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2012 | +197,501 | Add 0.00% | 197,500 | $19.47 |
| Q2 2013 | +227,001 | Add 0.00% | 227,000 | $13.41 |
| Q3 2013 | +6,900 | Add 3.04% | 233,900 | $15.49 |
| Q4 2013 | -20,900 | Reduce 8.94% | 213,000 | $13.78 |
| Q1 2014 | +45,600 | Add 21.41% | 258,600 | $13.15 |
| Q2 2014 | +1,700 | Add 0.66% | 260,300 | $14.63 |
| Q3 2014 | +19,100 | Add 7.34% | 279,400 | $14.19 |
| Q4 2014 | -136,300 | Reduce 48.78% | 143,100 | $7.30 |
| Q1 2015 | +77,100 | Add 53.88% | 220,200 | $6.01 |
| Q2 2015 | +13,208 | Add 6.00% | 233,408 | $9.05 |
| Q3 2015 | -31,968 | Reduce 13.70% | 201,440 | $4.35 |
| Q4 2015 | -1,824 | Reduce 0.91% | 199,616 | $4.30 |
| Q1 2016 | -955 | Reduce 0.48% | 198,661 | $5.84 |
| Q2 2016 | -8,252 | Reduce 4.15% | 190,409 | $7.16 |
| Q3 2016 | +10,514 | Add 5.52% | 200,923 | $9.33 |
| Q4 2016 | -31,112 | Reduce 15.48% | 169,811 | $10.11 |
| Q1 2017 | +32,544 | Add 19.16% | 202,355 | $9.69 |
| Q2 2017 | -43,840 | Reduce 21.66% | 158,515 | $7.99 |
| Q3 2017 | +37,293 | Add 23.53% | 195,808 | $10.04 |
| Q4 2017 | +46,537 | Add 23.77% | 242,345 | $10.29 |
| Q1 2018 | +7,152 | Add 2.95% | 249,497 | $14.14 |
| Q2 2018 | +8,901 | Add 3.57% | 258,398 | $10.03 |
| Q3 2018 | +24,390 | Add 9.44% | 282,788 | $12.07 |
| Q4 2018 | -35,358 | Reduce 12.50% | 247,430 | $13.01 |
| Q1 2019 | +9,174 | Add 3.71% | 256,604 | $15.92 |
| Q2 2019 | -33,204 | Reduce 12.94% | 223,400 | $15.57 |
| Q3 2019 | -8,093 | Reduce 3.62% | 215,307 | $14.47 |
| Q4 2019 | +247 | Add 0.11% | 215,554 | $15.94 |
| Q1 2020 | -102,492 | Reduce 47.55% | 113,062 | $5.50 |
| Q2 2020 | -32,549 | Reduce 28.79% | 80,513 | $8.27 |
| Q3 2020 | +14,532 | Add 18.05% | 95,045 | $7.12 |
| Q4 2020 | -10,697 | Reduce 11.25% | 84,348 | $11.23 |
| Q1 2021 | -7,045 | Reduce 8.35% | 77,303 | $8.49 |
| Q2 2021 | +33,673 | Add 43.56% | 110,976 | $12.23 |
| Q3 2021 | +10,067 | Add 9.07% | 121,043 | $10.34 |
| Q4 2021 | -5,370 | Reduce 4.44% | 115,673 | $10.98 |
| Q1 2022 | +24,854 | Add 21.49% | 140,527 | $14.80 |
| Q2 2022 | -12,962 | Reduce 9.22% | 127,565 | $11.68 |
| Q3 2022 | +811 | Add 0.64% | 128,376 | $12.34 |
| Q4 2022 | +1,736 | Add 1.35% | 130,112 | $10.65 |
| Q1 2023 | -43,456 | Reduce 33.40% | 86,656 | $10.43 |
| Q2 2023 | +28,984 | Add 33.45% | 115,640 | $13.83 |
| Q3 2023 | +22,801 | Add 19.72% | 138,441 | $14.99 |
| Q4 2023 | -12,862 | Reduce 9.29% | 125,579 | $15.97 |
| Q1 2024 | +1,187 | Add 0.95% | 126,766 | $15.21 |
| Q2 2024 | -766 | Reduce 0.60% | 126,000 | $14.49 |
| Q3 2024 | +8,023 | Add 6.37% | 134,023 | $14.41 |
| Q4 2024 | -14,530 | Reduce 10.84% | 119,493 | $12.86 |
| Q1 2025 | -1,552 | Reduce 1.30% | 117,941 | $14.34 |
| Q2 2025 | -16,888 | Reduce 14.32% | 101,053 | $12.51 |
| Q3 2025 | +2,811 | Add 2.78% | 103,864 | $12.66 |
Cliff Asness's Petróleo Brasileiro SA - Petrobras Investment FAQs
Cliff Asness first purchased Petróleo Brasileiro S.A. - Petrobras (PBR) in Q4 2012, acquiring 197,500 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Cliff Asness has held Petróleo Brasileiro S.A. - Petrobras (PBR) for 52 quarters since Q4 2012. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Cliff Asness's largest addition to Petróleo Brasileiro S.A. - Petrobras (PBR) was in Q2 2013, adding 227,000 shares worth $3.04 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
According to the latest 13F filing for Q3 2025, Cliff Asness's firm, Aqr Capital Management LLC, owns 103,864 shares of Petróleo Brasileiro S.A. - Petrobras (PBR), valued at approximately $1.31 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
As of the Q3 2025 filing, Petróleo Brasileiro S.A. - Petrobras (PBR) represents approximately 0.00% of Cliff Asness's publicly disclosed stock portfolio, making it one of their key holdings. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Cliff Asness's peak holding in Petróleo Brasileiro S.A. - Petrobras (PBR) was 282,788 shares, as reported at the end of Q3 2018. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.