Renaissance Technologies's PBR Position Overview
Renaissance Technologies (via Renaissance Technologies LLC) currently holds 10.55 M shares of Petróleo Brasileiro S.A. - Petrobras (PBR) worth $133.53 M, representing 0.18% of the portfolio. First purchased in 2013-Q2, this long-term strategic position has been held for 50 quarters.
Based on 13F filings since 2013, Renaissance Technologies has maintained a long-term strategic position in PBR, representing a significant commitment to this investment thesis. Largest addition occurred in Q3 2022, adding 15.1 M shares. Largest reduction occurred in Q1 2021, reducing 28.74 M shares.
Analysis based on 13F filings available since 2013 Q2
Renaissance Technologies'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 Renaissance Technologies
| Period | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q2 2013 | +234,501 | Add 0.00% | 234,500 | $13.41 |
| Q3 2013 | -234,500 | Sold Out | 234,500 | $0.00 |
| Q1 2014 | +1.12 M | New Buy | 1.12 M | $13.15 |
| Q2 2014 | -1.12 M | Sold Out | 1.12 M | $0.00 |
| Q3 2014 | +575,100 | New Buy | 575,100 | $14.19 |
| Q4 2014 | +9.28 M | Add 1613.98% | 9.86 M | $7.30 |
| Q1 2015 | -9.86 M | Sold Out | 9.86 M | $0.00 |
| Q3 2015 | +1.3 M | New Buy | 1.3 M | $4.35 |
| Q4 2015 | -1.3 M | Sold Out | 1.3 M | $0.00 |
| Q2 2016 | +8.23 M | New Buy | 8.23 M | $7.16 |
| Q3 2016 | -7.82 M | Reduce 95.00% | 411,500 | $9.33 |
| Q4 2016 | +138,100 | Add 33.56% | 549,600 | $10.11 |
| Q1 2017 | +9.16 M | Add 1666.24% | 9.71 M | $9.69 |
| Q2 2017 | +9.05 M | Add 93.20% | 18.75 M | $7.99 |
| Q3 2017 | -5.12 M | Reduce 27.33% | 13.63 M | $10.04 |
| Q4 2017 | +5.02 M | Add 36.83% | 18.65 M | $10.29 |
| Q1 2018 | -1.16 M | Reduce 6.22% | 17.49 M | $14.14 |
| Q2 2018 | +5.4 M | Add 30.87% | 22.89 M | $10.03 |
| Q3 2018 | +5.6 M | Add 24.45% | 28.49 M | $12.07 |
| Q4 2018 | -2.2 M | Reduce 7.71% | 26.29 M | $13.01 |
| Q1 2019 | +8.43 M | Add 32.06% | 34.72 M | $15.92 |
| Q2 2019 | +5.53 M | Add 15.93% | 40.25 M | $15.57 |
| Q3 2019 | +3.17 M | Add 7.89% | 43.43 M | $14.47 |
| Q4 2019 | +13.27 M | Add 30.56% | 56.7 M | $15.94 |
| Q1 2020 | +9.47 M | Add 16.71% | 66.17 M | $5.50 |
| Q2 2020 | -8.86 M | Reduce 13.39% | 57.31 M | $8.27 |
| Q3 2020 | -15.79 M | Reduce 27.55% | 41.52 M | $7.12 |
| Q4 2020 | -4.23 M | Reduce 10.20% | 37.29 M | $11.23 |
| Q1 2021 | -28.74 M | Reduce 77.08% | 8.55 M | $8.48 |
| Q2 2021 | -2.25 M | Reduce 26.35% | 6.29 M | $12.23 |
| Q3 2021 | -6.29 M | Sold Out | 6.29 M | $0.00 |
| Q4 2021 | +9.03 M | New Buy | 9.03 M | $10.98 |
| Q1 2022 | +7.75 M | Add 85.77% | 16.78 M | $14.80 |
| Q2 2022 | -11.63 M | Reduce 69.28% | 5.16 M | $11.68 |
| Q3 2022 | +15.1 M | Add 292.88% | 20.25 M | $12.34 |
| Q4 2022 | -5.34 M | Reduce 26.38% | 14.91 M | $0.01 |
| Q1 2023 | -5.69 M | Reduce 38.15% | 9.22 M | $0.01 |
| Q2 2023 | -5.12 M | Reduce 55.51% | 4.1 M | $0.01 |
| Q3 2023 | -658,700 | Reduce 16.05% | 3.44 M | $14.99 |
| Q4 2023 | +990,035 | Add 28.74% | 4.43 M | $15.97 |
| Q1 2024 | -3.91 M | Reduce 88.06% | 529,500 | $15.21 |
| Q2 2024 | -508,000 | Reduce 95.94% | 21,500 | $14.49 |
| Q3 2024 | +1.25 M | Add 5813.49% | 1.27 M | $14.41 |
| Q4 2024 | +3.45 M | Add 271.21% | 4.72 M | $12.86 |
| Q1 2025 | +1.76 M | Add 37.23% | 6.48 M | $14.34 |
| Q2 2025 | +3.53 M | Add 54.44% | 10 M | $12.51 |
| Q3 2025 | +544,700 | Add 5.45% | 10.55 M | $12.66 |
Renaissance Technologies's Petróleo Brasileiro SA - Petrobras Investment FAQs
Renaissance Technologies first purchased Petróleo Brasileiro S.A. - Petrobras (PBR) in Q2 2013, acquiring 234,500 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Renaissance Technologies has held Petróleo Brasileiro S.A. - Petrobras (PBR) for 50 quarters since Q2 2013. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Renaissance Technologies's largest addition to Petróleo Brasileiro S.A. - Petrobras (PBR) was in Q3 2022, adding 20,253,100 shares worth $249.92 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
According to the latest 13F filing for Q3 2025, Renaissance Technologies's firm, Renaissance Technologies LLC, owns 10,547,500 shares of Petróleo Brasileiro S.A. - Petrobras (PBR), valued at approximately $133.53 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 0.18% of Renaissance Technologies'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.
Renaissance Technologies's peak holding in Petróleo Brasileiro S.A. - Petrobras (PBR) was 66,170,330 shares, as reported at the end of Q1 2020. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.