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Petrobras’s Institutional Holdings, Pre-2Q16 Results

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Petrobras’s institutional holdings

Petrobras’s (PBR) institutional holdings currently stand at ~12%. This has fallen from 17% in April 2016. This figure indicates the level of confidence sophisticated market participants have in the stock. Usually, everything else being equal, rising institutional holdings indicate a favorable opinion of a stock.

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Peers’ institutional holdings

YPF’s (YPF) total institutional holdings have also fallen since April 2016. However, PetroChina (PTR), Statoil (STO), and Cenovus Energy (CVE) have witnessed a rise in the institutional holdings in the same period. The iShares Core High Dividend ETF (HDV) has a ~20% exposure to energy sector stocks.

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