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.
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.