Who owns PBR
Which tracked institutional funds hold PBR, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See PBR company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-09-22). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
145 tracked funds added or opened PBR while 202 trimmed or exited it between 2026-Q1 and 2026-Q2 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
PBR’s largest tracked holder by dollar value, GQG Partners LLC, sizes it at 5.8% of its own reported 13F book, while the median holder sizes it at 0.1% of theirs — a 5.7pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in PBR divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2026-Q1 and 2026-Q2, across 580 tracked filers holding PBR, 363 increased or opened the position and 259 reduced or closed it; over the same quarter, open-market insider Form 4s were net purchases.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in PBR between the 2026-Q1 and 2026-Q2 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 57
- STATE OF WISCONSIN INVESTMENT BOARD$134M
- Carrhae Capital LLP$87M
- Qube Research & Technologies Ltd$85M
- BRANDES INVESTMENT PARTNERS, LP$47M
- CAUSEWAY CAPITAL MANAGEMENT LLC$45M
- Absolute Gestao de Investimentos Ltda.$38M
Full exits 61
- ACADIAN ASSET MANAGEMENT LLC$155M
- OAKTREE CAPITAL MANAGEMENT LP$126M
- RWC ASSET ADVISORS (US) LLC$82M
- D. E. Shaw & Co., Inc.$34M
- TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY$34M
- NATIXIS ADVISORS, LLC$30M
Largest adds
- Robeco Institutional Asset Management B.V.$513M
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP$411M
- JPMORGAN CHASE & CO$365M
- JANE STREET GROUP, LLC$229M
- Capital World Investors$183M
- UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC$125M
Largest trims
- GQG Partners LLC$477M
- Capital International Investors$303M
- SCHRODER INVESTMENT MANAGEMENT GROUP$199M
- MORGAN STANLEY$196M
- Invesco Ltd.$159M
- BAILLIE GIFFORD & CO$153M
Institutional holders
One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| GQG Partners LLC added | 193,198,230 | $3.1B | 23.7% | 2026-Q2 |
| BAILLIE GIFFORD & CO added | 48,618,354 | $786M | 6.0% | 2026-Q2 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added | 40,190,550 | $649M | 4.9% | 2026-Q2 |
| Capital International Investors trimmed | 38,068,192 | $615M | 4.7% | 2026-Q2 |
| Robeco Institutional Asset Management B.V. added | 37,562,606 | $550M | 4.2% | 2026-Q2 |
| Capital World Investors added | 29,419,512 | $475M | 3.6% | 2026-Q2 |
| JPMORGAN CHASE & CO added | 29,048,121 | $428M | 3.3% | 2026-Q2 |
| Invesco Ltd. trimmed | 27,481,902 | $444M | 3.4% | 2026-Q2 |
| LAZARD ASSET MANAGEMENT LLC added | 25,614,686 | $414M | 3.1% | 2026-Q2 |
| BlackRock, Inc. added | 22,687,924 | $332M | 2.5% | 2026-Q2 |
| ARGA Investment Management, LP trimmed | 17,311,405 | $280M | 2.1% | 2026-Q2 |
| PRICE T ROWE ASSOCIATES INC /MD/ added | 16,370,145 | $265M | 2.0% | 2026-Q2 |
| Itau Unibanco Holding S.A. trimmed | 13,306,603 | $215M | 1.6% | 2026-Q2 |
| MORGAN STANLEY trimmed | 12,661,024 | $205M | 1.6% | 2026-Q2 |
| RENAISSANCE TECHNOLOGIES LLC added | 10,886,700 | $159M | 1.2% | 2026-Q2 |
| SCHRODER INVESTMENT MANAGEMENT GROUP trimmed | 10,798,191 | $174M | 1.3% | 2026-Q2 |
| STATE OF WISCONSIN INVESTMENT BOARD new | 9,125,782 | $134M | 1.0% | 2026-Q2 |
| Mondrian Investment Partners LTD trimmed | 8,977,218 | $145M | 1.1% | 2026-Q2 |
| JANE STREET GROUP, LLC added | 8,839,100 | $143M | 1.1% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ trimmed | 8,600,335 | $139M | 1.1% | 2026-Q2 |
| Fisher Asset Management, LLC trimmed | 8,394,263 | $136M | 1.0% | 2026-Q2 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC added | 7,743,207 | $125M | 1.0% | 2026-Q2 |
| UBS Group AG trimmed | 7,733,586 | $125M | 0.9% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC trimmed | 7,623,854 | $123M | 0.9% | 2026-Q2 |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ added | 7,515,645 | $113M | 0.9% | 2026-Q2 |
| FMR LLC trimmed | 7,417,593 | $120M | 0.9% | 2026-Q2 |
| DIMENSIONAL FUND ADVISORS LP added | 6,888,203 | $101M | 0.8% | 2026-Q2 |
| Bridgewater Associates, LP added | 6,524,553 | $105M | 0.8% | 2026-Q2 |
| Artemis Investment Management LLP added | 6,372,606 | $103M | 0.8% | 2026-Q2 |
| Perpetual Ltd added | 5,946,116 | $96M | 0.7% | 2026-Q2 |
| AMERICAN CENTURY COMPANIES INC added | 5,796,477 | $85M | 0.6% | 2026-Q2 |
| STATE STREET CORP trimmed | 5,445,650 | $90M | 0.7% | 2026-Q2 |
| Carrhae Capital LLP added | 5,411,909 | $87M | 0.7% | 2026-Q2 |
| EARNEST PARTNERS LLC trimmed | 5,226,166 | $84M | 0.6% | 2026-Q2 |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. added | 5,185,509 | $76M | 0.6% | 2026-Q2 |
| SEI INVESTMENTS CO added | 5,099,224 | $82M | 0.6% | 2026-Q2 |
| Russell Investments Group, Ltd. trimmed | 4,983,446 | $81M | 0.6% | 2026-Q2 |
| ALLIANCEBERNSTEIN L.P. added | 4,677,641 | $97M | 0.7% | 2026-Q2 |
| Schonfeld Strategic Advisors LLC added | 4,347,160 | $70M | 0.5% | 2026-Q2 |
| DEUTSCHE BANK AG\ trimmed | 4,304,073 | $70M | 0.5% | 2026-Q2 |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC added | 4,200,803 | $68M | 0.5% | 2026-Q2 |
| MARSHALL WACE, LLP added | 3,687,729 | $60M | 0.5% | 2026-Q2 |
| Capital International, Inc./CA/ trimmed | 3,231,970 | $52M | 0.4% | 2026-Q2 |
| BRANDES INVESTMENT PARTNERS, LP new | 3,204,870 | $47M | 0.4% | 2026-Q2 |
| CAUSEWAY CAPITAL MANAGEMENT LLC new | 3,096,624 | $45M | 0.3% | 2026-Q2 |
| DNB Asset Management AS trimmed | 2,999,856 | $48M | 0.4% | 2026-Q2 |
| Point72 Asset Management, L.P. added | 2,997,086 | $48M | 0.4% | 2026-Q2 |
| Cullen Capital Management, LLC added | 2,922,208 | $47M | 0.4% | 2026-Q2 |
| Qube Research & Technologies Ltd added | 2,876,606 | $46M | 0.4% | 2026-Q2 |
| NEW YORK STATE COMMON RETIREMENT FUND added | 2,798,787 | $45M | 0.3% | 2026-Q2 |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO added | 2,652,118 | $43M | 0.3% | 2026-Q2 |
| RWC Asset Management LLP added | 2,630,124 | $43M | 0.3% | 2026-Q2 |
| Absolute Gestao de Investimentos Ltda. added | 2,580,300 | $38M | 0.3% | 2026-Q2 |
| TODD ASSET MANAGEMENT LLC trimmed | 2,557,636 | $41M | 0.3% | 2026-Q2 |
| ASSETMARK, INC added | 2,523,921 | $41M | 0.3% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC trimmed | 2,492,064 | $40M | 0.3% | 2026-Q2 |
| Grantham, Mayo, Van Otterloo & Co. LLC added | 2,410,532 | $35M | 0.3% | 2026-Q2 |
| VANGUARD CAPITAL MANAGEMENT LLC added | 2,235,951 | $33M | 0.2% | 2026-Q2 |
| Annex Advisory Services, LLC added | 2,182,965 | $35M | 0.3% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 2,006,975 | $32M | 0.2% | 2026-Q2 |
| State of New Jersey Common Pension Fund D added | 1,884,509 | $28M | 0.2% | 2026-Q2 |
| NORTHERN TRUST CORP trimmed | 1,837,803 | $30M | 0.2% | 2026-Q2 |
| BARCLAYS PLC added | 1,690,037 | $25M | 0.2% | 2026-Q2 |
| FEARNLEY ASSET MANAGEMENT AS trimmed | 1,678,000 | $27M | 0.2% | 2026-Q2 |
| Man Group plc added | 1,498,002 | $22M | 0.2% | 2026-Q2 |
| HSBC HOLDINGS PLC added | 1,471,569 | $22M | 0.2% | 2026-Q2 |
| BNP PARIBAS FINANCIAL MARKETS added | 1,456,506 | $24M | 0.2% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN trimmed | 1,456,100 | $24M | 0.2% | 2026-Q2 |
| Allspring Global Investments Holdings, LLC added | 1,452,515 | $23M | 0.2% | 2026-Q2 |
| JONES FINANCIAL COMPANIES LLLP added | 1,402,697 | $23M | 0.2% | 2026-Q2 |
| MILLENNIUM MANAGEMENT LLC added | 1,358,980 | $20M | 0.2% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC added | 1,234,241 | $20M | 0.2% | 2026-Q2 |
| TT International Asset Management LTD added | 1,228,346 | $20M | 0.1% | 2026-Q2 |
| Navi International - Administradora e Gestora de Recursos Financeiros Ltda. added | 1,164,207 | $17M | 0.1% | 2026-Q2 |
| CITIGROUP INC added | 1,102,534 | $18M | 0.1% | 2026-Q2 |
| Campbell & CO Investment Adviser LLC added | 1,057,307 | $17M | 0.1% | 2026-Q2 |
| Breakout Capital Partners, LP trimmed | 999,389 | $16M | 0.1% | 2026-Q2 |
| SPX Gestao de Recursos Ltda trimmed | 992,898 | $15M | 0.1% | 2026-Q2 |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC trimmed | 958,147 | $15M | 0.1% | 2026-Q2 |
| Gemsstock Ltd. new | 937,800 | $15M | 0.1% | 2026-Q2 |
| USS Investment Management Ltd | 894,094 | $14M | 0.1% | 2026-Q2 |
| HENNESSY ADVISORS INC added | 855,400 | $14M | 0.1% | 2026-Q2 |
| HATCH COVE CAPITAL, LLC trimmed | 826,700 | $13M | 0.1% | 2026-Q2 |
| FRANKLIN RESOURCES INC trimmed | 765,756 | $11M | 0.1% | 2026-Q2 |
| Lumbard & Kellner, LLC added | 710,098 | $11M | 0.1% | 2026-Q2 |
| DJE Kapital AG trimmed | 697,963 | $11M | 0.1% | 2026-Q2 |
| Y-Intercept (Hong Kong) Ltd added | 685,957 | $11M | 0.1% | 2026-Q2 |
| LPL Financial LLC added | 681,014 | $11M | 0.1% | 2026-Q2 |
| Moran Wealth Management, LLC trimmed | 663,955 | $11M | 0.1% | 2026-Q2 |
| Lifetime Wealth Management P.C. new | 652,933 | $10M | 0.1% | 2026-Q2 |
| Sagefield Capital LP added | 644,411 | $10M | 0.1% | 2026-Q2 |
| BTG Pactual Asset Management US LLC added | 617,747 | $10M | 0.1% | 2026-Q2 |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS added | 617,094 | $10M | 0.1% | 2026-Q2 |
| CITADEL ADVISORS LLC added | 577,585 | $8M | 0.1% | 2026-Q2 |
| Capital Wealth Planning, LLC added | 576,245 | $9M | 0.1% | 2026-Q2 |
| LMR Partners LLP added | 550,000 | $9M | 0.1% | 2026-Q2 |
| FIDEURAM - INTESA SANPAOLO PRIVATE BANKING S.P.A. trimmed | 535,149 | $9M | 0.1% | 2026-Q2 |
| PEAK6 LLC new | 527,618 | $9M | 0.1% | 2026-Q2 |
| Fideuram Asset Management (Ireland) dac added | 494,721 | $9M | 0.1% | 2026-Q2 |
| GFS Advisors, LLC new | 1,500 | $13M | 0.1% | 2026-Q2 |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.