Question 1

Does Caption Management own PBR stock?

Accepted Answer

No. Caption Management exited its PBR (Petroleo Brasileiro) position in Q2 2026. Its Q1 2026 13F listed 240,000 shares worth $5M.

Question 2

How many shares of PBR does Caption Management own?

Accepted Answer

None since Q2 2026, when Caption Management exited the position. Its Q1 2026 13F listed 240,000 shares worth $5M.

Question 3

What is Caption Management's PBR position worth?

Accepted Answer

Caption Management's PBR position was worth $5M in its Q1 2026 13F, before the exit in Q2 2026.

Question 4

Is Caption Management buying or selling PBR?

Accepted Answer

In Q2 2026, Caption Management exited its entire PBR position.

Question 5

When did Caption Management first buy PBR?

Accepted Answer

Caption Management first reported PBR in its Q3 2021 13F and listed it in 6 quarterly 13F filings.

Quarter	Action	Shares	Change	Value	Weight	Price	Conviction
2026-Q2 Latest	Exited	0	-100.0%	$0	0.0%	$15.70	0
2026-Q1	New	240,000	-	$5M	0.0%	$19.89	37
2022-Q4	Exited	0	-100.0%	$0	0.0%	$6.21	0
2022-Q3	Decreased	3.6M	-19.1%	$44.9M	0.6%	$6.38	0
2022-Q2	Increased	4.5M	+1956x	$52.6M	0.7%	$5.00	67
2022-Q1	Decreased	2,300	-99.9%	$34,000	0.0%	$5.32	0
2021-Q4	Increased	4.2M	+1.6%	$45.9M	0.5%	$3.95	42
2021-Q3	New	4.1M	-	$42.5M	0.5%	$3.31	48

PBR8 quarters

PBR
8 quarters