Summary by Moomoo AI
GQG Partners LLC, an investment adviser firm based in Delaware, has filed an amended Schedule 13G/A with the United States Securities and Exchange Commission on February 7, 2024, indicating a significant ownership stake in Petroleo Brasileiro SA Petrobras (Petrobras). The filing reveals that GQG Partners LLC beneficially owns 213,166,510 American Depositary Shares representing common stock of Petrobras, which accounts for 5.73% of the class. The shares provide GQG Partners with sole voting power over 188,584,087 shares and sole dispositive power over the entire 213,166,510 shares. The filing, dated December 31, 2023, specifies that the shares were acquired in the ordinary course of business and not for the purpose of changing or influencing the control of Petrobras. The address of Petrobras's principal executive offices is listed as Avenida Republica do Chile 65, centro 20035 900 Rio de Janeiro RJ Federative Republic of Brazil.