Howard Marks acquired 3.35 Million Petroleo Brasileiro S.A. Petrobras shares worth $39.1 Million. That's 1.05% of their equity portfolio (21st largest holding). The first Petroleo Brasileiro S.A. Petrobras trade was made in Q3 2008. Since then Howard Marks bought shares 31 more times and sold shares on twenty occasions. The stake costed the investor $37.2 Million, netting the investor a gain of 4.9% so far.