Jeremy Grantham acquired 4.47 Million Petroleo Brasileiro S.A. Petrobras - ADR - Preference Shares shares worth $71.4 Million. That's 0.31% of their equity portfolio (54th largest holding). The first Petroleo Brasileiro S.A. Petrobras - ADR - Preference Shares trade was made in Q1 2013. Since then Jeremy Grantham bought shares seven more times and sold shares on twelve occasions. The stake costed the investor $54 Million, netting the investor a gain of 32% so far.