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Aletheia Research & Management, Inc.
> PBR
| Date | Name | Ticker | Shares | Change | Value | Change | Price |
| 09/30/2012 | PETROBRAS - PETROLEO BRASILEIRO SA | PBR | 0 | -52,528 | 0 | -1,395,000 | |
| 06/30/2012 | PETROBRAS - PETROLEO BRASILEIRO SA | PBR | 0 | -52,528 | 0 | -1,395,000 | |
| 03/31/2012 | PETROBRAS - PETROLEO BRASILEIRO SA | PBR | 52,528 | -130,655 | 1,395,000 | -2,718,000 | $26.56 |
| 12/31/2011 | PETROBRAS - PETROLEO BRASILEIRO SA | PBR | 72,817 | -110,366 | 1,810,000 | -2,303,000 | $24.86 |
| 09/30/2011 | PETROBRAS - PETROLEO BRASILEIRO SA | PBR | 183,183 | -25,543 | 4,113,000 | -2,954,000 | $22.45 |
| 06/30/2011 | PETROBRAS - PETROLEO BRASILEIRO SA | PBR | 208,726 | -40,056 | 7,067,000 | -2,991,000 | $33.86 |
| 03/31/2011 | PETROBRAS - PETROLEO BRASILEIRO SA | PBR | 248,782 | 1,655 | 10,058,000 | 707,000 | $40.43 |
| 12/31/2010 | PETROBRAS - PETROLEO BRASILEIRO SA | PBR | 247,127 | -1,113,484 | 9,351,000 | -39,998,000 | $37.84 |
| 09/30/2010 | PETROBRAS - PETROLEO BRASILEIRO SA | PBR | 1,360,611 | -1,355,660 | 49,349,000 | -43,873,000 | $36.27 |
| 06/30/2010 | PETROBRAS - PETROLEO BRASILEIRO SA | PBR | 2,716,271 | -63,916 | 93,222,000 | -30,451,000 | $34.32 |
| 03/31/2010 | PETROBRAS - PETROLEO BRASILEIRO SA | PBR | 2,780,187 | -344,998 | 123,673,000 | -25,336,000 | $44.48 |
| 12/31/2009 | PETROBRAS - PETROLEO BRASILEIRO SA | PBR | 3,125,185 | -340,408 | 149,009,000 | -10,062,000 | $47.68 |
| 09/30/2009 | PETROBRAS - PETROLEO BRASILEIRO SA | PBR | 3,465,593 | -601,374 | 159,071,000 | -7,593,000 | $45.90 |
| 06/30/2009 | PETROBRAS - PETROLEO BRASILEIRO SA | PBR | 4,066,967 | -736,136 | 166,664,000 | 50,246,000 | $40.98 |
| 03/31/2009 | PETROBRAS - PETROLEO BRASILEIRO SA | PBR | 4,616,451 | -186,652 | 140,663,000 | 24,245,000 | $30.47 |
| 12/31/2008 | PETROBRAS - PETROLEO BRASILEIRO SA | PBR | 4,803,103 | 1,344,306 | 116,418,000 | -124,502,000 | $24.24 |
| 06/30/2008 | PETROBRAS - PETROLEO BRASILEIRO SA | PBR | 3,458,797 | 1,936,337 | 240,920,000 | 85,231,000 | $69.65 |
| 03/31/2008 | PETROBRAS - PETROLEO BRASILEIRO SA | PBR | 1,522,460 | 1,522,460 | 155,689,000 | 155,689,000 | $102.26 |
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