Howard Marks acquired 4.77 Million Petroleo Brasileiro S.A. Petrobras shares worth $81.4 Million. That's 1.43% of their equity portfolio (17th largest holding). The first Petroleo Brasileiro S.A. Petrobras trade was made in Q3 2008. Since then Howard Marks bought shares 30 more times and sold shares on seventeen occasions. The stake costed the investor $52.3 Million, netting the investor a gain of 56% so far.