Seth Klarman’s PBF Energy PBF Stock Holding History

Seth Klarman’s Portfolio PBF Stock Details PBF Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2018 Q2	–	Sell	-7,924,175	Closed	-$269M	–	35
2018 Q1	$269M	Sell	7,924,175 -3,000,000	-27%	-$96.8M	2.59%	13
2017 Q4	$387M	Sell	10,924,175 -4,800,000	-31%	-$148M	3.83%	10
2017 Q3	$434M	Hold	15,724,175	–	–	5.41%	9
2017 Q2	$350M	Hold	15,724,175	–	–	4%	10
2017 Q1	$349M	Hold	15,724,175	–	–	4.1%	9
2016 Q4	$438M	Hold	15,724,175	–	–	5.72%	6
2016 Q3	$356M	Buy	15,724,175 +5,083,000	+48%	+$114M	5.06%	6
2016 Q2	$253M	Hold	10,641,175	–	–	3.43%	7
2016 Q1	$353M	Sell	10,641,175 -383,825	-3%	-$12.3M	5.1%	6
2015 Q4	$406M	Hold	11,025,000	–	–	7.36%	5
2015 Q3	$311M	Hold	11,025,000	–	–	5.19%	7
2015 Q2	$313M	Buy	11,025,000 +2,361,886	+27%	+$66.4M	5.22%	7
2015 Q1	$294M	Hold	8,663,114	–	–	4.94%	8
2014 Q4	$231M	Buy	8,663,114 +1,517,696	+21%	+$39.5M	4.53%	8
2014 Q3	$171M	Buy	7,145,418 +1,550,132	+28%	+$40.9M	2.99%	8
2014 Q2	$149M	Buy	5,595,286 +178,680	+3%	+$5.29M	2.43%	9
2014 Q1	$140M	Buy	5,416,606 +3,440,000	+174%	+$91.4M	3.38%	7
2013 Q4	$62.2M	Buy	1,976,606 +1,021,466	+107%	+$27.9M	1.76%	9
2013 Q3	$21.4M	Buy	+955,140	New	+$21.6M	0.61%	12

Other funds holding PBF

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

Dimensional Fund Advisors Austin, Texas $552B AUM 44.19% 1-Year Est. Return

JP Morgan Chase New York $1.81T AUM 41.13% 1-Year Est. Return

LSV Asset Management Chicago, Illinois $55.1B AUM 45.38% 1-Year Est. Return

State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return

Bank of New York Mellon New York $609B AUM 40.19% 1-Year Est. Return

AQR Capital Management Greenwich, Connecticut $287B AUM 42.33% 1-Year Est. Return

AJO LP Philadelphia, Pennsylvania $199M AUM 109.68% 1-Year Est. Return

Goldman Sachs New York $1.15T AUM 47.82% 1-Year Est. Return

Seth Klarman's PBF Position: Q2 2018 in Review

Seth Klarman sold out of PBF Energy (PBF) in Q2 2018, closing a stake of 7,924,175 shares — an estimated $269M sold.

Seth Klarman first reported a position in PBF in Q3 2013 and held it in 19 quarters. The position peaked at $438M in Q4 2016. 356 funds tracked by Wall St. Rank hold PBF as of Q2 2018.

Seth Klarman reported no remaining PBF Energy position as of Q2 2018 after selling out during the quarter.
Seth Klarman sold 7,924,175 PBF Energy shares in Q2 2018, an estimated $269M.
Seth Klarman first reported a position in PBF Energy in Q3 2013 and held it in 19 quarters.
Seth Klarman's PBF Energy position peaked at $438M in Q4 2016.
356 funds tracked by Wall St. Rank held PBF Energy as of Q2 2018.

Based on Baupost Group's 13F filing for Q2 2018, filed 13 Aug 2018.