PBF Energy
196 hedge funds and large institutions have $3.36B invested in PBF Energy in 2014 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 76 increasing their positions, 77 reducing their positions, and 48 closing their positions.
154% more call options, than puts
Call options by funds: $46.4M | Put options by funds: $18.3M
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
48% more capital invested
Capital invested by funds: $2.27B → $3.36B (+$1.1B)
1% less repeat investments, than reductions
Existing positions increased: 76 | Existing positions reduced: 77
2.21% less ownership
Funds ownership: 100.18% → 97.97% (-2.2%)
10% less funds holding
Funds holding: 218 → 196 (-22)
44% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 48
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Point72 Asset Management
Stamford,
Connecticut
|
+$49.1M |
| 2 |
BG
Baupost Group
Boston,
Massachusetts
|
+$40.9M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$33.1M |
| 4 |
Goldman Sachs
New York
|
+$25.1M |
| 5 |
Millennium Management
New York
|
+$20.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Herndon Capital Management
Atlanta,
Georgia
|
-$66.6M |
| 2 |
AWG
Alpha Wave Global
New York
|
-$40M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
-$23.3M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$22.5M |
| 5 |
Norges Bank
Oslo,
Norway
|
-$17.4M |
PBF Hedge Fund Activity: Q3 2014 in Review
196 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in PBF Energy (PBF) for Q3 2014, worth a combined $3.36B — up 48% from $2.27B a quarter earlier.
Sellers outnumbered buyers: 48 funds closed out of PBF and 27 opened new positions — a net loss of 21 holders — while 77 trimmed existing stakes and 76 added.
The largest buyer was Point72 Asset Management, opening a new position worth an estimated $49.1M. The largest seller was Herndon Capital Management, exiting entirely with an estimated $66.6M sold.
- 196 institutional investors held PBF Energy (PBF) as of Q3 2014, down from 218 in Q2 2014.
- Funds reported $3.36B of PBF Energy stock for Q3 2014, up 48% quarter-over-quarter.
- 27 funds opened new PBF Energy positions in Q3 2014 and 48 closed out, a net change of -21 holders.
- The largest PBF Energy buyer in Q3 2014 was Point72 Asset Management, an estimated $49.1M added.
- The largest PBF Energy seller in Q3 2014 was Herndon Capital Management, an estimated $66.6M sold.
Based on aggregated 13F filings for Q3 2014.