PBF Energy
301 hedge funds and large institutions have $3.97B invested in PBF Energy in 2017 Q4 according to their latest regulatory filings, with 96 funds opening new positions, 96 increasing their positions, 86 reducing their positions, and 27 closing their positions.
595% more call options, than puts
Call options by funds: $69.1M | Put options by funds: $9.94M
256% more first-time investments, than exits
New positions opened: 96 | Existing positions closed: 27
60% more funds holding in top 10
Funds holding in top 10: 5 → 8 (+3)
29% more funds holding
Funds holding: 233 → 301 (+68)
20% more capital invested
Capital invested by funds: $3.31B → $3.97B (+$657M)
12% more repeat investments, than reductions
Existing positions increased: 96 | Existing positions reduced: 86
7.35% less ownership
Funds ownership: 109.1% → 101.75% (-7.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$48.8M |
| 2 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$47.8M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
+$34.1M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$30.1M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$20.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BG
Baupost Group
Boston,
Massachusetts
|
-$148M |
| 2 |
JP Morgan Chase
New York
|
-$69.9M |
| 3 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$60.3M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$47.3M |
| 5 |
Fuller & Thaler Asset Management
San Mateo,
California
|
-$41.7M |
PBF Hedge Fund Activity: Q4 2017 in Review
301 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in PBF Energy (PBF) for Q4 2017, worth a combined $3.97B — up 20% from $3.31B a quarter earlier.
Buyers outnumbered sellers: 96 funds opened new PBF positions and 27 closed out — a net gain of 69 holders — while 96 added to existing stakes and 86 trimmed.
The largest buyer was Millennium Management, opening a new position worth an estimated $48.8M. The largest seller was Baupost Group, cutting an estimated $148M.
- 301 institutional investors held PBF Energy (PBF) as of Q4 2017, up from 233 in Q3 2017.
- Funds reported $3.97B of PBF Energy stock for Q4 2017, up 20% quarter-over-quarter.
- 96 funds opened new PBF Energy positions in Q4 2017 and 27 closed out, a net change of +69 holders.
- The largest PBF Energy buyer in Q4 2017 was Millennium Management, an estimated $48.8M added.
- The largest PBF Energy seller in Q4 2017 was Baupost Group, an estimated $148M sold.
Based on aggregated 13F filings for Q4 2017.