PBF Energy
217 hedge funds and large institutions have $2.52B invested in PBF Energy in 2015 Q2 according to their latest regulatory filings, with 35 funds opening new positions, 91 increasing their positions, 70 reducing their positions, and 43 closing their positions.
30% more repeat investments, than reductions
Existing positions increased: 91 | Existing positions reduced: 70
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
1.64% more ownership
Funds ownership: 101.32% → 102.95% (+1.6%)
4% less funds holding
Funds holding: 225 → 217 (-8)
15% less capital invested
Capital invested by funds: $2.96B → $2.52B (-$447M)
19% less first-time investments, than exits
New positions opened: 35 | Existing positions closed: 43
47% less call options, than puts
Call options by funds: $10.2M | Put options by funds: $19.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BG
Baupost Group
Boston,
Massachusetts
|
+$66.4M |
| 2 |
D.E. Shaw & Co
New York
|
+$36.2M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$32.7M |
| 4 |
VLKIM
Van Lanschot Kempen Investment Management
Amsterdam,
Netherlands
|
+$27.6M |
| 5 |
Comerica Bank
Dallas,
Texas
|
+$22.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
-$56.2M |
| 2 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$54.8M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
-$31.6M |
| 4 |
ACM
Addison Clark Management
Stamford,
Connecticut
|
-$29M |
| 5 |
QI
QS Investors
New York
|
-$15.7M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
N
251
Nuveen
Charlotte,
North Carolina
| – | -$298K | -8,800 | Closed |
|
252
Nomura Holdings
Tokyo,
Japan
| – | -$273K | -8,182 | Closed |
|
|
OAM
253
Origin Asset Management
London,
United Kingdom
| – | -$220K | -6,487 | Closed |
|
|
TC
254
TradeLink Capital
Chicago,
Illinois
| – | -$210K | -6,184 | Closed |
|
|
NMIMC
255
Northwestern Mutual Investment Management Company
Milwaukee,
Wisconsin
| – | -$81K | -2,400 | Closed |
|
|
AA
256
Ancient Art
Austin,
Texas
| – | -$910K | -2,000 | Closed |
|
|
SEC
257
Seven Eight Capital
New York
| – | -$7K | -211 | Closed |
|
|
ONB
258
Old National Bancorp
Evansville,
Indiana
| – | -$4K | -127 | Closed |
|
|
AF
259
Arrow Financial
Glens Falls,
New York
| – | -$1K | -26 | Closed |
|
PBF Hedge Fund Activity: Q2 2015 in Review
217 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in PBF Energy (PBF) for Q2 2015, worth a combined $2.52B — down 15% from $2.96B a quarter earlier.
Sellers outnumbered buyers: 43 funds closed out of PBF and 35 opened new positions — a net loss of 8 holders — while 70 trimmed existing stakes and 91 added.
The largest buyer was Baupost Group, adding an estimated $66.4M. The largest seller was Systematic Financial Management, cutting an estimated $56.2M.
- 217 institutional investors held PBF Energy (PBF) as of Q2 2015, down from 225 in Q1 2015.
- Funds reported $2.52B of PBF Energy stock for Q2 2015, down 15% quarter-over-quarter.
- 35 funds opened new PBF Energy positions in Q2 2015 and 43 closed out, a net change of -8 holders.
- The largest PBF Energy buyer in Q2 2015 was Baupost Group, an estimated $66.4M added.
- The largest PBF Energy seller in Q2 2015 was Systematic Financial Management, an estimated $56.2M sold.
Based on aggregated 13F filings for Q2 2015.