PBF Energy
355 hedge funds and large institutions have $4.52B invested in PBF Energy in 2018 Q2 according to their latest regulatory filings, with 92 funds opening new positions, 113 increasing their positions, 119 reducing their positions, and 28 closing their positions.
229% more first-time investments, than exits
New positions opened: 92 | Existing positions closed: 28
56% more call options, than puts
Call options by funds: $57.3M | Put options by funds: $36.7M
23% more capital invested
Capital invested by funds: $3.67B → $4.52B (+$842M)
21% more funds holding
Funds holding: 293 → 355 (+62)
5% less repeat investments, than reductions
Existing positions increased: 113 | Existing positions reduced: 119
1.91% less ownership
Funds ownership: 97.96% → 96.05% (-1.9%)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
+$77.5M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
+$66M |
| 3 |
SCM
Suvretta Capital Management
New York
|
+$41.2M |
| 4 |
CGM
Capital Growth Management
Boston,
Massachusetts
|
+$40.6M |
| 5 |
Goldman Sachs
New York
|
+$39.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BG
Baupost Group
Boston,
Massachusetts
|
-$269M |
| 2 |
JP Morgan Chase
New York
|
-$80.3M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
-$74.1M |
| 4 |
TP
Third Point
New York
|
-$42.4M |
| 5 |
SCM
Snow Capital Management
Sewickley,
Pennsylvania
|
-$37.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
376
Creative Planning
Overland Park,
Kansas
| – | -$205K | -6,051 | Closed |
|
|
RE
377
RBC Europe
London,
United Kingdom
| – | -$24.6K | -725 | Closed |
|
|
WTB
378
Washington Trust Bank
Spokane,
Washington
| – | -$14K | -427 | Closed |
|
|
SSB
379
Sandy Spring Bank
Olney,
Maryland
| – | -$9K | -274 | Closed |
|
|
APP
380
Avantax Planning Partners
Dubuque,
Iowa
| – | -$6K | -164 | Closed |
|
|
FHA
381
First Horizon Advisors
Memphis,
Tennessee
| – | -$5K | -155 | Closed |
|
PBF Hedge Fund Activity: Q2 2018 in Review
355 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in PBF Energy (PBF) for Q2 2018, worth a combined $4.52B — up 23% from $3.67B a quarter earlier.
Buyers outnumbered sellers: 92 funds opened new PBF positions and 28 closed out — a net gain of 64 holders — while 113 added to existing stakes and 119 trimmed.
The largest buyer was Bank of New York Mellon, adding an estimated $77.5M. The largest seller was Baupost Group, exiting entirely with an estimated $269M sold.
- 355 institutional investors held PBF Energy (PBF) as of Q2 2018, up from 293 in Q1 2018.
- Funds reported $4.52B of PBF Energy stock for Q2 2018, up 23% quarter-over-quarter.
- 92 funds opened new PBF Energy positions in Q2 2018 and 28 closed out, a net change of +64 holders.
- The largest PBF Energy buyer in Q2 2018 was Bank of New York Mellon, an estimated $77.5M added.
- The largest PBF Energy seller in Q2 2018 was Baupost Group, an estimated $269M sold.
Based on aggregated 13F filings for Q2 2018.