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PBF Energy

218 hedge funds and large institutions have $2.27B invested in PBF Energy in 2014 Q2 according to their latest regulatory filings, with 70 funds opening new positions, 95 increasing their positions, 41 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

526% more call options, than puts

Call options by funds: $99.1M | Put options by funds: $15.8M

218% more first-time investments, than exits

New positions opened: 70 | Existing positions closed: 22

132% more repeat investments, than reductions

Existing positions increased: 95 | Existing positions reduced: 41

28% more funds holding

Funds holding: 170218 (+48)

4% less capital invested

Capital invested by funds: $2.37B → $2.27B (-$99.3M)

40% less funds holding in top 10

Funds holding in top 10: 53 (-2)

67.31% less ownership

Funds ownership: 167.49%100.18% (-67%)

Holders
218
Holders Change
+48
Holders Change %
+28.24%
% of All Funds
6.27%
Holding in Top 10
3
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-40%
% of All Funds
0.09%
New
70
Increased
95
Reduced
41
Closed
22
Calls
$99.1M
Puts
$15.8M
Net Calls
+$83.3M
Net Calls Change
+$63.4M
Name Holding Trade Value Shares
Change
Change in
Stake
CCA
26
Canyon Capital Advisors
Texas
$19.9M +$4.79M +162,000 +28%
NM
27
Nokota Management
New York
$19.1M +$12.3M +415,000 +138%
MAA
28
Managed Account Advisors
New Jersey
$17.8M +$9.1M +307,570 +85%
Goldman Sachs
29
Goldman Sachs
New York
$17.5M -$4M -135,094 -17%
BFA
30
BlackRock Fund Advisors
California
$17.3M +$11M +370,698 +134%
FRGX
31
First Reserve GP XII
Connecticut
$15.8M -$83.1M -2,808,661 -83%
Bank of New York Mellon
32
Bank of New York Mellon
New York
$15.5M +$4.86M +164,447 +39%
AIMCA
33
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$15.3M -$7.09M -239,677 -30%
AL
34
AJO LP
Pennsylvania
$15.2M +$16.9M +572,100 New
TC
35
Towle & Co
Colorado
$14.3M +$213K +7,190 +1%
BG
36
BlackRock Group
United Kingdom
$13.4M +$5.31M +179,377 +55%
MCM
37
Masters Capital Management
Georgia
$13.3M -$8.67M -292,969 -37%
CS
38
Credit Suisse
Switzerland
$13.1M +$11.4M +385,617 +364%
TCIM
39
TIAA CREF Investment Management
New York
$12.9M +$6.59M +222,905 +85%
Bank of America
40
Bank of America
North Carolina
$12.6M +$1.09M +36,738 +8%
Northern Trust
41
Northern Trust
Illinois
$12.4M +$4.81M +162,598 +54%
Wells Fargo
42
Wells Fargo
California
$12.3M +$2.76M +93,148 +25%
CI
43
Cambiar Investors
Colorado
$11.9M +$3.71M +125,450 +39%
ABC
44
Anchor Bolt Capital
Illinois
$11.8M +$2.07M +70,129 +19%
New York State Common Retirement Fund
45
New York State Common Retirement Fund
New York
$11.7M +$2.8M +94,500 +27%
Citigroup
46
Citigroup
New York
$11.5M -$128M -4,337,637 -91%
Geode Capital Management
47
Geode Capital Management
Massachusetts
$11.3M +$3.08M +104,033 +33%
BTS
48
BB&T Securities
Virginia
$11.3M +$1.25M +42,231 New
Wellington Management Group
49
Wellington Management Group
Massachusetts
$10.3M +$330K +11,141 +3%
GC
50
Guggenheim Capital
Illinois
$10.2M +$9.67M +326,898 +593%

PBF Hedge Fund Activity: Q2 2014 in Review

218 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in PBF Energy (PBF) for Q2 2014, worth a combined $2.27B — down 4.2% from $2.37B a quarter earlier.

Buyers outnumbered sellers: 70 funds opened new PBF positions and 22 closed out — a net gain of 48 holders — while 95 added to existing stakes and 41 trimmed.

The largest buyer was Herndon Capital Management, opening a new position worth an estimated $74M. The largest seller was Blackstone Inc, cutting an estimated $449M.

  • 218 institutional investors held PBF Energy (PBF) as of Q2 2014, up from 170 in Q1 2014.
  • Funds reported $2.27B of PBF Energy stock for Q2 2014, down 4.2% quarter-over-quarter.
  • 70 funds opened new PBF Energy positions in Q2 2014 and 22 closed out, a net change of +48 holders.
  • The largest PBF Energy buyer in Q2 2014 was Herndon Capital Management, an estimated $74M added.
  • The largest PBF Energy seller in Q2 2014 was Blackstone Inc, an estimated $449M sold.

Based on aggregated 13F filings for Q2 2014.