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PBF Energy

235 hedge funds and large institutions have $3.76B invested in PBF Energy in 2015 Q4 according to their latest regulatory filings, with 55 funds opening new positions, 91 increasing their positions, 72 reducing their positions, and 34 closing their positions.

New
Increased
Maintained
Reduced
Closed

67% more funds holding in top 10

Funds holding in top 10: 610 (+4)

62% more first-time investments, than exits

New positions opened: 55 | Existing positions closed: 34

43% more capital invested

Capital invested by funds: $2.63B → $3.76B (+$1.13B)

26% more repeat investments, than reductions

Existing positions increased: 91 | Existing positions reduced: 72

9% more funds holding

Funds holding: 216235 (+19)

3.93% less ownership

Funds ownership: 108.7%104.77% (-3.9%)

20% less call options, than puts

Call options by funds: $28.5M | Put options by funds: $35.7M

Holders
235
Holders Change
+19
Holders Change %
+8.8%
% of All Funds
6.16%
Holding in Top 10
10
Holding in Top 10 Change
+4
Holding in Top 10 Change %
+66.67%
% of All Funds
0.26%
New
55
Increased
91
Reduced
72
Closed
34
Calls
$28.5M
Puts
$35.7M
Net Calls
-$7.23M
Net Calls Change
+$8.74M
Name Holding Trade Value Shares
Change
Change in
Stake
Federated Hermes
26
Federated Hermes
Pennsylvania
$34.8M -$18.8M -533,568 -36%
AQR Capital Management
27
AQR Capital Management
Connecticut
$30.1M +$9.54M +270,584 +50%
Bank of America
28
Bank of America
North Carolina
$29M +$3.1M +87,814 +13%
Comerica Bank
29
Comerica Bank
Texas
$28.3M -$1.56M -44,291 -5%
SFM
30
Systematic Financial Management
New Jersey
$24M +$7.42M +210,585 +48%
Bank of New York Mellon
31
Bank of New York Mellon
New York
$23.5M -$11.2M -317,624 -33%
TC
32
Towle & Co
Colorado
$23.3M +$97.7K +2,770 +0.4%
VLKIM
33
Van Lanschot Kempen Investment Management
Netherlands
$23M +$22M +624,887 New
Wells Fargo
34
Wells Fargo
California
$21.7M -$2.44M -69,325 -11%
Geode Capital Management
35
Geode Capital Management
Massachusetts
$21.3M -$691K -19,599 -3%
AAM
36
Advisors Asset Management
Colorado
$20.9M -$12M -339,828 -37%
Allianz Asset Management
37
Allianz Asset Management
Germany
$19.2M -$3.91M -110,843 -18%
CS
38
Credit Suisse
Switzerland
$16.4M +$11M +311,409 +233%
UOC
39
UBS O'Connor
Illinois
$16.1M +$15.5M +438,274 New
PAM
40
Panagora Asset Management
Massachusetts
$16M +$14.2M +402,160 +1,255%
Ameriprise
41
Ameriprise
Minnesota
$15.7M +$6.24M +177,090 +71%
Northern Trust
42
Northern Trust
Illinois
$15.4M +$923K +26,172 +7%
BA
43
BlackRock Advisors
Delaware
$14.5M -$5.96M -168,949 -30%
ZDA
44
Zweig-DiMenna Associates
New York
$13.9M +$13.3M +377,500 New
BGIM
45
Brandywine Global Investment Management
Pennsylvania
$13.8M -$454K -12,882 -3%
Morgan Stanley
46
Morgan Stanley
New York
$13.8M -$14.8M -420,824 -53%
Lord, Abbett & Co
47
Lord, Abbett & Co
New Jersey
$13M -$4.95M -140,500 -28%
Susquehanna International Group
48
Susquehanna International Group
Pennsylvania
$11.6M -$3.97M -112,640 -26%
TCIM
49
TIAA CREF Investment Management
New York
$10.4M -$6.6M -187,088 -40%
Citadel Advisors
50
Citadel Advisors
Florida
$10.3M +$4.41M +125,086 +80%

PBF Hedge Fund Activity: Q4 2015 in Review

235 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in PBF Energy (PBF) for Q4 2015, worth a combined $3.76B — up 43% from $2.63B a quarter earlier.

Buyers outnumbered sellers: 55 funds opened new PBF positions and 34 closed out — a net gain of 21 holders — while 91 added to existing stakes and 72 trimmed.

The largest buyer was Barrow, Hanley, Mewhinney & Strauss, opening a new position worth an estimated $139M. The largest seller was Select Equity Group, exiting entirely with an estimated $121M sold.

  • 235 institutional investors held PBF Energy (PBF) as of Q4 2015, up from 216 in Q3 2015.
  • Funds reported $3.76B of PBF Energy stock for Q4 2015, up 43% quarter-over-quarter.
  • 55 funds opened new PBF Energy positions in Q4 2015 and 34 closed out, a net change of +21 holders.
  • The largest PBF Energy buyer in Q4 2015 was Barrow, Hanley, Mewhinney & Strauss, an estimated $139M added.
  • The largest PBF Energy seller in Q4 2015 was Select Equity Group, an estimated $121M sold.

Based on aggregated 13F filings for Q4 2015.