PBF Energy
293 hedge funds and large institutions have $3.67B invested in PBF Energy in 2018 Q1 according to their latest regulatory filings, with 49 funds opening new positions, 91 increasing their positions, 117 reducing their positions, and 53 closing their positions.
435% more call options, than puts
Call options by funds: $70.3M | Put options by funds: $13.1M
8% less first-time investments, than exits
New positions opened: 49 | Existing positions closed: 53
3% less funds holding
Funds holding: 301 → 293 (-8)
3.8% less ownership
Funds ownership: 101.75% → 97.96% (-3.8%)
7% less capital invested
Capital invested by funds: $3.97B → $3.67B (-$292M)
22% less repeat investments, than reductions
Existing positions increased: 91 | Existing positions reduced: 117
25% less funds holding in top 10
Funds holding in top 10: 8 → 6 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
+$45.1M |
| 2 |
TP
Third Point
New York
|
+$40.3M |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
+$32.2M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$31.3M |
| 5 |
JP Morgan Chase
New York
|
+$24.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$182M |
| 2 |
BG
Baupost Group
Boston,
Massachusetts
|
-$96.8M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
-$35.8M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$31M |
| 5 |
Millennium Management
New York
|
-$25.9M |
PBF Hedge Fund Activity: Q1 2018 in Review
293 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in PBF Energy (PBF) for Q1 2018, worth a combined $3.67B — down 7.4% from $3.97B a quarter earlier.
Sellers outnumbered buyers: 53 funds closed out of PBF and 49 opened new positions — a net loss of 4 holders — while 117 trimmed existing stakes and 91 added.
The largest buyer was AQR Capital Management, adding an estimated $45.1M. The largest seller was Barrow, Hanley, Mewhinney & Strauss, exiting entirely with an estimated $182M sold.
- 293 institutional investors held PBF Energy (PBF) as of Q1 2018, down from 301 in Q4 2017.
- Funds reported $3.67B of PBF Energy stock for Q1 2018, down 7.4% quarter-over-quarter.
- 49 funds opened new PBF Energy positions in Q1 2018 and 53 closed out, a net change of -4 holders.
- The largest PBF Energy buyer in Q1 2018 was AQR Capital Management, an estimated $45.1M added.
- The largest PBF Energy seller in Q1 2018 was Barrow, Hanley, Mewhinney & Strauss, an estimated $182M sold.
Based on aggregated 13F filings for Q1 2018.