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PBF Energy

395 hedge funds and large institutions have $4.51B invested in PBF Energy in 2023 Q4 according to their latest regulatory filings, with 77 funds opening new positions, 117 increasing their positions, 152 reducing their positions, and 64 closing their positions.

New
Increased
Maintained
Reduced
Closed

105% more call options, than puts

Call options by funds: $185M | Put options by funds: $90.3M

20% more first-time investments, than exits

New positions opened: 77 | Existing positions closed: 64

3.62% more ownership

Funds ownership: 80.38%83.99% (+3.6%)

3% more funds holding

Funds holding: 385395 (+10)

15% less capital invested

Capital invested by funds: $5.33B → $4.51B (-$818M)

23% less repeat investments, than reductions

Existing positions increased: 117 | Existing positions reduced: 152

50% less funds holding in top 10

Funds holding in top 10: 84 (-4)

Holders
395
Holders Change
+10
Holders Change %
+2.6%
% of All Funds
5.76%
Holding in Top 10
4
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-50%
% of All Funds
0.06%
New
77
Increased
117
Reduced
152
Closed
64
Calls
$185M
Puts
$90.3M
Net Calls
+$94.9M
Net Calls Change
-$35.7M
Name Holding Trade Value Shares
Change
Change in
Stake
AQR Capital Management
26
AQR Capital Management
Connecticut
$40.3M +$2.67M +58,705 +7%
Fidelity Investments
27
Fidelity Investments
Massachusetts
$35.1M -$4.79M -105,508 -12%
SPC
28
Slate Path Capital
New York
$32.3M -$7.6M -167,292 -19%
William Blair Investment Management
29
William Blair Investment Management
Illinois
$31.8M -$497K -10,937 -1%
PMG
30
Private Management Group
California
$31.1M -$164K -3,611 -0.5%
Ameriprise
31
Ameriprise
Minnesota
$30.5M -$5.54M -121,970 -15%
TC
32
Towle & Co
Colorado
$28.1M -$3.35M -73,800 -10%
Allianz Asset Management
33
Allianz Asset Management
Germany
$27.4M -$1.52M -33,529 -5%
N
34
Nuveen
North Carolina
$25.5M -$16.2M -357,593 -38%
Balyasny Asset Management
35
Balyasny Asset Management
Illinois
$24.5M +$25.3M +557,399 New
JP Morgan Chase
36
JP Morgan Chase
New York
$24.3M +$260K +5,718 +1%
Mackenzie Financial
37
Mackenzie Financial
Ontario, Canada
$21.5M +$4.69M +103,310 +27%
HAI
38
Hennessy Advisors Inc
California
$21.5M -$3.02M -66,400 -12%
Principal Financial Group
39
Principal Financial Group
Iowa
$20.6M +$428K +9,427 +2%
Millennium Management
40
Millennium Management
New York
$18.6M +$4.03M +88,779 +27%
Prudential Financial
41
Prudential Financial
New Jersey
$17.6M +$6.35M +139,945 +54%
RhumbLine Advisers
42
RhumbLine Advisers
Massachusetts
$17.6M -$6.04K -133 -0%
ECM
43
ExodusPoint Capital Management
New York
$17M -$13M -285,206 -42%
Jacobs Levy Equity Management
44
Jacobs Levy Equity Management
New Jersey
$16.1M -$623K -13,727 -4%
HC
45
Hara Capital
Washington
$15.7M +$16.2M +357,460 New
AllianceBernstein
46
AllianceBernstein
Tennessee
$14.8M -$103K -2,276 -0.7%
UBS Group
47
UBS Group
Switzerland
$14.8M -$2.28M -50,294 -13%
Wellington Management Group
48
Wellington Management Group
Massachusetts
$14.5M -$534K -11,763 -3%
Barclays
49
Barclays
United Kingdom
$13M +$8.62M +189,928 +179%
Federated Hermes
50
Federated Hermes
Pennsylvania
$13M -$1.6M -35,236 -11%

PBF Hedge Fund Activity: Q4 2023 in Review

395 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in PBF Energy (PBF) for Q4 2023, worth a combined $4.51B — down 15% from $5.33B a quarter earlier.

Buyers outnumbered sellers: 77 funds opened new PBF positions and 64 closed out — a net gain of 13 holders — while 117 added to existing stakes and 152 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $89.5M. The largest seller was Goldman Sachs, cutting an estimated $38.7M.

  • 395 institutional investors held PBF Energy (PBF) as of Q4 2023, up from 385 in Q3 2023.
  • Funds reported $4.51B of PBF Energy stock for Q4 2023, down 15% quarter-over-quarter.
  • 77 funds opened new PBF Energy positions in Q4 2023 and 64 closed out, a net change of +13 holders.
  • The largest PBF Energy buyer in Q4 2023 was Morgan Stanley, an estimated $89.5M added.
  • The largest PBF Energy seller in Q4 2023 was Goldman Sachs, an estimated $38.7M sold.

Based on aggregated 13F filings for Q4 2023.