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PBF Energy

111 hedge funds and large institutions have $1.93B invested in PBF Energy in 2013 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 52 increasing their positions, 30 reducing their positions, and 38 closing their positions.

New
Increased
Maintained
Reduced
Closed

73% more repeat investments, than reductions

Existing positions increased: 52 | Existing positions reduced: 30

1% less call options, than puts

Call options by funds: $35.8M | Put options by funds: $36.2M

2.17% less ownership

Funds ownership: 171.92%169.75% (-2.2%)

11% less capital invested

Capital invested by funds: $2.18B → $1.93B (-$245M)

14% less funds holding

Funds holding: 129111 (-18)

45% less first-time investments, than exits

New positions opened: 21 | Existing positions closed: 38

60% less funds holding in top 10

Funds holding in top 10: 52 (-3)

Holders
111
Holders Change
-18
Holders Change %
-13.95%
% of All Funds
3.6%
Holding in Top 10
2
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-60%
% of All Funds
0.06%
New
21
Increased
52
Reduced
30
Closed
38
Calls
$35.8M
Puts
$36.2M
Net Calls
-$405K
Net Calls Change
-$7.8M
Name Holding Trade Value Shares
Change
Change in
Stake
VNA
51
VNBTrust National Association
Virginia
$2M +$883K +39,000 +78%
Lazard Asset Management
52
Lazard Asset Management
New York
$1.77M -$963K -42,550 -35%
Royal Bank of Canada
53
Royal Bank of Canada
Ontario, Canada
$1.66M -$955K -42,200 -36%
Fiera Capital (Canada)
54
Fiera Capital (Canada)
Quebec, Canada
$1.63M +$1.65M +72,800 New
MC
55
Miles Capital
Iowa
$1.42M +$1.43M +63,124 New
GCM
56
GeoSphere Capital Management
Florida
$1.35M +$1.36M +60,000 New
Nomura Holdings
57
Nomura Holdings
Japan
$1.31M +$716K +31,660 +118%
Ameriprise
58
Ameriprise
Minnesota
$1.27M -$4.62K -204 -0.4%
GCP
59
GSA Capital Partners
United Kingdom
$1.2M -$138K -6,114 -10%
Acadian Asset Management
60
Acadian Asset Management
Massachusetts
$1.14M +$1.15M +50,867 New
Bank of America
61
Bank of America
North Carolina
$1.13M -$382K -16,891 -25%
CAM
62
ClariVest Asset Management
California
$1.12M +$1.13M +49,830 New
U
63
UBS
Switzerland
$1.07M +$483K +21,322 +81%
California State Teachers Retirement System (CalSTRS)
64
California State Teachers Retirement System (CalSTRS)
California
$947K +$24.9K +1,100 +3%
PCM
65
Prelude Capital Management
New York
$898K +$905K +39,996 New
State Board of Administration of Florida Retirement System
66
State Board of Administration of Florida Retirement System
Florida
$837K +$19.3K +854 +2%
B
67
Barings
North Carolina
$815K +$471K +20,800 +134%
Swiss National Bank
68
Swiss National Bank
Switzerland
$790K -$36.2K -1,600 -4%
TRSOTSOK
69
Teachers Retirement System of the State of Kentucky
Kentucky
$706K +$107K +4,710 +18%
Charles Schwab
70
Charles Schwab
California
$695K +$62.5K +2,762 +10%
Barclays
71
Barclays
United Kingdom
$689K +$656K +28,969 +1,231%
Boston Partners
72
Boston Partners
Massachusetts
$681K +$30.4K +1,342 +5%
AllianceBernstein
73
AllianceBernstein
Tennessee
$661K +$405K +17,916 +156%
California Public Employees Retirement System
74
California Public Employees Retirement System
California
$653K +$330K +14,600 +101%
Citadel Advisors
75
Citadel Advisors
Florida
$649K +$655K +28,924 New

PBF Hedge Fund Activity: Q3 2013 in Review

111 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in PBF Energy (PBF) for Q3 2013, worth a combined $1.93B — down 11% from $2.18B a quarter earlier.

Sellers outnumbered buyers: 38 funds closed out of PBF and 21 opened new positions — a net loss of 17 holders — while 30 trimmed existing stakes and 52 added.

The largest buyer was Select Equity Group, adding an estimated $52.1M. The largest seller was Jana Partners, exiting entirely with an estimated $57.8M sold.

  • 111 institutional investors held PBF Energy (PBF) as of Q3 2013, down from 129 in Q2 2013.
  • Funds reported $1.93B of PBF Energy stock for Q3 2013, down 11% quarter-over-quarter.
  • 21 funds opened new PBF Energy positions in Q3 2013 and 38 closed out, a net change of -17 holders.
  • The largest PBF Energy buyer in Q3 2013 was Select Equity Group, an estimated $52.1M added.
  • The largest PBF Energy seller in Q3 2013 was Jana Partners, an estimated $57.8M sold.

Based on aggregated 13F filings for Q3 2013.