PBF Energy
233 hedge funds and large institutions have $2.35B invested in PBF Energy in 2016 Q2 according to their latest regulatory filings, with 38 funds opening new positions, 100 increasing their positions, 77 reducing their positions, and 48 closing their positions.
30% more repeat investments, than reductions
Existing positions increased: 100 | Existing positions reduced: 77
1.87% less ownership
Funds ownership: 103.05% → 101.17% (-1.9%)
5% less funds holding
Funds holding: 246 → 233 (-13)
21% less first-time investments, than exits
New positions opened: 38 | Existing positions closed: 48
29% less call options, than puts
Call options by funds: $21.3M | Put options by funds: $29.8M
29% less capital invested
Capital invested by funds: $3.32B → $2.35B (-$973M)
56% less funds holding in top 10
Funds holding in top 10: 9 → 4 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Prudential Financial
Newark,
New Jersey
|
+$35.4M |
| 2 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$34.3M |
| 3 |
ACA
Anchor Capital Advisors
Boston,
Massachusetts
|
+$24.9M |
| 4 |
PP
Prudential plc
London, England,
United Kingdom
|
+$20.6M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
+$17.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
-$123M |
| 2 |
BRC
Blue Ridge Capital
New York
|
-$37.5M |
| 3 |
D.E. Shaw & Co
New York
|
-$32.9M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
-$26.8M |
| 5 |
Goldman Sachs
New York
|
-$18.1M |
PBF Hedge Fund Activity: Q2 2016 in Review
233 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in PBF Energy (PBF) for Q2 2016, worth a combined $2.35B — down 29% from $3.32B a quarter earlier.
Sellers outnumbered buyers: 48 funds closed out of PBF and 38 opened new positions — a net loss of 10 holders — while 77 trimmed existing stakes and 100 added.
The largest buyer was Prudential Financial, adding an estimated $35.4M. The largest seller was Acadian Asset Management, exiting entirely with an estimated $123M sold.
- 233 institutional investors held PBF Energy (PBF) as of Q2 2016, down from 246 in Q1 2016.
- Funds reported $2.35B of PBF Energy stock for Q2 2016, down 29% quarter-over-quarter.
- 38 funds opened new PBF Energy positions in Q2 2016 and 48 closed out, a net change of -10 holders.
- The largest PBF Energy buyer in Q2 2016 was Prudential Financial, an estimated $35.4M added.
- The largest PBF Energy seller in Q2 2016 was Acadian Asset Management, an estimated $123M sold.
Based on aggregated 13F filings for Q2 2016.