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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
ST
76
Spot Trading
Illinois
$622K -$492K -21,722 -44%
VRS
77
Virginia Retirement Systems
Virginia
$622K +$627K +27,700 New
Group One Trading
78
Group One Trading
Illinois
$584K -$551K -24,341 -48%
FHC
79
First Heartland Consultants
Missouri
$573K +$584K +25,800 New
Deutsche Bank
80
Deutsche Bank
Germany
$559K -$922K -40,756 -62%
DC
81
Deere & Company
Illinois
$528K
ANTB
82
AMG National Trust Bank
Colorado
$500K +$504K +22,292 New
CS
83
Credit Suisse
Switzerland
$486K -$7.03M -310,472 -93%
NFA
84
Nationwide Fund Advisors
Ohio
$483K +$105K +4,620 +27%
HT
85
HAP Trading
New York
$414K -$420K -18,556 -50%
VanEck Associates
86
VanEck Associates
New York
$406K +$410K +18,100 New
State of Wisconsin Investment Board
87
State of Wisconsin Investment Board
Wisconsin
$387K -$32.8K -1,450 -8%
SCM
88
Sterling Capital Management
North Carolina
$375K +$133K +5,870 +54%
RhumbLine Advisers
89
RhumbLine Advisers
Massachusetts
$345K +$31.2K +1,380 +10%
TA
90
Teachers Advisors
New York
$344K +$44.8K +1,980 +15%
UBS AM
91
UBS AM
Illinois
$339K +$79.2K +3,500 +30%
VOYA Investment Management
92
VOYA Investment Management
Georgia
$236K +$8.73K +386 +4%
IRF
93
IBM Retirement Fund
New York
$225K -$17.8K -786 -7%
Federated Hermes
94
Federated Hermes
Pennsylvania
$222K -$22.4M -990,103 -99%
Axa
95
Axa
France
$200K +$201K +8,900 New
MCM
96
McGlinn Capital Management
Pennsylvania
$168K -$56.6K -2,500 -25%
Ohio Public Employees Retirement System (OPERS)
97
Ohio Public Employees Retirement System (OPERS)
Ohio
$166K +$46.7K +2,062 +39%
Teacher Retirement System of Texas
98
Teacher Retirement System of Texas
Texas
$114K +$58.8K +2,599 +104%
US Bancorp
99
US Bancorp
Minnesota
$90K -$13.1K -581 -13%
Bessemer Group
100
Bessemer Group
New Jersey
$67K

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.