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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
Citigroup
101
Citigroup
New York
$58K +$24.5K +1,082 +72%
PNC Financial Services Group
102
PNC Financial Services Group
Pennsylvania
$42K +$30.3K +1,340 +257%
AIG
103
American International Group
New York
$20.2K +$3.94K +174 +24%
HHMI
104
Howard Hughes Medical Institute
Maryland
$20K +$1.7K +75 +9%
BJ
105
BlackRock Japan
Japan
$18K -$339K -14,967 -95%
Public Employees Retirement Association of Colorado
106
Public Employees Retirement Association of Colorado
Colorado
$18K
FNYS
107
First New York Securities
New York
$16K -$96.7K -4,273 -85%
MLICM
108
Metropolitan Life Insurance Company (MetLife)
New York
$15K +$543 +24 +4%
Envestnet Asset Management
109
Envestnet Asset Management
Illinois
$2K
WA
110
Waverly Advisors
Alabama
$1K +$1.18K +52 New
Manulife (Manufacturers Life Insurance)
111
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$25 +$19.8K +875 +371%
JP
112
Jana Partners
New York
-$57.8M -2,231,287 Closed
JHIU
113
Janus Henderson Investors US
Colorado
-$42.9M -1,657,105 Closed
American Century Companies
114
American Century Companies
Missouri
-$15.1M -581,481 Closed
ZP
115
Zimmer Partners
New York
-$13.6M -525,000 Closed
ARTA
116
A.R.T. Advisors
New York
-$8.09M -312,187 Closed
PCM
117
Panning Capital Management
New York
-$7.77M -300,000 Closed
NI
118
Numeric Investors
Massachusetts
-$7.3M -282,000 Closed
AQR Capital Management
119
AQR Capital Management
Connecticut
-$6.78M -261,728 Closed
ACPU
120
Arrowgrass Capital Partners (US)
Delaware
-$6.08M -234,600 Closed
ARC
121
Absolute Return Capital
Massachusetts
-$5.08M -196,320 Closed
EAM
122
Eagle Asset Management
Florida
-$4.36M -168,217 Closed
UOC
123
UBS O'Connor
Illinois
-$3.79M -146,355 Closed
CGI
124
CI Global Investments
California
-$2.88M -111,100 Closed
CC
125
Cambrian Capital
California
-$2.46M -95,000 Closed

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.