PBF Energy
148 hedge funds and large institutions have $2.31B invested in PBF Energy in 2013 Q4 according to their latest regulatory filings, with 58 funds opening new positions, 36 increasing their positions, 40 reducing their positions, and 21 closing their positions.
176% more first-time investments, than exits
New positions opened: 58 | Existing positions closed: 21
142% more call options, than puts
Call options by funds: $57M | Put options by funds: $23.6M
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
33% more funds holding
Funds holding: 111 → 148 (+37)
19% more capital invested
Capital invested by funds: $1.93B → $2.31B (+$373M)
2.54% more ownership
Funds ownership: 169.75% → 172.29% (+2.5%)
10% less repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 40
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BRC
Blue Ridge Capital
New York
|
+$86.2M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
+$33.5M |
| 3 |
BG
Baupost Group
Boston,
Massachusetts
|
+$27.9M |
| 4 |
D.E. Shaw & Co
New York
|
+$23.4M |
| 5 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
+$22.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Select Equity Group
New York
|
-$85.6M |
| 2 |
BC
BHR Capital
New York
|
-$43.3M |
| 3 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
-$37.2M |
| 4 |
CC
Carlson Capital
Dallas,
Texas
|
-$23.1M |
| 5 |
MAI
Marble Arch Investments
New York
|
-$20.3M |
PBF Hedge Fund Activity: Q4 2013 in Review
148 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in PBF Energy (PBF) for Q4 2013, worth a combined $2.31B — up 19% from $1.93B a quarter earlier.
Buyers outnumbered sellers: 58 funds opened new PBF positions and 21 closed out — a net gain of 37 holders — while 36 added to existing stakes and 40 trimmed.
The largest buyer was Blue Ridge Capital, opening a new position worth an estimated $86.2M. The largest seller was Select Equity Group, cutting an estimated $85.6M.
- 148 institutional investors held PBF Energy (PBF) as of Q4 2013, up from 111 in Q3 2013.
- Funds reported $2.31B of PBF Energy stock for Q4 2013, up 19% quarter-over-quarter.
- 58 funds opened new PBF Energy positions in Q4 2013 and 21 closed out, a net change of +37 holders.
- The largest PBF Energy buyer in Q4 2013 was Blue Ridge Capital, an estimated $86.2M added.
- The largest PBF Energy seller in Q4 2013 was Select Equity Group, an estimated $85.6M sold.
Based on aggregated 13F filings for Q4 2013.