PBF Energy
289 hedge funds and large institutions have $2.64B invested in PBF Energy in 2019 Q3 according to their latest regulatory filings, with 53 funds opening new positions, 86 increasing their positions, 116 reducing their positions, and 55 closing their positions.
102% more call options, than puts
Call options by funds: $56.8M | Put options by funds: $28.1M
4% less first-time investments, than exits
New positions opened: 53 | Existing positions closed: 55
1% less funds holding
Funds holding: 293 → 289 (-4)
3.89% less ownership
Funds ownership: 85.01% → 81.13% (-3.9%)
17% less capital invested
Capital invested by funds: $3.17B → $2.64B (-$531M)
26% less repeat investments, than reductions
Existing positions increased: 86 | Existing positions reduced: 116
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Prudential Financial
Newark,
New Jersey
|
+$14.7M |
| 2 |
Renaissance Technologies
New York
|
+$14.4M |
| 3 |
Westfield Capital Management
Boston,
Massachusetts
|
+$14.2M |
| 4 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$13.8M |
| 5 |
LM
Luminus Management
Houston,
Texas
|
+$13.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
-$60.8M |
| 2 |
BlackRock
New York
|
-$30.4M |
| 3 |
SI
Scout Investments
Kansas City,
Missouri
|
-$22.2M |
| 4 |
Goldman Sachs
New York
|
-$20.9M |
| 5 |
PC
PointState Capital
New York
|
-$20.9M |
PBF Hedge Fund Activity: Q3 2019 in Review
289 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in PBF Energy (PBF) for Q3 2019, worth a combined $2.64B — down 17% from $3.17B a quarter earlier.
Sellers outnumbered buyers: 55 funds closed out of PBF and 53 opened new positions — a net loss of 2 holders — while 116 trimmed existing stakes and 86 added.
The largest buyer was Prudential Financial, adding an estimated $14.7M. The largest seller was AQR Capital Management, cutting an estimated $60.8M.
- 289 institutional investors held PBF Energy (PBF) as of Q3 2019, down from 293 in Q2 2019.
- Funds reported $2.64B of PBF Energy stock for Q3 2019, down 17% quarter-over-quarter.
- 53 funds opened new PBF Energy positions in Q3 2019 and 55 closed out, a net change of -2 holders.
- The largest PBF Energy buyer in Q3 2019 was Prudential Financial, an estimated $14.7M added.
- The largest PBF Energy seller in Q3 2019 was AQR Capital Management, an estimated $60.8M sold.
Based on aggregated 13F filings for Q3 2019.