PBF Energy
293 hedge funds and large institutions have $3.17B invested in PBF Energy in 2019 Q2 according to their latest regulatory filings, with 50 funds opening new positions, 94 increasing their positions, 120 reducing their positions, and 71 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
88% more call options, than puts
Call options by funds: $61.2M | Put options by funds: $32.6M
5.13% less ownership
Funds ownership: 90.14% → 85.01% (-5.1%)
5% less capital invested
Capital invested by funds: $3.36B → $3.17B (-$184M)
8% less funds holding
Funds holding: 318 → 293 (-25)
22% less repeat investments, than reductions
Existing positions increased: 94 | Existing positions reduced: 120
30% less first-time investments, than exits
New positions opened: 50 | Existing positions closed: 71
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$35M |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
+$30.6M |
| 3 |
PC
PointState Capital
New York
|
+$19.9M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$19.8M |
| 5 |
JP Morgan Chase
New York
|
+$19.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
-$86.6M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$58.8M |
| 3 |
APG Asset Management
Amsterdam,
Netherlands
|
-$54M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$22.2M |
| 5 |
Renaissance Technologies
New York
|
-$21.8M |
PBF Hedge Fund Activity: Q2 2019 in Review
293 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in PBF Energy (PBF) for Q2 2019, worth a combined $3.17B — down 5.5% from $3.36B a quarter earlier.
Sellers outnumbered buyers: 71 funds closed out of PBF and 50 opened new positions — a net loss of 21 holders — while 120 trimmed existing stakes and 94 added.
The largest buyer was Millennium Management, adding an estimated $35M. The largest seller was AQR Capital Management, cutting an estimated $86.6M.
- 293 institutional investors held PBF Energy (PBF) as of Q2 2019, down from 318 in Q1 2019.
- Funds reported $3.17B of PBF Energy stock for Q2 2019, down 5.5% quarter-over-quarter.
- 50 funds opened new PBF Energy positions in Q2 2019 and 71 closed out, a net change of -21 holders.
- The largest PBF Energy buyer in Q2 2019 was Millennium Management, an estimated $35M added.
- The largest PBF Energy seller in Q2 2019 was AQR Capital Management, an estimated $86.6M sold.
Based on aggregated 13F filings for Q2 2019.