PBF Energy
233 hedge funds and large institutions have $992M invested in PBF Energy in 2020 Q2 according to their latest regulatory filings, with 33 funds opening new positions, 77 increasing their positions, 90 reducing their positions, and 65 closing their positions.
82% more call options, than puts
Call options by funds: $12.1M | Put options by funds: $6.66M
50% more capital invested
Capital invested by funds: $659M → $992M (+$332M)
3.14% more ownership
Funds ownership: 77.74% → 80.87% (+3.1%)
12% less funds holding
Funds holding: 266 → 233 (-33)
14% less repeat investments, than reductions
Existing positions increased: 77 | Existing positions reduced: 90
49% less first-time investments, than exits
New positions opened: 33 | Existing positions closed: 65
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$27.7M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
+$24.1M |
| 3 |
State Street
Boston,
Massachusetts
|
+$22.4M |
| 4 |
ACA
Anchor Capital Advisors
Boston,
Massachusetts
|
+$19.5M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$12.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$22M |
| 2 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$11.3M |
| 3 |
Millennium Management
New York
|
-$10.4M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$10.2M |
| 5 |
Bank of New York Mellon
New York
|
-$5.91M |
PBF Hedge Fund Activity: Q2 2020 in Review
233 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in PBF Energy (PBF) for Q2 2020, worth a combined $992M — up 50% from $659M a quarter earlier.
Sellers outnumbered buyers: 65 funds closed out of PBF and 33 opened new positions — a net loss of 32 holders — while 90 trimmed existing stakes and 77 added.
The largest buyer was BlackRock, adding an estimated $27.7M. The largest seller was JP Morgan Chase, cutting an estimated $22M.
- 233 institutional investors held PBF Energy (PBF) as of Q2 2020, down from 266 in Q1 2020.
- Funds reported $992M of PBF Energy stock for Q2 2020, up 50% quarter-over-quarter.
- 33 funds opened new PBF Energy positions in Q2 2020 and 65 closed out, a net change of -32 holders.
- The largest PBF Energy buyer in Q2 2020 was BlackRock, an estimated $27.7M added.
- The largest PBF Energy seller in Q2 2020 was JP Morgan Chase, an estimated $22M sold.
Based on aggregated 13F filings for Q2 2020.