PBF Energy
170 hedge funds and large institutions have $2.37B invested in PBF Energy in 2014 Q1 according to their latest regulatory filings, with 49 funds opening new positions, 76 increasing their positions, 30 reducing their positions, and 26 closing their positions.
241% more call options, than puts
Call options by funds: $28.2M | Put options by funds: $8.27M
153% more repeat investments, than reductions
Existing positions increased: 76 | Existing positions reduced: 30
88% more first-time investments, than exits
New positions opened: 49 | Existing positions closed: 26
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
15% more funds holding
Funds holding: 148 → 170 (+22)
3% more capital invested
Capital invested by funds: $2.31B → $2.37B (+$59.3M)
4.8% less ownership
Funds ownership: 172.29% → 167.49% (-4.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
+$127M |
| 2 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
+$108M |
| 3 |
BG
Baupost Group
Boston,
Massachusetts
|
+$91.4M |
| 4 |
FRGX
First Reserve GP XII
Stamford,
Connecticut
|
+$90.4M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$48M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Blackstone Inc
New York
|
-$199M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$17.5M |
| 3 |
BC
BHR Capital
New York
|
-$9.05M |
| 4 |
CCMH
Cornerstone Capital Management Holdings
New York
|
-$6.81M |
| 5 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
-$5.93M |
PBF Hedge Fund Activity: Q1 2014 in Review
170 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in PBF Energy (PBF) for Q1 2014, worth a combined $2.37B — up 2.6% from $2.31B a quarter earlier.
Buyers outnumbered sellers: 49 funds opened new PBF positions and 26 closed out — a net gain of 23 holders — while 76 added to existing stakes and 30 trimmed.
The largest buyer was Citigroup, adding an estimated $127M. The largest seller was Blackstone Inc, cutting an estimated $199M.
- 170 institutional investors held PBF Energy (PBF) as of Q1 2014, up from 148 in Q4 2013.
- Funds reported $2.37B of PBF Energy stock for Q1 2014, up 2.6% quarter-over-quarter.
- 49 funds opened new PBF Energy positions in Q1 2014 and 26 closed out, a net change of +23 holders.
- The largest PBF Energy buyer in Q1 2014 was Citigroup, an estimated $127M added.
- The largest PBF Energy seller in Q1 2014 was Blackstone Inc, an estimated $199M sold.
Based on aggregated 13F filings for Q1 2014.