PBF Energy
215 hedge funds and large institutions have $520M invested in PBF Energy in 2020 Q3 according to their latest regulatory filings, with 30 funds opening new positions, 66 increasing their positions, 83 reducing their positions, and 48 closing their positions.
29% more call options, than puts
Call options by funds: $3.42M | Put options by funds: $2.66M
4.75% less ownership
Funds ownership: 80.87% → 76.12% (-4.8%)
8% less funds holding
Funds holding: 233 → 215 (-18)
20% less repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 83
38% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 48
48% less capital invested
Capital invested by funds: $992M → $520M (-$472M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$39.2M |
| 2 |
SCM
SIR Capital Management
New York
|
+$18.5M |
| 3 |
ECA
Encompass Capital Advisors
New York
|
+$11.2M |
| 4 |
Voloridge Investment Management
Jupiter,
Florida
|
+$11.2M |
| 5 |
Two Sigma Advisers
New York
|
+$9.59M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$21.3M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
-$19.5M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
-$15M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$14.6M |
| 5 |
TC
Towle & Co
Denver,
Colorado
|
-$14M |
PBF Hedge Fund Activity: Q3 2020 in Review
215 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in PBF Energy (PBF) for Q3 2020, worth a combined $520M — down 48% from $992M a quarter earlier.
Sellers outnumbered buyers: 48 funds closed out of PBF and 30 opened new positions — a net loss of 18 holders — while 83 trimmed existing stakes and 66 added.
The largest buyer was BlackRock, adding an estimated $39.2M. The largest seller was First Trust Advisors, cutting an estimated $21.3M.
- 215 institutional investors held PBF Energy (PBF) as of Q3 2020, down from 233 in Q2 2020.
- Funds reported $520M of PBF Energy stock for Q3 2020, down 48% quarter-over-quarter.
- 30 funds opened new PBF Energy positions in Q3 2020 and 48 closed out, a net change of -18 holders.
- The largest PBF Energy buyer in Q3 2020 was BlackRock, an estimated $39.2M added.
- The largest PBF Energy seller in Q3 2020 was First Trust Advisors, an estimated $21.3M sold.
Based on aggregated 13F filings for Q3 2020.