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PBF Energy

206 hedge funds and large institutions have $2.34B invested in PBF Energy in 2014 Q4 according to their latest regulatory filings, with 43 funds opening new positions, 71 increasing their positions, 71 reducing their positions, and 28 closing their positions.

New
Increased
Maintained
Reduced
Closed

171% more call options, than puts

Call options by funds: $34.7M | Put options by funds: $12.8M

54% more first-time investments, than exits

New positions opened: 43 | Existing positions closed: 28

6.23% more ownership

Funds ownership: 97.97%104.2% (+6.2%)

5% more funds holding

Funds holding: 196206 (+10)

0% more funds holding in top 10

Funds holding in top 10: 55 (0)

0% more repeat investments, than reductions

Existing positions increased: 71 | Existing positions reduced: 71

31% less capital invested

Capital invested by funds: $3.36B → $2.34B (-$1.03B)

Holders
206
Holders Change
+10
Holders Change %
+5.1%
% of All Funds
5.49%
Holding in Top 10
5
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.13%
New
43
Increased
71
Reduced
71
Closed
28
Calls
$34.7M
Puts
$12.8M
Net Calls
+$21.9M
Net Calls Change
-$6.2M
Name Holding Trade Value Shares
Change
Change in
Stake
BG
1
Baupost Group
Massachusetts
$231M +$39.5M +1,517,696 +21%
JP Morgan Chase
2
JP Morgan Chase
New York
$175M +$7.45M +286,178 +5%
Vanguard Group
3
Vanguard Group
Pennsylvania
$139M +$1.02M +39,057 +0.8%
Select Equity Group
4
Select Equity Group
New York
$125M +$15.6M +597,774 +15%
D.E. Shaw & Co
5
D.E. Shaw & Co
New York
$121M +$29.9M +1,147,693 +34%
SCM
6
Snow Capital Management
Pennsylvania
$104M +$9.49M +364,152 +10%
SFM
7
Systematic Financial Management
New Jersey
$92M -$14.5M -558,204 -14%
Blackstone Inc
8
Blackstone Inc
New York
$85.5M
BRC
9
Blue Ridge Capital
New York
$84.2M
Millennium Management
10
Millennium Management
New York
$65.4M -$5.18M -198,684 -7%
ACM
11
Addison Clark Management
Connecticut
$59.7M -$7.26M -278,549 -11%
Dimensional Fund Advisors
12
Dimensional Fund Advisors
Texas
$57.1M +$19.5M +746,734 +54%
BIT
13
BlackRock Institutional Trust
California
$51.9M -$14M -537,386 -22%
Comerica Bank
14
Comerica Bank
Texas
$50.6M +$24.9M +955,934 +101%
DRZID
15
DePrince Race & Zollo Inc (DRZ)
Florida
$45.6M +$4.8M +184,138 +12%
KL
16
KGH Ltd
Bahamas
$42.1M +$38.1M +1,463,386 New
State Street
17
State Street
Massachusetts
$39.3M -$3.12M -119,792 -8%
RFC
18
Russell Frank Company
Washington
$31.3M +$8.47M +325,065 +38%
TSW
19
Thompson Siegel & Walmsley
Virginia
$31.2M -$46.7K -1,794 -0.2%
Acadian Asset Management
20
Acadian Asset Management
Massachusetts
$31M +$27.9M +1,072,334 +1,173%
Goldman Sachs
21
Goldman Sachs
New York
$25.7M -$16.8M -643,821 -40%
NM
22
Nokota Management
New York
$24.4M
Bank of America
23
Bank of America
North Carolina
$23.5M +$15.1M +579,695 +192%
BFA
24
BlackRock Fund Advisors
California
$23.2M +$4.17M +160,231 +22%
Morgan Stanley
25
Morgan Stanley
New York
$22M -$4.27M -163,871 -17%

PBF Hedge Fund Activity: Q4 2014 in Review

206 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in PBF Energy (PBF) for Q4 2014, worth a combined $2.34B — down 31% from $3.36B a quarter earlier.

Buyers outnumbered sellers: 43 funds opened new PBF positions and 28 closed out — a net gain of 15 holders — while 71 added to existing stakes and 71 trimmed.

The largest buyer was Baupost Group, adding an estimated $39.5M. The largest seller was Americafirst Capital Management, exiting entirely with an estimated $1.29B sold.

  • 206 institutional investors held PBF Energy (PBF) as of Q4 2014, up from 196 in Q3 2014.
  • Funds reported $2.34B of PBF Energy stock for Q4 2014, down 31% quarter-over-quarter.
  • 43 funds opened new PBF Energy positions in Q4 2014 and 28 closed out, a net change of +15 holders.
  • The largest PBF Energy buyer in Q4 2014 was Baupost Group, an estimated $39.5M added.
  • The largest PBF Energy seller in Q4 2014 was Americafirst Capital Management, an estimated $1.29B sold.

Based on aggregated 13F filings for Q4 2014.