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PBF Energy

235 hedge funds and large institutions have $3.76B invested in PBF Energy in 2015 Q4 according to their latest regulatory filings, with 55 funds opening new positions, 91 increasing their positions, 72 reducing their positions, and 34 closing their positions.

New
Increased
Maintained
Reduced
Closed

67% more funds holding in top 10

Funds holding in top 10: 610 (+4)

62% more first-time investments, than exits

New positions opened: 55 | Existing positions closed: 34

43% more capital invested

Capital invested by funds: $2.63B → $3.76B (+$1.13B)

26% more repeat investments, than reductions

Existing positions increased: 91 | Existing positions reduced: 72

9% more funds holding

Funds holding: 216235 (+19)

3.93% less ownership

Funds ownership: 108.7%104.77% (-3.9%)

20% less call options, than puts

Call options by funds: $28.5M | Put options by funds: $35.7M

Holders
235
Holders Change
+19
Holders Change %
+8.8%
% of All Funds
6.16%
Holding in Top 10
10
Holding in Top 10 Change
+4
Holding in Top 10 Change %
+66.67%
% of All Funds
0.26%
New
55
Increased
91
Reduced
72
Closed
34
Calls
$28.5M
Puts
$35.7M
Net Calls
-$7.23M
Net Calls Change
+$8.74M
Name Holding Trade Value Shares
Change
Change in
Stake
BG
1
Baupost Group
Massachusetts
$406M
Vanguard Group
2
Vanguard Group
Pennsylvania
$351M +$29.4M +833,867 +10%
JP Morgan Chase
3
JP Morgan Chase
New York
$220M -$24.7M -701,070 -10%
Dimensional Fund Advisors
4
Dimensional Fund Advisors
Texas
$181M +$7.21M +204,472 +4%
Millennium Management
5
Millennium Management
New York
$152M +$131M +3,721,492 +893%
Barrow, Hanley, Mewhinney & Strauss
6
Barrow, Hanley, Mewhinney & Strauss
Texas
$145M +$139M +3,950,178 New
Acadian Asset Management
7
Acadian Asset Management
Massachusetts
$137M +$11.3M +321,343 +9%
D.E. Shaw & Co
8
D.E. Shaw & Co
New York
$116M -$76.9M -2,181,429 -41%
SCM
9
Snow Capital Management
Pennsylvania
$114M -$20.5M -582,403 -16%
Goldman Sachs
10
Goldman Sachs
New York
$103M +$31.6M +896,643 +47%
KL
11
KGH Ltd
Bahamas
$93.8M +$17.6M +498,650 +24%
BIT
12
BlackRock Institutional Trust
California
$87.4M +$8.47M +240,317 +11%
BRC
13
Blue Ridge Capital
New York
$87.2M -$27.9M -790,000 -25%
State Street
14
State Street
Massachusetts
$78.3M +$13.5M +382,924 +22%
SCM
15
Steadfast Capital Management
New York
$76.7M +$73.4M +2,082,935 New
Renaissance Technologies
16
Renaissance Technologies
New York
$74.9M +$35M +992,500 +95%
Point72 Asset Management
17
Point72 Asset Management
Connecticut
$73.1M +$70M +1,985,300 New
Wellington Management Group
18
Wellington Management Group
Massachusetts
$66.3M +$15.2M +432,531 +32%
Fuller & Thaler Asset Management
19
Fuller & Thaler Asset Management
California
$59.4M +$13.7M +389,014 +32%
RFC
20
Russell Frank Company
Washington
$46.5M -$1.71M -48,422 -4%
BFA
21
BlackRock Fund Advisors
California
$44.3M +$4.88M +138,335 +13%
Norges Bank
22
Norges Bank
Norway
$43.3M +$1.71M +48,574 +4%
LSV Asset Management
23
LSV Asset Management
Illinois
$40.4M +$2.05M +58,200 +6%
Fidelity Investments
24
Fidelity Investments
Massachusetts
$36.5M +$22.2M +629,049 +174%
PPA
25
Parametric Portfolio Associates
Washington
$36.2M +$5.13M +145,408 +17%

PBF Hedge Fund Activity: Q4 2015 in Review

235 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in PBF Energy (PBF) for Q4 2015, worth a combined $3.76B — up 43% from $2.63B a quarter earlier.

Buyers outnumbered sellers: 55 funds opened new PBF positions and 34 closed out — a net gain of 21 holders — while 91 added to existing stakes and 72 trimmed.

The largest buyer was Barrow, Hanley, Mewhinney & Strauss, opening a new position worth an estimated $139M. The largest seller was Select Equity Group, exiting entirely with an estimated $121M sold.

  • 235 institutional investors held PBF Energy (PBF) as of Q4 2015, up from 216 in Q3 2015.
  • Funds reported $3.76B of PBF Energy stock for Q4 2015, up 43% quarter-over-quarter.
  • 55 funds opened new PBF Energy positions in Q4 2015 and 34 closed out, a net change of +21 holders.
  • The largest PBF Energy buyer in Q4 2015 was Barrow, Hanley, Mewhinney & Strauss, an estimated $139M added.
  • The largest PBF Energy seller in Q4 2015 was Select Equity Group, an estimated $121M sold.

Based on aggregated 13F filings for Q4 2015.