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.
67% more funds holding in top 10
Funds holding in top 10: 6 → 10 (+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: 216 → 235 (+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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
+$139M |
| 2 |
Millennium Management
New York
|
+$131M |
| 3 |
SCM
Steadfast Capital Management
New York
|
+$73.4M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
+$70M |
| 5 |
Renaissance Technologies
New York
|
+$35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Select Equity Group
New York
|
-$121M |
| 2 |
D.E. Shaw & Co
New York
|
-$76.9M |
| 3 |
BRC
Blue Ridge Capital
New York
|
-$27.9M |
| 4 |
TSW
Thompson Siegel & Walmsley
Richmond,
Virginia
|
-$26.2M |
| 5 |
JP Morgan Chase
New York
|
-$24.7M |
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.