PBF Energy
246 hedge funds and large institutions have $3.32B invested in PBF Energy in 2016 Q1 according to their latest regulatory filings, with 49 funds opening new positions, 79 increasing their positions, 95 reducing their positions, and 36 closing their positions.
36% more first-time investments, than exits
New positions opened: 49 | Existing positions closed: 36
5% more funds holding
Funds holding: 235 → 246 (+11)
1% more call options, than puts
Call options by funds: $22.2M | Put options by funds: $22M
1.72% less ownership
Funds ownership: 104.77% → 103.05% (-1.7%)
10% less funds holding in top 10
Funds holding in top 10: 10 → 9 (-1)
12% less capital invested
Capital invested by funds: $3.76B → $3.32B (-$439M)
17% less repeat investments, than reductions
Existing positions increased: 79 | Existing positions reduced: 95
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
+$75.1M |
| 2 |
JP Morgan Chase
New York
|
+$57.5M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
+$25.8M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$25.4M |
| 5 |
Bank of New York Mellon
New York
|
+$22.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$101M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
-$57.3M |
| 3 |
BRC
Blue Ridge Capital
New York
|
-$39.6M |
| 4 |
Renaissance Technologies
New York
|
-$36.9M |
| 5 |
Goldman Sachs
New York
|
-$22.3M |
PBF Hedge Fund Activity: Q1 2016 in Review
246 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in PBF Energy (PBF) for Q1 2016, worth a combined $3.32B — down 12% from $3.76B a quarter earlier.
Buyers outnumbered sellers: 49 funds opened new PBF positions and 36 closed out — a net gain of 13 holders — while 79 added to existing stakes and 95 trimmed.
The largest buyer was Barrow, Hanley, Mewhinney & Strauss, adding an estimated $75.1M. The largest seller was Millennium Management, cutting an estimated $101M.
- 246 institutional investors held PBF Energy (PBF) as of Q1 2016, up from 235 in Q4 2015.
- Funds reported $3.32B of PBF Energy stock for Q1 2016, down 12% quarter-over-quarter.
- 49 funds opened new PBF Energy positions in Q1 2016 and 36 closed out, a net change of +13 holders.
- The largest PBF Energy buyer in Q1 2016 was Barrow, Hanley, Mewhinney & Strauss, an estimated $75.1M added.
- The largest PBF Energy seller in Q1 2016 was Millennium Management, an estimated $101M sold.
Based on aggregated 13F filings for Q1 2016.