PBF Energy
213 hedge funds and large institutions have $2.33B invested in PBF Energy in 2016 Q3 according to their latest regulatory filings, with 43 funds opening new positions, 83 increasing their positions, 75 reducing their positions, and 61 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
11% more repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 75
4.14% more ownership
Funds ownership: 101.17% → 105.31% (+4.1%)
7% more call options, than puts
Call options by funds: $23.2M | Put options by funds: $21.6M
1% less capital invested
Capital invested by funds: $2.35B → $2.33B (-$22.5M)
9% less funds holding
Funds holding: 233 → 213 (-20)
30% less first-time investments, than exits
New positions opened: 43 | Existing positions closed: 61
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BG
Baupost Group
Boston,
Massachusetts
|
+$114M |
| 2 |
JP Morgan Chase
New York
|
+$59M |
| 3 |
DIA
Denver Investment Advisors
Denver,
Colorado
|
+$19.3M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
+$18.3M |
| 5 |
State Street
Boston,
Massachusetts
|
+$16.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KL
KGH Ltd
Nassau,
Bahamas
|
-$46.3M |
| 2 |
D.E. Shaw & Co
New York
|
-$38.1M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$27M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
-$21.5M |
| 5 |
Millennium Management
New York
|
-$19.1M |
PBF Hedge Fund Activity: Q3 2016 in Review
213 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in PBF Energy (PBF) for Q3 2016, worth a combined $2.33B — down 0.95% from $2.35B a quarter earlier.
Sellers outnumbered buyers: 61 funds closed out of PBF and 43 opened new positions — a net loss of 18 holders — while 75 trimmed existing stakes and 83 added.
The largest buyer was Baupost Group, adding an estimated $114M. The largest seller was KGH Ltd, exiting entirely with an estimated $46.3M sold.
- 213 institutional investors held PBF Energy (PBF) as of Q3 2016, down from 233 in Q2 2016.
- Funds reported $2.33B of PBF Energy stock for Q3 2016, down 0.95% quarter-over-quarter.
- 43 funds opened new PBF Energy positions in Q3 2016 and 61 closed out, a net change of -18 holders.
- The largest PBF Energy buyer in Q3 2016 was Baupost Group, an estimated $114M added.
- The largest PBF Energy seller in Q3 2016 was KGH Ltd, an estimated $46.3M sold.
Based on aggregated 13F filings for Q3 2016.