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PBF Energy

218 hedge funds and large institutions have $2.52B invested in PBF Energy in 2017 Q1 according to their latest regulatory filings, with 39 funds opening new positions, 96 increasing their positions, 63 reducing their positions, and 42 closing their positions.

New
Increased
Maintained
Reduced
Closed

307% more call options, than puts

Call options by funds: $47.7M | Put options by funds: $11.7M

52% more repeat investments, than reductions

Existing positions increased: 96 | Existing positions reduced: 63

2.3% more ownership

Funds ownership: 101.84%104.14% (+2.3%)

7% less first-time investments, than exits

New positions opened: 39 | Existing positions closed: 42

4% less funds holding

Funds holding: 226218 (-8)

18% less capital invested

Capital invested by funds: $3.09B → $2.52B (-$565M)

43% less funds holding in top 10

Funds holding in top 10: 74 (-3)

Holders
218
Holders Change
-8
Holders Change %
-3.54%
% of All Funds
5.43%
Holding in Top 10
4
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-42.86%
% of All Funds
0.1%
New
39
Increased
96
Reduced
63
Closed
42
Calls
$47.7M
Puts
$11.7M
Net Calls
+$36M
Net Calls Change
-$6.62M
Name Holding Trade Value Shares
Change
Change in
Stake
BG
1
Baupost Group
Massachusetts
$349M
JP Morgan Chase
2
JP Morgan Chase
New York
$242M +$4.71M +201,060 +2%
Vanguard Group
3
Vanguard Group
Pennsylvania
$226M +$3.32M +141,619 +1%
Dimensional Fund Advisors
4
Dimensional Fund Advisors
Texas
$191M +$66.8M +2,850,233 +50%
Barrow, Hanley, Mewhinney & Strauss
5
Barrow, Hanley, Mewhinney & Strauss
Texas
$161M -$2.6M -110,980 -2%
BlackRock
6
BlackRock
New York
$104M +$109M +4,664,688 +14,495%
State Street
7
State Street
Massachusetts
$74.4M +$10.8M +460,879 +16%
Fuller & Thaler Asset Management
8
Fuller & Thaler Asset Management
California
$74.3M +$5.46M +232,726 +7%
SCM
9
Snow Capital Management
Pennsylvania
$70M +$580K +24,722 +0.8%
LSV Asset Management
10
LSV Asset Management
Illinois
$55.8M +$3.12M +133,178 +6%
Federated Hermes
11
Federated Hermes
Pennsylvania
$46.2M +$31.9M +1,359,898 +188%
Norges Bank
12
Norges Bank
Norway
$45.5M +$4.75M +202,781 +11%
PP
13
Prudential plc
United Kingdom
$40.4M +$15.8M +675,900 +59%
Goldman Sachs
14
Goldman Sachs
New York
$38M +$18.7M +798,744 +87%
Wells Fargo
15
Wells Fargo
California
$36.4M -$29.1M -1,242,435 -43%
Bank of America
16
Bank of America
North Carolina
$35.1M -$1.19M -50,732 -3%
Russell Investments Group
17
Russell Investments Group
United Kingdom
$33M -$1.62M -69,029 -4%
TC
18
Towle & Co
Colorado
$29M +$8.99M +383,490 +42%
Ameriprise
19
Ameriprise
Minnesota
$28.4M -$6.92M -295,070 -19%
Bank of New York Mellon
20
Bank of New York Mellon
New York
$26.3M -$13.6M -580,530 -33%
DRZID
21
DePrince Race & Zollo Inc (DRZ)
Florida
$24.2M -$6.18M -263,564 -19%
Comerica Bank
22
Comerica Bank
Texas
$23.5M +$3.51M +149,662 +17%
ACA
23
Anchor Capital Advisors
Massachusetts
$22.7M +$1.57M +66,835 +7%
Hotchkis & Wiley Capital Management
24
Hotchkis & Wiley Capital Management
California
$22.7M +$4.71M +200,920 +24%
Point72 Asset Management
25
Point72 Asset Management
Connecticut
$19.4M +$20.6M +876,800 New

PBF Hedge Fund Activity: Q1 2017 in Review

218 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in PBF Energy (PBF) for Q1 2017, worth a combined $2.52B — down 18% from $3.09B a quarter earlier.

Sellers outnumbered buyers: 42 funds closed out of PBF and 39 opened new positions — a net loss of 3 holders — while 63 trimmed existing stakes and 96 added.

The largest buyer was BlackRock, adding an estimated $109M. The largest seller was Balyasny Asset Management, cutting an estimated $52.7M.

  • 218 institutional investors held PBF Energy (PBF) as of Q1 2017, down from 226 in Q4 2016.
  • Funds reported $2.52B of PBF Energy stock for Q1 2017, down 18% quarter-over-quarter.
  • 39 funds opened new PBF Energy positions in Q1 2017 and 42 closed out, a net change of -3 holders.
  • The largest PBF Energy buyer in Q1 2017 was BlackRock, an estimated $109M added.
  • The largest PBF Energy seller in Q1 2017 was Balyasny Asset Management, an estimated $52.7M sold.

Based on aggregated 13F filings for Q1 2017.