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PBF Energy

293 hedge funds and large institutions have $3.17B invested in PBF Energy in 2019 Q2 according to their latest regulatory filings, with 50 funds opening new positions, 94 increasing their positions, 120 reducing their positions, and 71 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more funds holding in top 10

Funds holding in top 10: 13 (+2)

88% more call options, than puts

Call options by funds: $61.2M | Put options by funds: $32.6M

5.13% less ownership

Funds ownership: 90.14%85.01% (-5.1%)

5% less capital invested

Capital invested by funds: $3.36B → $3.17B (-$184M)

8% less funds holding

Funds holding: 318293 (-25)

22% less repeat investments, than reductions

Existing positions increased: 94 | Existing positions reduced: 120

30% less first-time investments, than exits

New positions opened: 50 | Existing positions closed: 71

Holders
293
Holders Change
-25
Holders Change %
-7.86%
% of All Funds
6.36%
Holding in Top 10
3
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+200%
% of All Funds
0.07%
New
50
Increased
94
Reduced
120
Closed
71
Calls
$61.2M
Puts
$32.6M
Net Calls
+$28.6M
Net Calls Change
+$30M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$339M -$3.71M -124,479 -1%
Vanguard Group
2
Vanguard Group
Pennsylvania
$332M -$11.1M -371,519 -3%
Dimensional Fund Advisors
3
Dimensional Fund Advisors
Texas
$243M +$1.98M +66,406 +0.9%
JP Morgan Chase
4
JP Morgan Chase
New York
$218M +$19.8M +662,269 +10%
State Street
5
State Street
Massachusetts
$145M +$3.79M +126,976 +3%
LSV Asset Management
6
LSV Asset Management
Illinois
$130M -$3.15M -105,600 -2%
Bank of New York Mellon
7
Bank of New York Mellon
New York
$119M -$17.4M -581,702 -13%
AQR Capital Management
8
AQR Capital Management
Connecticut
$95M -$86.6M -2,902,196 -48%
Millennium Management
9
Millennium Management
New York
$88.4M +$35M +1,171,283 +71%
Invesco
10
Invesco
Georgia
$71.9M +$15.8M +528,380 +30%
Norges Bank
11
Norges Bank
Norway
$50.7M
Goldman Sachs
12
Goldman Sachs
New York
$48.2M -$7.37M -246,786 -14%
Westfield Capital Management
13
Westfield Capital Management
Massachusetts
$47.3M -$2.15M -72,201 -5%
Northern Trust
14
Northern Trust
Illinois
$42.1M -$232K -7,781 -0.6%
Geode Capital Management
15
Geode Capital Management
Massachusetts
$40.9M -$5.06M -169,664 -11%
T. Rowe Price Associates
16
T. Rowe Price Associates
Maryland
$40.8M -$9.85K -330 -0%
VanEck Associates
17
VanEck Associates
New York
$38.1M +$17.9M +599,870 +97%
AL
18
AJO LP
Pennsylvania
$37.6M -$4.56M -152,649 -11%
TC
19
Towle & Co
Colorado
$36M +$19.5M +654,670 +132%
N
20
Nuveen
North Carolina
$32.1M +$30.6M +1,024,941 New
PP
21
Prudential plc
United Kingdom
$31.8M +$2.69M +90,000 +10%
Prudential Financial
22
Prudential Financial
New Jersey
$28.6M -$3.94M -131,958 -13%
Charles Schwab
23
Charles Schwab
California
$28M +$481K +16,104 +2%
Bank of Montreal
24
Bank of Montreal
Ontario, Canada
$26.6M -$58.8M -1,969,638 -70%
DG
25
Delek Group
Israel
$25.2M +$4.48M +150,000 +22%

PBF Hedge Fund Activity: Q2 2019 in Review

293 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in PBF Energy (PBF) for Q2 2019, worth a combined $3.17B — down 5.5% from $3.36B a quarter earlier.

Sellers outnumbered buyers: 71 funds closed out of PBF and 50 opened new positions — a net loss of 21 holders — while 120 trimmed existing stakes and 94 added.

The largest buyer was Millennium Management, adding an estimated $35M. The largest seller was AQR Capital Management, cutting an estimated $86.6M.

  • 293 institutional investors held PBF Energy (PBF) as of Q2 2019, down from 318 in Q1 2019.
  • Funds reported $3.17B of PBF Energy stock for Q2 2019, down 5.5% quarter-over-quarter.
  • 50 funds opened new PBF Energy positions in Q2 2019 and 71 closed out, a net change of -21 holders.
  • The largest PBF Energy buyer in Q2 2019 was Millennium Management, an estimated $35M added.
  • The largest PBF Energy seller in Q2 2019 was AQR Capital Management, an estimated $86.6M sold.

Based on aggregated 13F filings for Q2 2019.