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PBF Energy

395 hedge funds and large institutions have $4.51B invested in PBF Energy in 2023 Q4 according to their latest regulatory filings, with 77 funds opening new positions, 117 increasing their positions, 152 reducing their positions, and 64 closing their positions.

New
Increased
Maintained
Reduced
Closed

105% more call options, than puts

Call options by funds: $185M | Put options by funds: $90.3M

20% more first-time investments, than exits

New positions opened: 77 | Existing positions closed: 64

3.62% more ownership

Funds ownership: 80.38%83.99% (+3.6%)

3% more funds holding

Funds holding: 385395 (+10)

15% less capital invested

Capital invested by funds: $5.33B → $4.51B (-$818M)

23% less repeat investments, than reductions

Existing positions increased: 117 | Existing positions reduced: 152

50% less funds holding in top 10

Funds holding in top 10: 84 (-4)

Holders
395
Holders Change
+10
Holders Change %
+2.6%
% of All Funds
5.76%
Holding in Top 10
4
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-50%
% of All Funds
0.06%
New
77
Increased
117
Reduced
152
Closed
64
Calls
$185M
Puts
$90.3M
Net Calls
+$94.9M
Net Calls Change
-$35.7M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$667M +$67.1M +1,478,350 +11%
Vanguard Group
2
Vanguard Group
Pennsylvania
$514M +$3.15M +69,422 +0.6%
Dimensional Fund Advisors
3
Dimensional Fund Advisors
Texas
$324M +$5.47M +120,414 +2%
State Street
4
State Street
Massachusetts
$264M +$20.2M +445,133 +8%
Morgan Stanley
5
Morgan Stanley
New York
$171M +$89.5M +1,971,825 +103%
Arrowstreet Capital
6
Arrowstreet Capital
Massachusetts
$135M -$14M -307,305 -9%
Bank of New York Mellon
7
Bank of New York Mellon
New York
$128M -$19.1M -421,100 -13%
Geode Capital Management
8
Geode Capital Management
Massachusetts
$111M -$5.14M -113,126 -4%
Invesco
9
Invesco
Georgia
$80.5M +$17.5M +386,498 +27%
Citadel Advisors
10
Citadel Advisors
Florida
$78M +$9.99M +219,910 +14%
Macquarie Group
11
Macquarie Group
Australia
$76.2M +$14.9M +327,919 +23%
Two Sigma Investments
12
Two Sigma Investments
New York
$75.3M +$38.4M +844,616 +97%
Goldman Sachs
13
Goldman Sachs
New York
$71.1M -$38.7M -852,086 -34%
Two Sigma Advisers
14
Two Sigma Advisers
New York
$70.5M +$9.92M +218,500 +16%
Northern Trust
15
Northern Trust
Illinois
$65.1M -$1.31M -28,943 -2%
Voloridge Investment Management
16
Voloridge Investment Management
Florida
$62.1M +$28.2M +620,711 +78%
Charles Schwab
17
Charles Schwab
California
$61.4M -$224K -4,932 -0.4%
Deutsche Bank
18
Deutsche Bank
Germany
$60.9M +$51.7M +1,139,436 +463%
LSV Asset Management
19
LSV Asset Management
Illinois
$56M +$9.83M +216,400 +20%
AssetMark Inc
20
AssetMark Inc
California
$56M -$6.21M -136,773 -10%
Norges Bank
21
Norges Bank
Norway
$54.8M -$18.4M -406,088 -25%
Renaissance Technologies
22
Renaissance Technologies
New York
$54.1M -$7.93M -174,600 -12%
Acadian Asset Management
23
Acadian Asset Management
Massachusetts
$44.2M +$1.8M +39,550 +4%
Bank of America
24
Bank of America
North Carolina
$43.5M -$9.49M -208,940 -17%
American Century Companies
25
American Century Companies
Missouri
$42.3M +$1.26M +27,846 +3%

PBF Hedge Fund Activity: Q4 2023 in Review

395 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in PBF Energy (PBF) for Q4 2023, worth a combined $4.51B — down 15% from $5.33B a quarter earlier.

Buyers outnumbered sellers: 77 funds opened new PBF positions and 64 closed out — a net gain of 13 holders — while 117 added to existing stakes and 152 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $89.5M. The largest seller was Goldman Sachs, cutting an estimated $38.7M.

  • 395 institutional investors held PBF Energy (PBF) as of Q4 2023, up from 385 in Q3 2023.
  • Funds reported $4.51B of PBF Energy stock for Q4 2023, down 15% quarter-over-quarter.
  • 77 funds opened new PBF Energy positions in Q4 2023 and 64 closed out, a net change of +13 holders.
  • The largest PBF Energy buyer in Q4 2023 was Morgan Stanley, an estimated $89.5M added.
  • The largest PBF Energy seller in Q4 2023 was Goldman Sachs, an estimated $38.7M sold.

Based on aggregated 13F filings for Q4 2023.