PBF LOGISTICS LP
PBFX
PBFX was delisted on the 30th of November, 2022.
40 hedge funds and large institutions have $296M invested in PBF LOGISTICS LP in 2015 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 17 increasing their positions, 11 reducing their positions, and 14 closing their positions.
55% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 11
5% more capital invested
Capital invested by funds: $282M → $296M (+$13.8M)
17% less funds holding
Funds holding: 48 → 40 (-8)
57% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 14
99% less call options, than puts
Call options by funds: $36K | Put options by funds: $3.27M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
+$15.4M |
| 2 |
Citigroup
New York
|
+$1.76M |
| 3 |
ClearBridge Investments
New York
|
+$1.18M |
| 4 |
AR
Advisory Research
Chicago,
Illinois
|
+$1.14M |
| 5 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
+$883K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MSA
Mason Street Advisors
Milwaukee,
Wisconsin
|
-$8.54M |
| 2 |
CIMLRA
CBRE Investment Management Listed Real Assets
Radnor,
Pennsylvania
|
-$5.44M |
| 3 |
MLICM
Metropolitan Life Insurance Company (MetLife)
New York
|
-$4.91M |
| 4 |
GOCM
Green Owl Capital Management
New York
|
-$4.28M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$3.94M |
PBFX Hedge Fund Activity: Q1 2015 in Review
40 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in PBF LOGISTICS LP (PBFX) for Q1 2015, worth a combined $296M — up 4.9% from $282M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of PBFX and 6 opened new positions — a net loss of 8 holders — while 11 trimmed existing stakes and 17 added.
The largest buyer was Kayne Anderson Capital Advisors, adding an estimated $15.4M. The largest seller was Mason Street Advisors, exiting entirely with an estimated $8.54M sold.
- 40 institutional investors held PBF LOGISTICS LP (PBFX) as of Q1 2015, down from 48 in Q4 2014.
- Funds reported $296M of PBF LOGISTICS LP stock for Q1 2015, up 4.9% quarter-over-quarter.
- 6 funds opened new PBF LOGISTICS LP positions in Q1 2015 and 14 closed out, a net change of -8 holders.
- The largest PBF LOGISTICS LP buyer in Q1 2015 was Kayne Anderson Capital Advisors, an estimated $15.4M added.
- The largest PBF LOGISTICS LP seller in Q1 2015 was Mason Street Advisors, an estimated $8.54M sold.
Based on aggregated 13F filings for Q1 2015.