PBF LOGISTICS LP
PBFX
PBFX was delisted on the 30th of November, 2022.
50 hedge funds and large institutions have $344M invested in PBF LOGISTICS LP in 2016 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 15 increasing their positions, 21 reducing their positions, and 7 closing their positions.
4% less funds holding
Funds holding: 52 → 50 (-2)
11% less capital invested
Capital invested by funds: $385M → $344M (-$41.2M)
14% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 7
29% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 21
59% less call options, than puts
Call options by funds: $704K | Put options by funds: $1.73M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
N
Nuveen
Charlotte,
North Carolina
|
+$3.27M |
| 2 |
CCCA
Center Coast Capital Advisors
Houston,
Texas
|
+$1.87M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$1.86M |
| 4 |
Parallax Volatility Advisers
San Francisco,
California
|
+$1.57M |
| 5 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
+$1.46M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$7.72M |
| 2 |
SCA
Salient Capital Advisors
Houston,
Texas
|
-$5.73M |
| 3 |
BAMCO Inc
New York
|
-$1.32M |
| 4 |
ClearBridge Investments
New York
|
-$1.21M |
| 5 |
Morgan Stanley
New York
|
-$1.18M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SRCM
51
Swift Run Capital Management
Charlottesville,
Virginia
| – | -$482K | -24,300 | Closed |
|
52
California Public Employees Retirement System
Sacramento,
California
| – | -$418K | -21,100 | Closed |
|
|
WHG
53
Westwood Holdings Group
Dallas,
Texas
| – | -$297K | -14,974 | Closed |
|
54
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$146K | -7,382 | Closed |
|
|
KTC
55
Kistler-Tiffany Companies
Berwyn,
Pennsylvania
| – | -$10K | -500 | Closed |
|
|
AIM
56
Acrospire Investment Management
Chicago,
Illinois
| – | -$5K | -239 | Closed |
|
57
BNP Paribas Financial Markets
Paris,
France
| – | -$198 | -10 | Closed |
|
PBFX Hedge Fund Activity: Q4 2016 in Review
50 of the 4,001 institutional investors tracked by Wall St. Rank reported a position in PBF LOGISTICS LP (PBFX) for Q4 2016, worth a combined $344M — down 11% from $385M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of PBFX and 6 opened new positions — a net loss of 1 holder — while 21 trimmed existing stakes and 15 added.
The largest buyer was Nuveen, opening a new position worth an estimated $3.27M. The largest seller was Deutsche Bank, cutting an estimated $7.72M.
- 50 institutional investors held PBF LOGISTICS LP (PBFX) as of Q4 2016, down from 52 in Q3 2016.
- Funds reported $344M of PBF LOGISTICS LP stock for Q4 2016, down 11% quarter-over-quarter.
- 6 funds opened new PBF LOGISTICS LP positions in Q4 2016 and 7 closed out, a net change of -1 holder.
- The largest PBF LOGISTICS LP buyer in Q4 2016 was Nuveen, an estimated $3.27M added.
- The largest PBF LOGISTICS LP seller in Q4 2016 was Deutsche Bank, an estimated $7.72M sold.
Based on aggregated 13F filings for Q4 2016.