PBF LOGISTICS LP
PBFX
PBFX was delisted on the 30th of November, 2022.
48 hedge funds and large institutions have $329M invested in PBF LOGISTICS LP in 2017 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 11 increasing their positions, 13 reducing their positions, and 13 closing their positions.
8% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 13
2% less funds holding
Funds holding: 49 → 48 (-1)
5% less capital invested
Capital invested by funds: $347M → $329M (-$18.2M)
15% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 13
42% less call options, than puts
Call options by funds: $689K | Put options by funds: $1.19M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$2.62M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$1.86M |
| 3 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$1.32M |
| 4 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
+$1.21M |
| 5 |
Neuberger Berman Group
New York
|
+$1.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
-$32.5M |
| 2 |
CCCA
Center Coast Capital Advisors
Houston,
Texas
|
-$9.39M |
| 3 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
-$4.82M |
| 4 |
AR
Advisory Research
Chicago,
Illinois
|
-$2.16M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
-$1.39M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NIM
51
NXG Investment Management
Dallas,
Texas
| – | -$973K | -49,900 | Closed |
|
52
JP Morgan Chase
New York
| – | -$884K | -45,322 | Closed |
|
53
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$488K | -25,000 | Closed |
|
54
Verition Fund Management
Greenwich,
Connecticut
| – | -$488K | -25,000 | Closed |
|
55
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$300K | -14,477 | Closed |
|
|
CG
56
Cutler Group
San Francisco,
California
| – | -$220K | -10,628 | Closed |
|
|
AIM
57
Acrospire Investment Management
Chicago,
Illinois
| – | -$39K | -1,979 | Closed |
|
|
PFO
58
Pathstone Family Office
Englewood,
New Jersey
| – | -$23K | -1,200 | Closed |
|
|
DADC
59
D.A. Davidson & Co
Great Falls,
Montana
| – | -$18K | -955 | Closed |
|
|
SAM
60
Solaris Asset Management
New York
| – | -$18K | -900 | Closed |
|
61
Walleye Trading
New York
| – | -$10 | -500 | Closed |
|
PBFX Hedge Fund Activity: Q3 2017 in Review
48 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in PBF LOGISTICS LP (PBFX) for Q3 2017, worth a combined $329M — down 5.2% from $347M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of PBFX and 12 opened new positions — a net loss of 1 holder — while 13 trimmed existing stakes and 11 added.
The largest buyer was UBS Group, adding an estimated $2.62M. The largest seller was Kayne Anderson Capital Advisors, exiting entirely with an estimated $32.5M sold.
- 48 institutional investors held PBF LOGISTICS LP (PBFX) as of Q3 2017, down from 49 in Q2 2017.
- Funds reported $329M of PBF LOGISTICS LP stock for Q3 2017, down 5.2% quarter-over-quarter.
- 12 funds opened new PBF LOGISTICS LP positions in Q3 2017 and 13 closed out, a net change of -1 holder.
- The largest PBF LOGISTICS LP buyer in Q3 2017 was UBS Group, an estimated $2.62M added.
- The largest PBF LOGISTICS LP seller in Q3 2017 was Kayne Anderson Capital Advisors, an estimated $32.5M sold.
Based on aggregated 13F filings for Q3 2017.