PBF LOGISTICS LP
PBFX
PBFX was delisted on the 30th of November, 2022.
53 hedge funds and large institutions have $310M invested in PBF LOGISTICS LP in 2017 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 17 increasing their positions, 14 reducing their positions, and 4 closing their positions.
150% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 4
21% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 14
10% more funds holding
Funds holding: 48 → 53 (+5)
6% less call options, than puts
Call options by funds: $1.53M | Put options by funds: $1.63M
6% less capital invested
Capital invested by funds: $329M → $310M (-$18.4M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Blackstone Inc
New York
|
+$26.1M |
| 2 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
+$4.11M |
| 3 |
SGCA
Steel Grove Capital Advisors
Memphis,
Tennessee
|
+$2.23M |
| 4 |
MWNA
Marshall Wace North America
New York
|
+$1.64M |
| 5 |
Morgan Stanley
New York
|
+$1.53M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCCA
Center Coast Capital Advisors
Houston,
Texas
|
-$22.8M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$6.34M |
| 3 |
ClearBridge Investments
New York
|
-$1.47M |
| 4 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$1.25M |
| 5 |
MLICM
Metropolitan Life Insurance Company (MetLife)
New York
|
-$1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LTFS
51
Ladenburg Thalmann Financial Services
Miami,
Florida
| $6K | +$5.59K | +279 | New |
|
|
APA
52
American Portfolios Advisors
Holbrook,
New York
| $5.24K | +$5.01K | +250 | New |
|
|
AG
53
Advisor Group
Phoenix,
Arizona
| $3K | – | – | – |
|
|
CCCA
54
Center Coast Capital Advisors
Houston,
Texas
| – | -$22.8M | -1,087,920 | Closed |
|
55
Ameriprise
Minneapolis,
Minnesota
| – | -$409K | -19,493 | Closed |
|
|
ARTA
56
A.R.T. Advisors
New York
| – | -$312K | -14,873 | Closed |
|
|
NFG
57
Next Financial Group
Houston,
Texas
| – | -$15K | -750 | Closed |
|
PBFX Hedge Fund Activity: Q4 2017 in Review
53 of the 4,410 institutional investors tracked by Wall St. Rank reported a position in PBF LOGISTICS LP (PBFX) for Q4 2017, worth a combined $310M — down 5.6% from $329M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new PBFX positions and 4 closed out — a net gain of 6 holders — while 17 added to existing stakes and 14 trimmed.
The largest buyer was Blackstone Inc, opening a new position worth an estimated $26.1M. The largest seller was Center Coast Capital Advisors, exiting entirely with an estimated $22.8M sold.
- 53 institutional investors held PBF LOGISTICS LP (PBFX) as of Q4 2017, up from 48 in Q3 2017.
- Funds reported $310M of PBF LOGISTICS LP stock for Q4 2017, down 5.6% quarter-over-quarter.
- 10 funds opened new PBF LOGISTICS LP positions in Q4 2017 and 4 closed out, a net change of +6 holders.
- The largest PBF LOGISTICS LP buyer in Q4 2017 was Blackstone Inc, an estimated $26.1M added.
- The largest PBF LOGISTICS LP seller in Q4 2017 was Center Coast Capital Advisors, an estimated $22.8M sold.
Based on aggregated 13F filings for Q4 2017.