PBF LOGISTICS LP
PBFX
PBFX was delisted on the 30th of November, 2022.
48 hedge funds and large institutions have $261M invested in PBF LOGISTICS LP in 2018 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 11 increasing their positions, 23 reducing their positions, and 8 closing their positions.
9% less funds holding
Funds holding: 53 → 48 (-5)
16% less capital invested
Capital invested by funds: $310M → $261M (-$49.1M)
21% less call options, than puts
Call options by funds: $1.55M | Put options by funds: $1.96M
52% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 23
63% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
O
OppenheimerFunds
New York
|
+$2.05M |
| 2 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
+$1.02M |
| 3 |
SOAMC
Spirit of America Management Corp
Syosset,
New York
|
+$735K |
| 4 |
SGCA
Steel Grove Capital Advisors
Memphis,
Tennessee
|
+$560K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$517K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Blackstone Inc
New York
|
-$27.2M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$4.62M |
| 3 |
Renaissance Technologies
New York
|
-$3.03M |
| 4 |
Morgan Stanley
New York
|
-$2.02M |
| 5 |
MWNA
Marshall Wace North America
New York
|
-$1.71M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Neuberger Berman Group
New York
| – | -$1.04M | -49,900 | Closed |
|
52
Arrowstreet Capital
Boston,
Massachusetts
| – | -$484K | -23,100 | Closed |
|
|
AA
53
ALPS Advisors
Denver,
Colorado
| – | -$467K | -22,296 | Closed |
|
54
Truist Financial
Charlotte,
North Carolina
| – | -$210K | -10,000 | Closed |
|
|
JMPWA
55
JP Morgan Private Wealth Advisors
San Francisco,
California
| – | -$205K | -9,805 | Closed |
|
|
AG
56
Advisor Group
Phoenix,
Arizona
| – | -$3K | -150 | Closed |
|
PBFX Hedge Fund Activity: Q1 2018 in Review
48 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in PBF LOGISTICS LP (PBFX) for Q1 2018, worth a combined $261M — down 16% from $310M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of PBFX and 3 opened new positions — a net loss of 5 holders — while 23 trimmed existing stakes and 11 added.
The largest buyer was OppenheimerFunds, adding an estimated $2.05M. The largest seller was Blackstone Inc, exiting entirely with an estimated $27.2M sold.
- 48 institutional investors held PBF LOGISTICS LP (PBFX) as of Q1 2018, down from 53 in Q4 2017.
- Funds reported $261M of PBF LOGISTICS LP stock for Q1 2018, down 16% quarter-over-quarter.
- 3 funds opened new PBF LOGISTICS LP positions in Q1 2018 and 8 closed out, a net change of -5 holders.
- The largest PBF LOGISTICS LP buyer in Q1 2018 was OppenheimerFunds, an estimated $2.05M added.
- The largest PBF LOGISTICS LP seller in Q1 2018 was Blackstone Inc, an estimated $27.2M sold.
Based on aggregated 13F filings for Q1 2018.