PBF LOGISTICS LP
PBFX
PBFX was delisted on the 30th of November, 2022.
52 hedge funds and large institutions have $311M invested in PBF LOGISTICS LP in 2018 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 16 increasing their positions, 15 reducing their positions, and 7 closing their positions.
71% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 7
45% more call options, than puts
Call options by funds: $1.1M | Put options by funds: $760K
11% more funds holding
Funds holding: 47 → 52 (+5)
7% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 15
5% less capital invested
Capital invested by funds: $327M → $311M (-$15.6M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$13M |
| 2 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
+$3.45M |
| 3 |
AR
Advisory Research
Chicago,
Illinois
|
+$3.16M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$1.56M |
| 5 |
M&T Bank
Buffalo,
New York
|
+$494K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ClearBridge Investments
New York
|
-$3.23M |
| 2 |
Renaissance Technologies
New York
|
-$2.19M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$2.13M |
| 4 |
SAM
Securian Asset Management
St Paul,
Minnesota
|
-$1.78M |
| 5 |
Goldman Sachs
New York
|
-$1.72M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
51
Tower Research Capital (TRC)
New York
| $2K | +$2.11K | +100 | New |
|
52
BNP Paribas Financial Markets
Paris,
France
| $201 | +$211 | +10 | New |
|
|
53
Renaissance Technologies
New York
| – | -$2.19M | -101,500 | Closed |
|
|
SAM
54
Securian Asset Management
St Paul,
Minnesota
| – | -$1.78M | -82,596 | Closed |
|
55
Sumitomo Mitsui Trust Group
Minato-Ku, Tokyo,
Japan
| – | -$431K | -20,000 | Closed |
|
|
FWIA
56
Fort Washington Investment Advisors
Cincinnati,
Ohio
| – | -$422K | -19,600 | Closed |
|
57
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$355K | -16,835 | Closed |
|
|
RJFSA
58
Raymond James Financial Services Advisors
St. Petersburg,
Florida
| – | -$208K | -9,666 | Closed |
|
59
Walleye Trading
New York
| – | -$82K | -3,800 | Closed |
|
PBFX Hedge Fund Activity: Q4 2018 in Review
52 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in PBF LOGISTICS LP (PBFX) for Q4 2018, worth a combined $311M — down 4.8% from $327M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new PBFX positions and 7 closed out — a net gain of 5 holders — while 16 added to existing stakes and 15 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $13M. The largest seller was ClearBridge Investments, cutting an estimated $3.23M.
- 52 institutional investors held PBF LOGISTICS LP (PBFX) as of Q4 2018, up from 47 in Q3 2018.
- Funds reported $311M of PBF LOGISTICS LP stock for Q4 2018, down 4.8% quarter-over-quarter.
- 12 funds opened new PBF LOGISTICS LP positions in Q4 2018 and 7 closed out, a net change of +5 holders.
- The largest PBF LOGISTICS LP buyer in Q4 2018 was JP Morgan Chase, an estimated $13M added.
- The largest PBF LOGISTICS LP seller in Q4 2018 was ClearBridge Investments, an estimated $3.23M sold.
Based on aggregated 13F filings for Q4 2018.