PBF LOGISTICS LP
PBFX
PBFX was delisted on the 30th of November, 2022.
54 hedge funds and large institutions have $411M invested in PBF LOGISTICS LP in 2019 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 23 increasing their positions, 11 reducing their positions, and 5 closing their positions.
109% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 11
1% more capital invested
Capital invested by funds: $409M → $411M (+$2.32M)
2% less funds holding
Funds holding: 55 → 54 (-1)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
53% less call options, than puts
Call options by funds: $1.47M | Put options by funds: $3.11M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
+$23.6M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$4.22M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$1.31M |
| 4 |
NIM
NXG Investment Management
Dallas,
Texas
|
+$1.11M |
| 5 |
SOAMC
Spirit of America Management Corp
Syosset,
New York
|
+$1.05M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AR
Advisory Research
Chicago,
Illinois
|
-$20.9M |
| 2 |
Cohen & Steers
New York
|
-$4.65M |
| 3 |
Morgan Stanley
New York
|
-$2.61M |
| 4 |
Renaissance Technologies
New York
|
-$1.28M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$1.21M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
51
Tower Research Capital (TRC)
New York
| $6K | +$6.3K | +300 | New |
|
|
APA
52
American Portfolios Advisors
Holbrook,
New York
| $5.29K | – | – | – |
|
|
QCIG
53
Quad-Cities Investment Group
Davenport,
Iowa
| $4K | – | – | – |
|
|
AIA
54
Arrow Investment Advisors
Laurel,
Maryland
| $434 | +$30.8K | +1,468 | +8% |
|
|
AR
55
Advisory Research
Chicago,
Illinois
| – | -$20.9M | -988,010 | Closed |
|
|
56
Renaissance Technologies
New York
| – | -$1.28M | -60,600 | Closed |
|
57
Arrowstreet Capital
Boston,
Massachusetts
| – | -$431K | -20,399 | Closed |
|
58
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$408K | -19,412 | Closed |
|
|
CG
59
Cutler Group
San Francisco,
California
| – | -$52K | -2,470 | Closed |
|
PBFX Hedge Fund Activity: Q3 2019 in Review
54 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in PBF LOGISTICS LP (PBFX) for Q3 2019, worth a combined $411M — up 0.57% from $409M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of PBFX and 4 opened new positions — a net loss of 1 holder — while 11 trimmed existing stakes and 23 added.
The largest buyer was Tortoise Capital Advisors, adding an estimated $23.6M. The largest seller was Advisory Research, exiting entirely with an estimated $20.9M sold.
- 54 institutional investors held PBF LOGISTICS LP (PBFX) as of Q3 2019, down from 55 in Q2 2019.
- Funds reported $411M of PBF LOGISTICS LP stock for Q3 2019, up 0.57% quarter-over-quarter.
- 4 funds opened new PBF LOGISTICS LP positions in Q3 2019 and 5 closed out, a net change of -1 holder.
- The largest PBF LOGISTICS LP buyer in Q3 2019 was Tortoise Capital Advisors, an estimated $23.6M added.
- The largest PBF LOGISTICS LP seller in Q3 2019 was Advisory Research, an estimated $20.9M sold.
Based on aggregated 13F filings for Q3 2019.