PBF LOGISTICS LP
PBFX
PBFX was delisted on the 30th of November, 2022.
59 hedge funds and large institutions have $391M invested in PBF LOGISTICS LP in 2019 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 20 increasing their positions, 16 reducing their positions, and 3 closing their positions.
167% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 3
25% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 16
9% more funds holding
Funds holding: 54 → 59 (+5)
5% less capital invested
Capital invested by funds: $411M → $391M (-$20.3M)
59% less call options, than puts
Call options by funds: $633K | Put options by funds: $1.53M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$4.84M |
| 2 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
+$3.53M |
| 3 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$1.16M |
| 4 |
GCP
GSA Capital Partners
London,
United Kingdom
|
+$1.14M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$1.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
-$13.5M |
| 2 |
Goldman Sachs
New York
|
-$3.62M |
| 3 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
-$1.81M |
| 4 |
AIA
Avalon Investment & Advisory
Houston,
Texas
|
-$588K |
| 5 |
Jane Street
New York
|
-$504K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
51
Tower Research Capital (TRC)
New York
| $49K | +$44.6K | +2,136 | +712% |
|
|
RE
52
RBC Europe
London,
United Kingdom
| $40.5K | – | – | – |
|
|
ASN
53
Advisory Services Network
Atlanta,
Georgia
| $27K | -$435K | -20,844 | -94% |
|
|
LTFS
54
Ladenburg Thalmann Financial Services
Miami,
Florida
| $27K | – | – | – |
|
55
Pacer Advisors
Malvern,
Pennsylvania
| $24K | +$24.6K | +1,177 | New |
|
|
BWA
56
BDO Wealth Advisors
Jacksonville,
Florida
| $20K | – | – | – |
|
|
CCM
57
Copeland Capital Management
Conshohocken,
Pennsylvania
| $13K | – | – | – |
|
|
APA
58
American Portfolios Advisors
Holbrook,
New York
| $5.06K | – | – | – |
|
59
BNP Paribas Financial Markets
Paris,
France
| $202 | -$92.3K | -4,422 | -100% |
|
|
60
Jane Street
New York
| – | -$504K | -23,825 | Closed |
|
61
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$55K | -2,600 | Closed |
|
|
QCIG
62
Quad-Cities Investment Group
Davenport,
Iowa
| – | -$4K | -200 | Closed |
|
PBFX Hedge Fund Activity: Q4 2019 in Review
59 of the 5,076 institutional investors tracked by Wall St. Rank reported a position in PBF LOGISTICS LP (PBFX) for Q4 2019, worth a combined $391M — down 4.9% from $411M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new PBFX positions and 3 closed out — a net gain of 5 holders — while 20 added to existing stakes and 16 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $4.84M. The largest seller was Cohen & Steers, cutting an estimated $13.5M.
- 59 institutional investors held PBF LOGISTICS LP (PBFX) as of Q4 2019, up from 54 in Q3 2019.
- Funds reported $391M of PBF LOGISTICS LP stock for Q4 2019, down 4.9% quarter-over-quarter.
- 8 funds opened new PBF LOGISTICS LP positions in Q4 2019 and 3 closed out, a net change of +5 holders.
- The largest PBF LOGISTICS LP buyer in Q4 2019 was Morgan Stanley, an estimated $4.84M added.
- The largest PBF LOGISTICS LP seller in Q4 2019 was Cohen & Steers, an estimated $13.5M sold.
Based on aggregated 13F filings for Q4 2019.