PBF LOGISTICS LP
PBFX
PBFX was delisted on the 30th of November, 2022.
42 hedge funds and large institutions have $202M invested in PBF LOGISTICS LP in 2021 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 12 increasing their positions, 17 reducing their positions, and 18 closing their positions.
104% more call options, than puts
Call options by funds: $2.88M | Put options by funds: $1.41M
59% more capital invested
Capital invested by funds: $126M → $202M (+$75.1M)
24% less funds holding
Funds holding: 55 → 42 (-13)
29% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 17
72% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$13.9M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
+$5.06M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$3.01M |
| 4 |
Jane Street
New York
|
+$199K |
| 5 |
PI
PEAK6 Investments
Chicago,
Illinois
|
+$180K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$7.34M |
| 2 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
-$2.65M |
| 3 |
JP Morgan Chase
New York
|
-$2.54M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$1.86M |
| 5 |
NIM
NXG Investment Management
Dallas,
Texas
|
-$1.69M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$151K | -12,884 | Closed |
|
52
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$115K | -12,594 | Closed |
|
53
Citadel Advisors
Miami,
Florida
| – | -$142K | -12,154 | Closed |
|
|
TRCT
54
Tower Research Capital (TRC)
New York
| – | -$22K | -2,442 | Closed |
|
|
AWG
55
Altus Wealth Group
Colorado Springs,
Colorado
| – | -$10K | -1,100 | Closed |
|
|
ASN
56
Advisory Services Network
Atlanta,
Georgia
| – | -$9K | -1,028 | Closed |
|
|
BWA
57
BDO Wealth Advisors
Jacksonville,
Florida
| – | -$9K | -1,000 | Closed |
|
|
SSB
58
Sandy Spring Bank
Olney,
Maryland
| – | -$1K | -130 | Closed |
|
|
FCH
59
Freestone Capital Holdings
Seattle,
Washington
| – | -$458 | -50 | Closed |
|
PBFX Hedge Fund Activity: Q1 2021 in Review
42 of the 5,696 institutional investors tracked by Wall St. Rank reported a position in PBF LOGISTICS LP (PBFX) for Q1 2021, worth a combined $202M — up 59% from $126M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of PBFX and 5 opened new positions — a net loss of 13 holders — while 17 trimmed existing stakes and 12 added.
The largest buyer was Mirae Asset Global Investments, adding an estimated $13.9M. The largest seller was Morgan Stanley, cutting an estimated $7.34M.
- 42 institutional investors held PBF LOGISTICS LP (PBFX) as of Q1 2021, down from 55 in Q4 2020.
- Funds reported $202M of PBF LOGISTICS LP stock for Q1 2021, up 59% quarter-over-quarter.
- 5 funds opened new PBF LOGISTICS LP positions in Q1 2021 and 18 closed out, a net change of -13 holders.
- The largest PBF LOGISTICS LP buyer in Q1 2021 was Mirae Asset Global Investments, an estimated $13.9M added.
- The largest PBF LOGISTICS LP seller in Q1 2021 was Morgan Stanley, an estimated $7.34M sold.
Based on aggregated 13F filings for Q1 2021.