PBF LOGISTICS LP
PBFX
PBFX was delisted on the 30th of November, 2022.
45 hedge funds and large institutions have $179M invested in PBF LOGISTICS LP in 2021 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 17 increasing their positions, 14 reducing their positions, and 8 closing their positions.
39% more call options, than puts
Call options by funds: $5.29M | Put options by funds: $3.81M
21% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 14
6% less funds holding
Funds holding: 48 → 45 (-3)
14% less capital invested
Capital invested by funds: $208M → $179M (-$28.8M)
25% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$6.19M |
| 2 |
Morgan Stanley
New York
|
+$2.18M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$1.32M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$1.31M |
| 5 |
Marshall Wace
London,
United Kingdom
|
+$1.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$5.11M |
| 2 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
-$1.71M |
| 3 |
JP Morgan Chase
New York
|
-$882K |
| 4 |
Jane Street
New York
|
-$738K |
| 5 |
ClearBridge Investments
New York
|
-$590K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Russell Investments Group
London,
United Kingdom
| – | -$148K | -9,999 | Closed |
|
|
ASN
52
Advisory Services Network
Atlanta,
Georgia
| – | -$15K | -1,040 | Closed |
|
|
TRCT
53
Tower Research Capital (TRC)
New York
| – | +$422 | +33 | New |
|
PBFX Hedge Fund Activity: Q3 2021 in Review
45 of the 5,713 institutional investors tracked by Wall St. Rank reported a position in PBF LOGISTICS LP (PBFX) for Q3 2021, worth a combined $179M — down 14% from $208M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of PBFX and 6 opened new positions — a net loss of 2 holders — while 14 trimmed existing stakes and 17 added.
The largest buyer was Mirae Asset Global Investments, adding an estimated $6.19M. The largest seller was Goldman Sachs, cutting an estimated $5.11M.
- 45 institutional investors held PBF LOGISTICS LP (PBFX) as of Q3 2021, down from 48 in Q2 2021.
- Funds reported $179M of PBF LOGISTICS LP stock for Q3 2021, down 14% quarter-over-quarter.
- 6 funds opened new PBF LOGISTICS LP positions in Q3 2021 and 8 closed out, a net change of -2 holders.
- The largest PBF LOGISTICS LP buyer in Q3 2021 was Mirae Asset Global Investments, an estimated $6.19M added.
- The largest PBF LOGISTICS LP seller in Q3 2021 was Goldman Sachs, an estimated $5.11M sold.
Based on aggregated 13F filings for Q3 2021.