PBF LOGISTICS LP
PBFX
PBFX was delisted on the 30th of November, 2022.
50 hedge funds and large institutions have $394M invested in PBF LOGISTICS LP in 2017 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 15 increasing their positions, 18 reducing their positions, and 8 closing their positions.
14% more capital invested
Capital invested by funds: $344M → $394M (+$49.6M)
6% more call options, than puts
Call options by funds: $1.87M | Put options by funds: $1.77M
0% more funds holding
Funds holding: 50 → 50 (0)
0% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 8
2.58% less ownership
Funds ownership: 73.19% → 70.6% (-2.6%)
17% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GXMC
Global X Management Company
New York
|
+$7.42M |
| 2 |
AR
Advisory Research
Chicago,
Illinois
|
+$6.2M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$4.11M |
| 4 |
O
OppenheimerFunds
New York
|
+$3.16M |
| 5 |
HCM
Hollencrest Capital Management
Newport Beach,
California
|
+$1.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
-$22M |
| 2 |
Nuveen
Charlotte,
North Carolina
|
-$3.16M |
| 3 |
Morgan Stanley
New York
|
-$2.29M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$2.24M |
| 5 |
Parallax Volatility Advisers
San Francisco,
California
|
-$1.51M |
PBFX Hedge Fund Activity: Q1 2017 in Review
50 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in PBF LOGISTICS LP (PBFX) for Q1 2017, worth a combined $394M — up 14% from $344M a quarter earlier.
Fund positioning in PBFX was balanced in Q1 2017: 8 funds opened new positions, 8 closed out, 15 added to existing stakes and 18 trimmed.
The largest buyer was Global X Management Company, adding an estimated $7.42M. The largest seller was Kayne Anderson Capital Advisors, cutting an estimated $22M.
- 50 institutional investors held PBF LOGISTICS LP (PBFX) as of Q1 2017, unchanged from Q4 2016.
- Funds reported $394M of PBF LOGISTICS LP stock for Q1 2017, up 14% quarter-over-quarter.
- 8 funds opened new PBF LOGISTICS LP positions in Q1 2017 and 8 closed out, a net change of 0 holders.
- The largest PBF LOGISTICS LP buyer in Q1 2017 was Global X Management Company, an estimated $7.42M added.
- The largest PBF LOGISTICS LP seller in Q1 2017 was Kayne Anderson Capital Advisors, an estimated $22M sold.
Based on aggregated 13F filings for Q1 2017.