PBF LOGISTICS LP
PBFX
PBFX was delisted on the 30th of November, 2022.
49 hedge funds and large institutions have $347M invested in PBF LOGISTICS LP in 2017 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 13 increasing their positions, 16 reducing their positions, and 8 closing their positions.
2% less funds holding
Funds holding: 50 → 49 (-1)
12% less capital invested
Capital invested by funds: $394M → $347M (-$46.8M)
13% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 8
19% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 16
26% less call options, than puts
Call options by funds: $1.12M | Put options by funds: $1.51M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
+$8.25M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$1.21M |
| 3 |
MWNA
Marshall Wace North America
New York
|
+$1.07M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$897K |
| 5 |
JP Morgan Chase
New York
|
+$885K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
-$14.5M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$1.9M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$1.65M |
| 4 |
ClearBridge Investments
New York
|
-$1.15M |
| 5 |
HCM
Hollencrest Capital Management
Newport Beach,
California
|
-$1.07M |
PBFX Hedge Fund Activity: Q2 2017 in Review
49 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in PBF LOGISTICS LP (PBFX) for Q2 2017, worth a combined $347M — down 12% from $394M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of PBFX and 7 opened new positions — a net loss of 1 holder — while 16 trimmed existing stakes and 13 added.
The largest buyer was First Trust Advisors, opening a new position worth an estimated $8.25M. The largest seller was Kayne Anderson Capital Advisors, cutting an estimated $14.5M.
- 49 institutional investors held PBF LOGISTICS LP (PBFX) as of Q2 2017, down from 50 in Q1 2017.
- Funds reported $347M of PBF LOGISTICS LP stock for Q2 2017, down 12% quarter-over-quarter.
- 7 funds opened new PBF LOGISTICS LP positions in Q2 2017 and 8 closed out, a net change of -1 holder.
- The largest PBF LOGISTICS LP buyer in Q2 2017 was First Trust Advisors, an estimated $8.25M added.
- The largest PBF LOGISTICS LP seller in Q2 2017 was Kayne Anderson Capital Advisors, an estimated $14.5M sold.
Based on aggregated 13F filings for Q2 2017.