PBF LOGISTICS LP
PBFX
PBFX was delisted on the 30th of November, 2022.
58 hedge funds and large institutions have $161M invested in PBF LOGISTICS LP in 2020 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 17 increasing their positions, 15 reducing their positions, and 13 closing their positions.
225% more call options, than puts
Call options by funds: $2.5M | Put options by funds: $771K
46% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 13
36% more capital invested
Capital invested by funds: $119M → $161M (+$42.7M)
13% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 15
9% more funds holding
Funds holding: 53 → 58 (+5)
1.65% less ownership
Funds ownership: 28.28% → 26.63% (-1.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$7.58M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$4.79M |
| 3 |
EGA
Eagle Global Advisors
Houston,
Texas
|
+$4.54M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$3.71M |
| 5 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
+$2.81M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
-$16M |
| 2 |
Morgan Stanley
New York
|
-$9.74M |
| 3 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$4.64M |
| 4 |
NIM
NXG Investment Management
Dallas,
Texas
|
-$4.39M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$2.8M |
PBFX Hedge Fund Activity: Q2 2020 in Review
58 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in PBF LOGISTICS LP (PBFX) for Q2 2020, worth a combined $161M — up 36% from $119M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new PBFX positions and 13 closed out — a net gain of 6 holders — while 17 added to existing stakes and 15 trimmed.
The largest buyer was Invesco, adding an estimated $7.58M. The largest seller was Tortoise Capital Advisors, cutting an estimated $16M.
- 58 institutional investors held PBF LOGISTICS LP (PBFX) as of Q2 2020, up from 53 in Q1 2020.
- Funds reported $161M of PBF LOGISTICS LP stock for Q2 2020, up 36% quarter-over-quarter.
- 19 funds opened new PBF LOGISTICS LP positions in Q2 2020 and 13 closed out, a net change of +6 holders.
- The largest PBF LOGISTICS LP buyer in Q2 2020 was Invesco, an estimated $7.58M added.
- The largest PBF LOGISTICS LP seller in Q2 2020 was Tortoise Capital Advisors, an estimated $16M sold.
Based on aggregated 13F filings for Q2 2020.