PBF LOGISTICS LP
PBFX
PBFX was delisted on the 30th of November, 2022.
61 hedge funds and large institutions have $126M invested in PBF LOGISTICS LP in 2020 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 18 increasing their positions, 19 reducing their positions, and 11 closing their positions.
348% more call options, than puts
Call options by funds: $1.87M | Put options by funds: $417K
27% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 11
5% more funds holding
Funds holding: 58 → 61 (+3)
5% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 19
1.85% less ownership
Funds ownership: 26.63% → 24.77% (-1.9%)
22% less capital invested
Capital invested by funds: $161M → $126M (-$35.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.9M |
| 2 |
BAM
Belpointe Asset Management
Reno,
Nevada
|
+$1.4M |
| 3 |
SAM
Securian Asset Management
St Paul,
Minnesota
|
+$511K |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$365K |
| 5 |
MGIA
Moneta Group Investment Advisors
St Louis,
Missouri
|
+$343K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NIM
NXG Investment Management
Dallas,
Texas
|
-$5.94M |
| 2 |
Goldman Sachs
New York
|
-$3.72M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$3.54M |
| 4 |
EGA
Eagle Global Advisors
Houston,
Texas
|
-$1.57M |
| 5 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
-$768K |
PBFX Hedge Fund Activity: Q3 2020 in Review
61 of the 4,971 institutional investors tracked by Wall St. Rank reported a position in PBF LOGISTICS LP (PBFX) for Q3 2020, worth a combined $126M — down 22% from $161M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new PBFX positions and 11 closed out — a net gain of 3 holders — while 18 added to existing stakes and 19 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $2.9M. The largest seller was NXG Investment Management, cutting an estimated $5.94M.
- 61 institutional investors held PBF LOGISTICS LP (PBFX) as of Q3 2020, up from 58 in Q2 2020.
- Funds reported $126M of PBF LOGISTICS LP stock for Q3 2020, down 22% quarter-over-quarter.
- 14 funds opened new PBF LOGISTICS LP positions in Q3 2020 and 11 closed out, a net change of +3 holders.
- The largest PBF LOGISTICS LP buyer in Q3 2020 was Morgan Stanley, an estimated $2.9M added.
- The largest PBF LOGISTICS LP seller in Q3 2020 was NXG Investment Management, an estimated $5.94M sold.
Based on aggregated 13F filings for Q3 2020.