PBF Energy

PBF • NYSE

PBF Energy is a oil & gas refining & marketing company in the energy sector on NYSE, led by Matthew Lucey, with a market cap of $3.5B. As of Q3 2025, 77% of shares are held by 340 institutional investors, with BlackRock, Inc. as the largest holder at 9.82%.

Chief Executive OfficerMatthew Lucey

Market Cap$3.5B

Oil & Gas Refining & Marketing

Energy

Employees3.8K

Websitepbfenergy.com

Country

United States of America

Overview

Overview of institutional ownership in PBF as of Q3 2025 with a market cap of $3.5B

All Institutions

Institutions: 340
Value Held: $2.7B
Shares Held: 89.6M
Avg Position: $7.9M
Median Position: $596.5K

Hedge Funds

Hedge Funds: 52
Value Held: $399.5M
Shares Held: 13.2M
Avg Position: $7.7M
Median Position: $2.3M

Ownership Breakdown

Institutional (non-HF)

65.92%

$2.3B

Hedge Funds

11.44%

$399.5M

Retail & Other

22.63%

$790.0M

Based on market cap of $3.5B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in PBF as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
B BlackRock, Inc. Institution	-	$342.7M 0.01% of portfolio	9.82% 11.4M shares	≤ Q2 2013 Held for 12y 5m+	$5.67T
VANGUARD GROUP INC Institution	Salim Ramji CEO	$265.0M 0.00% of portfolio	7.59% 8.8M shares	≤ Q2 2013 Held for 12y 5m+	$6.69T
T T. Rowe Price Investment Management, Inc. Insurance Manager	John Edward Robison President	$190.6M 0.12% of portfolio	5.46% 6.3M shares	Q3 2024 Held for 1y 2m	$161.58B
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$144.6M 0.01% of portfolio	4.14% 4.8M shares	≤ Q2 2013 Held for 12y 5m+	$2.88T
DIMENSIONAL FUND ADVISORS LP Long Only Manager	David Paul Butler CEO	$129.0M 0.03% of portfolio	3.70% 4.3M shares	Q1 2014 Held for 11y 8m	$466.32B
Invesco Ltd. ETF Provider	Brian Christopher Hartigan CEO	$83.6M 0.01% of portfolio	2.40% 2.8M shares	≤ Q2 2013 Held for 12y 5m+	$633.08B
GOLDMAN SACHS GROUP INC Institution	David M. Solomon CEO	$82.6M 0.01% of portfolio	2.37% 2.7M shares	≤ Q2 2013 Held for 12y 5m+	$691.34B
AQR CAPITAL MANAGEMENT LLC Hedge Fund•Multi-Strategy	David Gary Kabiller Founder	$75.5M 0.05% of portfolio	2.16% 2.5M shares	Q4 2021 Held for 3y 11m	$156.17B
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$63.7M 0.00% of portfolio	1.82% 2.1M shares	≤ Q2 2013 Held for 12y 5m+	$1.57T
PRICE T ROWE ASSOCIATES INC /MD/ Long Only Manager	Robert W Sharps President	$62.4M 0.01% of portfolio	1.79% 2.1M shares	Q1 2021 Held for 4y 8m	$912.31B

Net Capital Flow

Institutional buying and selling activity for PBF in Q3 2025

Traded: −$168.3M
Buyers: 165
Sellers: 153
Total Bought: +$353.9M
Total Sold: −$522.2M
Avg Position: $7.4M

Biggest Buyers

Institution	Net Bought	Current Position
PRICE T ROWE ASSOCIATES INC /MD/ Long Only Manager	+$60.0M +2.0M shares	$62.4M 2.1M shares
Invesco Ltd. ETF Provider	+$49.8M +1.7M shares	$83.6M 2.8M shares
ARROWSTREET CAPITAL LIMITED PARTNERSHIP Hedge Fund•Quant	+$35.0M +1.2M shares	$36.6M 1.2M shares
FMR LLC Institution	+$24.3M +806.0K shares	$31.6M 1.0M shares
C CANADA PENSION PLAN INVESTMENT BOARD Institution	+$13.0M +429.4K shares	$13.0M 429.4K shares
AQR CAPITAL MANAGEMENT LLC Hedge Fund•Multi-Strategy	+$12.6M +418.2K shares	$75.5M 2.5M shares
PDT Partners, LLC Hedge Fund•Quant	+$11.6M +384.7K shares	$11.6M 384.7K shares
Allspring Global Investments Holdings, LLC Long Only Manager	+$10.2M +340.8K shares	$10.2M 340.8K shares
Voleon Capital Management LP Hedge Fund•Quant	+$9.6M +318.0K shares	$13.0M 429.5K shares
ALGERT COLDIRON INVESTORS LLC Hedge Fund•Quant	+$9.5M +314.5K shares	$10.9M 360.3K shares

Biggest Sellers

Institution	Net Sold	Current Position
GOLDMAN SACHS GROUP INC Institution	−$72.7M −2.4M shares	$82.6M 2.7M shares
B BlackRock, Inc. Institution	−$62.3M −2.1M shares	$342.7M 11.4M shares
DIMENSIONAL FUND ADVISORS LP Long Only Manager	−$39.8M −1.3M shares	$129.0M 4.3M shares
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	−$34.8M −1.2M shares	$40.7M 1.3M shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	−$30.3M −1.0M shares	$16.3M 541.3K shares
Recurrent Investment Advisors LLC Long Only Manager	−$18.6M −615.7K shares	$53.5M 1.8M shares
C Cubist Systematic Strategies, LLC Institution	−$17.8M −589.7K shares	$5.5M 181.5K shares
TWO SIGMA ADVISERS, LLC Hedge Fund•Multi-Strategy	−$15.4M −510.4K shares	$26.6M 881.2K shares
JPMORGAN CHASE & CO Institution	−$14.6M −482.7K shares	$16.6M 551.8K shares
B BNP PARIBAS ARBITRAGE, SA Institution	−$13.4M −443.0K shares	$17.7M 585.8K shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited PBF in Q3 2025

New Positions: 16
New Value: $17.6M
Exited Positions: 25
Exited Value: $32.0M

New Positions

Institution	Position Value
P Praetorian PR LLC Hedge Fund•Long/Short	$7.5M 250.0K shares
Corigliano Investment Advisers, LLC Hedge Fund•Sector	$7.4M 244.6K shares
P PharVision Advisers, LLC Hedge Fund•Long/Short	$511.8K 17.0K shares
Buckingham Strategic Partners RIA/Wealth	$454.9K 12.4K shares
F Fieldview Capital Management, LLC Hedge Fund•Long/Short	$381.1K 12.6K shares
FourThought Financial Partners, LLC RIA/Wealth	$286.4K 9.5K shares
C Colony Group, LLC Institution	$277.1K 9.2K shares
T TORON CAPITAL MARKETS INC. Long Only Manager	$250.1K 8.3K shares
Patten Group, Inc. RIA/Wealth	$230.3K 7.6K shares
M Motiv8 Investments LLC RIA/Wealth	$204.4K 6.8K shares

Exited Positions

Institution	Previous Position
S Squarepoint Ops LLC Hedge Fund•Quant	$8.1M 376.1K shares
ExodusPoint Capital Management, LP Hedge Fund•Multi-Strategy	$5.3M 244.3K shares
Edgestream Partners, L.P. Hedge Fund•Quant Macro	$3.2M 147.5K shares
F Freestone Grove Partners LP Hedge Fund•Multi-Strategy	$2.2M 101.1K shares
Clear Harbor Asset Management, LLC RIA/Wealth	$2.0M 93.1K shares
ARGA Investment Management, LP Long Only Manager	$1.7M 79.6K shares
T TEXAS PERMANENT SCHOOL FUND Institution	$1.6M 74.1K shares
S Shay Capital LLC Institution	$1.6M 74.0K shares
Jain Global LLC Hedge Fund•Multi-Strategy	$856.3K 39.5K shares
FIRST TRUST ADVISORS LP ETF Provider	$844.0K 38.9K shares

Options Activity

Institutions with the largest Call and Put options positions in PBF as of Q3 2025

Call Positions: 18
Call Value: $49.7M
Put Positions: 16
Put Value: $92.2M

Call Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$8.5M 2.8K contracts
O One Fin Capital Management LP Hedge Fund•Event Driven	$7.5M 2.5K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$6.6M 2.2K contracts
S Soviero Asset Management, LP Hedge Fund•Long/Short	$5.1M 1.7K contracts
CAPITAL FUND MANAGEMENT S.A. Hedge Fund•Quant Macro	$3.6M 1.2K contracts
P PEAK6 LLC Institution	$3.3M 1.1K contracts
W WOLVERINE TRADING, LLC Institution	$3.2M 1.0K contracts
C CastleKnight Management LP Hedge Fund•Event Driven	$3.0M 1.0K contracts
S Squarepoint Ops LLC Hedge Fund•Quant	$2.5M 826.0 contracts
J JANE STREET GROUP, LLC Institution	$1.6M 540.0 contracts

Put Positions

Institution	Position Value
L Lombard Odier Asset Management Corp Hedge Fund•Multi-Strategy	$28.7M 9.5K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$24.0M 8.0K contracts
Y Yaupon Capital Management LP Hedge Fund•Multi-Strategy	$15.1M 5.0K contracts
WOLVERINE ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy	$6.0M 2.0K contracts
CAPITAL FUND MANAGEMENT S.A. Hedge Fund•Quant Macro	$4.1M 1.3K contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$3.7M 1.2K contracts
S Squarepoint Ops LLC Hedge Fund•Quant	$3.4M 1.1K contracts
W WOLVERINE TRADING, LLC Institution	$1.8M 591.0 contracts
Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy	$1.5M 507.0 contracts
Walleye Trading LLC RIA/Wealth	$1.3M 415.0 contracts

Most Committed Institutions

Institutions with PBF as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
Hara Capital LLC RIA/Wealth	Robert J Dainard CCO	10.69% $18.0M	0.52% 596.4K shares	Q4 2023 Held for 1y 11m	$168.4M
AEGIS FINANCIAL CORP Long Only Manager	Scott Lon Barbee President	7.16% $18.7M	0.54% 620.5K shares	Q2 2025 Held for 5 months	$261.3M
P Praetorian PR LLC Hedge Fund•Long/Short	Paul Nmn Zavaliy CFO	4.57% $7.5M	0.22% 250.0K shares	Q3 2025 Held for 2 months	$165.0M
Recurrent Investment Advisors LLC Long Only Manager	Bradley Richard Olsen Managing Partner	4.10% $53.5M	1.53% 1.8M shares	Q3 2024 Held for 1y 2m	$1.3B
S Soviero Asset Management, LP Hedge Fund•Long/Short	Thomas E King CFO	3.04% $4.9M	0.14% 163.0K shares	Q4 2022 Held for 2y 11m	$161.8M
TOWLE & CO Long Only Manager	Christopher Daly Towle CEO	2.49% $9.9M	0.28% 327.6K shares	Q3 2022 Held for 3y 2m	$396.4M
Corigliano Investment Advisers, LLC Hedge Fund•Sector	Mark E Corigliano CEO	2.39% $7.4M	0.21% 244.6K shares	Q3 2025 Held for 2 months	$308.5M
D Dauntless Investment Group, LLC Institution	-	2.32% $882.4K	0.03% 29.2K shares	Q3 2025 Held for 2 months	$38.1M
VR Advisory Services Ltd Hedge Fund•Distressed	Jeffrey Michael Johnson Managing Partner	1.25% $5.2M	0.15% 170.9K shares	Q3 2024 Held for 1y 2m	$411.0M
PRIVATE MANAGEMENT GROUP INC RIA/Wealth	Robert Todd Summers President	1.03% $35.1M	1.01% 1.2M shares	Q3 2016 Held for 9y 2m	$3.4B

Hedge Fund Spotlight

Discover hedge funds investing in PBF

Quest Partners LLC

Hedge Fund • Quant Macro

Portfolio ManagerNigol (Nmn) Koulajian

Portfolio Value: $1.5B
Positions: 2,240
Last Reported: Q3 2025

Sector Allocation

Position in PBF Energy

Market Value: $1.2M
Shares Held: 38.7K
Portfolio Weight: 0.08%
Owned Since: 2023-Q4

Top Holding	Sector	Market Value	Weight
1 iShares 7-10 Year Treasury Bond IEF	ETF ETF	$39.0M	2.54%
2 SPDR Portfolio Intermediate Term Treasury SPTI	ETF ETF	$6.5M	0.42%
3 SCHR Schwab Intermediately-Term U.S. Treasury SCHR	ETF ETF	$6.5M	0.42%

View full profile

PBF Energy

Overview

All Institutions

Hedge Funds

Ownership Breakdown

Biggest Investors

Net Capital Flow

Biggest Buyers

Biggest Sellers

Entry and Exit Activity

New Positions

Exited Positions

Options Activity

Call Positions

Put Positions

Most Committed Institutions

Hedge Fund Spotlight

Position in PBF Energy

Cookie Preferences