Historical position

Seth Klarman’s Pbf Energy Inc (PBF) position

Reported position history, portfolio importance and verified filing changes from public SEC disclosures.

Baupost GroupVerified through Q2 2026
Relationship snapshot

At a glance

The full verified relationship, including prior ownership episodes and exits where supported.

First reportedQ3 2013Earliest verified positive filing snapshot
Latest statusHistorical positionBased on the latest supported relationship state
Peak shares15.72MHighest verified quarter-end share count
Quarters reported18Verified quarters with shares above zero
What happened?

Baupost Group first reported Pbf Energy Inc in Q3 2013. The reported position was increased and reduced across later filings. Verified positive position history runs through Q1 2018. The current relationship status cannot be determined reliably from supported data.

Verified SEC history

Position over time

See the same verified relationship through reported shares, portfolio weight or reported value.

Metric

Gaps indicate periods that cannot be safely connected or where a verified corporate action changes the raw share scale. Stock price, when available, is market context and not a transaction price.

Key filing events

What changed

Latest filing plus the most meaningful reported changes. Unchanged quarters are collapsed by default.

Q2 2018
Sold the entire position−7.92M shares · No shares reported at quarter-end
Q1 2018
Sold 27.5% of the position−3.00M shares · 7.92M shares remained
Filing context

Quarter-end price $33.90 · Estimated holding basis $22.26

Q4 2017
Sold 30.5% of the position−4.80M shares · 10.92M shares remained
Filing context

Quarter-end price $35.45 · Estimated holding basis $22.26

Q3 2016
Bought 47.8% more+5.08M shares · 15.72M shares reported after the change
Filing context

Quarter-end price $22.64 · Estimated holding basis $25.23

Q1 2016
Sold 3.5% of the position−383.83K shares · 10.64M shares remained
Filing context

Quarter-end price $33.20 · Estimated holding basis $26.47

Q2 2015
Bought 27.3% more+2.36M shares · 11.03M shares reported after the change
Filing context

Quarter-end price $28.42 · Estimated holding basis $26.47

6 unchanged quarters are collapsed by default.

Portfolio importance

How important was Pbf Energy Inc in Baupost Group’s reported portfolio?

Relative importance is measured only within the verified primary non-option reported portfolio for each quarter.

Last reported portfolio weight2.6%Q1 2018
Last reported rank#13of 33 reported positions
Peak portfolio weight7.4%Q4 2015
Best historical rank#5Q4 2015
At peak importanceQ4 2015
PBF
7.4%
Largest holding
17.6%
Cross-investor discovery

Who else owns Pbf Energy Inc?

Also reported by 1 other tracked investor in their latest verified filings.

Ray DalioBridgewater Associates, LP
PBF0.0% of reported portfolio
Explore Pbf Energy Inc across all tracked investors →
SEC evidence & methodology

SEC filing evidence

Market context and filing-derived values are kept separate from actual transaction prices, which 13F filings do not disclose.

Latest verified stock price$77.162026-09-17

Market context only; not an investor transaction price.

Latest verified investor filingQ2 2026 · filed 2026-08-13
Open SEC filing ↗

This tracker follows Baupost Group LLC/MA’s Form 13F disclosures—not Seth Klarman’s personal brokerage account. Form 13F reports quarter-end U.S.-listed positions and certain options, but it does not reveal exact trade dates, execution prices, short positions or the purpose of an option position.