Union Bancaire Privee UBP SA Buys New Position in PBF Energy Inc.

The Swiss private bank acquired over 31,000 shares of the oil and gas company in Q4 2025.

Mar. 22, 2026 at 11:15am

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Union Bancaire Privee UBP SA, a Swiss private bank, bought a new position in shares of PBF Energy Inc. (NYSE:PBF) during the fourth quarter of 2025, according to a disclosure filed with the Securities and Exchange Commission (SEC). The fund acquired 31,060 shares of the oil and gas company's stock, valued at approximately $842,000.

Why it matters

This investment by a major European private bank signals potential institutional interest and confidence in PBF Energy's outlook, despite the company's mixed performance and analyst ratings. PBF Energy operates five refineries across the U.S. and is a leading supplier of refined petroleum products.

The details

According to the SEC filing, Union Bancaire Privee UBP SA bought the 31,060 shares of PBF Energy in the fourth quarter of 2025. This new position adds to the growing institutional ownership of PBF, with several other hedge funds and investment firms also having taken stakes in the company in recent quarters.

  • Union Bancaire Privee UBP SA acquired the PBF Energy shares in the fourth quarter of 2025.

The players

Union Bancaire Privee UBP SA

A Swiss private bank that manages over $150 billion in assets for high-net-worth individuals and institutional clients globally.

PBF Energy Inc.

An independent petroleum refiner headquartered in Parsippany, New Jersey that operates five refineries across the U.S. with a combined crude oil processing capacity of 900,000 barrels per day.

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The takeaway

Union Bancaire Privee UBP SA's investment in PBF Energy suggests the Swiss bank sees potential value in the oil and gas company, even as PBF has received mixed analyst ratings. This move could signal growing institutional interest in PBF as it navigates industry challenges.