Slim Dumps $112M in PBF Energy

Carlos Slim has been selling PBF Energy stock at a relentless pace this month. The Mexican billionaire filed disclosures this week showing he offloaded 2.22 million shares worth $112M since late June.

The selling started at around $46 per share on June 29. By July 20, Slim was still selling at $64 — implying he profited as the stock climbed. The latest batch of 220,000 shares was filed on July 22, valued at $14M combined.

Slim holds a 10% stake in the refiner. His consistent selling across 10 separate transactions signals a deliberate exit from the position.

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Separately, venture capital firm Bessemer Venture Partners has been aggressively unwinding its stake in ServiceTitan. Filings this month show Bessemer sold over 1.15 million shares for nearly $90M across 13 transactions between June 30 and July 17. The stock trades around $78–$80.

Over at Morgan Stanley, Head of Division Michael Pizzi filed a $3.7M sale on July 17. He sold 17,064 shares at $215 each.

Royal Bank of Canada CEO David McKay also filed a $4.9M sale on July 24. He sold 23,089 shares at roughly $297 — a notable move from the bank's top executive.

CrowdStrike Director Denis O'Leary filed a $2.7M sale on July 15. He sold 14,500 shares at $187.87.

On the buying side, Liquidia Corporation saw a board-linked venture fund file a $5.95M sale, while biotech Parabilis Medicines saw RA Capital Management file a $2.67M purchase — one of the few notable buys in recent days.

This article is for informational purposes only and does not constitute financial advice.