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260 hedge funds and large institutions have $1.13B invested in Philips in 2023 Q1 according to their latest regulatory filings, with 34 funds opening new positions, 108 increasing their positions, 63 reducing their positions, and 40 closing their positions.

New
Increased
Maintained
Reduced
Closed

71% more repeat investments, than reductions

Existing positions increased: 108 | Existing positions reduced: 63

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

3% less capital invested

Capital invested by funds: $1.17B → $1.13B (-$34.6M)

2.35% less ownership

Funds ownership: 10.47%8.12% (-2.4%)

5% less funds holding

Funds holding: 273260 (-13)

15% less first-time investments, than exits

New positions opened: 34 | Existing positions closed: 40

19% less call options, than puts

Call options by funds: $29.1M | Put options by funds: $36.1M

Holders
260
Holders Change
-13
Holders Change %
-4.76%
% of All Funds
4.14%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
34
Increased
108
Reduced
63
Closed
40
Calls
$29.1M
Puts
$36.1M
Net Calls
-$6.91M
Net Calls Change
+$2.72M
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of Montreal
26
Bank of Montreal
Ontario, Canada
$8.43M -$25.6M -1,780,495 -77%
Royal Bank of Canada
27
Royal Bank of Canada
Ontario, Canada
$7.46M +$822K +57,162 +14%
OMC
28
Old Mission Capital
Illinois
$6.85M +$4.36M +303,119 +228%
CEI
29
Clark Estates Inc
New York
$5.5M -$7.56M -525,543 -60%
Renaissance Technologies
30
Renaissance Technologies
New York
$5.39M -$26.7M -1,853,734 -84%
CSS
31
Cubist Systematic Strategies
Connecticut
$4.82M +$181K +12,616 +4%
Susquehanna International Group
32
Susquehanna International Group
Pennsylvania
$4.56M +$4.17M +290,363 New
CIBC World Market
33
CIBC World Market
Ontario, Canada
$4.53M +$1.59M +110,440 +62%
OCM
34
One Capital Management
California
$4.35M +$2.15M +149,794 +118%
IPW
35
Inlet Private Wealth
Florida
$3.79M -$75.6K -5,256 -2%
SEI Investments
36
SEI Investments
Pennsylvania
$3.59M +$507K +35,292 +18%
Connor, Clark & Lunn Investment Management (CC&L)
37
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$3.52M -$17.8K -1,235 -0.5%
UBS Group
38
UBS Group
Switzerland
$3.5M -$2.99K -208 -0.1%
Stifel Financial
39
Stifel Financial
Missouri
$3.5M +$41K +2,853 +1%
PNC Financial Services Group
40
PNC Financial Services Group
Pennsylvania
$3.44M +$697K +48,482 +28%
OAM
41
Oppenheimer Asset Management
New York
$3.04M +$588K +40,930 +27%
ANTB
42
AMG National Trust Bank
Colorado
$2.75M +$659K +45,872 +36%
TCM
43
Tekla Capital Management
Massachusetts
$2.02M
LSWM
44
Lorne Steinberg Wealth Management
Canada
$1.98M +$29.2K +2,029 +2%
BE
45
Bonness Enterprises
District of Columbia
$1.78M
MNG
46
Manning & Napier Group
New York
$1.74M -$34.1K -2,369 -2%
AssetMark Inc
47
AssetMark Inc
California
$1.72M +$470K +32,713 +43%
Rockefeller Capital Management
48
Rockefeller Capital Management
New York
$1.7M -$19.8K -1,378 -1%
Russell Investments Group
49
Russell Investments Group
United Kingdom
$1.69M +$1.55M +107,863 New
SWP
50
Strategic Wealth Partners
Ohio
$1.67M +$503K +34,964 +49%

PHG Hedge Fund Activity: Q1 2023 in Review

260 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Philips (PHG) for Q1 2023, worth a combined $1.13B — down 3% from $1.17B a quarter earlier.

Sellers outnumbered buyers: 40 funds closed out of PHG and 34 opened new positions — a net loss of 6 holders — while 63 trimmed existing stakes and 108 added.

The largest buyer was BlackRock, adding an estimated $25.1M. The largest seller was Harris Associates, exiting entirely with an estimated $186M sold.

  • 260 institutional investors held Philips (PHG) as of Q1 2023, down from 273 in Q4 2022.
  • Funds reported $1.13B of Philips stock for Q1 2023, down 3% quarter-over-quarter.
  • 34 funds opened new Philips positions in Q1 2023 and 40 closed out, a net change of -6 holders.
  • The largest Philips buyer in Q1 2023 was BlackRock, an estimated $25.1M added.
  • The largest Philips seller in Q1 2023 was Harris Associates, an estimated $186M sold.

Based on aggregated 13F filings for Q1 2023.