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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
HJGA
126
Hardman Johnston Global Advisors
Connecticut
$326K
KPWS
127
Kestra Private Wealth Services
Texas
$312K +$285K +19,853 New
RP
128
Riverwater Partners
Wisconsin
$301K
CAPTRUST Financial Advisors
129
CAPTRUST Financial Advisors
North Carolina
$290K +$19.2K +1,337 +8%
HIC
130
Holderness Investments Company
North Carolina
$290K -$2.79K -194 -1%
PAS
131
Park Avenue Securities
New York
$288K +$28.6K +1,988 +12%
DI
132
Diligent Investors
California
$288K -$4.46K -310 -2%
MC
133
Moors & Cabot
Massachusetts
$287K -$10.1K -700 -4%
LCGC
134
Legacy Capital Group California
California
$279K +$255K +17,772 New
YCM
135
Yousif Capital Management
Michigan
$273K
SBH
136
Segall Bryant & Hamill
Illinois
$271K
FDCDDQ
137
Federation des caisses Desjardins du Quebec
Quebec, Canada
$263K +$12.6K +875 +6%
M&T Bank
138
M&T Bank
New York
$254K +$233K +16,184 New
VCM
139
Virtue Capital Management
Tennessee
$247K +$198K +13,788 New
GCM
140
Gallacher Capital Management
Colorado
$243K +$38.8K +2,697 +21%
SI
141
Stephens Inc
Arkansas
$236K -$450K -31,310 -68%
OC
142
Oppenheimer & Co
New York
$235K +$12.7K +883 +6%
Cambridge Investment Research Advisors
143
Cambridge Investment Research Advisors
Iowa
$233K -$70.9K -4,934 -25%
KOC
144
Koss-Olinger Consulting
Florida
$233K +$214K +14,853 New
Carson Wealth (CWM LLC)
145
Carson Wealth (CWM LLC)
Nebraska
$232K +$51.5K +3,580 +32%
DCM
146
DGS Capital Management
New Jersey
$226K -$29.4K -2,048 -12%
STA
147
Summit Trail Advisors
New York
$224K +$31.4K +2,187 +18%
PWPS
148
Pinnacle Wealth Planning Services
Ohio
$218K +$29.3K +2,039 +17%
Franklin Resources
149
Franklin Resources
California
$209K +$192K +13,330 New
VFA
150
Valeo Financial Advisors
Indiana
$202K +$185K +12,843 New

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.