Philips
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, 107 increasing their positions, 63 reducing their positions, and 40 closing their positions.
70% more repeat investments, than reductions
Existing positions increased: 107 | Existing positions reduced: 63
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less capital invested
Capital invested by funds: $1.17B → $1.13B (-$33.5M)
2.11% less ownership
Funds ownership: 10.22% → 8.12% (-2.1%)
5% less funds holding
Funds holding: 273 → 260 (-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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$25.1M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$14.7M |
| 3 |
BIP
Brandes Investment Partners
La Jolla,
California
|
+$12.6M |
| 4 |
MIP
Mondrian Investment Partners
London,
United Kingdom
|
+$10.5M |
| 5 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$9.86M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Harris Associates
Chicago,
Illinois
|
-$186M |
| 2 |
D.E. Shaw & Co
New York
|
-$41.4M |
| 3 |
Renaissance Technologies
New York
|
-$26.7M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$25.6M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$17.9M |
PHG Hedge Fund Activity: Q1 2023 in Review
260 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Philips (PHG) for Q1 2023, worth a combined $1.13B — down 2.9% 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 107 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 2.9% 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.