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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
Fidelity Investments
1
Fidelity Investments
Massachusetts
$158M +$14.7M +1,019,757 +11%
FMI
2
Fiduciary Management Inc
Wisconsin
$153M -$6.23M -433,268 -4%
BlackRock
3
BlackRock
New York
$122M +$25.1M +1,743,357 +29%
TSW
4
Thompson Siegel & Walmsley
Virginia
$56.5M -$2.43M -169,170 -4%
Morgan Stanley
5
Morgan Stanley
New York
$50.5M -$10M -698,369 -18%
MIP
6
Mondrian Investment Partners
United Kingdom
$47.2M +$10.5M +731,785 +32%
PL
7
Perpetual Ltd
Australia
$47M +$43M +2,990,826 New
Bank of America
8
Bank of America
North Carolina
$45.4M +$5.36M +373,078 +15%
Macquarie Group
9
Macquarie Group
Australia
$40.4M +$9.86M +685,981 +36%
Dimensional Fund Advisors
10
Dimensional Fund Advisors
Texas
$35.9M +$1.26M +87,373 +4%
BCM
11
Becker Capital Management
Oregon
$23.5M +$202K +14,044 +0.9%
Northern Trust
12
Northern Trust
Illinois
$21.5M +$4.02M +279,930 +26%
D.E. Shaw & Co
13
D.E. Shaw & Co
New York
$20.1M -$41.4M -2,877,157 -69%
CCM
14
Causeway Capital Management
California
$18.5M +$3.02M +210,357 +22%
Envestnet Asset Management
15
Envestnet Asset Management
Illinois
$18.2M +$3.14M +218,521 +22%
BIP
16
Brandes Investment Partners
California
$15.5M +$12.6M +873,092 +786%
Natixis Advisors
17
Natixis Advisors
Massachusetts
$14.4M -$13.3M -923,459 -50%
SCM
18
SKBA Capital Management
California
$13.8M +$341K +23,708 +3%
Goldman Sachs
19
Goldman Sachs
New York
$11.5M +$2.72M +189,297 +35%
Arrowstreet Capital
20
Arrowstreet Capital
Massachusetts
$10.5M -$17.9M -1,242,111 -65%
LCAM
21
London & Capital Asset Management
United Kingdom
$9.32M +$348K +24,195 +4%
RJA
22
Raymond James & Associates
Florida
$9.2M -$2.55M -177,326 -23%
Citadel Advisors
23
Citadel Advisors
Florida
$9.1M +$5.1M +354,595 +158%
T. Rowe Price Associates
24
T. Rowe Price Associates
Maryland
$9.08M +$549K +38,158 +7%
Wells Fargo
25
Wells Fargo
California
$8.89M -$441K -30,660 -5%

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.