Philips
281 hedge funds and large institutions have $1.38B invested in Philips in 2024 Q1 according to their latest regulatory filings, with 31 funds opening new positions, 103 increasing their positions, 83 reducing their positions, and 50 closing their positions.
24% more repeat investments, than reductions
Existing positions increased: 103 | Existing positions reduced: 83
0.06% more ownership
Funds ownership: 8.39% → 8.45% (+0.06%)
6% less funds holding
Funds holding: 300 → 281 (-19)
14% less capital invested
Capital invested by funds: $1.6B → $1.38B (-$217M)
32% less call options, than puts
Call options by funds: $5.65M | Put options by funds: $8.3M
38% less first-time investments, than exits
New positions opened: 31 | Existing positions closed: 50
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIP
Mondrian Investment Partners
London,
United Kingdom
|
+$63.6M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$17.5M |
| 3 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$14.4M |
| 4 |
Jane Street
New York
|
+$10.6M |
| 5 |
Russell Investments Group
London,
United Kingdom
|
+$8.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$76.4M |
| 2 |
Optiver Holding
Amsterdam,
Netherlands
|
-$11.8M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$9.43M |
| 4 |
FMI
Fiduciary Management Inc
Milwaukee,
Wisconsin
|
-$7.92M |
| 5 |
Millennium Management
New York
|
-$7.88M |
PHG Hedge Fund Activity: Q1 2024 in Review
281 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Philips (PHG) for Q1 2024, worth a combined $1.38B — down 14% from $1.6B a quarter earlier.
Sellers outnumbered buyers: 50 funds closed out of PHG and 31 opened new positions — a net loss of 19 holders — while 83 trimmed existing stakes and 103 added.
The largest buyer was Mondrian Investment Partners, adding an estimated $63.6M. The largest seller was Fidelity Investments, cutting an estimated $76.4M.
- 281 institutional investors held Philips (PHG) as of Q1 2024, down from 300 in Q4 2023.
- Funds reported $1.38B of Philips stock for Q1 2024, down 14% quarter-over-quarter.
- 31 funds opened new Philips positions in Q1 2024 and 50 closed out, a net change of -19 holders.
- The largest Philips buyer in Q1 2024 was Mondrian Investment Partners, an estimated $63.6M added.
- The largest Philips seller in Q1 2024 was Fidelity Investments, an estimated $76.4M sold.
Based on aggregated 13F filings for Q1 2024.