Phillips 66
1,387 hedge funds and large institutions have $36.6B invested in Phillips 66 in 2018 Q3 according to their latest regulatory filings, with 100 funds opening new positions, 531 increasing their positions, 479 reducing their positions, and 60 closing their positions.
67% more first-time investments, than exits
New positions opened: 100 | Existing positions closed: 60
31% more call options, than puts
Call options by funds: $364M | Put options by funds: $278M
11% more repeat investments, than reductions
Existing positions increased: 531 | Existing positions reduced: 479
8% more funds holding in top 10
Funds holding in top 10: 24 → 26 (+2)
2% more funds holding
Funds holding: 1,357 → 1,387 (+30)
0% more capital invested
Capital invested by funds: $36.6B → $36.6B (+$35.1M)
0.25% less ownership
Funds ownership: 70.43% → 70.18% (-0.25%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$457M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$143M |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
+$127M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
+$116M |
| 5 |
Renaissance Technologies
New York
|
+$114M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Berkshire Hathaway
Omaha,
Nebraska
|
-$2.23B |
| 2 |
Capital World Investors
Los Angeles,
California
|
-$235M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$150M |
| 4 |
JP Morgan Chase
New York
|
-$90.8M |
| 5 |
SBAM
Santa Barbara Asset Management
Los Angeles,
California
|
-$83M |
PSX Hedge Fund Activity: Q3 2018 in Review
1,387 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in Phillips 66 (PSX) for Q3 2018, worth a combined $36.6B — up 0.1% from $36.6B a quarter earlier.
Buyers outnumbered sellers: 100 funds opened new PSX positions and 60 closed out — a net gain of 40 holders — while 531 added to existing stakes and 479 trimmed.
The largest buyer was BlackRock, adding an estimated $457M. The largest seller was Berkshire Hathaway, cutting an estimated $2.23B.
- 1,387 institutional investors held Phillips 66 (PSX) as of Q3 2018, up from 1,357 in Q2 2018.
- Funds reported $36.6B of Phillips 66 stock for Q3 2018, up 0.1% quarter-over-quarter.
- 100 funds opened new Phillips 66 positions in Q3 2018 and 60 closed out, a net change of +40 holders.
- The largest Phillips 66 buyer in Q3 2018 was BlackRock, an estimated $457M added.
- The largest Phillips 66 seller in Q3 2018 was Berkshire Hathaway, an estimated $2.23B sold.
Based on aggregated 13F filings for Q3 2018.