Phillips 66
1,117 hedge funds and large institutions have $30B invested in Phillips 66 in 2017 Q2 according to their latest regulatory filings, with 80 funds opening new positions, 378 increasing their positions, 464 reducing their positions, and 67 closing their positions.
50% more call options, than puts
Call options by funds: $339M | Put options by funds: $226M
19% more first-time investments, than exits
New positions opened: 80 | Existing positions closed: 67
15% more funds holding in top 10
Funds holding in top 10: 13 → 15 (+2)
4% more capital invested
Capital invested by funds: $28.8B → $30B (+$1.18B)
0% more funds holding
Funds holding: 1,114 → 1,117 (+3)
0.11% less ownership
Funds ownership: 70.46% → 70.35% (-0.11%)
19% less repeat investments, than reductions
Existing positions increased: 378 | Existing positions reduced: 464
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$160M |
| 2 |
JP Morgan Chase
New York
|
+$113M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$102M |
| 4 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
+$77.8M |
| 5 |
Millennium Management
New York
|
+$75.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NEAM
New England Asset Management
Farmington,
Connecticut
|
-$104M |
| 2 |
LSV Asset Management
Chicago,
Illinois
|
-$85M |
| 3 |
State Street
Boston,
Massachusetts
|
-$65.1M |
| 4 |
Morgan Stanley
New York
|
-$60M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
-$59.7M |
PSX Hedge Fund Activity: Q2 2017 in Review
1,117 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Phillips 66 (PSX) for Q2 2017, worth a combined $30B — up 4.1% from $28.8B a quarter earlier.
Buyers outnumbered sellers: 80 funds opened new PSX positions and 67 closed out — a net gain of 13 holders — while 378 added to existing stakes and 464 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $160M. The largest seller was New England Asset Management, exiting entirely with an estimated $104M sold.
- 1,117 institutional investors held Phillips 66 (PSX) as of Q2 2017, up from 1,114 in Q1 2017.
- Funds reported $30B of Phillips 66 stock for Q2 2017, up 4.1% quarter-over-quarter.
- 80 funds opened new Phillips 66 positions in Q2 2017 and 67 closed out, a net change of +13 holders.
- The largest Phillips 66 buyer in Q2 2017 was Fidelity Investments, an estimated $160M added.
- The largest Phillips 66 seller in Q2 2017 was New England Asset Management, an estimated $104M sold.
Based on aggregated 13F filings for Q2 2017.