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Phillips 66

910 hedge funds and large institutions have $24B invested in Phillips 66 in 2013 Q3 according to their latest regulatory filings, with 69 funds opening new positions, 318 increasing their positions, 383 reducing their positions, and 84 closing their positions.

New
Increased
Maintained
Reduced
Closed

62% more call options, than puts

Call options by funds: $611M | Put options by funds: $378M

0.01% more ownership

Funds ownership: 68.07%68.08% (+0.01%)

3% less capital invested

Capital invested by funds: $24.8B → $24B (-$794M)

3% less funds holding

Funds holding: 934910 (-24)

17% less repeat investments, than reductions

Existing positions increased: 318 | Existing positions reduced: 383

18% less first-time investments, than exits

New positions opened: 69 | Existing positions closed: 84

53% less funds holding in top 10

Funds holding in top 10: 178 (-9)

Holders
910
Holders Change
-24
Holders Change %
-2.57%
% of All Funds
29.51%
Holding in Top 10
8
Holding in Top 10 Change
-9
Holding in Top 10 Change %
-52.94%
% of All Funds
0.26%
New
69
Increased
318
Reduced
383
Closed
84
Calls
$611M
Puts
$378M
Net Calls
+$233M
Net Calls Change
-$66M
Name Holding Trade Value Shares
Change
Change in
Stake
CAM
401
Carret Asset Management
New York
$1.71M -$36.5K -629 -2%
TCM
402
Twin Capital Management
Pennsylvania
$1.71M -$1.72M -29,622 -50%
LM
403
Luminus Management
Texas
$1.71M -$2.4M -41,480 -58%
BIC
404
Beach Investment Counsel
Pennsylvania
$1.71M
PIA
405
Piedmont Investment Advisors
North Carolina
$1.7M -$60.9K -1,050 -3%
AL
406
Agran Libbie
California
$1.69M -$81.6K -1,408 -5%
DY
407
Dowling & Yahnke
California
$1.67M +$26.9K +464 +2%
FCI
408
Financial Counselors Inc
Kansas
$1.66M -$54.9K -947 -3%
LIM
409
Leavell Investment Management
Alabama
$1.62M
William Blair & Company
410
William Blair & Company
Illinois
$1.62M +$327K +5,647 +25%
BOH
411
Bank of Hawaii
Hawaii
$1.61M -$159K -2,738 -9%
B
412
Bailard
California
$1.59M +$1.6M +27,540 New
K
413
Kemper
Illinois
$1.59M
LCM
414
Logan Capital Management
Pennsylvania
$1.56M -$548K -9,450 -26%
AF
415
Arrow Financial
New York
$1.55M +$111K +1,910 +8%
Fiera Capital (Canada)
416
Fiera Capital (Canada)
Quebec, Canada
$1.55M +$23.2K +400 +2%
LMAM
417
Legg Mason Asset Management
Japan
$1.55M -$139K -2,400 -8%
Jones Financial Companies
418
Jones Financial Companies
Missouri
$1.54M -$49.3K -851 -3%
PP
419
Palladium Partners
Virginia
$1.54M -$1.45K -25 -0.1%
PDN
420
Pensionfund DSM Netherlands
Netherlands
$1.53M
PIM
421
Penobscot Investment Management
Massachusetts
$1.52M +$53.1K +916 +4%
GG
422
Greenwood Gearhart
Arkansas
$1.52M -$7.65K -132 -0.5%
AIM
423
abrdn Investment Management
United Kingdom
$1.51M -$37.4K -645 -2%
Connor, Clark & Lunn Investment Management (CC&L)
424
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$1.5M -$2.51M -43,300 -63%
SC
425
Saiers Capital
New York
$1.5M +$1.51M +26,002 New

PSX Hedge Fund Activity: Q3 2013 in Review

910 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Phillips 66 (PSX) for Q3 2013, worth a combined $24B — down 3.2% from $24.8B a quarter earlier.

Sellers outnumbered buyers: 84 funds closed out of PSX and 69 opened new positions — a net loss of 15 holders — while 383 trimmed existing stakes and 318 added.

The largest buyer was Wellington Management Group, adding an estimated $449M. The largest seller was Capital World Investors, cutting an estimated $409M.

  • 910 institutional investors held Phillips 66 (PSX) as of Q3 2013, down from 934 in Q2 2013.
  • Funds reported $24B of Phillips 66 stock for Q3 2013, down 3.2% quarter-over-quarter.
  • 69 funds opened new Phillips 66 positions in Q3 2013 and 84 closed out, a net change of -15 holders.
  • The largest Phillips 66 buyer in Q3 2013 was Wellington Management Group, an estimated $449M added.
  • The largest Phillips 66 seller in Q3 2013 was Capital World Investors, an estimated $409M sold.

Based on aggregated 13F filings for Q3 2013.