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Phillips 66

1,039 hedge funds and large institutions have $28B invested in Phillips 66 in 2014 Q4 according to their latest regulatory filings, with 124 funds opening new positions, 354 increasing their positions, 410 reducing their positions, and 98 closing their positions.

New
Increased
Maintained
Reduced
Closed

71% more call options, than puts

Call options by funds: $464M | Put options by funds: $272M

27% more first-time investments, than exits

New positions opened: 124 | Existing positions closed: 98

1% more funds holding

Funds holding: 1,0271,039 (+12)

0.45% less ownership

Funds ownership: 71%70.55% (-0.45%)

14% less repeat investments, than reductions

Existing positions increased: 354 | Existing positions reduced: 410

17% less capital invested

Capital invested by funds: $33.7B → $28B (-$5.69B)

24% less funds holding in top 10

Funds holding in top 10: 2116 (-5)

Holders
1,039
Holders Change
+12
Holders Change %
+1.17%
% of All Funds
27.71%
Holding in Top 10
16
Holding in Top 10 Change
-5
Holding in Top 10 Change %
-23.81%
% of All Funds
0.43%
New
124
Increased
354
Reduced
410
Closed
98
Calls
$464M
Puts
$272M
Net Calls
+$192M
Net Calls Change
+$57.9M
Name Holding Trade Value Shares
Change
Change in
Stake
TCIM
26
TIAA CREF Investment Management
New York
$285M -$13.3M -179,895 -4%
Capital World Investors
27
Capital World Investors
California
$276M -$88.5M -1,200,000 -24%
Morgan Stanley
28
Morgan Stanley
New York
$245M -$29.7M -403,041 -11%
RP
29
RR Partners
New York
$243M
Aristotle Capital Management
30
Aristotle Capital Management
California
$203M +$6.85M +92,825 +3%
Prudential Financial
31
Prudential Financial
New Jersey
$197M +$112M +1,521,470 +124%
T. Rowe Price Associates
32
T. Rowe Price Associates
Maryland
$185M -$775M -10,505,223 -80%
Bank of America
33
Bank of America
North Carolina
$181M +$10.1M +136,847 +6%
Legal & General Group
34
Legal & General Group
United Kingdom
$180M -$6.83M -92,634 -4%
AQR Capital Management
35
AQR Capital Management
Connecticut
$156M -$61.6M -835,260 -28%
UBS AM
36
UBS AM
Illinois
$156M +$1.44M +19,479 +0.9%
BIM
37
BlackRock Investment Management
Delaware
$153M +$3.1M +41,976 +2%
EVM
38
Eaton Vance Management
Massachusetts
$146M +$34.3M +464,733 +30%
Goldman Sachs
39
Goldman Sachs
New York
$141M +$16.3M +221,469 +13%
Jennison Associates
40
Jennison Associates
New York
$140M -$16.7M -225,961 -10%
California Public Employees Retirement System
41
California Public Employees Retirement System
California
$138M -$1.14M -15,386 -0.8%
Ameriprise
42
Ameriprise
Minnesota
$136M -$149M -2,017,518 -52%
Fayez Sarofim & Co
43
Fayez Sarofim & Co
Texas
$135M -$6.53M -88,454 -4%
Charles Schwab
44
Charles Schwab
California
$119M +$1.15M +15,534 +0.9%
BlackRock
45
BlackRock
New York
$116M +$20.1M +271,794 +20%
New York State Common Retirement Fund
46
New York State Common Retirement Fund
New York
$114M -$89.2K -1,209 -0.1%
Invesco
47
Invesco
Georgia
$112M +$13.9M +188,474 +14%
KACA
48
Kayne Anderson Capital Advisors
California
$112M +$18.6M +252,500 +19%
APG Asset Management
49
APG Asset Management
Netherlands
$109M +$5.24M +71,079 +5%
Sumitomo Mitsui Trust Group
50
Sumitomo Mitsui Trust Group
Japan
$108M -$280K -3,792 -0.3%

PSX Hedge Fund Activity: Q4 2014 in Review

1,039 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in Phillips 66 (PSX) for Q4 2014, worth a combined $28B — down 17% from $33.7B a quarter earlier.

Buyers outnumbered sellers: 124 funds opened new PSX positions and 98 closed out — a net gain of 26 holders — while 354 added to existing stakes and 410 trimmed.

The largest buyer was Third Point, opening a new position worth an estimated $369M. The largest seller was Americafirst Capital Management, exiting entirely with an estimated $1.44B sold.

  • 1,039 institutional investors held Phillips 66 (PSX) as of Q4 2014, up from 1,027 in Q3 2014.
  • Funds reported $28B of Phillips 66 stock for Q4 2014, down 17% quarter-over-quarter.
  • 124 funds opened new Phillips 66 positions in Q4 2014 and 98 closed out, a net change of +26 holders.
  • The largest Phillips 66 buyer in Q4 2014 was Third Point, an estimated $369M added.
  • The largest Phillips 66 seller in Q4 2014 was Americafirst Capital Management, an estimated $1.44B sold.

Based on aggregated 13F filings for Q4 2014.