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Phillips 66

1,064 hedge funds and large institutions have $30.2B invested in Phillips 66 in 2015 Q1 according to their latest regulatory filings, with 116 funds opening new positions, 355 increasing their positions, 427 reducing their positions, and 77 closing their positions.

New
Increased
Maintained
Reduced
Closed

67% more call options, than puts

Call options by funds: $408M | Put options by funds: $244M

51% more first-time investments, than exits

New positions opened: 116 | Existing positions closed: 77

38% more funds holding in top 10

Funds holding in top 10: 1622 (+6)

8% more capital invested

Capital invested by funds: $28B → $30.2B (+$2.23B)

2% more funds holding

Funds holding: 1,0401,064 (+24)

0.35% more ownership

Funds ownership: 70.55%70.9% (+0.35%)

17% less repeat investments, than reductions

Existing positions increased: 355 | Existing positions reduced: 427

Holders
1,064
Holders Change
+24
Holders Change %
+2.31%
% of All Funds
28.34%
Holding in Top 10
22
Holding in Top 10 Change
+6
Holding in Top 10 Change %
+37.5%
% of All Funds
0.59%
New
116
Increased
355
Reduced
427
Closed
77
Calls
$408M
Puts
$244M
Net Calls
+$163M
Net Calls Change
-$29M
Name Holding Trade Value Shares
Change
Change in
Stake
TP
26
Third Point
New York
$314M -$73.4M -1,000,000 -20%
Capital World Investors
27
Capital World Investors
California
$306M +$2.9M +39,488 +1%
JHIU
28
Janus Henderson Investors US
Colorado
$281M -$117M -1,598,564 -31%
RP
29
RR Partners
New York
$258M -$7.72M -105,200 -3%
TCIM
30
TIAA CREF Investment Management
New York
$220M -$85.6M -1,166,759 -29%
Prudential Financial
31
Prudential Financial
New Jersey
$218M +$1.61M +21,990 +0.8%
Aristotle Capital Management
32
Aristotle Capital Management
California
$216M -$5.73M -78,065 -3%
Bank of America
33
Bank of America
North Carolina
$200M +$1.4M +19,012 +0.8%
Legal & General Group
34
Legal & General Group
United Kingdom
$196M -$1.44M -19,674 -0.8%
Invesco
35
Invesco
Georgia
$171M +$44.5M +606,448 +39%
BIM
36
BlackRock Investment Management
Delaware
$168M -$406K -5,536 -0.3%
Goldman Sachs
37
Goldman Sachs
New York
$167M +$12.1M +164,263 +8%
EVM
38
Eaton Vance Management
Massachusetts
$158M -$1.61M -21,933 -1%
UBS AM
39
UBS AM
Illinois
$150M -$19.2M -261,188 -12%
New York State Common Retirement Fund
40
New York State Common Retirement Fund
New York
$143M +$16.2M +220,634 +14%
Fayez Sarofim & Co
41
Fayez Sarofim & Co
Texas
$140M -$7.83M -106,686 -6%
California Public Employees Retirement System
42
California Public Employees Retirement System
California
$138M
Charles Schwab
43
Charles Schwab
California
$137M +$5.78M +78,738 +5%
AQR Capital Management
44
AQR Capital Management
Connecticut
$131M -$37.6M -512,066 -23%
SBAM
45
Santa Barbara Asset Management
California
$125M +$6.23M +84,910 +6%
BlackRock
46
BlackRock
New York
$124M -$2.44M -33,203 -2%
Sumitomo Mitsui Trust Group
47
Sumitomo Mitsui Trust Group
Japan
$123M +$5.54M +75,536 +5%
APG Asset Management
48
APG Asset Management
Netherlands
$118M -$1.41M -19,171 -1%
CA
49
Cortland Advisers
Delaware
$115M
Jennison Associates
50
Jennison Associates
New York
$109M -$42.3M -575,692 -29%

PSX Hedge Fund Activity: Q1 2015 in Review

1,064 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in Phillips 66 (PSX) for Q1 2015, worth a combined $30.2B — up 8% from $28B a quarter earlier.

Buyers outnumbered sellers: 116 funds opened new PSX positions and 77 closed out — a net gain of 39 holders — while 355 added to existing stakes and 427 trimmed.

The largest buyer was First Eagle Investment Management, adding an estimated $289M. The largest seller was Fidelity Investments, cutting an estimated $182M.

  • 1,064 institutional investors held Phillips 66 (PSX) as of Q1 2015, up from 1,040 in Q4 2014.
  • Funds reported $30.2B of Phillips 66 stock for Q1 2015, up 8% quarter-over-quarter.
  • 116 funds opened new Phillips 66 positions in Q1 2015 and 77 closed out, a net change of +39 holders.
  • The largest Phillips 66 buyer in Q1 2015 was First Eagle Investment Management, an estimated $289M added.
  • The largest Phillips 66 seller in Q1 2015 was Fidelity Investments, an estimated $182M sold.

Based on aggregated 13F filings for Q1 2015.