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Phillips 66

1,126 hedge funds and large institutions have $30.9B invested in Phillips 66 in 2015 Q4 according to their latest regulatory filings, with 141 funds opening new positions, 383 increasing their positions, 422 reducing their positions, and 50 closing their positions.

New
Increased
Maintained
Reduced
Closed

182% more first-time investments, than exits

New positions opened: 141 | Existing positions closed: 50

24% more call options, than puts

Call options by funds: $314M | Put options by funds: $252M

7% more funds holding

Funds holding: 1,0481,126 (+78)

3% more capital invested

Capital invested by funds: $29.9B → $30.9B (+$1.02B)

9% less repeat investments, than reductions

Existing positions increased: 383 | Existing positions reduced: 422

1.46% less ownership

Funds ownership: 72.46%71% (-1.5%)

17% less funds holding in top 10

Funds holding in top 10: 2420 (-4)

Holders
1,126
Holders Change
+78
Holders Change %
+7.44%
% of All Funds
29.53%
Holding in Top 10
20
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-16.67%
% of All Funds
0.52%
New
141
Increased
383
Reduced
422
Closed
50
Calls
$314M
Puts
$252M
Net Calls
+$61.4M
Net Calls Change
-$165M
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
26
Bank of America
North Carolina
$289M +$13.8M +159,673 +5%
First Eagle Investment Management
27
First Eagle Investment Management
New York
$246M -$880K -10,195 -0.3%
RP
28
RR Partners
New York
$241M -$1.63M -18,900 -0.6%
Aristotle Capital Management
29
Aristotle Capital Management
California
$237M +$3.06M +35,418 +1%
Legal & General Group
30
Legal & General Group
United Kingdom
$208M -$2.85M -33,012 -1%
Prudential Financial
31
Prudential Financial
New Jersey
$186M +$17.2M +198,850 +10%
TCIM
32
TIAA CREF Investment Management
New York
$168M -$8.36M -96,838 -5%
JHIU
33
Janus Henderson Investors US
Colorado
$153M +$11.7M +135,830 +8%
Invesco
34
Invesco
Georgia
$151M -$15.2M -176,354 -9%
California Public Employees Retirement System
35
California Public Employees Retirement System
California
$141M +$5.25M +60,800 +4%
Sumitomo Mitsui Trust Group
36
Sumitomo Mitsui Trust Group
Japan
$139M +$9.98M +115,622 +7%
Charles Schwab
37
Charles Schwab
California
$135M -$486K -5,635 -0.3%
New York State Common Retirement Fund
38
New York State Common Retirement Fund
New York
$128M -$3.77M -43,655 -3%
HFA
39
Harvest Fund Advisors
Pennsylvania
$121M +$15.4M +178,701 +14%
PPA
40
Parametric Portfolio Associates
Washington
$119M +$10.7M +124,049 +9%
AQR Capital Management
41
AQR Capital Management
Connecticut
$118M +$18.1M +210,313 +17%
UBS AM
42
UBS AM
Illinois
$114M -$49.1M -569,477 -29%
T. Rowe Price Associates
43
T. Rowe Price Associates
Maryland
$108M -$165M -1,906,658 -59%
SBAM
44
Santa Barbara Asset Management
California
$106M +$2.12M +24,574 +2%
BlackRock
45
BlackRock
New York
$105M +$7.21M +83,549 +7%
APG Asset Management
46
APG Asset Management
Netherlands
$96.4M +$11M +127,963 +12%
Renaissance Technologies
47
Renaissance Technologies
New York
$95.9M +$101M +1,171,900 New
Mitsubishi UFJ Trust & Banking
48
Mitsubishi UFJ Trust & Banking
Japan
$95.3M +$126K +1,456 +0.1%
Allianz Asset Management
49
Allianz Asset Management
Germany
$93.4M +$42.2M +488,809 +75%
CS
50
Credit Suisse
Switzerland
$93.3M +$8.79M +101,919 +10%

PSX Hedge Fund Activity: Q4 2015 in Review

1,126 of the 3,813 institutional investors tracked by Wall St. Rank reported a position in Phillips 66 (PSX) for Q4 2015, worth a combined $30.9B — up 3.4% from $29.9B a quarter earlier.

Buyers outnumbered sellers: 141 funds opened new PSX positions and 50 closed out — a net gain of 91 holders — while 383 added to existing stakes and 422 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $139M. The largest seller was D.E. Shaw & Co, cutting an estimated $444M.

  • 1,126 institutional investors held Phillips 66 (PSX) as of Q4 2015, up from 1,048 in Q3 2015.
  • Funds reported $30.9B of Phillips 66 stock for Q4 2015, up 3.4% quarter-over-quarter.
  • 141 funds opened new Phillips 66 positions in Q4 2015 and 50 closed out, a net change of +91 holders.
  • The largest Phillips 66 buyer in Q4 2015 was Fidelity Investments, an estimated $139M added.
  • The largest Phillips 66 seller in Q4 2015 was D.E. Shaw & Co, an estimated $444M sold.

Based on aggregated 13F filings for Q4 2015.