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Phillips 66

1,114 hedge funds and large institutions have $28.8B invested in Phillips 66 in 2017 Q1 according to their latest regulatory filings, with 74 funds opening new positions, 403 increasing their positions, 471 reducing their positions, and 103 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.23% more ownership

Funds ownership: 70.24%70.46% (+0.23%)

3% less funds holding

Funds holding: 1,1531,114 (-39)

9% less capital invested

Capital invested by funds: $31.6B → $28.8B (-$2.73B)

13% less funds holding in top 10

Funds holding in top 10: 1513 (-2)

14% less repeat investments, than reductions

Existing positions increased: 403 | Existing positions reduced: 471

28% less first-time investments, than exits

New positions opened: 74 | Existing positions closed: 103

34% less call options, than puts

Call options by funds: $294M | Put options by funds: $446M

Holders
1,114
Holders Change
-39
Holders Change %
-3.38%
% of All Funds
27.73%
Holding in Top 10
13
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-13.33%
% of All Funds
0.32%
New
74
Increased
403
Reduced
471
Closed
103
Calls
$294M
Puts
$446M
Net Calls
-$152M
Net Calls Change
-$118M
Name Holding Trade Value Shares
Change
Change in
Stake
LSV Asset Management
26
LSV Asset Management
Illinois
$145M -$23.7M -294,450 -14%
Charles Schwab
27
Charles Schwab
California
$142M +$6.35M +78,821 +5%
Swiss National Bank
28
Swiss National Bank
Switzerland
$132M +$28.2M +350,100 +27%
NSLI
29
Nan Shan Life Insurance
Taiwan
$129M +$131M +1,627,979 New
Deutsche Bank
30
Deutsche Bank
Germany
$127M -$13.5M -167,693 -9%
EVM
31
Eaton Vance Management
Massachusetts
$125M +$74.7M +927,405 +142%
WRF
32
Waddell & Reed Financial
Kansas
$124M -$8.02M -99,579 -6%
Prudential Financial
33
Prudential Financial
New Jersey
$121M -$63M -781,948 -34%
UBS AM
34
UBS AM
Illinois
$116M +$5.95M +73,882 +5%
Royal Bank of Canada
35
Royal Bank of Canada
Ontario, Canada
$113M +$3.19M +39,550 +3%
ClearBridge Investments
36
ClearBridge Investments
New York
$113M +$113M +1,396,918 +4,772%
Neuberger Berman Group
37
Neuberger Berman Group
New York
$108M -$17.6M -218,308 -14%
Sumitomo Mitsui Trust Group
38
Sumitomo Mitsui Trust Group
Japan
$108M -$333K -4,130 -0.3%
APG Asset Management
39
APG Asset Management
Netherlands
$106M -$42.1M -522,010 -28%
California Public Employees Retirement System
40
California Public Employees Retirement System
California
$106M -$11.6M -144,400 -10%
NEAM
41
New England Asset Management
Connecticut
$104M +$106M +1,314,000 New
TCIM
42
TIAA CREF Investment Management
New York
$104M -$839K -10,411 -0.8%
First Eagle Investment Management
43
First Eagle Investment Management
New York
$100M +$3.11M +38,650 +3%
New York State Common Retirement Fund
44
New York State Common Retirement Fund
New York
$92.3M -$3.24M -40,178 -3%
RL
45
Ruffer LLP
United Kingdom
$89.4M +$11.4M +141,464 +14%
PPA
46
Parametric Portfolio Associates
Washington
$89.1M -$33.6M -417,346 -27%
Mitsubishi UFJ Trust & Banking
47
Mitsubishi UFJ Trust & Banking
Japan
$83.1M +$3.21M +39,846 +4%
DZ Bank
48
DZ Bank
Germany
$79.3M -$2.82M -34,992 -3%
Invesco
49
Invesco
Georgia
$75.3M +$5.95M +73,861 +8%
CIC
50
Chilton Investment Company
Connecticut
$74.9M +$76.2M +945,573 New

PSX Hedge Fund Activity: Q1 2017 in Review

1,114 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Phillips 66 (PSX) for Q1 2017, worth a combined $28.8B — down 8.6% from $31.6B a quarter earlier.

Sellers outnumbered buyers: 103 funds closed out of PSX and 74 opened new positions — a net loss of 29 holders — while 471 trimmed existing stakes and 403 added.

The largest buyer was BlackRock, adding an estimated $2.15B. The largest seller was Boston Partners, cutting an estimated $312M.

  • 1,114 institutional investors held Phillips 66 (PSX) as of Q1 2017, down from 1,153 in Q4 2016.
  • Funds reported $28.8B of Phillips 66 stock for Q1 2017, down 8.6% quarter-over-quarter.
  • 74 funds opened new Phillips 66 positions in Q1 2017 and 103 closed out, a net change of -29 holders.
  • The largest Phillips 66 buyer in Q1 2017 was BlackRock, an estimated $2.15B added.
  • The largest Phillips 66 seller in Q1 2017 was Boston Partners, an estimated $312M sold.

Based on aggregated 13F filings for Q1 2017.