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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
LMAM
526
Legg Mason Asset Management
Japan
$1.08M -$140K -1,900 -11%
CHC
527
City Holding Co
West Virginia
$1.08M +$37.1K +503 +3%
BCM
528
Bares Capital Management
Texas
$1.08M
VKH
529
Virtu KCG Holdings
New York
$1.06M -$1.03M -14,025 -49%
HFM
530
Hartford Financial Management
Connecticut
$1.06M
AAIM
531
American Assets Investment Management
California
$1.05M
BFG
532
Beacon Financial Group
Texas
$1.04M +$65.7K +891 +7%
Parallax Volatility Advisers
533
Parallax Volatility Advisers
California
$1.04M -$1.76M -23,888 -62%
AGM
534
Alpine Global Management
New York
$1.03M +$1.06M +14,329 New
MFS
535
MSI Financial Services
Massachusetts
$1.03M +$36K +488 +4%
BVDMP
536
Bedrijfstakpensioenfonds Voor De Media PNO
Netherlands
$1.02M
SPC
537
Sigma Planning Corp
Michigan
$1.02M +$1.05M +14,232 New
SLG
538
Stanley-Laman Group
Pennsylvania
$1.02M -$31.4K -425 -3%
WJA
539
Williams Jones & Associates
New York
$1.01M -$27.7K -375 -3%
AB
540
Amalgamated Bank
New York
$1.01M -$161K -2,186 -13%
GJIC
541
Gamble Jones Investment Counsel
California
$1.01M +$52.9K +717 +5%
SACTSONJ
542
Supplemental Annuity Collective Trust (SACT) of New Jersey
New Jersey
$1M
Thrivent Financial for Lutherans
543
Thrivent Financial for Lutherans
Minnesota
$995K -$3.69K -50 -0.4%
SIMM
544
Stillwater Investment Management (Minnesota)
Minnesota
$994K +$4.28K +58 +0.4%
WRM
545
Westport Resources Management
Connecticut
$993K +$109K +1,478 +12%
CIM
546
Cambria Investment Management
California
$990K +$1.02M +13,806 New
MCM
547
Matarin Capital Management
New York
$989K +$161K +2,181 +19%
ACM
548
Argyle Capital Management
Pennsylvania
$988K
LCM
549
Leisure Capital Management
California
$983K +$1.01M +13,711 New
VNA
550
Valley National Advisers
Pennsylvania
$976K +$934K +12,657 New

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.