Phillips 66
1,770 hedge funds and large institutions have $39.8B invested in Phillips 66 in 2024 Q3 according to their latest regulatory filings, with 133 funds opening new positions, 608 increasing their positions, 679 reducing their positions, and 123 closing their positions.
8% more first-time investments, than exits
New positions opened: 133 | Existing positions closed: 123
8% more call options, than puts
Call options by funds: $380M | Put options by funds: $352M
1% less funds holding
Funds holding: 1,781 → 1,770 (-11)
1.49% less ownership
Funds ownership: 73.88% → 72.38% (-1.5%)
10% less capital invested
Capital invested by funds: $44.2B → $39.8B (-$4.36B)
10% less repeat investments, than reductions
Existing positions increased: 608 | Existing positions reduced: 679
33% less funds holding in top 10
Funds holding in top 10: 27 → 18 (-9)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
+$204M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$193M |
| 3 |
Harris Associates
Chicago,
Illinois
|
+$182M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$115M |
| 5 |
Amundi
Paris,
France
|
+$95.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$1.16B |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$325M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
-$252M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$171M |
| 5 |
Nomura Holdings
Tokyo,
Japan
|
-$132M |
PSX Hedge Fund Activity: Q3 2024 in Review
1,770 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Phillips 66 (PSX) for Q3 2024, worth a combined $39.8B — down 9.9% from $44.2B a quarter earlier.
Buyers outnumbered sellers: 133 funds opened new PSX positions and 123 closed out — a net gain of 10 holders — while 608 added to existing stakes and 679 trimmed.
The largest buyer was Balyasny Asset Management, opening a new position worth an estimated $204M. The largest seller was Wellington Management Group, cutting an estimated $1.16B.
- 1,770 institutional investors held Phillips 66 (PSX) as of Q3 2024, down from 1,781 in Q2 2024.
- Funds reported $39.8B of Phillips 66 stock for Q3 2024, down 9.9% quarter-over-quarter.
- 133 funds opened new Phillips 66 positions in Q3 2024 and 123 closed out, a net change of +10 holders.
- The largest Phillips 66 buyer in Q3 2024 was Balyasny Asset Management, an estimated $204M added.
- The largest Phillips 66 seller in Q3 2024 was Wellington Management Group, an estimated $1.16B sold.
Based on aggregated 13F filings for Q3 2024.