Phillips 66
1,048 hedge funds and large institutions have $29.9B invested in Phillips 66 in 2015 Q3 according to their latest regulatory filings, with 61 funds opening new positions, 369 increasing their positions, 431 reducing their positions, and 77 closing their positions.
80% more call options, than puts
Call options by funds: $507M | Put options by funds: $281M
0.43% more ownership
Funds ownership: 72.03% → 72.46% (+0.43%)
0% more funds holding in top 10
Funds holding in top 10: 24 → 24 (0)
5% less capital invested
Capital invested by funds: $31.4B → $29.9B (-$1.5B)
2% less funds holding
Funds holding: 1,071 → 1,048 (-23)
14% less repeat investments, than reductions
Existing positions increased: 369 | Existing positions reduced: 431
21% less first-time investments, than exits
New positions opened: 61 | Existing positions closed: 77
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Berkshire Hathaway
Omaha,
Nebraska
|
+$2.53B |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$158M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$84.1M |
| 4 |
Morgan Stanley
New York
|
+$66M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$51M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TP
Third Point
New York
|
-$262M |
| 2 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$208M |
| 3 |
JP Morgan Chase
New York
|
-$184M |
| 4 |
State Street
Boston,
Massachusetts
|
-$173M |
| 5 |
First Eagle Investment Management
New York
|
-$153M |
PSX Hedge Fund Activity: Q3 2015 in Review
1,048 of the 3,583 institutional investors tracked by Wall St. Rank reported a position in Phillips 66 (PSX) for Q3 2015, worth a combined $29.9B — down 4.8% from $31.4B a quarter earlier.
Sellers outnumbered buyers: 77 funds closed out of PSX and 61 opened new positions — a net loss of 16 holders — while 431 trimmed existing stakes and 369 added.
The largest buyer was Berkshire Hathaway, adding an estimated $2.53B. The largest seller was Third Point, exiting entirely with an estimated $262M sold.
- 1,048 institutional investors held Phillips 66 (PSX) as of Q3 2015, down from 1,071 in Q2 2015.
- Funds reported $29.9B of Phillips 66 stock for Q3 2015, down 4.8% quarter-over-quarter.
- 61 funds opened new Phillips 66 positions in Q3 2015 and 77 closed out, a net change of -16 holders.
- The largest Phillips 66 buyer in Q3 2015 was Berkshire Hathaway, an estimated $2.53B added.
- The largest Phillips 66 seller in Q3 2015 was Third Point, an estimated $262M sold.
Based on aggregated 13F filings for Q3 2015.