Phillips 66
1,283 hedge funds and large institutions have $31.5B invested in Phillips 66 in 2018 Q1 according to their latest regulatory filings, with 105 funds opening new positions, 445 increasing their positions, 508 reducing their positions, and 88 closing their positions.
52% more call options, than puts
Call options by funds: $325M | Put options by funds: $214M
19% more first-time investments, than exits
New positions opened: 105 | Existing positions closed: 88
0% more funds holding
Funds holding: 1,278 → 1,283 (+5)
0.67% less ownership
Funds ownership: 71.19% → 70.52% (-0.67%)
12% less repeat investments, than reductions
Existing positions increased: 445 | Existing positions reduced: 508
14% less capital invested
Capital invested by funds: $36.8B → $31.5B (-$5.29B)
32% less funds holding in top 10
Funds holding in top 10: 19 → 13 (-6)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
+$202M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$113M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
+$65.6M |
| 4 |
Janus Henderson Group
London,
United Kingdom
|
+$62M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$48.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Berkshire Hathaway
Omaha,
Nebraska
|
-$3.41B |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$260M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
-$157M |
| 4 |
State Street
Boston,
Massachusetts
|
-$106M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$68.6M |
PSX Hedge Fund Activity: Q1 2018 in Review
1,283 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Phillips 66 (PSX) for Q1 2018, worth a combined $31.5B — down 14% from $36.8B a quarter earlier.
Buyers outnumbered sellers: 105 funds opened new PSX positions and 88 closed out — a net gain of 17 holders — while 445 added to existing stakes and 508 trimmed.
The largest buyer was Eaton Vance Management, adding an estimated $202M. The largest seller was Berkshire Hathaway, cutting an estimated $3.41B.
- 1,283 institutional investors held Phillips 66 (PSX) as of Q1 2018, up from 1,278 in Q4 2017.
- Funds reported $31.5B of Phillips 66 stock for Q1 2018, down 14% quarter-over-quarter.
- 105 funds opened new Phillips 66 positions in Q1 2018 and 88 closed out, a net change of +17 holders.
- The largest Phillips 66 buyer in Q1 2018 was Eaton Vance Management, an estimated $202M added.
- The largest Phillips 66 seller in Q1 2018 was Berkshire Hathaway, an estimated $3.41B sold.
Based on aggregated 13F filings for Q1 2018.