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Phillips 66

910 hedge funds and large institutions have $24B invested in Phillips 66 in 2013 Q3 according to their latest regulatory filings, with 69 funds opening new positions, 318 increasing their positions, 383 reducing their positions, and 84 closing their positions.

New
Increased
Maintained
Reduced
Closed

62% more call options, than puts

Call options by funds: $611M | Put options by funds: $378M

0.01% more ownership

Funds ownership: 68.07%68.08% (+0.01%)

3% less capital invested

Capital invested by funds: $24.8B → $24B (-$794M)

3% less funds holding

Funds holding: 934910 (-24)

17% less repeat investments, than reductions

Existing positions increased: 318 | Existing positions reduced: 383

18% less first-time investments, than exits

New positions opened: 69 | Existing positions closed: 84

53% less funds holding in top 10

Funds holding in top 10: 178 (-9)

Holders
910
Holders Change
-24
Holders Change %
-2.57%
% of All Funds
29.51%
Holding in Top 10
8
Holding in Top 10 Change
-9
Holding in Top 10 Change %
-52.94%
% of All Funds
0.26%
New
69
Increased
318
Reduced
383
Closed
84
Calls
$611M
Puts
$378M
Net Calls
+$233M
Net Calls Change
-$66M
Name Holding Trade Value Shares
Change
Change in
Stake
Sumitomo Mitsui Trust Group
51
Sumitomo Mitsui Trust Group
Japan
$91.8M -$7.3M -125,927 -7%
CLM
52
ClearBridge LLC (Maryland)
Maryland
$86.3M +$17M +292,949 +24%
MAA
53
Managed Account Advisors
New Jersey
$81.3M +$7.09M +122,235 +10%
PPA
54
Parametric Portfolio Associates
Washington
$79M +$3.84M +66,206 +5%
New York State Teachers Retirement System (NYSTRS)
55
New York State Teachers Retirement System (NYSTRS)
New York
$77.7M -$3.07M -53,003 -4%
RFC
56
Russell Frank Company
Washington
$76.3M -$11.7M -201,355 -13%
SBAM
57
Santa Barbara Asset Management
California
$75.3M +$4.52M +77,888 +6%
CS
58
Credit Suisse
Switzerland
$75M -$7.37M -127,053 -9%
TA
59
Teachers Advisors
New York
$72.6M +$7.03M +121,306 +11%
CA
60
Cortland Advisers
Delaware
$71.7M +$45.8M +789,724 +175%
Mitsubishi UFJ Trust & Banking
61
Mitsubishi UFJ Trust & Banking
Japan
$70.5M +$253K +4,362 +0.4%
Capital World Investors
62
Capital World Investors
California
$69.4M -$409M -7,050,000 -85%
Schroder Investment Management Group
63
Schroder Investment Management Group
United Kingdom
$66.2M +$13.1M +226,654 +25%
California State Teachers Retirement System (CalSTRS)
64
California State Teachers Retirement System (CalSTRS)
California
$64.4M +$2M +34,414 +3%
RhumbLine Advisers
65
RhumbLine Advisers
Massachusetts
$62.4M -$287K -4,951 -0.5%
State Board of Administration of Florida Retirement System
66
State Board of Administration of Florida Retirement System
Florida
$62.1M -$1.25M -21,587 -2%
SONJCPFA
67
State of New Jersey Common Pension Fund A
New Jersey
$60.7M +$2.32M +40,000 +4%
SPC
68
Slate Path Capital
New York
$59.3M
APG Asset Management
69
APG Asset Management
Netherlands
$59M -$7.51M -129,600 -11%
Two Sigma Investments
70
Two Sigma Investments
New York
$56.8M -$19.7M -340,244 -26%
HSBC Holdings
71
HSBC Holdings
United Kingdom
$56.4M +$14.9M +256,919 +36%
Susquehanna International Group
72
Susquehanna International Group
Pennsylvania
$55M -$13.2M -226,890 -19%
AQR Capital Management
73
AQR Capital Management
Connecticut
$54M +$10.4M +178,818 +24%
WT
74
Wilmington Trust
Delaware
$52.2M -$2.95M -50,929 -5%
AII
75
AGF Investments Inc
Ontario, Canada
$51.4M -$1.36M -23,400 -3%

PSX Hedge Fund Activity: Q3 2013 in Review

910 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Phillips 66 (PSX) for Q3 2013, worth a combined $24B — down 3.2% from $24.8B a quarter earlier.

Sellers outnumbered buyers: 84 funds closed out of PSX and 69 opened new positions — a net loss of 15 holders — while 383 trimmed existing stakes and 318 added.

The largest buyer was Wellington Management Group, adding an estimated $449M. The largest seller was Capital World Investors, cutting an estimated $409M.

  • 910 institutional investors held Phillips 66 (PSX) as of Q3 2013, down from 934 in Q2 2013.
  • Funds reported $24B of Phillips 66 stock for Q3 2013, down 3.2% quarter-over-quarter.
  • 69 funds opened new Phillips 66 positions in Q3 2013 and 84 closed out, a net change of -15 holders.
  • The largest Phillips 66 buyer in Q3 2013 was Wellington Management Group, an estimated $449M added.
  • The largest Phillips 66 seller in Q3 2013 was Capital World Investors, an estimated $409M sold.

Based on aggregated 13F filings for Q3 2013.