Phillips 66
1,064 hedge funds and large institutions have $30.2B invested in Phillips 66 in 2015 Q1 according to their latest regulatory filings, with 116 funds opening new positions, 355 increasing their positions, 427 reducing their positions, and 77 closing their positions.
67% more call options, than puts
Call options by funds: $408M | Put options by funds: $244M
51% more first-time investments, than exits
New positions opened: 116 | Existing positions closed: 77
38% more funds holding in top 10
Funds holding in top 10: 16 → 22 (+6)
8% more capital invested
Capital invested by funds: $28B → $30.2B (+$2.23B)
2% more funds holding
Funds holding: 1,040 → 1,064 (+24)
0.35% more ownership
Funds ownership: 70.55% → 70.9% (+0.35%)
17% less repeat investments, than reductions
Existing positions increased: 355 | Existing positions reduced: 427
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Eagle Investment Management
New York
|
+$289M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$220M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$199M |
| 4 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
+$137M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$108M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$182M |
| 2 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
-$117M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$98.3M |
| 4 |
D.E. Shaw & Co
New York
|
-$94.6M |
| 5 |
TCIM
TIAA CREF Investment Management
New York
|
-$85.6M |
PSX Hedge Fund Activity: Q1 2015 in Review
1,064 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in Phillips 66 (PSX) for Q1 2015, worth a combined $30.2B — up 8% from $28B a quarter earlier.
Buyers outnumbered sellers: 116 funds opened new PSX positions and 77 closed out — a net gain of 39 holders — while 355 added to existing stakes and 427 trimmed.
The largest buyer was First Eagle Investment Management, adding an estimated $289M. The largest seller was Fidelity Investments, cutting an estimated $182M.
- 1,064 institutional investors held Phillips 66 (PSX) as of Q1 2015, up from 1,040 in Q4 2014.
- Funds reported $30.2B of Phillips 66 stock for Q1 2015, up 8% quarter-over-quarter.
- 116 funds opened new Phillips 66 positions in Q1 2015 and 77 closed out, a net change of +39 holders.
- The largest Phillips 66 buyer in Q1 2015 was First Eagle Investment Management, an estimated $289M added.
- The largest Phillips 66 seller in Q1 2015 was Fidelity Investments, an estimated $182M sold.
Based on aggregated 13F filings for Q1 2015.