Phillips 66
1,147 hedge funds and large institutions have $33.4B invested in Phillips 66 in 2017 Q3 according to their latest regulatory filings, with 86 funds opening new positions, 367 increasing their positions, 477 reducing their positions, and 47 closing their positions.
83% more first-time investments, than exits
New positions opened: 86 | Existing positions closed: 47
19% more call options, than puts
Call options by funds: $309M | Put options by funds: $261M
13% more funds holding in top 10
Funds holding in top 10: 15 → 17 (+2)
11% more capital invested
Capital invested by funds: $30B → $33.4B (+$3.34B)
3% more funds holding
Funds holding: 1,117 → 1,147 (+30)
0.89% more ownership
Funds ownership: 70.35% → 71.24% (+0.89%)
23% less repeat investments, than reductions
Existing positions increased: 367 | Existing positions reduced: 477
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$317M |
| 2 |
Goldman Sachs
New York
|
+$97.3M |
| 3 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$87.8M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$61.4M |
| 5 |
Two Sigma Investments
New York
|
+$54.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
O
OppenheimerFunds
New York
|
-$242M |
| 2 |
NSLI
Nan Shan Life Insurance
Taipei City,
Taiwan
|
-$135M |
| 3 |
State Street
Boston,
Massachusetts
|
-$78.5M |
| 4 |
CIC
Chilton Investment Company
Stamford,
Connecticut
|
-$69.1M |
| 5 |
BlackRock
New York
|
-$46.9M |
PSX Hedge Fund Activity: Q3 2017 in Review
1,147 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in Phillips 66 (PSX) for Q3 2017, worth a combined $33.4B — up 11% from $30B a quarter earlier.
Buyers outnumbered sellers: 86 funds opened new PSX positions and 47 closed out — a net gain of 39 holders — while 367 added to existing stakes and 477 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $317M. The largest seller was OppenheimerFunds, cutting an estimated $242M.
- 1,147 institutional investors held Phillips 66 (PSX) as of Q3 2017, up from 1,117 in Q2 2017.
- Funds reported $33.4B of Phillips 66 stock for Q3 2017, up 11% quarter-over-quarter.
- 86 funds opened new Phillips 66 positions in Q3 2017 and 47 closed out, a net change of +39 holders.
- The largest Phillips 66 buyer in Q3 2017 was Fidelity Investments, an estimated $317M added.
- The largest Phillips 66 seller in Q3 2017 was OppenheimerFunds, an estimated $242M sold.
Based on aggregated 13F filings for Q3 2017.