Phillips 66
PSX
1,269 hedge funds and large institutions have $21B invested in Phillips 66 in 2020 Q2 according to their latest regulatory filings, with 174 funds opening new positions, 391 increasing their positions, 558 reducing their positions, and 120 closing their positions.
45% more first-time investments, than exits
New positions opened: 174 | Existing positions closed: 120
43% more call options, than puts
Call options by funds: $227M | Put options by funds: $159M
31% more capital invested
Capital invested by funds: $16B → $21B (+$5.03B)
9% more funds holding in top 10
Funds holding in top 10: 11 → 12 (+1)
4% more funds holding
Funds holding: 1,221 → 1,269 (+48)
0.9% less ownership
Funds ownership: 68.07% → 67.17% (-0.9%)
30% less repeat investments, than reductions
Existing positions increased: 391 | Existing positions reduced: 558
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$309M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$147M |
| 3 |
JP Morgan Chase
New York
|
+$144M |
| 4 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
+$123M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$79.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$156M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
-$118M |
| 3 |
DZ Bank
Frankfurt Am Main,
Germany
|
-$94.5M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$78.6M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$69.6M |
PSX Hedge Fund Activity: Q2 2020 in Review
1,269 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Phillips 66 (PSX) for Q2 2020, worth a combined $21B — up 31% from $16B a quarter earlier.
Buyers outnumbered sellers: 174 funds opened new PSX positions and 120 closed out — a net gain of 54 holders — while 391 added to existing stakes and 558 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $309M. The largest seller was BlackRock, cutting an estimated $156M.
- 1,269 institutional investors held Phillips 66 (PSX) as of Q2 2020, up from 1,221 in Q1 2020.
- Funds reported $21B of Phillips 66 stock for Q2 2020, up 31% quarter-over-quarter.
- 174 funds opened new Phillips 66 positions in Q2 2020 and 120 closed out, a net change of +54 holders.
- The largest Phillips 66 buyer in Q2 2020 was Wellington Management Group, an estimated $309M added.
- The largest Phillips 66 seller in Q2 2020 was BlackRock, an estimated $156M sold.
Based on aggregated 13F filings for Q2 2020.