Phillips 66
1,877 hedge funds and large institutions have $52.2B invested in Phillips 66 in 2024 Q1 according to their latest regulatory filings, with 206 funds opening new positions, 619 increasing their positions, 754 reducing their positions, and 99 closing their positions.
108% more first-time investments, than exits
New positions opened: 206 | Existing positions closed: 99
28% more funds holding in top 10
Funds holding in top 10: 32 → 41 (+9)
17% more capital invested
Capital invested by funds: $44.7B → $52.2B (+$7.57B)
10% more call options, than puts
Call options by funds: $643M | Put options by funds: $584M
5% more funds holding
Funds holding: 1,790 → 1,877 (+87)
1.17% less ownership
Funds ownership: 76.25% → 75.08% (-1.2%)
18% less repeat investments, than reductions
Existing positions increased: 619 | Existing positions reduced: 754
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$467M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$324M |
| 3 |
Bank of New York Mellon
New York
|
+$318M |
| 4 |
Boston Partners
Boston,
Massachusetts
|
+$230M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$228M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.05B |
| 2 |
Aristotle Capital Management
Los Angeles,
California
|
-$818M |
| 3 |
Barclays
London,
United Kingdom
|
-$507M |
| 4 |
Pacer Advisors
Malvern,
Pennsylvania
|
-$389M |
| 5 |
State Street
Boston,
Massachusetts
|
-$211M |
PSX Hedge Fund Activity: Q1 2024 in Review
1,877 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in Phillips 66 (PSX) for Q1 2024, worth a combined $52.2B — up 17% from $44.7B a quarter earlier.
Buyers outnumbered sellers: 206 funds opened new PSX positions and 99 closed out — a net gain of 107 holders — while 619 added to existing stakes and 754 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $467M. The largest seller was Morgan Stanley, cutting an estimated $1.05B.
- 1,877 institutional investors held Phillips 66 (PSX) as of Q1 2024, up from 1,790 in Q4 2023.
- Funds reported $52.2B of Phillips 66 stock for Q1 2024, up 17% quarter-over-quarter.
- 206 funds opened new Phillips 66 positions in Q1 2024 and 99 closed out, a net change of +107 holders.
- The largest Phillips 66 buyer in Q1 2024 was Wellington Management Group, an estimated $467M added.
- The largest Phillips 66 seller in Q1 2024 was Morgan Stanley, an estimated $1.05B sold.
Based on aggregated 13F filings for Q1 2024.