Phillips 66
1,040 hedge funds and large institutions have $32.7B invested in Phillips 66 in 2014 Q2 according to their latest regulatory filings, with 83 funds opening new positions, 358 increasing their positions, 435 reducing their positions, and 56 closing their positions.
48% more first-time investments, than exits
New positions opened: 83 | Existing positions closed: 56
40% more call options, than puts
Call options by funds: $550M | Put options by funds: $394M
11% more funds holding in top 10
Funds holding in top 10: 19 → 21 (+2)
6% more capital invested
Capital invested by funds: $30.8B → $32.7B (+$1.92B)
3.79% more ownership
Funds ownership: 68.02% → 71.81% (+3.8%)
2% more funds holding
Funds holding: 1,019 → 1,040 (+21)
18% less repeat investments, than reductions
Existing positions increased: 358 | Existing positions reduced: 435
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barclays
London,
United Kingdom
|
+$637M |
| 2 |
Norges Bank
Oslo,
Norway
|
+$350M |
| 3 |
HSBC Holdings
London,
United Kingdom
|
+$258M |
| 4 |
D.E. Shaw & Co
New York
|
+$197M |
| 5 |
Boston Partners
Boston,
Massachusetts
|
+$139M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$593M |
| 2 |
Berkshire Hathaway
Omaha,
Nebraska
|
-$267M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$181M |
| 4 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
-$166M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$121M |
PSX Hedge Fund Activity: Q2 2014 in Review
1,040 of the 3,481 institutional investors tracked by Wall St. Rank reported a position in Phillips 66 (PSX) for Q2 2014, worth a combined $32.7B — up 6.2% from $30.8B a quarter earlier.
Buyers outnumbered sellers: 83 funds opened new PSX positions and 56 closed out — a net gain of 27 holders — while 358 added to existing stakes and 435 trimmed.
The largest buyer was Barclays, adding an estimated $637M. The largest seller was Waddell & Reed Financial, cutting an estimated $593M.
- 1,040 institutional investors held Phillips 66 (PSX) as of Q2 2014, up from 1,019 in Q1 2014.
- Funds reported $32.7B of Phillips 66 stock for Q2 2014, up 6.2% quarter-over-quarter.
- 83 funds opened new Phillips 66 positions in Q2 2014 and 56 closed out, a net change of +27 holders.
- The largest Phillips 66 buyer in Q2 2014 was Barclays, an estimated $637M added.
- The largest Phillips 66 seller in Q2 2014 was Waddell & Reed Financial, an estimated $593M sold.
Based on aggregated 13F filings for Q2 2014.