Phillips 66
1,115 hedge funds and large institutions have $28.8B invested in Phillips 66 in 2017 Q1 according to their latest regulatory filings, with 75 funds opening new positions, 403 increasing their positions, 471 reducing their positions, and 103 closing their positions.
0.23% more ownership
Funds ownership: 70.24% → 70.46% (+0.23%)
3% less funds holding
Funds holding: 1,153 → 1,115 (-38)
9% less capital invested
Capital invested by funds: $31.6B → $28.8B (-$2.73B)
13% less funds holding in top 10
Funds holding in top 10: 15 → 13 (-2)
14% less repeat investments, than reductions
Existing positions increased: 403 | Existing positions reduced: 471
27% less first-time investments, than exits
New positions opened: 75 | Existing positions closed: 103
34% less call options, than puts
Call options by funds: $294M | Put options by funds: $446M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$2.15B |
| 2 |
O
OppenheimerFunds
New York
|
+$318M |
| 3 |
NSLI
Nan Shan Life Insurance
Taipei City,
Taiwan
|
+$131M |
| 4 |
ClearBridge Investments
New York
|
+$113M |
| 5 |
NEAM
New England Asset Management
Farmington,
Connecticut
|
+$106M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Boston Partners
Boston,
Massachusetts
|
-$312M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$134M |
| 3 |
Capital World Investors
Los Angeles,
California
|
-$133M |
| 4 |
IAM
Iridian Asset Management
Westport,
Connecticut
|
-$117M |
| 5 |
HFA
Harvest Fund Advisors
Wayne,
Pennsylvania
|
-$78.7M |
PSX Hedge Fund Activity: Q1 2017 in Review
1,115 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in Phillips 66 (PSX) for Q1 2017, worth a combined $28.8B — down 8.6% from $31.6B a quarter earlier.
Sellers outnumbered buyers: 103 funds closed out of PSX and 75 opened new positions — a net loss of 28 holders — while 471 trimmed existing stakes and 403 added.
The largest buyer was BlackRock, adding an estimated $2.15B. The largest seller was Boston Partners, cutting an estimated $312M.
- 1,115 institutional investors held Phillips 66 (PSX) as of Q1 2017, down from 1,153 in Q4 2016.
- Funds reported $28.8B of Phillips 66 stock for Q1 2017, down 8.6% quarter-over-quarter.
- 75 funds opened new Phillips 66 positions in Q1 2017 and 103 closed out, a net change of -28 holders.
- The largest Phillips 66 buyer in Q1 2017 was BlackRock, an estimated $2.15B added.
- The largest Phillips 66 seller in Q1 2017 was Boston Partners, an estimated $312M sold.
Based on aggregated 13F filings for Q1 2017.