Phillips 66
PSX
910 hedge funds and large institutions have $24B invested in Phillips 66 in 2013 Q3 according to their latest regulatory filings, with 69 funds opening new positions, 318 increasing their positions, 383 reducing their positions, and 84 closing their positions.
62% more call options, than puts
Call options by funds: $611M | Put options by funds: $378M
0.01% more ownership
Funds ownership: 68.07% → 68.08% (+0.01%)
3% less capital invested
Capital invested by funds: $24.8B → $24B (-$794M)
3% less funds holding
Funds holding: 934 → 910 (-24)
17% less repeat investments, than reductions
Existing positions increased: 318 | Existing positions reduced: 383
18% less first-time investments, than exits
New positions opened: 69 | Existing positions closed: 84
53% less funds holding in top 10
Funds holding in top 10: 17 → 8 (-9)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$449M |
| 2 |
D.E. Shaw & Co
New York
|
+$88.4M |
| 3 |
Adage Capital Partners
Boston,
Massachusetts
|
+$84.2M |
| 4 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$64.3M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$50.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$409M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$289M |
| 3 |
Morgan Stanley
New York
|
-$175M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$152M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
-$83.6M |
PSX Hedge Fund Activity: Q3 2013 in Review
910 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Phillips 66 (PSX) for Q3 2013, worth a combined $24B — down 3.2% from $24.8B a quarter earlier.
Sellers outnumbered buyers: 84 funds closed out of PSX and 69 opened new positions — a net loss of 15 holders — while 383 trimmed existing stakes and 318 added.
The largest buyer was Wellington Management Group, adding an estimated $449M. The largest seller was Capital World Investors, cutting an estimated $409M.
- 910 institutional investors held Phillips 66 (PSX) as of Q3 2013, down from 934 in Q2 2013.
- Funds reported $24B of Phillips 66 stock for Q3 2013, down 3.2% quarter-over-quarter.
- 69 funds opened new Phillips 66 positions in Q3 2013 and 84 closed out, a net change of -15 holders.
- The largest Phillips 66 buyer in Q3 2013 was Wellington Management Group, an estimated $449M added.
- The largest Phillips 66 seller in Q3 2013 was Capital World Investors, an estimated $409M sold.
Based on aggregated 13F filings for Q3 2013.