Phillips 66
1,001 hedge funds and large institutions have $32.2B invested in Phillips 66 in 2013 Q4 according to their latest regulatory filings, with 171 funds opening new positions, 296 increasing their positions, 415 reducing their positions, and 69 closing their positions.
213% more funds holding in top 10
Funds holding in top 10: 8 → 25 (+17)
148% more first-time investments, than exits
New positions opened: 171 | Existing positions closed: 69
34% more capital invested
Capital invested by funds: $24B → $32.2B (+$8.2B)
20% more call options, than puts
Call options by funds: $608M | Put options by funds: $505M
10% more funds holding
Funds holding: 910 → 1,001 (+91)
1.7% more ownership
Funds ownership: 68.08% → 69.78% (+1.7%)
29% less repeat investments, than reductions
Existing positions increased: 296 | Existing positions reduced: 415
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VanEck Associates
New York
|
+$157M |
| 2 |
JP Morgan Chase
New York
|
+$132M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
+$130M |
| 4 |
D.E. Shaw & Co
New York
|
+$126M |
| 5 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$124M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
-$137M |
| 2 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
-$119M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$118M |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
-$104M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$93M |
PSX Hedge Fund Activity: Q4 2013 in Review
1,001 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Phillips 66 (PSX) for Q4 2013, worth a combined $32.2B — up 34% from $24B a quarter earlier.
Buyers outnumbered sellers: 171 funds opened new PSX positions and 69 closed out — a net gain of 102 holders — while 296 added to existing stakes and 415 trimmed.
The largest buyer was VanEck Associates, adding an estimated $157M. The largest seller was Eaton Vance Management, cutting an estimated $137M.
- 1,001 institutional investors held Phillips 66 (PSX) as of Q4 2013, up from 910 in Q3 2013.
- Funds reported $32.2B of Phillips 66 stock for Q4 2013, up 34% quarter-over-quarter.
- 171 funds opened new Phillips 66 positions in Q4 2013 and 69 closed out, a net change of +102 holders.
- The largest Phillips 66 buyer in Q4 2013 was VanEck Associates, an estimated $157M added.
- The largest Phillips 66 seller in Q4 2013 was Eaton Vance Management, an estimated $137M sold.
Based on aggregated 13F filings for Q4 2013.