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Phillips 66

1,039 hedge funds and large institutions have $28B invested in Phillips 66 in 2014 Q4 according to their latest regulatory filings, with 124 funds opening new positions, 354 increasing their positions, 410 reducing their positions, and 98 closing their positions.

New
Increased
Maintained
Reduced
Closed

71% more call options, than puts

Call options by funds: $464M | Put options by funds: $272M

27% more first-time investments, than exits

New positions opened: 124 | Existing positions closed: 98

1% more funds holding

Funds holding: 1,0271,039 (+12)

0.45% less ownership

Funds ownership: 71%70.55% (-0.45%)

14% less repeat investments, than reductions

Existing positions increased: 354 | Existing positions reduced: 410

17% less capital invested

Capital invested by funds: $33.7B → $28B (-$5.69B)

24% less funds holding in top 10

Funds holding in top 10: 2116 (-5)

Holders
1,039
Holders Change
+12
Holders Change %
+1.17%
% of All Funds
27.71%
Holding in Top 10
16
Holding in Top 10 Change
-5
Holding in Top 10 Change %
-23.81%
% of All Funds
0.43%
New
124
Increased
354
Reduced
410
Closed
98
Calls
$464M
Puts
$272M
Net Calls
+$192M
Net Calls Change
+$57.9M
Name Holding Trade Value Shares
Change
Change in
Stake
State of Wisconsin Investment Board
76
State of Wisconsin Investment Board
Wisconsin
$58.7M +$1.86M +25,180 +3%
MTB
77
Mizuho Trust & Banking
Japan
$57.1M +$2.65M +35,939 +5%
NRECA
78
National Rural Electric Cooperative Association
Virginia
$57M
HFA
79
Harvest Fund Advisors
Pennsylvania
$56.8M +$15.5M +209,640 +36%
State of Tennessee, Department of Treasury
80
State of Tennessee, Department of Treasury
Tennessee
$56.7M -$16.4M -222,517 -22%
VanEck Associates
81
VanEck Associates
New York
$55.1M -$69.1M -936,780 -55%
Ninety One (UK)
82
Ninety One (UK)
United Kingdom
$54.7M +$21.4M +289,710 +61%
HSBC Holdings
83
HSBC Holdings
United Kingdom
$54M -$319M -4,330,478 -85%
UBS Group
84
UBS Group
Switzerland
$51.8M +$53.3M +723,086 New
GC
85
Guggenheim Capital
Illinois
$51.7M -$29.6M -401,701 -36%
RCM
86
Riverhead Capital Management
Delaware
$51.2M -$9.32M -126,389 -15%
GIA
87
Gateway Investment Advisers
Ohio
$50.3M +$405K +5,484 +0.8%
Principal Financial Group
88
Principal Financial Group
Iowa
$50M +$1.53M +20,740 +3%
KeyBank National Association
89
KeyBank National Association
Ohio
$49.7M -$627K -8,495 -1%
Teacher Retirement System of Texas
90
Teacher Retirement System of Texas
Texas
$49M +$44.2M +599,181 +706%
BJ
91
BlackRock Japan
Japan
$49M +$4.44M +60,164 +10%
RFC
92
Russell Frank Company
Washington
$47.5M -$1.82M -24,602 -4%
AAMU
93
Amundi Asset Management US
Massachusetts
$46.9M -$284K -3,848 -0.6%
AII
94
AGF Investments Inc
Ontario, Canada
$46.8M +$808K +10,950 +2%
Retirement Systems of Alabama
95
Retirement Systems of Alabama
Alabama
$46.7M -$10.1K -137 -0%
Schroder Investment Management Group
96
Schroder Investment Management Group
United Kingdom
$46.7M +$20.6M +278,720 +75%
PI
97
Putnam Investments
Massachusetts
$45M +$30.4M +411,861 +190%
VOYA Investment Management
98
VOYA Investment Management
Georgia
$43M -$4.83M -65,470 -10%
Citigroup
99
Citigroup
New York
$43M -$31.2M -423,401 -41%
Bank of Montreal
100
Bank of Montreal
Ontario, Canada
$42.7M -$16.4M -222,931 -27%

PSX Hedge Fund Activity: Q4 2014 in Review

1,039 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in Phillips 66 (PSX) for Q4 2014, worth a combined $28B — down 17% from $33.7B a quarter earlier.

Buyers outnumbered sellers: 124 funds opened new PSX positions and 98 closed out — a net gain of 26 holders — while 354 added to existing stakes and 410 trimmed.

The largest buyer was Third Point, opening a new position worth an estimated $369M. The largest seller was Americafirst Capital Management, exiting entirely with an estimated $1.44B sold.

  • 1,039 institutional investors held Phillips 66 (PSX) as of Q4 2014, up from 1,027 in Q3 2014.
  • Funds reported $28B of Phillips 66 stock for Q4 2014, down 17% quarter-over-quarter.
  • 124 funds opened new Phillips 66 positions in Q4 2014 and 98 closed out, a net change of +26 holders.
  • The largest Phillips 66 buyer in Q4 2014 was Third Point, an estimated $369M added.
  • The largest Phillips 66 seller in Q4 2014 was Americafirst Capital Management, an estimated $1.44B sold.

Based on aggregated 13F filings for Q4 2014.