Phillips 66
1,357 hedge funds and large institutions have $36.6B invested in Phillips 66 in 2018 Q2 according to their latest regulatory filings, with 144 funds opening new positions, 468 increasing their positions, 505 reducing their positions, and 62 closing their positions.
132% more first-time investments, than exits
New positions opened: 144 | Existing positions closed: 62
85% more funds holding in top 10
Funds holding in top 10: 13 → 24 (+11)
16% more capital invested
Capital invested by funds: $31.5B → $36.6B (+$5.05B)
6% more funds holding
Funds holding: 1,283 → 1,357 (+74)
0% more call options, than puts
Call options by funds: $296M | Put options by funds: $295M
0.09% less ownership
Funds ownership: 70.52% → 70.43% (-0.09%)
7% less repeat investments, than reductions
Existing positions increased: 468 | Existing positions reduced: 505
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$516M |
| 2 |
BlackRock
New York
|
+$247M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
+$174M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$134M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$132M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Berkshire Hathaway
Omaha,
Nebraska
|
-$1.23B |
| 2 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
-$248M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$222M |
| 4 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$180M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$108M |
PSX Hedge Fund Activity: Q2 2018 in Review
1,357 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in Phillips 66 (PSX) for Q2 2018, worth a combined $36.6B — up 16% from $31.5B a quarter earlier.
Buyers outnumbered sellers: 144 funds opened new PSX positions and 62 closed out — a net gain of 82 holders — while 468 added to existing stakes and 505 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $516M. The largest seller was Berkshire Hathaway, cutting an estimated $1.23B.
- 1,357 institutional investors held Phillips 66 (PSX) as of Q2 2018, up from 1,283 in Q1 2018.
- Funds reported $36.6B of Phillips 66 stock for Q2 2018, up 16% quarter-over-quarter.
- 144 funds opened new Phillips 66 positions in Q2 2018 and 62 closed out, a net change of +82 holders.
- The largest Phillips 66 buyer in Q2 2018 was T. Rowe Price Associates, an estimated $516M added.
- The largest Phillips 66 seller in Q2 2018 was Berkshire Hathaway, an estimated $1.23B sold.
Based on aggregated 13F filings for Q2 2018.