Phillips 66
1,271 hedge funds and large institutions have $25B invested in Phillips 66 in 2021 Q1 according to their latest regulatory filings, with 132 funds opening new positions, 436 increasing their positions, 496 reducing their positions, and 83 closing their positions.
78% more call options, than puts
Call options by funds: $400M | Put options by funds: $224M
59% more first-time investments, than exits
New positions opened: 132 | Existing positions closed: 83
19% more capital invested
Capital invested by funds: $21.1B → $25B (+$3.95B)
3% more funds holding
Funds holding: 1,235 → 1,271 (+36)
1.63% more ownership
Funds ownership: 68.82% → 70.45% (+1.6%)
0% more funds holding in top 10
Funds holding in top 10: 8 → 8 (0)
12% less repeat investments, than reductions
Existing positions increased: 436 | Existing positions reduced: 496
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$188M |
| 2 |
D.E. Shaw & Co
New York
|
+$85.4M |
| 3 |
KBC Group
Brussels,
Belgium
|
+$79.5M |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$74.3M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$70.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSV Asset Management
Chicago,
Illinois
|
-$75.1M |
| 2 |
Bank of New York Mellon
New York
|
-$65.9M |
| 3 |
PP
Prudential plc
London, England,
United Kingdom
|
-$49.2M |
| 4 |
Sumitomo Mitsui Trust Group
Minato-Ku, Tokyo,
Japan
|
-$29.6M |
| 5 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$25.7M |
PSX Hedge Fund Activity: Q1 2021 in Review
1,271 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Phillips 66 (PSX) for Q1 2021, worth a combined $25B — up 19% from $21.1B a quarter earlier.
Buyers outnumbered sellers: 132 funds opened new PSX positions and 83 closed out — a net gain of 49 holders — while 436 added to existing stakes and 496 trimmed.
The largest buyer was State Street, adding an estimated $188M. The largest seller was LSV Asset Management, cutting an estimated $75.1M.
- 1,271 institutional investors held Phillips 66 (PSX) as of Q1 2021, up from 1,235 in Q4 2020.
- Funds reported $25B of Phillips 66 stock for Q1 2021, up 19% quarter-over-quarter.
- 132 funds opened new Phillips 66 positions in Q1 2021 and 83 closed out, a net change of +49 holders.
- The largest Phillips 66 buyer in Q1 2021 was State Street, an estimated $188M added.
- The largest Phillips 66 seller in Q1 2021 was LSV Asset Management, an estimated $75.1M sold.
Based on aggregated 13F filings for Q1 2021.