Phillips 66
1,790 hedge funds and large institutions have $44.7B invested in Phillips 66 in 2023 Q4 according to their latest regulatory filings, with 257 funds opening new positions, 570 increasing their positions, 678 reducing their positions, and 102 closing their positions.
152% more first-time investments, than exits
New positions opened: 257 | Existing positions closed: 102
33% more call options, than puts
Call options by funds: $849M | Put options by funds: $636M
19% more funds holding in top 10
Funds holding in top 10: 27 → 32 (+5)
16% more capital invested
Capital invested by funds: $38.5B → $44.7B (+$6.16B)
8% more funds holding
Funds holding: 1,661 → 1,790 (+129)
4.24% more ownership
Funds ownership: 72.01% → 76.25% (+4.2%)
16% less repeat investments, than reductions
Existing positions increased: 570 | Existing positions reduced: 678
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$874M |
| 2 |
Harris Associates
Chicago,
Illinois
|
+$597M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
+$418M |
| 4 |
Barclays
London,
United Kingdom
|
+$347M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$220M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Aristotle Capital Management
Los Angeles,
California
|
-$227M |
| 2 |
State Street
Boston,
Massachusetts
|
-$167M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$155M |
| 4 |
Millennium Management
New York
|
-$121M |
| 5 |
Aberdeen Group
Edinburgh,
United Kingdom
|
-$92.8M |
PSX Hedge Fund Activity: Q4 2023 in Review
1,790 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Phillips 66 (PSX) for Q4 2023, worth a combined $44.7B — up 16% from $38.5B a quarter earlier.
Buyers outnumbered sellers: 257 funds opened new PSX positions and 102 closed out — a net gain of 155 holders — while 570 added to existing stakes and 678 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $874M. The largest seller was Aristotle Capital Management, cutting an estimated $227M.
- 1,790 institutional investors held Phillips 66 (PSX) as of Q4 2023, up from 1,661 in Q3 2023.
- Funds reported $44.7B of Phillips 66 stock for Q4 2023, up 16% quarter-over-quarter.
- 257 funds opened new Phillips 66 positions in Q4 2023 and 102 closed out, a net change of +155 holders.
- The largest Phillips 66 buyer in Q4 2023 was Morgan Stanley, an estimated $874M added.
- The largest Phillips 66 seller in Q4 2023 was Aristotle Capital Management, an estimated $227M sold.
Based on aggregated 13F filings for Q4 2023.