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Phillips 66

1,126 hedge funds and large institutions have $30.9B invested in Phillips 66 in 2015 Q4 according to their latest regulatory filings, with 141 funds opening new positions, 383 increasing their positions, 422 reducing their positions, and 50 closing their positions.

New
Increased
Maintained
Reduced
Closed

182% more first-time investments, than exits

New positions opened: 141 | Existing positions closed: 50

24% more call options, than puts

Call options by funds: $314M | Put options by funds: $252M

7% more funds holding

Funds holding: 1,0481,126 (+78)

3% more capital invested

Capital invested by funds: $29.9B → $30.9B (+$1.02B)

9% less repeat investments, than reductions

Existing positions increased: 383 | Existing positions reduced: 422

1.46% less ownership

Funds ownership: 72.46%71% (-1.5%)

17% less funds holding in top 10

Funds holding in top 10: 2420 (-4)

Holders
1,126
Holders Change
+78
Holders Change %
+7.44%
% of All Funds
29.53%
Holding in Top 10
20
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-16.67%
% of All Funds
0.52%
New
141
Increased
383
Reduced
422
Closed
50
Calls
$314M
Puts
$252M
Net Calls
+$61.4M
Net Calls Change
-$165M
Name Holding Trade Value Shares
Change
Change in
Stake
NCM
1126
Nelson Capital Management
California
$1K
Lazard Asset Management
1127
Lazard Asset Management
New York
$1K +$1.38K +16 New
WA
1128
WBH Advisory
Maryland
$672 -$353K -4,086 -33%
CA
1129
Cortland Advisers
Delaware
-$59.6M -775,794 Closed
CCM
1130
Cobalt Capital Management
New Jersey
-$24.1M -313,381 Closed
Point72 Asset Management
1131
Point72 Asset Management
Connecticut
-$22.3M -290,000 Closed
ARC
1132
Absolute Return Capital
Massachusetts
-$9.25M -120,419 Closed
AII
1133
AGF Investments Inc
Ontario, Canada
-$6.84M -88,427 Closed
Connor, Clark & Lunn Investment Management (CC&L)
1134
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
-$3.01M -39,200 Closed
LK
1135
Lumbard & Kellner
New Hampshire
-$2.42M -31,432 Closed
DVM
1136
Dreman Value Management
Florida
-$2.34M -30,479 Closed
GWM
1137
Greenwich Wealth Management
Connecticut
-$2.13M -27,700 Closed
SIP
1138
Stoneridge Investment Partners
Pennsylvania
-$1.86M -24,262 Closed
CIM
1139
Calvert Investment Management
Maryland
-$1.68M -21,807 Closed
CIM
1140
CIM Investment Management
Pennsylvania
-$1.64M -21,321 Closed
EOCM
1141
Energy Opportunities Capital Management
Texas
-$1.38M -17,900 Closed
ZCM
1142
Zebra Capital Management
Connecticut
-$1.12M -14,564 Closed
PRA
1143
Parametric Risk Advisors
Connecticut
-$891K -11,600 Closed
ASC
1144
Atalanta Sosnoff Capital
New York
-$727K -9,455 Closed
NG
1145
NatWest Group
United Kingdom
-$620K -8,068 Closed
LOAMS
1146
Lombard Odier Asset Management (Switzerland)
Switzerland
-$564K -7,341 Closed
TCP
1147
TAMRO Capital Partners
Virginia
-$447K -5,817 Closed
CC
1148
Curian Capital
Colorado
-$386K -5,025 Closed
FI
1149
FormulaFolio Investments
Michigan
-$365K -4,750 Closed
JIM
1150
Jupiter Investment Management
United Kingdom
-$299K -3,900 Closed

PSX Hedge Fund Activity: Q4 2015 in Review

1,126 of the 3,813 institutional investors tracked by Wall St. Rank reported a position in Phillips 66 (PSX) for Q4 2015, worth a combined $30.9B — up 3.4% from $29.9B a quarter earlier.

Buyers outnumbered sellers: 141 funds opened new PSX positions and 50 closed out — a net gain of 91 holders — while 383 added to existing stakes and 422 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $139M. The largest seller was D.E. Shaw & Co, cutting an estimated $444M.

  • 1,126 institutional investors held Phillips 66 (PSX) as of Q4 2015, up from 1,048 in Q3 2015.
  • Funds reported $30.9B of Phillips 66 stock for Q4 2015, up 3.4% quarter-over-quarter.
  • 141 funds opened new Phillips 66 positions in Q4 2015 and 50 closed out, a net change of +91 holders.
  • The largest Phillips 66 buyer in Q4 2015 was Fidelity Investments, an estimated $139M added.
  • The largest Phillips 66 seller in Q4 2015 was D.E. Shaw & Co, an estimated $444M sold.

Based on aggregated 13F filings for Q4 2015.