Phillips 66
1,123 hedge funds and large institutions have $32.3B invested in Phillips 66 in 2016 Q1 according to their latest regulatory filings, with 92 funds opening new positions, 406 increasing their positions, 452 reducing their positions, and 81 closing their positions.
35% more funds holding in top 10
Funds holding in top 10: 20 → 27 (+7)
35% more call options, than puts
Call options by funds: $397M | Put options by funds: $294M
14% more first-time investments, than exits
New positions opened: 92 | Existing positions closed: 81
2.81% more ownership
Funds ownership: 71% → 73.81% (+2.8%)
4% more capital invested
Capital invested by funds: $30.9B → $32.3B (+$1.38B)
0% less funds holding
Funds holding: 1,126 → 1,123 (-3)
10% less repeat investments, than reductions
Existing positions increased: 406 | Existing positions reduced: 452
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Berkshire Hathaway
Omaha,
Nebraska
|
+$1.14B |
| 2 |
Royal London Asset Management
United Kingdom
|
+$903M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$91.1M |
| 4 |
NSLI
Nan Shan Life Insurance
Taipei City,
Taiwan
|
+$89.4M |
| 5 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
+$58.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
-$330M |
| 2 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$315M |
| 3 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$100M |
| 4 |
Renaissance Technologies
New York
|
-$95.9M |
| 5 |
Goldman Sachs
New York
|
-$88.8M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LJHT
1201
Laurie J. Hall Trustee
| – | -$4K | -50 | Closed |
|
1202
1832 Asset Management
Toronto,
Ontario, Canada
| – | -$3K | -40 | Closed |
|
|
SFPM
1203
Sensible Financial Planning & Management
Waltham,
Massachusetts
| – | -$2K | -25 | Closed |
|
|
AIC
1204
Ayalon Insurance Company
Ramat Gan,
Israel
| – | -$2K | -20 | Closed |
|
PSX Hedge Fund Activity: Q1 2016 in Review
1,123 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in Phillips 66 (PSX) for Q1 2016, worth a combined $32.3B — up 4.5% from $30.9B a quarter earlier.
Buyers outnumbered sellers: 92 funds opened new PSX positions and 81 closed out — a net gain of 11 holders — while 406 added to existing stakes and 452 trimmed.
The largest buyer was Berkshire Hathaway, adding an estimated $1.14B. The largest seller was D.E. Shaw & Co, cutting an estimated $330M.
- 1,123 institutional investors held Phillips 66 (PSX) as of Q1 2016, down from 1,126 in Q4 2015.
- Funds reported $32.3B of Phillips 66 stock for Q1 2016, up 4.5% quarter-over-quarter.
- 92 funds opened new Phillips 66 positions in Q1 2016 and 81 closed out, a net change of +11 holders.
- The largest Phillips 66 buyer in Q1 2016 was Berkshire Hathaway, an estimated $1.14B added.
- The largest Phillips 66 seller in Q1 2016 was D.E. Shaw & Co, an estimated $330M sold.
Based on aggregated 13F filings for Q1 2016.