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Phillips 66

910 hedge funds and large institutions have $24B invested in Phillips 66 in 2013 Q3 according to their latest regulatory filings, with 69 funds opening new positions, 318 increasing their positions, 383 reducing their positions, and 84 closing their positions.

New
Increased
Maintained
Reduced
Closed

62% more call options, than puts

Call options by funds: $611M | Put options by funds: $378M

0.01% more ownership

Funds ownership: 68.07%68.08% (+0.01%)

3% less capital invested

Capital invested by funds: $24.8B → $24B (-$794M)

3% less funds holding

Funds holding: 934910 (-24)

17% less repeat investments, than reductions

Existing positions increased: 318 | Existing positions reduced: 383

18% less first-time investments, than exits

New positions opened: 69 | Existing positions closed: 84

53% less funds holding in top 10

Funds holding in top 10: 178 (-9)

Holders
910
Holders Change
-24
Holders Change %
-2.57%
% of All Funds
29.51%
Holding in Top 10
8
Holding in Top 10 Change
-9
Holding in Top 10 Change %
-52.94%
% of All Funds
0.26%
New
69
Increased
318
Reduced
383
Closed
84
Calls
$611M
Puts
$378M
Net Calls
+$233M
Net Calls Change
-$66M
Name Holding Trade Value Shares
Change
Change in
Stake
Federated Hermes
101
Federated Hermes
Pennsylvania
$32.8M +$19.8M +342,180 +152%
Chevy Chase Trust
102
Chevy Chase Trust
Maryland
$31.5M +$1.63M +28,184 +5%
Ohio Public Employees Retirement System (OPERS)
103
Ohio Public Employees Retirement System (OPERS)
Ohio
$31.2M -$548K -9,459 -2%
MF
104
Magnetar Financial
Illinois
$31.2M +$31.3M +539,900 New
Nomura Holdings
105
Nomura Holdings
Japan
$30.9M +$26.8M +461,586 +638%
NFA
106
Nationwide Fund Advisors
Ohio
$30.7M +$1.12M +19,315 +4%
PAM
107
Panagora Asset Management
Massachusetts
$30.3M -$17.9M -308,057 -37%
NIM
108
NXG Investment Management
Texas
$30.1M +$896K +15,449 +3%
Citadel Advisors
109
Citadel Advisors
Florida
$30.1M -$64.9M -1,119,349 -68%
BCIM
110
British Columbia Investment Management
British Columbia, Canada
$29.9M -$3.95M -68,057 -12%
US Bancorp
111
US Bancorp
Minnesota
$28.6M -$2.05M -35,443 -7%
GF
112
Gabelli Funds
New York
$28.5M +$1.82M +31,400 +7%
Comerica Bank
113
Comerica Bank
Texas
$28.3M -$1.33M -23,007 -4%
U
114
UBS
Switzerland
$28.2M -$2.16M -37,267 -7%
Caisse de Depot et Placement du Quebec (CDPQ)
115
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$28.1M -$4.43M -76,400 -14%
Millennium Management
116
Millennium Management
New York
$27.7M -$19.9M -342,535 -42%
BPM
117
Bronson Point Management
Connecticut
$27.5M +$7.63M +131,600 +38%
USAA
118
United Services Automobile Association
Texas
$27.2M -$3.29M -56,704 -11%
Balyasny Asset Management
119
Balyasny Asset Management
Illinois
$27.1M +$27.2M +468,800 New
SB
120
Suntrust Banks
Georgia
$26.6M +$15.4M +266,468 +137%
TRSOTSOK
121
Teachers Retirement System of the State of Kentucky
Kentucky
$26.2M +$4.65M +80,200 +21%
AI
122
Analytic Investors
California
$25.7M +$5.4M +93,166 +26%
SCP
123
Seizert Capital Partners
Michigan
$25.7M -$10.6M -182,797 -29%
Nordea Investment Management
124
Nordea Investment Management
Sweden
$25.5M +$177K +3,055 +0.7%
O
125
OppenheimerFunds
New York
$25.3M -$41.2M -709,841 -62%

PSX Hedge Fund Activity: Q3 2013 in Review

910 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Phillips 66 (PSX) for Q3 2013, worth a combined $24B — down 3.2% from $24.8B a quarter earlier.

Sellers outnumbered buyers: 84 funds closed out of PSX and 69 opened new positions — a net loss of 15 holders — while 383 trimmed existing stakes and 318 added.

The largest buyer was Wellington Management Group, adding an estimated $449M. The largest seller was Capital World Investors, cutting an estimated $409M.

  • 910 institutional investors held Phillips 66 (PSX) as of Q3 2013, down from 934 in Q2 2013.
  • Funds reported $24B of Phillips 66 stock for Q3 2013, down 3.2% quarter-over-quarter.
  • 69 funds opened new Phillips 66 positions in Q3 2013 and 84 closed out, a net change of -15 holders.
  • The largest Phillips 66 buyer in Q3 2013 was Wellington Management Group, an estimated $449M added.
  • The largest Phillips 66 seller in Q3 2013 was Capital World Investors, an estimated $409M sold.

Based on aggregated 13F filings for Q3 2013.