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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
Chevy Chase Trust
101
Chevy Chase Trust
Maryland
$33.1M -$2.65M -30,714 -7%
TBC
102
Tweedy, Browne Co
Connecticut
$32.5M -$88.9K -1,030 -0.3%
NRECA
103
National Rural Electric Cooperative Association
Virginia
$32.4M -$34.5M -400,000 -50%
Canada Life
104
Canada Life
Manitoba, Canada
$32.2M +$2.45M +28,408 +8%
TRSOTSOK
105
Teachers Retirement System of the State of Kentucky
Kentucky
$32.1M -$2.6M -30,180 -7%
BA
106
BlackRock Advisors
Delaware
$32M -$21M -243,877 -38%
GLA
107
Great Lakes Advisors
Illinois
$31.5M -$869K -10,071 -3%
Teacher Retirement System of Texas
108
Teacher Retirement System of Texas
Texas
$31.2M -$4.57M -52,960 -12%
PI
109
PGGM Investments
Netherlands
$29.5M -$1.22M -14,167 -4%
Ninety One (UK)
110
Ninety One (UK)
United Kingdom
$29.1M -$12.8M -147,754 -29%
Bank of Montreal
111
Bank of Montreal
Ontario, Canada
$28.2M +$2.95M +34,156 +11%
BCM
112
Bridgeway Capital Management
Texas
$28.1M -$151K -1,750 -0.5%
EPFB
113
Employees Provident Fund Board
Malaysia
$28M -$2.36M -27,383 -7%
SO
114
STRS Ohio
Ohio
$27.7M +$248K +2,876 +0.9%
RMDI
115
R.M. Davis Inc
Maine
$27.6M +$846K +9,802 +3%
RCM
116
RNC Capital Management
California
$26.7M -$4.97M -57,593 -15%
BCIM
117
British Columbia Investment Management
British Columbia, Canada
$26.1M +$1.29M +14,993 +5%
NIM
118
NXG Investment Management
Texas
$25.7M -$8.27M -95,889 -23%
ANRF
119
Adams Natural Resources Fund
Maryland
$25.6M -$10.2M -118,400 -27%
Axa
120
Axa
France
$25.2M +$4.32M +50,025 +19%
Aviva
121
Aviva
United Kingdom
$24.2M -$288K -3,338 -1%
Jacobs Levy Equity Management
122
Jacobs Levy Equity Management
New Jersey
$24.1M +$2.79M +32,330 +12%
RFC
123
Regions Financial Corp
Alabama
$23.9M -$1.58M -18,264 -6%
National Pension Service
124
National Pension Service
South Korea
$23.8M +$1.53M +17,781 +7%
Arrowstreet Capital
125
Arrowstreet Capital
Massachusetts
$23.5M +$14.9M +172,600 +150%

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.