Phillips 66
1,781 hedge funds and large institutions have $44.2B invested in Phillips 66 in 2024 Q2 according to their latest regulatory filings, with 111 funds opening new positions, 642 increasing their positions, 694 reducing their positions, and 180 closing their positions.
19% more call options, than puts
Call options by funds: $493M | Put options by funds: $416M
7% less repeat investments, than reductions
Existing positions increased: 642 | Existing positions reduced: 694
1.21% less ownership
Funds ownership: 75.08% → 73.88% (-1.2%)
5% less funds holding
Funds holding: 1,876 → 1,781 (-95)
15% less capital invested
Capital invested by funds: $52.2B → $44.2B (-$8.05B)
34% less funds holding in top 10
Funds holding in top 10: 41 → 27 (-14)
38% less first-time investments, than exits
New positions opened: 111 | Existing positions closed: 180
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nomura Holdings
Tokyo,
Japan
|
+$368M |
| 2 |
Harris Associates
Chicago,
Illinois
|
+$135M |
| 3 |
State Street
Boston,
Massachusetts
|
+$116M |
| 4 |
UBS AM
Chicago,
Illinois
|
+$90.1M |
| 5 |
Barclays
London,
United Kingdom
|
+$89M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$484M |
| 2 |
Geode Capital Management
Boston,
Massachusetts
|
-$226M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$199M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$197M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$141M |
PSX Hedge Fund Activity: Q2 2024 in Review
1,781 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Phillips 66 (PSX) for Q2 2024, worth a combined $44.2B — down 15% from $52.2B a quarter earlier.
Sellers outnumbered buyers: 180 funds closed out of PSX and 111 opened new positions — a net loss of 69 holders — while 694 trimmed existing stakes and 642 added.
The largest buyer was Nomura Holdings, adding an estimated $368M. The largest seller was BlackRock, cutting an estimated $484M.
- 1,781 institutional investors held Phillips 66 (PSX) as of Q2 2024, down from 1,876 in Q1 2024.
- Funds reported $44.2B of Phillips 66 stock for Q2 2024, down 15% quarter-over-quarter.
- 111 funds opened new Phillips 66 positions in Q2 2024 and 180 closed out, a net change of -69 holders.
- The largest Phillips 66 buyer in Q2 2024 was Nomura Holdings, an estimated $368M added.
- The largest Phillips 66 seller in Q2 2024 was BlackRock, an estimated $484M sold.
Based on aggregated 13F filings for Q2 2024.