Phillips 66
1,278 hedge funds and large institutions have $36.8B invested in Phillips 66 in 2017 Q4 according to their latest regulatory filings, with 193 funds opening new positions, 384 increasing their positions, 476 reducing their positions, and 50 closing their positions.
286% more first-time investments, than exits
New positions opened: 193 | Existing positions closed: 50
12% more funds holding in top 10
Funds holding in top 10: 17 → 19 (+2)
11% more funds holding
Funds holding: 1,147 → 1,278 (+131)
10% more capital invested
Capital invested by funds: $33.4B → $36.8B (+$3.45B)
0.05% less ownership
Funds ownership: 71.24% → 71.19% (-0.05%)
16% less call options, than puts
Call options by funds: $322M | Put options by funds: $382M
19% less repeat investments, than reductions
Existing positions increased: 384 | Existing positions reduced: 476
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$439M |
| 2 |
EIP
Epoch Investment Partners
New York
|
+$176M |
| 3 |
HSBC Holdings
London,
United Kingdom
|
+$49M |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$41.9M |
| 5 |
State Street
Boston,
Massachusetts
|
+$35.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$177M |
| 2 |
O
OppenheimerFunds
New York
|
-$141M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$123M |
| 4 |
First Eagle Investment Management
New York
|
-$120M |
| 5 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$85.4M |
PSX Hedge Fund Activity: Q4 2017 in Review
1,278 of the 4,410 institutional investors tracked by Wall St. Rank reported a position in Phillips 66 (PSX) for Q4 2017, worth a combined $36.8B — up 10% from $33.4B a quarter earlier.
Buyers outnumbered sellers: 193 funds opened new PSX positions and 50 closed out — a net gain of 143 holders — while 384 added to existing stakes and 476 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $439M. The largest seller was JP Morgan Chase, cutting an estimated $177M.
- 1,278 institutional investors held Phillips 66 (PSX) as of Q4 2017, up from 1,147 in Q3 2017.
- Funds reported $36.8B of Phillips 66 stock for Q4 2017, up 10% quarter-over-quarter.
- 193 funds opened new Phillips 66 positions in Q4 2017 and 50 closed out, a net change of +143 holders.
- The largest Phillips 66 buyer in Q4 2017 was Fidelity Investments, an estimated $439M added.
- The largest Phillips 66 seller in Q4 2017 was JP Morgan Chase, an estimated $177M sold.
Based on aggregated 13F filings for Q4 2017.