Phillips 66
1,390 hedge funds and large institutions have $31.6B invested in Phillips 66 in 2019 Q3 according to their latest regulatory filings, with 117 funds opening new positions, 514 increasing their positions, 518 reducing their positions, and 75 closing their positions.
56% more first-time investments, than exits
New positions opened: 117 | Existing positions closed: 75
38% more funds holding in top 10
Funds holding in top 10: 8 → 11 (+3)
35% more call options, than puts
Call options by funds: $281M | Put options by funds: $208M
8% more capital invested
Capital invested by funds: $29.3B → $31.6B (+$2.36B)
3% more funds holding
Funds holding: 1,356 → 1,390 (+34)
0.24% less ownership
Funds ownership: 69.15% → 68.91% (-0.24%)
1% less repeat investments, than reductions
Existing positions increased: 514 | Existing positions reduced: 518
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$167M |
| 2 |
State Street
Boston,
Massachusetts
|
+$107M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
+$85.9M |
| 4 |
BlackRock
New York
|
+$77M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
+$65.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$128M |
| 2 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$125M |
| 3 |
ClearBridge Investments
New York
|
-$92.6M |
| 4 |
Two Sigma Advisers
New York
|
-$76.9M |
| 5 |
USAA
United Services Automobile Association
San Antonio,
Texas
|
-$71.3M |
PSX Hedge Fund Activity: Q3 2019 in Review
1,390 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in Phillips 66 (PSX) for Q3 2019, worth a combined $31.6B — up 8.1% from $29.3B a quarter earlier.
Buyers outnumbered sellers: 117 funds opened new PSX positions and 75 closed out — a net gain of 42 holders — while 514 added to existing stakes and 518 trimmed.
The largest buyer was Vanguard Group, adding an estimated $167M. The largest seller was Goldman Sachs, cutting an estimated $128M.
- 1,390 institutional investors held Phillips 66 (PSX) as of Q3 2019, up from 1,356 in Q2 2019.
- Funds reported $31.6B of Phillips 66 stock for Q3 2019, up 8.1% quarter-over-quarter.
- 117 funds opened new Phillips 66 positions in Q3 2019 and 75 closed out, a net change of +42 holders.
- The largest Phillips 66 buyer in Q3 2019 was Vanguard Group, an estimated $167M added.
- The largest Phillips 66 seller in Q3 2019 was Goldman Sachs, an estimated $128M sold.
Based on aggregated 13F filings for Q3 2019.