Phillips 66
1,538 hedge funds and large institutions have $34.4B invested in Phillips 66 in 2019 Q4 according to their latest regulatory filings, with 225 funds opening new positions, 514 increasing their positions, 566 reducing their positions, and 55 closing their positions.
309% more first-time investments, than exits
New positions opened: 225 | Existing positions closed: 55
18% more funds holding in top 10
Funds holding in top 10: 11 → 13 (+2)
11% more funds holding
Funds holding: 1,390 → 1,538 (+148)
9% more capital invested
Capital invested by funds: $31.6B → $34.4B (+$2.72B)
0.5% more ownership
Funds ownership: 68.91% → 69.4% (+0.5%)
9% less repeat investments, than reductions
Existing positions increased: 514 | Existing positions reduced: 566
23% less call options, than puts
Call options by funds: $274M | Put options by funds: $354M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Aristotle Capital Management
Los Angeles,
California
|
+$279M |
| 2 |
Renaissance Technologies
New York
|
+$193M |
| 3 |
Truist Financial
Charlotte,
North Carolina
|
+$162M |
| 4 |
Goldman Sachs
New York
|
+$150M |
| 5 |
DZ Bank
Frankfurt Am Main,
Germany
|
+$102M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$670M |
| 2 |
Berkshire Hathaway
Omaha,
Nebraska
|
-$557M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$176M |
| 4 |
BlackRock
New York
|
-$89.7M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$71.6M |
PSX Hedge Fund Activity: Q4 2019 in Review
1,538 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Phillips 66 (PSX) for Q4 2019, worth a combined $34.4B — up 8.6% from $31.6B a quarter earlier.
Buyers outnumbered sellers: 225 funds opened new PSX positions and 55 closed out — a net gain of 170 holders — while 514 added to existing stakes and 566 trimmed.
The largest buyer was Aristotle Capital Management, adding an estimated $279M. The largest seller was Barrow, Hanley, Mewhinney & Strauss, cutting an estimated $670M.
- 1,538 institutional investors held Phillips 66 (PSX) as of Q4 2019, up from 1,390 in Q3 2019.
- Funds reported $34.4B of Phillips 66 stock for Q4 2019, up 8.6% quarter-over-quarter.
- 225 funds opened new Phillips 66 positions in Q4 2019 and 55 closed out, a net change of +170 holders.
- The largest Phillips 66 buyer in Q4 2019 was Aristotle Capital Management, an estimated $279M added.
- The largest Phillips 66 seller in Q4 2019 was Barrow, Hanley, Mewhinney & Strauss, an estimated $670M sold.
Based on aggregated 13F filings for Q4 2019.