Phillips 66
1,222 hedge funds and large institutions have $16B invested in Phillips 66 in 2020 Q1 according to their latest regulatory filings, with 87 funds opening new positions, 416 increasing their positions, 589 reducing their positions, and 384 closing their positions.
25% more call options, than puts
Call options by funds: $143M | Put options by funds: $115M
1.34% less ownership
Funds ownership: 69.4% → 68.07% (-1.3%)
15% less funds holding in top 10
Funds holding in top 10: 13 → 11 (-2)
21% less funds holding
Funds holding: 1,539 → 1,222 (-317)
29% less repeat investments, than reductions
Existing positions increased: 416 | Existing positions reduced: 589
53% less capital invested
Capital invested by funds: $34.4B → $16B (-$18.3B)
77% less first-time investments, than exits
New positions opened: 87 | Existing positions closed: 384
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$142M |
| 2 |
BlackRock
New York
|
+$96.7M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
+$73.2M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$68.9M |
| 5 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
+$64.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$214M |
| 2 |
Goldman Sachs
New York
|
-$170M |
| 3 |
Neuberger Berman Group
New York
|
-$130M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
-$108M |
| 5 |
JP Morgan Chase
New York
|
-$106M |
PSX Hedge Fund Activity: Q1 2020 in Review
1,222 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Phillips 66 (PSX) for Q1 2020, worth a combined $16B — down 53% from $34.4B a quarter earlier.
Sellers outnumbered buyers: 384 funds closed out of PSX and 87 opened new positions — a net loss of 297 holders — while 589 trimmed existing stakes and 416 added.
The largest buyer was State Street, adding an estimated $142M. The largest seller was Renaissance Technologies, exiting entirely with an estimated $214M sold.
- 1,222 institutional investors held Phillips 66 (PSX) as of Q1 2020, down from 1,539 in Q4 2019.
- Funds reported $16B of Phillips 66 stock for Q1 2020, down 53% quarter-over-quarter.
- 87 funds opened new Phillips 66 positions in Q1 2020 and 384 closed out, a net change of -297 holders.
- The largest Phillips 66 buyer in Q1 2020 was State Street, an estimated $142M added.
- The largest Phillips 66 seller in Q1 2020 was Renaissance Technologies, an estimated $214M sold.
Based on aggregated 13F filings for Q1 2020.