Phillips 66
1,539 hedge funds and large institutions have $30.9B invested in Phillips 66 in 2023 Q2 according to their latest regulatory filings, with 103 funds opening new positions, 555 increasing their positions, 617 reducing their positions, and 118 closing their positions.
14% more call options, than puts
Call options by funds: $401M | Put options by funds: $352M
2% less funds holding
Funds holding: 1,569 → 1,539 (-30)
7.39% less ownership
Funds ownership: 78.01% → 70.62% (-7.4%)
8% less capital invested
Capital invested by funds: $33.7B → $30.9B (-$2.84B)
10% less repeat investments, than reductions
Existing positions increased: 555 | Existing positions reduced: 617
13% less first-time investments, than exits
New positions opened: 103 | Existing positions closed: 118
37% less funds holding in top 10
Funds holding in top 10: 19 → 12 (-7)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barclays
London,
United Kingdom
|
+$584M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$224M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$93.1M |
| 4 |
EIM
Elliott Investment Management
West Palm Beach,
Florida
|
+$75.3M |
| 5 |
IIM
INTECH Investment Management
West Palm Beach,
Florida
|
+$50.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OIAM
OFI Invest Asset Management
Paris,
France
|
-$3.04B |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$386M |
| 3 |
Renaissance Technologies
New York
|
-$114M |
| 4 |
State Street
Boston,
Massachusetts
|
-$111M |
| 5 |
HF
HRT Financial
New York
|
-$99.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GFWA
1651
Grey Fox Wealth Advisors
Rockland,
Delaware
| – | -$2.84K | -28 | Closed |
|
|
KM
1652
Kalos Management
Alpharetta,
Georgia
| – | -$2.84K | -28 | Closed |
|
|
RTL
1653
Red Tortoise LLC
Atlanta,
Georgia
| – | -$1.32K | -13 | Closed |
|
|
FCA
1654
Fortis Capital Advisors
Prairie Village,
Kansas
| – | -$1.11K | -11 | Closed |
|
|
HCM
1655
Hollencrest Capital Management
Newport Beach,
California
| – | -$507 | -5 | Closed |
|
1656
Twin Tree Management
Dallas,
Texas
| – | -$194 | -2 | Closed |
|
PSX Hedge Fund Activity: Q2 2023 in Review
1,539 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Phillips 66 (PSX) for Q2 2023, worth a combined $30.9B — down 8.4% from $33.7B a quarter earlier.
Sellers outnumbered buyers: 118 funds closed out of PSX and 103 opened new positions — a net loss of 15 holders — while 617 trimmed existing stakes and 555 added.
The largest buyer was Barclays, adding an estimated $584M. The largest seller was OFI Invest Asset Management, cutting an estimated $3.04B.
- 1,539 institutional investors held Phillips 66 (PSX) as of Q2 2023, down from 1,569 in Q1 2023.
- Funds reported $30.9B of Phillips 66 stock for Q2 2023, down 8.4% quarter-over-quarter.
- 103 funds opened new Phillips 66 positions in Q2 2023 and 118 closed out, a net change of -15 holders.
- The largest Phillips 66 buyer in Q2 2023 was Barclays, an estimated $584M added.
- The largest Phillips 66 seller in Q2 2023 was OFI Invest Asset Management, an estimated $3.04B sold.
Based on aggregated 13F filings for Q2 2023.