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Phillips 66

1,039 hedge funds and large institutions have $28B invested in Phillips 66 in 2014 Q4 according to their latest regulatory filings, with 124 funds opening new positions, 354 increasing their positions, 410 reducing their positions, and 98 closing their positions.

New
Increased
Maintained
Reduced
Closed

71% more call options, than puts

Call options by funds: $464M | Put options by funds: $272M

27% more first-time investments, than exits

New positions opened: 124 | Existing positions closed: 98

1% more funds holding

Funds holding: 1,0271,039 (+12)

0.45% less ownership

Funds ownership: 71%70.55% (-0.45%)

14% less repeat investments, than reductions

Existing positions increased: 354 | Existing positions reduced: 410

17% less capital invested

Capital invested by funds: $33.7B → $28B (-$5.69B)

24% less funds holding in top 10

Funds holding in top 10: 2116 (-5)

Holders
1,039
Holders Change
+12
Holders Change %
+1.17%
% of All Funds
27.71%
Holding in Top 10
16
Holding in Top 10 Change
-5
Holding in Top 10 Change %
-23.81%
% of All Funds
0.43%
New
124
Increased
354
Reduced
410
Closed
98
Calls
$464M
Puts
$272M
Net Calls
+$192M
Net Calls Change
+$57.9M
Name Holding Trade Value Shares
Change
Change in
Stake
QI
151
QS Investors
New York
$22.4M +$21.8M +294,963 +1,630%
FPP
152
Findlay Park Partners
United Kingdom
$22.4M +$23M +312,000 New
TD Asset Management
153
TD Asset Management
Ontario, Canada
$22M +$835K +11,314 +4%
BNP Paribas Financial Markets
154
BNP Paribas Financial Markets
France
$21.8M +$1.83M +24,839 +9%
FRM
155
Foundation Resource Management
Arkansas
$21.6M -$84.5K -1,146 -0.4%
WM
156
WS Management
Florida
$21.5M
Susquehanna International Group
157
Susquehanna International Group
Pennsylvania
$21.4M +$15.6M +211,710 +246%
IA
158
Icon Advisers
Colorado
$21.1M +$7.81M +105,900 +56%
RMDI
159
R.M. Davis Inc
Maine
$20.8M +$2.47M +33,441 +13%
Aviva
160
Aviva
United Kingdom
$20.8M +$137K +1,857 +0.6%
SG Americas Securities
161
SG Americas Securities
New York
$19.5M +$16.5M +223,449 +454%
SCM
162
SKBA Capital Management
California
$19.3M +$347K +4,700 +2%
N
163
Natixis
France
$18.7M +$3.63M +49,233 +23%
KBC Group
164
KBC Group
Belgium
$18.1M +$15.6M +211,561 +513%
Nisa Investment Advisors
165
Nisa Investment Advisors
Missouri
$17.9M -$439K -5,950 -2%
Franklin Resources
166
Franklin Resources
California
$17.4M -$1.78M -24,172 -9%
Capital Fund Management (CFM)
167
Capital Fund Management (CFM)
France
$16.9M -$21.9M -296,222 -56%
CCP
168
Clough Capital Partners
Massachusetts
$16.6M +$6.83M +92,600 +66%
ASRS
169
Arizona State Retirement System
Arizona
$16.6M +$5.6M +75,900 +49%
AAM
170
Aberdeen Asset Management
United Kingdom
$16.5M -$5.21M -70,559 -23%
SOMRS
171
State of Michigan Retirement System
Michigan
$16.3M -$81.2K -1,100 -0.5%
AIG
172
American International Group
New York
$16.2M -$807K -10,932 -5%
SC
173
Saturna Capital
Washington
$16M
COPPSERS
174
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$15.9M +$2.33M +31,636 +17%
FQ
175
First Quadrant
California
$15.5M -$2.06M -27,890 -11%

PSX Hedge Fund Activity: Q4 2014 in Review

1,039 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in Phillips 66 (PSX) for Q4 2014, worth a combined $28B — down 17% from $33.7B a quarter earlier.

Buyers outnumbered sellers: 124 funds opened new PSX positions and 98 closed out — a net gain of 26 holders — while 354 added to existing stakes and 410 trimmed.

The largest buyer was Third Point, opening a new position worth an estimated $369M. The largest seller was Americafirst Capital Management, exiting entirely with an estimated $1.44B sold.

  • 1,039 institutional investors held Phillips 66 (PSX) as of Q4 2014, up from 1,027 in Q3 2014.
  • Funds reported $28B of Phillips 66 stock for Q4 2014, down 17% quarter-over-quarter.
  • 124 funds opened new Phillips 66 positions in Q4 2014 and 98 closed out, a net change of +26 holders.
  • The largest Phillips 66 buyer in Q4 2014 was Third Point, an estimated $369M added.
  • The largest Phillips 66 seller in Q4 2014 was Americafirst Capital Management, an estimated $1.44B sold.

Based on aggregated 13F filings for Q4 2014.