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Phillips 66

1,282 hedge funds and large institutions have $31.5B invested in Phillips 66 in 2018 Q1 according to their latest regulatory filings, with 104 funds opening new positions, 445 increasing their positions, 508 reducing their positions, and 88 closing their positions.

New
Increased
Maintained
Reduced
Closed

52% more call options, than puts

Call options by funds: $325M | Put options by funds: $214M

18% more first-time investments, than exits

New positions opened: 104 | Existing positions closed: 88

0% more funds holding

Funds holding: 1,2781,282 (+4)

0.67% less ownership

Funds ownership: 71.19%70.52% (-0.67%)

12% less repeat investments, than reductions

Existing positions increased: 445 | Existing positions reduced: 508

14% less capital invested

Capital invested by funds: $36.8B → $31.5B (-$5.29B)

32% less funds holding in top 10

Funds holding in top 10: 1913 (-6)

Holders
1,282
Holders Change
+4
Holders Change %
+0.31%
% of All Funds
29.38%
Holding in Top 10
13
Holding in Top 10 Change
-6
Holding in Top 10 Change %
-31.58%
% of All Funds
0.3%
New
104
Increased
445
Reduced
508
Closed
88
Calls
$325M
Puts
$214M
Net Calls
+$111M
Net Calls Change
+$171M
Name Holding Trade Value Shares
Change
Change in
Stake
BAMF
151
BI Asset Management Fondsmaeglerselskab
Denmark
$15.2M -$341K -3,500 -2%
CBOA
152
Commonwealth Bank of Australia
Australia
$14.4M -$2.42M -24,860 -14%
TAM
153
Telemark Asset Management
Massachusetts
$14.4M +$2.92M +30,000 +25%
FAF
154
Fjarde Ap-fonden
Sweden
$14.3M -$46.4K -477 -0.3%
State of Tennessee, Department of Treasury
155
State of Tennessee, Department of Treasury
Tennessee
$14M +$381K +3,912 +3%
TH
156
TCTC Holdings
Texas
$13.7M -$28.2K -290 -0.2%
UCFA
157
United Capital Financial Advisors
Texas
$13.5M +$11.2K +115 +0.1%
GIBU
158
Gulf International Bank (UK)
United Kingdom
$13.2M -$20.6K -212 -0.2%
GH
159
GAM Holding
Switzerland
$13.1M -$1.3M -13,402 -9%
CIC
160
Carnegie Investment Counsel
Ohio
$13M +$3.03M +31,119 +35%
AIG
161
American International Group
New York
$13M -$276K -2,835 -2%
SIM
162
Spark Investment Management
New York
$12.9M -$4.24M -43,600 -25%
SEI Investments
163
SEI Investments
Pennsylvania
$12.8M +$521K +5,349 +4%
HighTower Advisors
164
HighTower Advisors
Illinois
$12.8M +$91.6K +941 +0.7%
SCM
165
Sterling Capital Management
North Carolina
$12.5M +$1.07M +10,960 +9%
MIM
166
MetLife Investment Management
New Jersey
$12.1M -$642K -6,594 -5%
MSR
167
Main Street Research
Connecticut
$12.1M +$643K +6,606 +6%
ABC
168
Associated Banc-Corp
Wisconsin
$12M -$316K -3,246 -3%
SOADOR
169
State of Alaska Department of Revenue
Alaska
$12M +$2.55M +26,160 +26%
ASRS
170
Arizona State Retirement System
Arizona
$12M +$389K +4,000 +3%
GAI
171
General American Investors
New York
$12M +$12.2M +125,000 New
SOMRS
172
State of Michigan Retirement System
Michigan
$11.9M -$224K -2,300 -2%
FFIC
173
First Fiduciary Investment Counsel
Ohio
$11.8M -$90K -925 -0.7%
GLA
174
Great Lakes Advisors
Illinois
$11.8M -$49.2M -505,730 -80%
Bank of Nova Scotia
175
Bank of Nova Scotia
Ontario, Canada
$11.7M +$5.24M +53,821 +79%

PSX Hedge Fund Activity: Q1 2018 in Review

1,282 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Phillips 66 (PSX) for Q1 2018, worth a combined $31.5B — down 14% from $36.8B a quarter earlier.

Buyers outnumbered sellers: 104 funds opened new PSX positions and 88 closed out — a net gain of 16 holders — while 445 added to existing stakes and 508 trimmed.

The largest buyer was Eaton Vance Management, adding an estimated $202M. The largest seller was Berkshire Hathaway, cutting an estimated $3.41B.

  • 1,282 institutional investors held Phillips 66 (PSX) as of Q1 2018, up from 1,278 in Q4 2017.
  • Funds reported $31.5B of Phillips 66 stock for Q1 2018, down 14% quarter-over-quarter.
  • 104 funds opened new Phillips 66 positions in Q1 2018 and 88 closed out, a net change of +16 holders.
  • The largest Phillips 66 buyer in Q1 2018 was Eaton Vance Management, an estimated $202M added.
  • The largest Phillips 66 seller in Q1 2018 was Berkshire Hathaway, an estimated $3.41B sold.

Based on aggregated 13F filings for Q1 2018.