Phillips 66
PSX
1,041 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, 356 increasing their positions, 409 reducing their positions, and 98 closing their positions.
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: 1,029 → 1,041 (+12)
0.44% less ownership
Funds ownership: 71% → 70.55% (-0.44%)
13% less repeat investments, than reductions
Existing positions increased: 356 | Existing positions reduced: 409
13% less capital invested
Capital invested by funds: $32.3B → $28B (-$4.26B)
24% less funds holding in top 10
Funds holding in top 10: 21 → 16 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TP
Third Point
New York
|
+$369M |
| 2 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$307M |
| 3 |
D.E. Shaw & Co
New York
|
+$252M |
| 4 |
State Street
Boston,
Massachusetts
|
+$191M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$169M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$775M |
| 2 |
HSBC Holdings
London,
United Kingdom
|
-$319M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$306M |
| 4 |
Barclays
London,
United Kingdom
|
-$194M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$149M |
PSX Hedge Fund Activity: Q4 2014 in Review
1,041 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in Phillips 66 (PSX) for Q4 2014, worth a combined $28B — down 13% from $32.3B a quarter earlier.
Buyers outnumbered sellers: 124 funds opened new PSX positions and 98 closed out — a net gain of 26 holders — while 356 added to existing stakes and 409 trimmed.
The largest buyer was Third Point, opening a new position worth an estimated $369M. The largest seller was T. Rowe Price Associates, cutting an estimated $775M.
- 1,041 institutional investors held Phillips 66 (PSX) as of Q4 2014, up from 1,029 in Q3 2014.
- Funds reported $28B of Phillips 66 stock for Q4 2014, down 13% 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 T. Rowe Price Associates, an estimated $775M sold.
Based on aggregated 13F filings for Q4 2014.