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Phillips 66

1,064 hedge funds and large institutions have $30.2B invested in Phillips 66 in 2015 Q1 according to their latest regulatory filings, with 116 funds opening new positions, 355 increasing their positions, 427 reducing their positions, and 77 closing their positions.

New
Increased
Maintained
Reduced
Closed

67% more call options, than puts

Call options by funds: $408M | Put options by funds: $244M

51% more first-time investments, than exits

New positions opened: 116 | Existing positions closed: 77

38% more funds holding in top 10

Funds holding in top 10: 1622 (+6)

8% more capital invested

Capital invested by funds: $28B → $30.2B (+$2.23B)

2% more funds holding

Funds holding: 1,0401,064 (+24)

0.35% more ownership

Funds ownership: 70.55%70.9% (+0.35%)

17% less repeat investments, than reductions

Existing positions increased: 355 | Existing positions reduced: 427

Holders
1,064
Holders Change
+24
Holders Change %
+2.31%
% of All Funds
28.34%
Holding in Top 10
22
Holding in Top 10 Change
+6
Holding in Top 10 Change %
+37.5%
% of All Funds
0.59%
New
116
Increased
355
Reduced
427
Closed
77
Calls
$408M
Puts
$244M
Net Calls
+$163M
Net Calls Change
-$29M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$2.56B +$199M +2,715,118 +9%
State Street
2
State Street
Massachusetts
$2.08B -$52.3M -711,926 -3%
Barrow, Hanley, Mewhinney & Strauss
3
Barrow, Hanley, Mewhinney & Strauss
Texas
$1.43B +$137M +1,860,124 +11%
BIT
4
BlackRock Institutional Trust
California
$1.18B +$79.6K +1,084 +0%
D.E. Shaw & Co
5
D.E. Shaw & Co
New York
$984M -$94.6M -1,289,157 -9%
WRF
6
Waddell & Reed Financial
Kansas
$881M -$54.4M -741,633 -6%
JP Morgan Chase
7
JP Morgan Chase
New York
$857M -$78.2M -1,065,192 -9%
Bank of New York Mellon
8
Bank of New York Mellon
New York
$847M -$7.32M -99,688 -0.9%
Boston Partners
9
Boston Partners
Massachusetts
$767M -$6.84M -93,222 -0.9%
Wellington Management Group
10
Wellington Management Group
Massachusetts
$612M +$220M +2,999,701 +63%
Wells Fargo
11
Wells Fargo
California
$593M +$108M +1,477,725 +24%
Berkshire Hathaway
12
Berkshire Hathaway
Nebraska
$589M +$68.4M +931,850 +14%
BFA
13
BlackRock Fund Advisors
California
$579M +$16.1M +219,888 +3%
Northern Trust
14
Northern Trust
Illinois
$521M -$19.1M -260,681 -4%
BG
15
BlackRock Group
United Kingdom
$506M -$5.1M -69,418 -1%
BA
16
BlackRock Advisors
Delaware
$446M -$30.1M -410,444 -7%
Deutsche Bank
17
Deutsche Bank
Germany
$430M +$32.1M +437,655 +9%
Fidelity Investments
18
Fidelity Investments
Massachusetts
$416M -$182M -2,485,781 -32%
First Eagle Investment Management
19
First Eagle Investment Management
New York
$407M +$289M +3,932,182 +316%
IAM
20
Iridian Asset Management
Connecticut
$396M +$50.3M +684,951 +16%
Norges Bank
21
Norges Bank
Norway
$364M +$18.4M +250,876 +6%
LSV Asset Management
22
LSV Asset Management
Illinois
$352M -$6.06M -82,595 -2%
Geode Capital Management
23
Geode Capital Management
Massachusetts
$337M +$16.5M +224,965 +6%
Morgan Stanley
24
Morgan Stanley
New York
$329M +$56.1M +764,436 +22%
Dimensional Fund Advisors
25
Dimensional Fund Advisors
Texas
$316M -$43.6M -594,146 -13%

PSX Hedge Fund Activity: Q1 2015 in Review

1,064 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in Phillips 66 (PSX) for Q1 2015, worth a combined $30.2B — up 8% from $28B a quarter earlier.

Buyers outnumbered sellers: 116 funds opened new PSX positions and 77 closed out — a net gain of 39 holders — while 355 added to existing stakes and 427 trimmed.

The largest buyer was First Eagle Investment Management, adding an estimated $289M. The largest seller was Fidelity Investments, cutting an estimated $182M.

  • 1,064 institutional investors held Phillips 66 (PSX) as of Q1 2015, up from 1,040 in Q4 2014.
  • Funds reported $30.2B of Phillips 66 stock for Q1 2015, up 8% quarter-over-quarter.
  • 116 funds opened new Phillips 66 positions in Q1 2015 and 77 closed out, a net change of +39 holders.
  • The largest Phillips 66 buyer in Q1 2015 was First Eagle Investment Management, an estimated $289M added.
  • The largest Phillips 66 seller in Q1 2015 was Fidelity Investments, an estimated $182M sold.

Based on aggregated 13F filings for Q1 2015.