Phillips 66
1,071 hedge funds and large institutions have $31.4B invested in Phillips 66 in 2015 Q2 according to their latest regulatory filings, with 73 funds opening new positions, 384 increasing their positions, 424 reducing their positions, and 55 closing their positions.
33% more first-time investments, than exits
New positions opened: 73 | Existing positions closed: 55
9% more funds holding in top 10
Funds holding in top 10: 22 → 24 (+2)
1.13% more ownership
Funds ownership: 70.9% → 72.03% (+1.1%)
4% more capital invested
Capital invested by funds: $30.2B → $31.4B (+$1.19B)
1% more funds holding
Funds holding: 1,064 → 1,071 (+7)
9% less repeat investments, than reductions
Existing positions increased: 384 | Existing positions reduced: 424
18% less call options, than puts
Call options by funds: $340M | Put options by funds: $415M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Berkshire Hathaway
Omaha,
Nebraska
|
+$1.76B |
| 2 |
GCM
Glenview Capital Management
New York
|
+$110M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$78.4M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$43.6M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$35.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
-$253M |
| 2 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$123M |
| 3 |
State Street
Boston,
Massachusetts
|
-$106M |
| 4 |
JP Morgan Chase
New York
|
-$85.8M |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$77.9M |
PSX Hedge Fund Activity: Q2 2015 in Review
1,071 of the 3,713 institutional investors tracked by Wall St. Rank reported a position in Phillips 66 (PSX) for Q2 2015, worth a combined $31.4B — up 3.9% from $30.2B a quarter earlier.
Buyers outnumbered sellers: 73 funds opened new PSX positions and 55 closed out — a net gain of 18 holders — while 384 added to existing stakes and 424 trimmed.
The largest buyer was Berkshire Hathaway, adding an estimated $1.76B. The largest seller was BlackRock Advisors, cutting an estimated $253M.
- 1,071 institutional investors held Phillips 66 (PSX) as of Q2 2015, up from 1,064 in Q1 2015.
- Funds reported $31.4B of Phillips 66 stock for Q2 2015, up 3.9% quarter-over-quarter.
- 73 funds opened new Phillips 66 positions in Q2 2015 and 55 closed out, a net change of +18 holders.
- The largest Phillips 66 buyer in Q2 2015 was Berkshire Hathaway, an estimated $1.76B added.
- The largest Phillips 66 seller in Q2 2015 was BlackRock Advisors, an estimated $253M sold.
Based on aggregated 13F filings for Q2 2015.