Phillips 66
1,126 hedge funds and large institutions have $30.9B invested in Phillips 66 in 2015 Q4 according to their latest regulatory filings, with 141 funds opening new positions, 383 increasing their positions, 422 reducing their positions, and 50 closing their positions.
182% more first-time investments, than exits
New positions opened: 141 | Existing positions closed: 50
24% more call options, than puts
Call options by funds: $314M | Put options by funds: $252M
7% more funds holding
Funds holding: 1,048 → 1,126 (+78)
3% more capital invested
Capital invested by funds: $29.9B → $30.9B (+$1.02B)
9% less repeat investments, than reductions
Existing positions increased: 383 | Existing positions reduced: 422
1.46% less ownership
Funds ownership: 72.46% → 71% (-1.5%)
17% less funds holding in top 10
Funds holding in top 10: 24 → 20 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$139M |
| 2 |
Goldman Sachs
New York
|
+$129M |
| 3 |
Renaissance Technologies
New York
|
+$101M |
| 4 |
N
Natixis
Paris,
France
|
+$74.3M |
| 5 |
Millennium Management
New York
|
+$63.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
-$444M |
| 2 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$319M |
| 3 |
JP Morgan Chase
New York
|
-$198M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$165M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$110M |
PSX Hedge Fund Activity: Q4 2015 in Review
1,126 of the 3,813 institutional investors tracked by Wall St. Rank reported a position in Phillips 66 (PSX) for Q4 2015, worth a combined $30.9B — up 3.4% from $29.9B a quarter earlier.
Buyers outnumbered sellers: 141 funds opened new PSX positions and 50 closed out — a net gain of 91 holders — while 383 added to existing stakes and 422 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $139M. The largest seller was D.E. Shaw & Co, cutting an estimated $444M.
- 1,126 institutional investors held Phillips 66 (PSX) as of Q4 2015, up from 1,048 in Q3 2015.
- Funds reported $30.9B of Phillips 66 stock for Q4 2015, up 3.4% quarter-over-quarter.
- 141 funds opened new Phillips 66 positions in Q4 2015 and 50 closed out, a net change of +91 holders.
- The largest Phillips 66 buyer in Q4 2015 was Fidelity Investments, an estimated $139M added.
- The largest Phillips 66 seller in Q4 2015 was D.E. Shaw & Co, an estimated $444M sold.
Based on aggregated 13F filings for Q4 2015.