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Phillips 66

1,114 hedge funds and large institutions have $28.8B invested in Phillips 66 in 2017 Q1 according to their latest regulatory filings, with 74 funds opening new positions, 403 increasing their positions, 471 reducing their positions, and 103 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.23% more ownership

Funds ownership: 70.24%70.46% (+0.23%)

3% less funds holding

Funds holding: 1,1531,114 (-39)

9% less capital invested

Capital invested by funds: $31.6B → $28.8B (-$2.73B)

13% less funds holding in top 10

Funds holding in top 10: 1513 (-2)

14% less repeat investments, than reductions

Existing positions increased: 403 | Existing positions reduced: 471

28% less first-time investments, than exits

New positions opened: 74 | Existing positions closed: 103

34% less call options, than puts

Call options by funds: $294M | Put options by funds: $446M

Holders
1,114
Holders Change
-39
Holders Change %
-3.38%
% of All Funds
27.73%
Holding in Top 10
13
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-13.33%
% of All Funds
0.32%
New
74
Increased
403
Reduced
471
Closed
103
Calls
$294M
Puts
$446M
Net Calls
-$152M
Net Calls Change
-$118M
Name Holding Trade Value Shares
Change
Change in
Stake
Berkshire Hathaway
1
Berkshire Hathaway
Nebraska
$6.39B
Vanguard Group
2
Vanguard Group
Pennsylvania
$2.51B +$62.9M +780,469 +3%
BlackRock
3
BlackRock
New York
$2.2B +$2.15B +26,676,647 +2,329%
State Street
4
State Street
Massachusetts
$1.91B +$74.3M +921,895 +4%
Barrow, Hanley, Mewhinney & Strauss
5
Barrow, Hanley, Mewhinney & Strauss
Texas
$1.14B +$47.1M +585,176 +4%
Wellington Management Group
6
Wellington Management Group
Massachusetts
$746M +$1.77M +21,949 +0.2%
Wells Fargo
7
Wells Fargo
California
$662M +$6.66M +82,652 +1%
Bank of New York Mellon
8
Bank of New York Mellon
New York
$532M -$4.08M -50,684 -0.7%
Fidelity Investments
9
Fidelity Investments
Massachusetts
$434M -$134M -1,668,645 -23%
Northern Trust
10
Northern Trust
Illinois
$425M +$16.4M +203,146 +4%
Norges Bank
11
Norges Bank
Norway
$401M -$26.4M -327,178 -6%
Morgan Stanley
12
Morgan Stanley
New York
$375M -$40.4M -502,024 -10%
O
13
OppenheimerFunds
New York
$364M +$318M +3,943,299 +600%
Bank of America
14
Bank of America
North Carolina
$355M +$58.6M +726,968 +19%
Dimensional Fund Advisors
15
Dimensional Fund Advisors
Texas
$338M -$49.6M -615,404 -13%
Geode Capital Management
16
Geode Capital Management
Massachusetts
$326M +$25.1M +311,900 +8%
JP Morgan Chase
17
JP Morgan Chase
New York
$323M +$28.1M +349,320 +9%
Aristotle Capital Management
18
Aristotle Capital Management
California
$264M +$16M +198,701 +6%
Boston Partners
19
Boston Partners
Massachusetts
$252M -$312M -3,866,966 -55%
Goldman Sachs
20
Goldman Sachs
New York
$251M +$17.7M +219,334 +7%
Legal & General Group
21
Legal & General Group
United Kingdom
$224M +$8.43M +104,677 +4%
Capital World Investors
22
Capital World Investors
California
$192M -$133M -1,649,488 -41%
D.E. Shaw & Co
23
D.E. Shaw & Co
New York
$191M +$54M +670,226 +39%
SBAM
24
Santa Barbara Asset Management
California
$175M +$37M +459,120 +26%
RP
25
RR Partners
New York
$147M -$31.3M -388,128 -17%

PSX Hedge Fund Activity: Q1 2017 in Review

1,114 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Phillips 66 (PSX) for Q1 2017, worth a combined $28.8B — down 8.6% from $31.6B a quarter earlier.

Sellers outnumbered buyers: 103 funds closed out of PSX and 74 opened new positions — a net loss of 29 holders — while 471 trimmed existing stakes and 403 added.

The largest buyer was BlackRock, adding an estimated $2.15B. The largest seller was Boston Partners, cutting an estimated $312M.

  • 1,114 institutional investors held Phillips 66 (PSX) as of Q1 2017, down from 1,153 in Q4 2016.
  • Funds reported $28.8B of Phillips 66 stock for Q1 2017, down 8.6% quarter-over-quarter.
  • 74 funds opened new Phillips 66 positions in Q1 2017 and 103 closed out, a net change of -29 holders.
  • The largest Phillips 66 buyer in Q1 2017 was BlackRock, an estimated $2.15B added.
  • The largest Phillips 66 seller in Q1 2017 was Boston Partners, an estimated $312M sold.

Based on aggregated 13F filings for Q1 2017.