Phillips 66
1,324 hedge funds and large institutions have $26.3B invested in Phillips 66 in 2021 Q2 according to their latest regulatory filings, with 135 funds opening new positions, 501 increasing their positions, 456 reducing their positions, and 71 closing their positions.
90% more first-time investments, than exits
New positions opened: 135 | Existing positions closed: 71
39% more call options, than puts
Call options by funds: $327M | Put options by funds: $235M
5% more capital invested
Capital invested by funds: $25B → $26.3B (+$1.28B)
4% more funds holding
Funds holding: 1,271 → 1,324 (+53)
10% more repeat investments, than reductions
Existing positions increased: 501 | Existing positions reduced: 456
0.27% less ownership
Funds ownership: 70.45% → 70.18% (-0.27%)
38% less funds holding in top 10
Funds holding in top 10: 8 → 5 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Geode Capital Management
Boston,
Massachusetts
|
+$93.7M |
| 2 |
JP Morgan Chase
New York
|
+$67.9M |
| 3 |
BlackRock
New York
|
+$54.8M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$45.3M |
| 5 |
Millennium Management
New York
|
+$44.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$122M |
| 2 |
Morgan Stanley
New York
|
-$80.9M |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
-$66M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$64.5M |
| 5 |
RP
RR Partners
New York
|
-$54.5M |
PSX Hedge Fund Activity: Q2 2021 in Review
1,324 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Phillips 66 (PSX) for Q2 2021, worth a combined $26.3B — up 5.1% from $25B a quarter earlier.
Buyers outnumbered sellers: 135 funds opened new PSX positions and 71 closed out — a net gain of 64 holders — while 501 added to existing stakes and 456 trimmed.
The largest buyer was Geode Capital Management, adding an estimated $93.7M. The largest seller was Barrow, Hanley, Mewhinney & Strauss, cutting an estimated $122M.
- 1,324 institutional investors held Phillips 66 (PSX) as of Q2 2021, up from 1,271 in Q1 2021.
- Funds reported $26.3B of Phillips 66 stock for Q2 2021, up 5.1% quarter-over-quarter.
- 135 funds opened new Phillips 66 positions in Q2 2021 and 71 closed out, a net change of +64 holders.
- The largest Phillips 66 buyer in Q2 2021 was Geode Capital Management, an estimated $93.7M added.
- The largest Phillips 66 seller in Q2 2021 was Barrow, Hanley, Mewhinney & Strauss, an estimated $122M sold.
Based on aggregated 13F filings for Q2 2021.