Phillips 66
1,793 hedge funds and large institutions have $43.8B invested in Phillips 66 in 2023 Q4 according to their latest regulatory filings, with 259 funds opening new positions, 571 increasing their positions, 677 reducing their positions, and 102 closing their positions.
154% more first-time investments, than exits
New positions opened: 259 | Existing positions closed: 102
48% more capital inflows, than outflows
Capital inflows: $3.33B | Capital outflows: $2.25B
33% more call options, than puts
Call options by funds: $849M | Put options by funds: $636M
19% more funds holding in top 10
Funds holding in top 10: 27 → 32 (+5)
8% more funds holding
Funds holding: 1,662 → 1,793 (+131)
2.72% more ownership
Funds ownership: 72% → 74.73% (+2.7%)
16% less repeat investments, than reductions
Existing positions increased: 571 | Existing positions reduced: 677
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Harris Associates
Chicago,
Illinois
|
+$597M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
+$418M |
| 3 |
Barclays
London,
United Kingdom
|
+$347M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$220M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$150M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Aristotle Capital Management
Los Angeles,
California
|
-$227M |
| 2 |
State Street
Boston,
Massachusetts
|
-$167M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$155M |
| 4 |
Millennium Management
New York
|
-$121M |
| 5 |
Aberdeen Group
Edinburgh,
United Kingdom
|
-$92.8M |
PSX Hedge Fund Activity: Q4 2023 in Review
1,793 of the 6,877 institutional investors tracked by Wall St. Rank reported a position in Phillips 66 (PSX) for Q4 2023, worth a combined $43.8B — up 14% from $38.5B a quarter earlier.
Buyers outnumbered sellers: 259 funds opened new PSX positions and 102 closed out — a net gain of 157 holders — while 571 added to existing stakes and 677 trimmed.
The largest buyer was Harris Associates, adding an estimated $597M. The largest seller was Aristotle Capital Management, cutting an estimated $227M.
- 1,793 institutional investors held Phillips 66 (PSX) as of Q4 2023, up from 1,662 in Q3 2023.
- Funds reported $43.8B of Phillips 66 stock for Q4 2023, up 14% quarter-over-quarter.
- 259 funds opened new Phillips 66 positions in Q4 2023 and 102 closed out, a net change of +157 holders.
- The largest Phillips 66 buyer in Q4 2023 was Harris Associates, an estimated $597M added.
- The largest Phillips 66 seller in Q4 2023 was Aristotle Capital Management, an estimated $227M sold.
Based on aggregated 13F filings for Q4 2023.