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Phillips 66

1,764 hedge funds and large institutions have $37.5B invested in Phillips 66 in 2025 Q2 according to their latest regulatory filings, with 140 funds opening new positions, 622 increasing their positions, 689 reducing their positions, and 146 closing their positions.

New
Increased
Maintained
Reduced
Closed

22% more funds holding in top 10

Funds holding in top 10: 911 (+2)

1.69% more ownership

Funds ownership: 75.58%77.27% (+1.7%)

5% more call options, than puts

Call options by funds: $472M | Put options by funds: $450M

1% less capital invested

Capital invested by funds: $37.9B → $37.5B (-$399M)

4% less first-time investments, than exits

New positions opened: 140 | Existing positions closed: 146

10% less repeat investments, than reductions

Existing positions increased: 622 | Existing positions reduced: 689

2% less funds holding

Funds holding: 1,7921,764 (-28)

Holders
1,764
Holders Change
-28
Holders Change %
-1.56%
% of All Funds
23.22%
Holding in Top 10
11
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+22.22%
% of All Funds
0.14%
New
140
Increased
622
Reduced
689
Closed
146
Calls
$472M
Puts
$450M
Net Calls
+$21.3M
Net Calls Change
-$61.1M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$5.53B +$670M +5,978,841 +15%
BlackRock
2
BlackRock
New York
$3.8B +$220M +1,967,949 +7%
State Street
3
State Street
Massachusetts
$2.9B -$195M -1,736,376 -7%
EIM
4
Elliott Investment Management
Florida
$2.3B +$395M +3,526,000 +22%
Wells Fargo
5
Wells Fargo
California
$1.86B -$36.9M -329,455 -2%
Harris Associates
6
Harris Associates
Illinois
$1.6B -$43.2M -385,734 -3%
Geode Capital Management
7
Geode Capital Management
Massachusetts
$1.23B +$172M +1,532,967 +17%
Bank of New York Mellon
8
Bank of New York Mellon
New York
$1.12B +$60.2M +537,245 +6%
T. Rowe Price Associates
9
T. Rowe Price Associates
Maryland
$1.07B +$254M +2,266,996 +34%
Morgan Stanley
10
Morgan Stanley
New York
$819M +$13.7M +122,229 +2%
Invesco
11
Invesco
Georgia
$561M -$6.85M -61,139 -1%
Norges Bank
12
Norges Bank
Norway
$524M +$8.53M +76,106 +2%
UBS Group
13
UBS Group
Switzerland
$501M -$49M -436,975 -9%
Northern Trust
14
Northern Trust
Illinois
$479M -$47.8M -426,818 -10%
Fidelity Investments
15
Fidelity Investments
Massachusetts
$461M -$34.5M -307,809 -7%
Charles Schwab
16
Charles Schwab
California
$390M +$18.5M +165,514 +5%
Bank of America
17
Bank of America
North Carolina
$387M -$99.4M -887,443 -21%
Barrow, Hanley, Mewhinney & Strauss
18
Barrow, Hanley, Mewhinney & Strauss
Texas
$380M -$1.63M -14,528 -0.5%
UBS AM
19
UBS AM
Illinois
$354M +$43.9M +392,269 +15%
Goldman Sachs
20
Goldman Sachs
New York
$343M -$101M -905,646 -24%
Dimensional Fund Advisors
21
Dimensional Fund Advisors
Texas
$343M -$95.7M -853,923 -23%
JP Morgan Chase
22
JP Morgan Chase
New York
$313M -$10.9M -97,310 -4%
Amundi
23
Amundi
France
$295M +$5.57M +49,752 +2%
Legal & General Group
24
Legal & General Group
United Kingdom
$268M -$7.68M -68,513 -3%
Pacer Advisors
25
Pacer Advisors
Pennsylvania
$224M +$190M +1,693,768 +921%

PSX Hedge Fund Activity: Q2 2025 in Review

1,764 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in Phillips 66 (PSX) for Q2 2025, worth a combined $37.5B — down 1.1% from $37.9B a quarter earlier.

Sellers outnumbered buyers: 146 funds closed out of PSX and 140 opened new positions — a net loss of 6 holders — while 689 trimmed existing stakes and 622 added.

The largest buyer was Vanguard Group, adding an estimated $670M. The largest seller was Nomura Holdings, cutting an estimated $470M.

  • 1,764 institutional investors held Phillips 66 (PSX) as of Q2 2025, down from 1,792 in Q1 2025.
  • Funds reported $37.5B of Phillips 66 stock for Q2 2025, down 1.1% quarter-over-quarter.
  • 140 funds opened new Phillips 66 positions in Q2 2025 and 146 closed out, a net change of -6 holders.
  • The largest Phillips 66 buyer in Q2 2025 was Vanguard Group, an estimated $670M added.
  • The largest Phillips 66 seller in Q2 2025 was Nomura Holdings, an estimated $470M sold.

Based on aggregated 13F filings for Q2 2025.