PHILLIPS 66 PARTNERS LP
PSXP
PSXP was delisted on the 8th of March, 2022.
155 hedge funds and large institutions have $2.3B invested in PHILLIPS 66 PARTNERS LP in 2018 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 59 increasing their positions, 42 reducing their positions, and 18 closing their positions.
40% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 42
34% more call options, than puts
Call options by funds: $5.42M | Put options by funds: $4.05M
28% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 18
1% more funds holding
Funds holding: 153 → 155 (+2)
12% less capital invested
Capital invested by funds: $2.62B → $2.3B (-$324M)
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
ALPS Advisors
Denver,
Colorado
|
+$14.5M |
| 2 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
+$8.48M |
| 3 |
NMIMC
Northwestern Mutual Investment Management Company
Milwaukee,
Wisconsin
|
+$8.27M |
| 4 |
Principal Financial Group
Des Moines,
Iowa
|
+$7.31M |
| 5 |
AR
Advisory Research
Chicago,
Illinois
|
+$6.59M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NIM
NXG Investment Management
Dallas,
Texas
|
-$22.4M |
| 2 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
-$21.8M |
| 3 |
Goldman Sachs
New York
|
-$21.8M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$12.6M |
| 5 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
-$10.5M |
PSXP Hedge Fund Activity: Q1 2018 in Review
155 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in PHILLIPS 66 PARTNERS LP (PSXP) for Q1 2018, worth a combined $2.3B — down 12% from $2.62B a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new PSXP positions and 18 closed out — a net gain of 5 holders — while 59 added to existing stakes and 42 trimmed.
The largest buyer was ALPS Advisors, adding an estimated $14.5M. The largest seller was NXG Investment Management, cutting an estimated $22.4M.
- 155 institutional investors held PHILLIPS 66 PARTNERS LP (PSXP) as of Q1 2018, up from 153 in Q4 2017.
- Funds reported $2.3B of PHILLIPS 66 PARTNERS LP stock for Q1 2018, down 12% quarter-over-quarter.
- 23 funds opened new PHILLIPS 66 PARTNERS LP positions in Q1 2018 and 18 closed out, a net change of +5 holders.
- The largest PHILLIPS 66 PARTNERS LP buyer in Q1 2018 was ALPS Advisors, an estimated $14.5M added.
- The largest PHILLIPS 66 PARTNERS LP seller in Q1 2018 was NXG Investment Management, an estimated $22.4M sold.
Based on aggregated 13F filings for Q1 2018.