Vanguard Fiduciary Trust Co. is the largest shareholder of Phillips 66.
As of the provided information, Vanguard Fiduciary Trust Co. holds the largest stake in Phillips 66, possessing 9.862% of the company's equities. This translates to 40,728,398 shares, valued at approximately $5,457 million.
Understanding a company's major shareholders provides insight into its ownership structure and the influence of large institutional investors. These entities often manage vast portfolios on behalf of their clients, and their significant holdings can reflect confidence in a company's long-term prospects.
Top Shareholders of Phillips 66
The primary institutional shareholders of Phillips 66 include some of the world's leading asset management firms. Here's a breakdown of the top reported holders:
| Name | Equities Percentage | Number of Equities | Valuation (M$) |
|---|---|---|---|
| Vanguard Fiduciary Trust Co. | 9.862 % | 40,728,398 | 5,457 |
| STATE STREET CORPORATION | 6.743 % | 27,849,686 | 3,731 |
| BlackRock Advisors LLC | 6.011 % | 24,825,570 | 3,326 |
| Wells Fargo Bank NA | 4.284 % | 17,692,595 | 2,370 |
These institutional investors play a significant role in the stock market, often holding diversified portfolios across numerous companies. Their substantial ownership in Phillips 66 highlights the company's position within their investment strategies.
