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Refining Stocks: Who Are the Top Holders?

Maitali Ramkumar - Author
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Nov. 22 2018, Updated 7:31 a.m. ET

Institutional ownership in refining stocks

The institutional ownership in Marathon Petroleum (MPC), HollyFrontier (HFC), Valero Energy (VLO), and Phillips 66 (PSX) stands above 60%. The institutional ownership is the highest in HollyFrontier stock at ~90%. The lowest institutional ownership is in Marathon Petroleum at ~61%. The institutional ownership in Valero Energy and Phillips 66 stands at ~82% and ~71%, respectively.

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Marathon Petroleum and HollyFrontier

According to the latest 13F filings for the quarter ending on September 30, the institutions with the highest holdings in Marathon Petroleum are the Vanguard Group, State Street Global Advisors, BlackRock Institutional Trust, and J.P. Morgan Asset Management. Only State Street lowered its holdings in Marathon Petroleum stock in the third quarter. The other institutions raised their holdings in Marathon Petroleum in the third quarter.

The institutions with the highest holdings in HollyFrontier are the Vanguard Group, BlackRock Institutional Trust, Turtle Creek Management, and AQR Capital Management. Only AQR Capital Management increased its holdings in the stock in the third quarter. The other institutions lowered their holdings in the stock.

Valero Energy and Phillips 66

According to the latest filings, the institutions with the highest ownership in Valero Energy are the Vanguard Group, BlackRock Institutional Trust, State Street Global Advisors, and Fidelity Management and Research. In the third quarter, all four institutions lowered their holdings in Valero Energy stock.

The institutions with the highest holdings in Phillips 66 are the Vanguard Group, State Street Global Advisors, BlackRock Institutional Trust, and Berkshire Hathaway. Only Berkshire Hathaway lowered its holdings in Phillips 66 stock in the third quarter. The other institutions raised their holdings in the stock in the third quarter.

To learn more about refiners’ third-quarter earnings performance, read MPC, VLO, HFC, and PSX: Refining Stocks’ Beats and Misses in Q3.

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