Filing Details

Accession Number:
0001193125-18-270047
Form Type:
13G Filing
Publication Date:
2018-09-10 16:16:31
Filed By:
Berkshire Hathaway
Company:
Phillips 66 (NYSE:PSX)
Filing Date:
2018-09-10
SEC Url:
13G Filing
Ownership Summary

Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.

Name Sole Voting Power Shared Voting Power Sole Dispositive Power Shared Dispositive Power Aggregate Amount Owned Power Percent of Class
Warren E. Buffett 22,186,384 22,186,384 22,186,384 4.8%
Berkshire Hathaway Inc 22,186,384 22,186,384 22,186,384 4.8%
National Indemnity Company 17,543,968 17,543,968 17,543,968 3.8%
National Fire and Marine Insurance Company 233,433 233,433 233,433 0.1%
Berkshire Hathaway Assurance Corporation 424,723 424,723 424,723 0.1%
Columbia Insurance Company 4,408,983 4,408,983 4,408,983 0.9%
Berkshire Hathaway Homestate Insurance Company 782,000 782,000 782,000 0.2%
Filing

 

 

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

 

 

SCHEDULE 13G

(Rule 13d-102)

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT

TO § 240.13d-1(b), (c) AND (d) AND AMENDMENTS THERETO FILED

PURSUANT TO § 240.13d-2

(Amendment No. 4)

 

 

PHILLIPS 66

(Name of Issuer)

COMMON STOCK

(Title of Class of Securities)

718546104

(CUSIP Number)

August 31, 2018

(Date of Event Which Requires Filing of this Statement)

 

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

 

 

Rule 13d-1 (b)

 

 

Rule 13d-1 (c)

 

 

Rule 13d-1 (d)

 

*

The remainder of this cover page shall be filled out for a reporting persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed to be filed for the purpose of Section 18 of the Securities Exchange Act of 1934 (the Act) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes.)

 

 

 


CUSIP No. 718546104    13G            Page 2 of 12 Pages

 

  1      

NAME OF REPORTING PERSON

 

Warren E. Buffett

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)          (b)  

 

  3  

SEC USE ONLY

 

  4  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

United States Citizen

NUMBER OF SHARES BENEFICIALLY  OWNED BY EACH REPORTING PERSON

WITH

   5       

SOLE VOTING POWER

 

NONE

   6   

SHARED VOTING POWER

 

22,186,384 shares of Common Stock

   7   

SOLE DISPOSITIVE POWER

 

NONE

   8   

SHARED DISPOSITIVE POWER

 

22,186,384 shares of Common Stock

  9      

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

22,186,384 shares of Common Stock

10  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES  

 

Not Applicable.

11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

4.8%

12  

TYPE OF REPORTING PERSON

 

IN


CUSIP No. 718546104    13G            Page 3 of 12 Pages

 

  1      

NAME OF REPORTING PERSON

 

Berkshire Hathaway Inc.

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)          (b)  

 

  3  

SEC USE ONLY

 

  4  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

State of Delaware

NUMBER OF

SHARES

BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

   5       

SOLE VOTING POWER

 

NONE

   6   

SHARED VOTING POWER

 

22,186,384 shares of Common Stock

   7   

SOLE DISPOSITIVE POWER

 

NONE

   8   

SHARED DISPOSITIVE POWER

 

22,186,384 shares of Common Stock

  9      

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

22,186,384 shares of Common Stock

10  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES  

 

Not applicable.

11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

4.8%

12  

TYPE OF REPORTING PERSON

 

HC, CO


CUSIP No. 718546104    13G            Page 4 of 12 Pages

 

  1      

NAME OF REPORTING PERSON

 

National Indemnity Company

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)          (b)  

 

  3  

SEC USE ONLY

 

  4  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

State of Nebraska

NUMBER OF

SHARES

BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

   5       

SOLE VOTING POWER

 

NONE

   6   

SHARED VOTING POWER

 

17,543,968 shares of Common Stock

   7   

SOLE DISPOSITIVE POWER

 

NONE

   8   

SHARED DISPOSITIVE POWER

 

17,543,968 shares of Common Stock

  9      

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

17,543,968 shares of Common Stock

10  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES  

 

Not applicable.

11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

3.8%

12  

TYPE OF REPORTING PERSON

 

IC, CO


CUSIP No. 718546104    13G            Page 5 of 12 Pages

 

  1      

NAME OF REPORTING PERSON

 

National Fire and Marine Insurance Company

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)          (b)  

 

  3  

SEC USE ONLY

 

  4  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

State of Nebraska

NUMBER OF

SHARES

BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

   5       

SOLE VOTING POWER

 

NONE

   6   

SHARED VOTING POWER

 

233,433 shares of Common Stock

   7   

SOLE DISPOSITIVE POWER

 

NONE

   8   

SHARED DISPOSITIVE POWER

 

233,433 shares of Common Stock

  9      

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

233,433 shares of Common Stock

10  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES  

 

Not applicable.

11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

0.1%

12  

TYPE OF REPORTING PERSON

 

IC, CO


CUSIP No. 718546104    13G            Page 6 of 12 Pages

 

  1      

NAME OF REPORTING PERSON

 

Berkshire Hathaway Assurance Corporation

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)          (b)  

 

  3  

SEC USE ONLY

 

  4  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

State of Nebraska

NUMBER OF

SHARES

BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

   5       

SOLE VOTING POWER

 

NONE

   6   

SHARED VOTING POWER

 

424,723 shares of Common Stock

   7   

SOLE DISPOSITIVE POWER

 

NONE

   8   

SHARED DISPOSITIVE POWER

 

424,723 shares of Common Stock

  9      

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

424,723 shares of Common Stock

10  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES  

 

Not applicable.

11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

0.1%

12  

TYPE OF REPORTING PERSON

 

IC, CO


CUSIP No. 718546104    13G            Page 7 of 12 Pages

 

  1      

NAME OF REPORTING PERSON

 

Columbia Insurance Company

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)          (b)  

 

  3  

SEC USE ONLY

 

  4  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

State of Nebraska

NUMBER OF

SHARES

BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

   5       

SOLE VOTING POWER

 

NONE

   6   

SHARED VOTING POWER

 

4,408,983 shares of Common Stock

   7   

SOLE DISPOSITIVE POWER

 

NONE

   8   

SHARED DISPOSITIVE POWER

 

4,408,983 shares of Common Stock

  9      

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

4,408,983 shares of Common Stock

10  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES  

 

Not applicable.

11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

0.9%

12  

TYPE OF REPORTING PERSON

 

IC, CO


CUSIP No. 718546104    13G            Page 8 of 12 Pages

 

  1      

NAME OF REPORTING PERSON

 

Berkshire Hathaway Homestate Insurance Company

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)          (b)  

 

  3  

SEC USE ONLY

 

  4  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

State of Nebraska

NUMBER OF

SHARES

BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

   5       

SOLE VOTING POWER

 

NONE

   6   

SHARED VOTING POWER

 

782,000 shares of Common Stock

   7   

SOLE DISPOSITIVE POWER

 

NONE

   8   

SHARED DISPOSITIVE POWER

 

782,000 shares of Common Stock

  9      

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

782,000 shares of Common Stock

10  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES  

 

Not applicable.

11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

0.2%

12  

TYPE OF REPORTING PERSON

 

IC, CO


Page 9 of 12 Pages

SCHEDULE 13G

Item 1.

 

  (a)

Name of Issuer

Phillips 66

 

  (b)

Address of Issuers Principal Executive Offices

3010 Briarpark Drive, Houston, TX 77042

 

Item 2(a).

Name of Person Filing:

 

Item 2(b).

Address of Principal Business Office:

 

Item 2(c).

Citizenship:

 

Warren E. Buffett

3555 Farnam Street

Omaha, Nebraska 68131

United States Citizen

  

Berkshire Hathaway Inc.

3555 Farnam Street

Omaha, Nebraska 68131

Delaware Corporation

National Indemnity Company

1314 Douglas Street

Omaha, Nebraska 68102

Nebraska corporation

  

National Fire and Marine Insurance Company

1314 Douglas Street

Omaha, NE 68102

Connecticut Corporation

Berkshire Hathaway Assurance Corporation

1314 Douglas Street

Omaha, NE 68102

New York Corporation

  

Columbia Insurance Company

1314 Douglas Street

Omaha, NE 68102

Nebraska Corporation

Berkshire Hathaway Homestate Insurance Company

1314 Douglas Street

Omaha, NE 68102

Nebraska Corporation

  

 

  (d)

Title of Class of Securities

Common Stock

 

  (e)

CUSIP Number

718546104

 

Item 3.

If this statement is filed pursuant to § 240.13d-1(b), or § 240.13d-2(b) or (c), check whether the person filing is a:

Warren E. Buffett (an individual who may be deemed to control Berkshire Hathaway Inc.) and Berkshire Hathaway are each a Parent Holding Company or Control Person, in accordance with § 240.13d-1(b)(1)(ii)(G).

National Indemnity Company, National Fire and Marine Insurance Company, Berkshire Hathaway Assurance Corporation, Berkshire Hathaway Homestate Insurance Company and Columbia Insurance Company are each an Insurance Company as defined in section 3(a)(19) of the Act.

The Reporting Persons together are a group in accordance with § 240.13d-1(b)(i)(ii)(K).


Item 4.

Ownership

Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

 

  (a)

Amount beneficially Owned

See the Cover Pages for each of the Reporting Persons.

 

  (b)

Percent of Class

See the Cover Pages for each of the Reporting Persons.

 

  (c)

Number of shares as to which such person has:

 

  (i)

sole power to vote or to direct the vote

 

  (ii)

shared power to vote or to direct the vote

 

  (iii)

sole power to dispose or to direct the disposition of

 

  (iv)

shared power to dispose or to direct the disposition of

See the Cover Pages for each of the Reporting Persons.

 

Item 5.

Ownership of Five Percent or Less of a Class.

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than 5 percent of the class of securities, check the following  ☒.

 

Item 6.

Ownership of More than Five Percent on Behalf of Another Person.

Not Applicable.


Page 11 of 12 Pages

 

Item 7.

Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person.

See Exhibit A.

 

Item 8.

Identification and Classification of Members of the Group.

Not Applicable.

 

Item 9.

Notice of Dissolution of Group.

Not Applicable.

 

Item 10.

Certification.

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.


Page 12 of 12 Pages

SIGNATURES

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Dated this 10th day of September, 2018

 

/s/ Warren E. Buffett
Warren E. Buffett
BERKSHIRE HATHAWAY INC.
By:   /s/ Warren E. Buffett
  Warren E. Buffett
  Chairman of the Board
NATIONAL INDEMNITY COMPANY, NATIONAL FIRE AND MARINE INSURANCE COMPANY, BERKSHIRE HATHAWAY ASSURANCE CORPORATION, BERKSHIRE HATHAWAY HOMESTATE INSURANCE COMPANY AND COLUMBIA INSURANCE COMPANY
By:   /s/ Warren E. Buffett
  Warren E. Buffett
  Attorney-in-Fact

SCHEDULE 13G

EXHIBIT A

RELEVANT SUBSIDIARIES AND MEMBERS OF FILING GROUP

PARENT HOLDING COMPANIES OR CONTROL PERSONS:

Warren E. Buffett (an individual who may be deemed to control Berkshire Hathaway Inc.)

Berkshire Hathaway Inc.

INSURANCE COMPANIES AS DEFINED IN SECTION 3(a)(19) OF THE ACT:

National Indemnity Company

National Fire and Marine Insurance Company

Berkshire Hathaway Assurance Corporation

Columbia Insurance Company

Berkshire Hathaway Homestate Insurance Company


SCHEDULE 13G

EXHIBIT B

JOINT FILING AGREEMENT PURSUANT TO RULE 13d-1(k)(1)

The undersigned persons hereby agree that reports on Schedule 13G, and amendments thereto, with respect to the Common Stock of Phillips 66. may be filed in a single statement on behalf of each of such persons, and further, each of such persons designates Warren E. Buffett as its agent and Attorney-in-Fact for the purpose of executing any and all Schedule 13G filings required to be made by it with the Securities and Exchange Commission.

 

Dated: September 10, 2018       /S/ Warren E. Buffett
      Warren E. Buffett
      Berkshire Hathaway Inc.
Dated: September 10, 2018       /S/ Warren E. Buffett
    By:   Warren E. Buffett
    Title:   Chairman of the Board
      National Indemnity Company
Dated: September 10, 2018       /S/ Marc D. Hamburg
    By:   Marc D. Hamburg
    Title:   Chairman of the Board

      National Fire and Marine Insurance Company
Dated: September 10, 2018       /S/ Donald F. Wurster
    By:   Donald F. Wurster
    Title:   President and Chief Executive Officer
      Berkshire Hathaway Assurance Corporation
Dated: September 10, 2018       /S/ Donald F. Wurster
    By:   Donald F. Wurster
    Title:   President and Chief Executive Officer
      Columbia Insurance Company
Dated: September 10, 2018       /S/ Donald F. Wurster
    By:   Donald F. Wurster
    Title:   President and Chief Executive Officer
      Berkshire Hathaway Homestate Insurance Company
Dated: September 10, 2018       /S/ Donald F. Wurster
    By:   Donald F. Wurster
    Title:   President and Chief Executive Officer