Lodge Hill Capital Boosts Stake in PHINIA Inc. to $163 Million

Lodge Hill Capital LLC increased its holdings in PHINIA Inc. (NYSE:PHIN) by roughly 451 % during the first quarter, bringing its stake to 2,381,150 shares. The investment now represents about 6.43 % of the company’s equity and is valued at approximately $162.97 million, making PHINIA the firm’s largest position.

Other institutional investors also expanded their positions in the same period. Royal Bank of Canada added 62,333 shares worth $3.21 million, AQR Capital Management acquired 8,576 shares valued at $938,000, Mirae Asset Global ETFs increased its holding by 1,093 shares worth $1.06 million, Goldman Sachs purchased an additional 58,875 shares for $41.46 million, and UBS Asset Management Americas added 6,478 shares valued at $4.0 million. Overall, institutional investors own about 90.94 % of PHINIA’s shares.