Link Co Reports 10% Stake in Phillips 66 via Administrative Equity Reconciliation
On April 3, 2026, Link Co, represented by Loreto Manolo Zamora, filed a Schedule 13D disclosing a 10% beneficial ownership interest in Phillips 66 (PSX). The filing indicates that the reporting person holds 1 share of common stock, which they claim represents a 10% interest in the company based on an administrative reconciliation of equity entitlements and institutional assets valued at $4,000,000,000.00. This position was reportedly established as of September 4, 2015, through Zamora's authority as Principal and Account Administrator of LMZ & Berkshire Hathaway Co. The purpose of the filing is to formally record this interest and facilitate the institutional repatriation of assets. The reporting owner intends to maintain the position for long-term administrative and investment purposes and has no current plans for extraordinary corporate transactions. No funds were borrowed for the acquisition, as the interest was established through institutional administrative authority and equity reconciliation. Notably, the filing's claim of 10% ownership based on a single share and a $4 billion valuation appears to be an unconventional administrative assertion.