Altria Group
1,674 hedge funds and large institutions have $57.6B invested in Altria Group in 2019 Q2 according to their latest regulatory filings, with 96 funds opening new positions, 646 increasing their positions, 735 reducing their positions, and 137 closing their positions.
1.14% less ownership
Funds ownership: 64.56% → 63.43% (-1.1%)
4% less funds holding
Funds holding: 1,739 → 1,674 (-65)
12% less repeat investments, than reductions
Existing positions increased: 646 | Existing positions reduced: 735
17% less capital invested
Capital invested by funds: $69.5B → $57.6B (-$11.9B)
30% less first-time investments, than exits
New positions opened: 96 | Existing positions closed: 137
33% less call options, than puts
Call options by funds: $490M | Put options by funds: $730M
41% less funds holding in top 10
Funds holding in top 10: 37 → 22 (-15)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
N
Nuveen
Charlotte,
North Carolina
|
+$388M |
| 2 |
Capital World Investors
Los Angeles,
California
|
+$352M |
| 3 |
Goldman Sachs
New York
|
+$173M |
| 4 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
+$158M |
| 5 |
Millennium Management
New York
|
+$135M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$914M |
| 2 |
JP Morgan Chase
New York
|
-$293M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
-$275M |
| 4 |
BlackRock
New York
|
-$270M |
| 5 |
IFP
Independent Franchise Partners
London,
United Kingdom
|
-$223M |
MO Hedge Fund Activity: Q2 2019 in Review
1,674 of the 4,605 institutional investors tracked by Wall St. Rank reported a position in Altria Group (MO) for Q2 2019, worth a combined $57.6B — down 17% from $69.5B a quarter earlier.
Sellers outnumbered buyers: 137 funds closed out of MO and 96 opened new positions — a net loss of 41 holders — while 735 trimmed existing stakes and 646 added.
The largest buyer was Nuveen, adding an estimated $388M. The largest seller was Fidelity Investments, cutting an estimated $914M.
- 1,674 institutional investors held Altria Group (MO) as of Q2 2019, down from 1,739 in Q1 2019.
- Funds reported $57.6B of Altria Group stock for Q2 2019, down 17% quarter-over-quarter.
- 96 funds opened new Altria Group positions in Q2 2019 and 137 closed out, a net change of -41 holders.
- The largest Altria Group buyer in Q2 2019 was Nuveen, an estimated $388M added.
- The largest Altria Group seller in Q2 2019 was Fidelity Investments, an estimated $914M sold.
Based on aggregated 13F filings for Q2 2019.