Altria Group
1,900 hedge funds and large institutions have $45.9B invested in Altria Group in 2024 Q1 according to their latest regulatory filings, with 163 funds opening new positions, 737 increasing their positions, 751 reducing their positions, and 121 closing their positions.
35% more first-time investments, than exits
New positions opened: 163 | Existing positions closed: 121
10% more capital invested
Capital invested by funds: $41.6B → $45.9B (+$4.34B)
1.44% more ownership
Funds ownership: 58.2% → 59.64% (+1.4%)
1% more funds holding
Funds holding: 1,884 → 1,900 (+16)
2% less call options, than puts
Call options by funds: $627M | Put options by funds: $638M
2% less repeat investments, than reductions
Existing positions increased: 737 | Existing positions reduced: 751
6% less funds holding in top 10
Funds holding in top 10: 17 → 16 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Charles Schwab
San Francisco,
California
|
+$525M |
| 2 |
Morgan Stanley
New York
|
+$428M |
| 3 |
VanEck Associates
New York
|
+$199M |
| 4 |
Two Sigma Investments
New York
|
+$157M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
+$149M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$140M |
| 2 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$76.6M |
| 3 |
Goldman Sachs
New York
|
-$73.5M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$65.7M |
| 5 |
Millennium Management
New York
|
-$56.5M |
MO Hedge Fund Activity: Q1 2024 in Review
1,900 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in Altria Group (MO) for Q1 2024, worth a combined $45.9B — up 10% from $41.6B a quarter earlier.
Buyers outnumbered sellers: 163 funds opened new MO positions and 121 closed out — a net gain of 42 holders — while 737 added to existing stakes and 751 trimmed.
The largest buyer was Charles Schwab, adding an estimated $525M. The largest seller was Qube Research & Technologies (QRT), cutting an estimated $140M.
- 1,900 institutional investors held Altria Group (MO) as of Q1 2024, up from 1,884 in Q4 2023.
- Funds reported $45.9B of Altria Group stock for Q1 2024, up 10% quarter-over-quarter.
- 163 funds opened new Altria Group positions in Q1 2024 and 121 closed out, a net change of +42 holders.
- The largest Altria Group buyer in Q1 2024 was Charles Schwab, an estimated $525M added.
- The largest Altria Group seller in Q1 2024 was Qube Research & Technologies (QRT), an estimated $140M sold.
Based on aggregated 13F filings for Q1 2024.