Philip Morris
      
      
    
  1,674 hedge funds and large institutions have $86.7B invested in Philip Morris in 2020 Q3 according to their latest regulatory filings, with 122 funds opening new positions, 572 increasing their positions, 721 reducing their positions, and 91 closing their positions.
New
  Increased
  Maintained
  Reduced
  Closed
  more first-time investments, than exits
New positions opened: | Existing positions closed:
more capital invested
Capital invested by funds: $ → $
more funds holding
Funds holding: →
more funds holding in top 10
Funds holding in top 10: →
0.03% less ownership
Funds ownership: 74.3% → 74.28% (-0.03%)
11% less call options, than puts
Call options by funds: $437M | Put options by funds: $490M
21% less repeat investments, than reductions
Existing positions increased: 572 | Existing positions reduced: 721
    
      Holders
    
  
  
    
      
        
      
        1,674
      
    
      
    
  
    
      Holding in Top 10
    
  
  
    
      
        
      
        35
      
    
      
    
  
    
      Calls
    
  
  
    
      
        
      
        $437M
      
    
      
    
  
    
      Puts
    
  
  
    
      
        
      
        $490M
      
    
      
    
  
Top Buyers
| 1 | +$759M | |
| 2 | +$687M | |
| 3 | +$250M | |
| 4 | 
      Citadel Advisors
     
      
        Miami,
      
      
        Florida
      
     | +$243M | 
| 5 | 
    IFP
   
      Independent Franchise Partners
     
      
        London,
      
      
        United Kingdom
      
     | +$131M | 
Top Sellers
| 1 | -$207M | |
| 2 | -$189M | |
| 3 | -$181M | |
| 4 | 
      AllianceBernstein
     
      
        Nashville,
      
      
        Tennessee
      
     | -$149M | 
| 5 | 
      Invesco
     
      
        Atlanta,
      
      
        Georgia
      
     | -$147M |