Philip Morris
1,535 hedge funds and large institutions have $113B invested in Philip Morris in 2016 Q2 according to their latest regulatory filings, with 82 funds opening new positions, 547 increasing their positions, 642 reducing their positions, and 47 closing their positions.
74% more first-time investments, than exits
New positions opened: 82 | Existing positions closed: 47
6% more funds holding in top 10
Funds holding in top 10: 107 → 113 (+6)
5% more capital invested
Capital invested by funds: $107B → $113B (+$5.65B)
1% more funds holding
Funds holding: 1,514 → 1,535 (+21)
2.12% less ownership
Funds ownership: 73.61% → 71.48% (-2.1%)
15% less repeat investments, than reductions
Existing positions increased: 547 | Existing positions reduced: 642
19% less call options, than puts
Call options by funds: $537M | Put options by funds: $667M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Maverick Capital
Dallas,
Texas
|
+$584M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$402M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$399M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$249M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$191M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal London Asset Management
United Kingdom
|
-$3.67B |
| 2 |
Capital World Investors
Los Angeles,
California
|
-$606M |
| 3 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
-$200M |
| 4 |
Bank of New York Mellon
New York
|
-$183M |
| 5 |
VAM
Vontobel Asset Management
New York
|
-$177M |
PM Hedge Fund Activity: Q2 2016 in Review
1,535 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Philip Morris (PM) for Q2 2016, worth a combined $113B — up 5.3% from $107B a quarter earlier.
Buyers outnumbered sellers: 82 funds opened new PM positions and 47 closed out — a net gain of 35 holders — while 547 added to existing stakes and 642 trimmed.
The largest buyer was Maverick Capital, opening a new position worth an estimated $584M. The largest seller was Royal London Asset Management, cutting an estimated $3.67B.
- 1,535 institutional investors held Philip Morris (PM) as of Q2 2016, up from 1,514 in Q1 2016.
- Funds reported $113B of Philip Morris stock for Q2 2016, up 5.3% quarter-over-quarter.
- 82 funds opened new Philip Morris positions in Q2 2016 and 47 closed out, a net change of +35 holders.
- The largest Philip Morris buyer in Q2 2016 was Maverick Capital, an estimated $584M added.
- The largest Philip Morris seller in Q2 2016 was Royal London Asset Management, an estimated $3.67B sold.
Based on aggregated 13F filings for Q2 2016.