Philip Morris
1,514 hedge funds and large institutions have $107B invested in Philip Morris in 2016 Q1 according to their latest regulatory filings, with 122 funds opening new positions, 548 increasing their positions, 615 reducing their positions, and 51 closing their positions.
139% more first-time investments, than exits
New positions opened: 122 | Existing positions closed: 51
24% more call options, than puts
Call options by funds: $550M | Put options by funds: $445M
14% more funds holding in top 10
Funds holding in top 10: 94 → 107 (+13)
11% more capital invested
Capital invested by funds: $96.4B → $107B (+$10.7B)
4% more funds holding
Funds holding: 1,460 → 1,514 (+54)
2.54% more ownership
Funds ownership: 71.06% → 73.61% (+2.5%)
11% less repeat investments, than reductions
Existing positions increased: 548 | Existing positions reduced: 615
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal London Asset Management
United Kingdom
|
+$3.37B |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$1.3B |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$240M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$189M |
| 5 |
State Street
Boston,
Massachusetts
|
+$167M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
-$475M |
| 2 |
Bank of New York Mellon
New York
|
-$178M |
| 3 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$168M |
| 4 |
IFP
Independent Franchise Partners
London,
United Kingdom
|
-$160M |
| 5 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
-$152M |
PM Hedge Fund Activity: Q1 2016 in Review
1,514 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in Philip Morris (PM) for Q1 2016, worth a combined $107B — up 11% from $96.4B a quarter earlier.
Buyers outnumbered sellers: 122 funds opened new PM positions and 51 closed out — a net gain of 71 holders — while 548 added to existing stakes and 615 trimmed.
The largest buyer was Royal London Asset Management, adding an estimated $3.37B. The largest seller was Grantham, Mayo, Van Otterloo & Co (GMO), cutting an estimated $475M.
- 1,514 institutional investors held Philip Morris (PM) as of Q1 2016, up from 1,460 in Q4 2015.
- Funds reported $107B of Philip Morris stock for Q1 2016, up 11% quarter-over-quarter.
- 122 funds opened new Philip Morris positions in Q1 2016 and 51 closed out, a net change of +71 holders.
- The largest Philip Morris buyer in Q1 2016 was Royal London Asset Management, an estimated $3.37B added.
- The largest Philip Morris seller in Q1 2016 was Grantham, Mayo, Van Otterloo & Co (GMO), an estimated $475M sold.
Based on aggregated 13F filings for Q1 2016.