Philip Morris
1,836 hedge funds and large institutions have $103B invested in Philip Morris in 2021 Q1 according to their latest regulatory filings, with 145 funds opening new positions, 729 increasing their positions, 678 reducing their positions, and 102 closing their positions.
42% more first-time investments, than exits
New positions opened: 145 | Existing positions closed: 102
7% more capital invested
Capital invested by funds: $96B → $103B (+$7.17B)
2% more funds holding in top 10
Funds holding in top 10: 41 → 42 (+1)
2% more funds holding
Funds holding: 1,808 → 1,836 (+28)
8% more repeat investments, than reductions
Existing positions increased: 729 | Existing positions reduced: 678
0.39% more ownership
Funds ownership: 74.42% → 74.8% (+0.39%)
12% less call options, than puts
Call options by funds: $440M | Put options by funds: $502M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GQG Partners
Ft. Lauderdale,
Florida
|
+$779M |
| 2 |
Capital International Investors
Los Angeles,
California
|
+$598M |
| 3 |
CIBC World Market
Toronto,
Ontario, Canada
|
+$343M |
| 4 |
JP Morgan Chase
New York
|
+$217M |
| 5 |
Renaissance Technologies
New York
|
+$187M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$395M |
| 2 |
VAM
Veritas Asset Management
London,
United Kingdom
|
-$287M |
| 3 |
Morgan Stanley
New York
|
-$277M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$242M |
| 5 |
State Street
Boston,
Massachusetts
|
-$231M |
PM Hedge Fund Activity: Q1 2021 in Review
1,836 of the 5,696 institutional investors tracked by Wall St. Rank reported a position in Philip Morris (PM) for Q1 2021, worth a combined $103B — up 7.5% from $96B a quarter earlier.
Buyers outnumbered sellers: 145 funds opened new PM positions and 102 closed out — a net gain of 43 holders — while 729 added to existing stakes and 678 trimmed.
The largest buyer was GQG Partners, adding an estimated $779M. The largest seller was T. Rowe Price Associates, cutting an estimated $395M.
- 1,836 institutional investors held Philip Morris (PM) as of Q1 2021, up from 1,808 in Q4 2020.
- Funds reported $103B of Philip Morris stock for Q1 2021, up 7.5% quarter-over-quarter.
- 145 funds opened new Philip Morris positions in Q1 2021 and 102 closed out, a net change of +43 holders.
- The largest Philip Morris buyer in Q1 2021 was GQG Partners, an estimated $779M added.
- The largest Philip Morris seller in Q1 2021 was T. Rowe Price Associates, an estimated $395M sold.
Based on aggregated 13F filings for Q1 2021.