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Philip Morris

1,682 hedge funds and large institutions have $85.1B invested in Philip Morris in 2020 Q1 according to their latest regulatory filings, with 75 funds opening new positions, 568 increasing their positions, 798 reducing their positions, and 189 closing their positions.

New
Increased
Maintained
Reduced
Closed

24% more funds holding in top 10

Funds holding in top 10: 4252 (+10)

1.06% more ownership

Funds ownership: 73.82%74.88% (+1.1%)

4% less call options, than puts

Call options by funds: $481M | Put options by funds: $500M

8% less funds holding

Funds holding: 1,8221,682 (-140)

13% less capital invested

Capital invested by funds: $97.9B → $85.1B (-$12.8B)

29% less repeat investments, than reductions

Existing positions increased: 568 | Existing positions reduced: 798

60% less first-time investments, than exits

New positions opened: 75 | Existing positions closed: 189

Holders
1,682
Holders Change
-140
Holders Change %
-7.68%
% of All Funds
37.06%
Holding in Top 10
52
Holding in Top 10 Change
+10
Holding in Top 10 Change %
+23.81%
% of All Funds
1.15%
New
75
Increased
568
Reduced
798
Closed
189
Calls
$481M
Puts
$500M
Net Calls
-$18.9M
Net Calls Change
+$224M
Name Holding Trade Value Shares
Change
Change in
Stake
CRC
26
Cedar Rock Capital
United Kingdom
$675M +$5.45M +66,202 +0.7%
GRQ
27
Gardner Russo & Quinn
Pennsylvania
$623M -$26.7M -324,298 -4%
Legal & General Group
28
Legal & General Group
United Kingdom
$596M +$4.71M +57,264 +0.7%
Federated Hermes
29
Federated Hermes
Pennsylvania
$570M -$2.93M -35,654 -0.5%
AllianceBernstein
30
AllianceBernstein
Tennessee
$561M +$41.9M +509,061 +7%
VAM
31
Veritas Asset Management
United Kingdom
$471M -$329K -4,000 -0.1%
Royal Bank of Canada
32
Royal Bank of Canada
Ontario, Canada
$464M -$31.6M -383,440 -6%
Swiss National Bank
33
Swiss National Bank
Switzerland
$457M +$94.3M +1,146,200 +22%
Ninety One (UK)
34
Ninety One (UK)
United Kingdom
$450M +$28.4M +344,939 +6%
Sumitomo Mitsui Trust Group
35
Sumitomo Mitsui Trust Group
Japan
$449M +$18.1M +219,876 +4%
Wells Fargo
36
Wells Fargo
California
$421M -$58.5M -710,818 -11%
Goldman Sachs
37
Goldman Sachs
New York
$392M -$488M -5,926,553 -52%
UBS AM
38
UBS AM
Illinois
$371M +$22.8M +276,908 +6%
PPA
39
Parametric Portfolio Associates
Washington
$365M +$21.4M +260,611 +6%
Franklin Resources
40
Franklin Resources
California
$358M +$252M +3,057,886 +165%
IFP
41
Independent Franchise Partners
United Kingdom
$353M +$92.4M +1,122,574 +30%
VOYA Investment Management
42
VOYA Investment Management
Georgia
$317M -$21.9M -265,871 -6%
AI
43
Ariel Investments
Illinois
$305M +$31.5M +383,098 +10%
Schroder Investment Management Group
44
Schroder Investment Management Group
United Kingdom
$300M -$60.4M -734,492 -16%
Manulife (Manufacturers Life Insurance)
45
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$281M +$1.93M +23,442 +0.6%
UBS Group
46
UBS Group
Switzerland
$278M -$33.9M -412,465 -10%
Aberdeen Group
47
Aberdeen Group
United Kingdom
$272M +$1.79M +21,732 +0.6%
Harris Associates
48
Harris Associates
Illinois
$270M -$8.32M -101,065 -3%
New York State Common Retirement Fund
49
New York State Common Retirement Fund
New York
$270M -$1.96M -23,800 -0.6%
TAM
50
Troy Asset Management
United Kingdom
$262M +$111M +1,344,776 +60%

PM Hedge Fund Activity: Q1 2020 in Review

1,682 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Philip Morris (PM) for Q1 2020, worth a combined $85.1B — down 13% from $97.9B a quarter earlier.

Sellers outnumbered buyers: 189 funds closed out of PM and 75 opened new positions — a net loss of 114 holders — while 798 trimmed existing stakes and 568 added.

The largest buyer was Capital World Investors, adding an estimated $1.45B. The largest seller was Goldman Sachs, cutting an estimated $488M.

  • 1,682 institutional investors held Philip Morris (PM) as of Q1 2020, down from 1,822 in Q4 2019.
  • Funds reported $85.1B of Philip Morris stock for Q1 2020, down 13% quarter-over-quarter.
  • 75 funds opened new Philip Morris positions in Q1 2020 and 189 closed out, a net change of -114 holders.
  • The largest Philip Morris buyer in Q1 2020 was Capital World Investors, an estimated $1.45B added.
  • The largest Philip Morris seller in Q1 2020 was Goldman Sachs, an estimated $488M sold.

Based on aggregated 13F filings for Q1 2020.