Philip Morris
1,385 hedge funds and large institutions have $89.2B invested in Philip Morris in 2014 Q1 according to their latest regulatory filings, with 82 funds opening new positions, 503 increasing their positions, 608 reducing their positions, and 87 closing their positions.
0.16% more ownership
Funds ownership: 68.55% → 68.71% (+0.16%)
4% less call options, than puts
Call options by funds: $611M | Put options by funds: $633M
6% less first-time investments, than exits
New positions opened: 82 | Existing positions closed: 87
1% less funds holding
Funds holding: 1,403 → 1,385 (-18)
7% less capital invested
Capital invested by funds: $95.7B → $89.2B (-$6.54B)
17% less repeat investments, than reductions
Existing positions increased: 503 | Existing positions reduced: 608
18% less funds holding in top 10
Funds holding in top 10: 92 → 75 (-17)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$806M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$257M |
| 3 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
+$224M |
| 4 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$196M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$189M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$594M |
| 2 |
State Street
Boston,
Massachusetts
|
-$393M |
| 3 |
MC
Montag & Caldwell
Atlanta,
Georgia
|
-$232M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$198M |
| 5 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
-$197M |
PM Hedge Fund Activity: Q1 2014 in Review
1,385 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in Philip Morris (PM) for Q1 2014, worth a combined $89.2B — down 6.8% from $95.7B a quarter earlier.
Sellers outnumbered buyers: 87 funds closed out of PM and 82 opened new positions — a net loss of 5 holders — while 608 trimmed existing stakes and 503 added.
The largest buyer was Capital World Investors, adding an estimated $806M. The largest seller was Capital Research Global Investors, cutting an estimated $594M.
- 1,385 institutional investors held Philip Morris (PM) as of Q1 2014, down from 1,403 in Q4 2013.
- Funds reported $89.2B of Philip Morris stock for Q1 2014, down 6.8% quarter-over-quarter.
- 82 funds opened new Philip Morris positions in Q1 2014 and 87 closed out, a net change of -5 holders.
- The largest Philip Morris buyer in Q1 2014 was Capital World Investors, an estimated $806M added.
- The largest Philip Morris seller in Q1 2014 was Capital Research Global Investors, an estimated $594M sold.
Based on aggregated 13F filings for Q1 2014.