Philip Morris
2,150 hedge funds and large institutions have $119B invested in Philip Morris in 2023 Q4 according to their latest regulatory filings, with 239 funds opening new positions, 709 increasing their positions, 869 reducing their positions, and 88 closing their positions.
172% more first-time investments, than exits
New positions opened: 239 | Existing positions closed: 88
6% more funds holding
Funds holding: 2,027 → 2,150 (+123)
6% more capital invested
Capital invested by funds: $113B → $119B (+$6.28B)
3.26% more ownership
Funds ownership: 78.27% → 81.54% (+3.3%)
2% more funds holding in top 10
Funds holding in top 10: 54 → 55 (+1)
1% less call options, than puts
Call options by funds: $535M | Put options by funds: $538M
18% less repeat investments, than reductions
Existing positions increased: 709 | Existing positions reduced: 869
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$4.3B |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
+$449M |
| 3 |
BlackRock
New York
|
+$422M |
| 4 |
Viking Global Investors
Stamford,
Connecticut
|
+$336M |
| 5 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
+$277M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$726M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$422M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$284M |
| 4 |
Bank of New York Mellon
New York
|
-$247M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$166M |
PM Hedge Fund Activity: Q4 2023 in Review
2,150 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Philip Morris (PM) for Q4 2023, worth a combined $119B — up 5.6% from $113B a quarter earlier.
Buyers outnumbered sellers: 239 funds opened new PM positions and 88 closed out — a net gain of 151 holders — while 709 added to existing stakes and 869 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $4.3B. The largest seller was Capital World Investors, cutting an estimated $726M.
- 2,150 institutional investors held Philip Morris (PM) as of Q4 2023, up from 2,027 in Q3 2023.
- Funds reported $119B of Philip Morris stock for Q4 2023, up 5.6% quarter-over-quarter.
- 239 funds opened new Philip Morris positions in Q4 2023 and 88 closed out, a net change of +151 holders.
- The largest Philip Morris buyer in Q4 2023 was Morgan Stanley, an estimated $4.3B added.
- The largest Philip Morris seller in Q4 2023 was Capital World Investors, an estimated $726M sold.
Based on aggregated 13F filings for Q4 2023.