Philip Morris
1,548 hedge funds and large institutions have $101B invested in Philip Morris in 2016 Q4 according to their latest regulatory filings, with 156 funds opening new positions, 586 increasing their positions, 566 reducing their positions, and 102 closing their positions.
53% more first-time investments, than exits
New positions opened: 156 | Existing positions closed: 102
2% more funds holding
Funds holding: 1,518 → 1,548 (+30)
4% more repeat investments, than reductions
Existing positions increased: 586 | Existing positions reduced: 566
0.13% less ownership
Funds ownership: 71.41% → 71.27% (-0.13%)
5% less capital invested
Capital invested by funds: $107B → $101B (-$5.42B)
18% less funds holding in top 10
Funds holding in top 10: 89 → 73 (-16)
30% less call options, than puts
Call options by funds: $702M | Put options by funds: $1.01B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$847M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$450M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$246M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$242M |
| 5 |
Asset Management One
Tokyo,
Japan
|
+$231M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$760M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$671M |
| 3 |
MC
Maverick Capital
Dallas,
Texas
|
-$666M |
| 4 |
MTB
Mizuho Trust & Banking
Tokyo,
Japan
|
-$251M |
| 5 |
TAM
Troy Asset Management
London,
United Kingdom
|
-$214M |
PM Hedge Fund Activity: Q4 2016 in Review
1,548 of the 4,001 institutional investors tracked by Wall St. Rank reported a position in Philip Morris (PM) for Q4 2016, worth a combined $101B — down 5.1% from $107B a quarter earlier.
Buyers outnumbered sellers: 156 funds opened new PM positions and 102 closed out — a net gain of 54 holders — while 586 added to existing stakes and 566 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $847M. The largest seller was Capital Research Global Investors, cutting an estimated $760M.
- 1,548 institutional investors held Philip Morris (PM) as of Q4 2016, up from 1,518 in Q3 2016.
- Funds reported $101B of Philip Morris stock for Q4 2016, down 5.1% quarter-over-quarter.
- 156 funds opened new Philip Morris positions in Q4 2016 and 102 closed out, a net change of +54 holders.
- The largest Philip Morris buyer in Q4 2016 was T. Rowe Price Associates, an estimated $847M added.
- The largest Philip Morris seller in Q4 2016 was Capital Research Global Investors, an estimated $760M sold.
Based on aggregated 13F filings for Q4 2016.