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Philip Morris

1,364 hedge funds and large institutions have $91B invested in Philip Morris in 2014 Q3 according to their latest regulatory filings, with 54 funds opening new positions, 524 increasing their positions, 575 reducing their positions, and 65 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.33% more ownership

Funds ownership: 68.83%69.16% (+0.33%)

1% less capital invested

Capital invested by funds: $91.7B → $91B (-$775M)

9% less call options, than puts

Call options by funds: $573M | Put options by funds: $626M

9% less repeat investments, than reductions

Existing positions increased: 524 | Existing positions reduced: 575

2% less funds holding

Funds holding: 1,3851,364 (-21)

10% less funds holding in top 10

Funds holding in top 10: 6861 (-7)

17% less first-time investments, than exits

New positions opened: 54 | Existing positions closed: 65

Holders
1,364
Holders Change
-21
Holders Change %
-1.52%
% of All Funds
39.56%
Holding in Top 10
61
Holding in Top 10 Change
-7
Holding in Top 10 Change %
-10.29%
% of All Funds
1.77%
New
54
Increased
524
Reduced
575
Closed
65
Calls
$573M
Puts
$626M
Net Calls
-$53.4M
Net Calls Change
-$147M
Name Holding Trade Value Shares
Change
Change in
Stake
BHBT
676
Burke & Herbert Bank & Trust
Virginia
$1.98M -$76.1K -900 -4%
ASN
677
Advisory Services Network
Georgia
$1.96M +$280K +3,311 +16%
BFS
678
Bradley Foster & Sargent
Connecticut
$1.95M -$41.7K -493 -2%
BCA
679
Bernzott Capital Advisors
California
$1.95M +$237K +2,800 +14%
NFG
680
Next Financial Group
Texas
$1.93M +$1.93M +22,790 +6,743%
BAM
681
Barrett Asset Management
New York
$1.9M -$14.8K -175 -0.8%
AI
682
Atria Investments
North Carolina
$1.88M -$111K -1,313 -6%
PAM
683
Princeton Alpha Management
New Jersey
$1.87M -$97.5K -1,153 -5%
HR
684
Howe & Rusling
New York
$1.87M -$52.6K -622 -3%
UF
685
Univest Financial
Pennsylvania
$1.86M +$147K +1,742 +8%
ST
686
Spinnaker Trust
Maine
$1.85M +$228K +2,694 +14%
FIM
687
Fernwood Investment Management
Massachusetts
$1.85M +$19.7K +233 +1%
DP
688
Dearborn Partners
Illinois
$1.84M -$169K -1,995 -8%
TYCC
689
Texas Yale Capital Corp
Florida
$1.84M +$190K +2,245 +11%
GP
690
Girard Partners
Pennsylvania
$1.84M +$28.2K +333 +2%
PC
691
Permit Capital
Pennsylvania
$1.83M
HH
692
Hilltop Holdings
Texas
$1.83M +$162K +1,910 +10%
JG
693
Jefferies Group
New York
$1.83M +$661K +7,817 +56%
Fuller & Thaler Asset Management
694
Fuller & Thaler Asset Management
California
$1.82M +$431K +5,100 +31%
FTC
695
Farmers Trust Company
Ohio
$1.81M -$39.8K -470 -2%
SACTSONJ
696
Supplemental Annuity Collective Trust (SACT) of New Jersey
New Jersey
$1.8M
FFBTD
697
First Financial Bank - Trust Division
Ohio
$1.8M -$8.46K -100 -0.5%
CAM
698
Capstone Asset Management
Texas
$1.8M +$29.6K +350 +2%
WI
699
Wedgewood Investors
Pennsylvania
$1.8M -$16.9K -200 -0.9%
ACP
700
Ashfield Capital Partners
California
$1.79M -$87.7K -1,037 -5%

PM Hedge Fund Activity: Q3 2014 in Review

1,364 of the 3,448 institutional investors tracked by Wall St. Rank reported a position in Philip Morris (PM) for Q3 2014, worth a combined $91B — down 0.84% from $91.7B a quarter earlier.

Sellers outnumbered buyers: 65 funds closed out of PM and 54 opened new positions — a net loss of 11 holders — while 575 trimmed existing stakes and 524 added.

The largest buyer was Grantham, Mayo, Van Otterloo & Co (GMO), adding an estimated $325M. The largest seller was Bank of New York Mellon, cutting an estimated $183M.

  • 1,364 institutional investors held Philip Morris (PM) as of Q3 2014, down from 1,385 in Q2 2014.
  • Funds reported $91B of Philip Morris stock for Q3 2014, down 0.84% quarter-over-quarter.
  • 54 funds opened new Philip Morris positions in Q3 2014 and 65 closed out, a net change of -11 holders.
  • The largest Philip Morris buyer in Q3 2014 was Grantham, Mayo, Van Otterloo & Co (GMO), an estimated $325M added.
  • The largest Philip Morris seller in Q3 2014 was Bank of New York Mellon, an estimated $183M sold.

Based on aggregated 13F filings for Q3 2014.