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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
Mitsubishi UFJ Trust & Banking
51
Mitsubishi UFJ Trust & Banking
Japan
$306M -$43.2M -510,228 -12%
AIG
52
American International Group
New York
$304M -$2.77M -32,703 -0.9%
Charles Schwab
53
Charles Schwab
California
$304M +$8.48M +100,212 +3%
American Century Companies
54
American Century Companies
Missouri
$289M +$50.3M +594,994 +21%
Goldman Sachs
55
Goldman Sachs
New York
$283M -$136M -1,609,216 -32%
HSBC Holdings
56
HSBC Holdings
United Kingdom
$275M +$32.5M +384,797 +13%
U
57
UBS
Switzerland
$268M +$41.5M +490,729 +18%
RFC
58
Russell Frank Company
Washington
$263M +$2.37M +27,997 +0.9%
Prudential Financial
59
Prudential Financial
New Jersey
$262M +$707K +8,354 +0.3%
New York State Teachers Retirement System (NYSTRS)
60
New York State Teachers Retirement System (NYSTRS)
New York
$257M -$3.06M -36,185 -1%
BAM
61
Burgundy Asset Management
Ontario, Canada
$256M +$12.9M +152,551 +5%
Royal Bank of Canada
62
Royal Bank of Canada
Ontario, Canada
$244M +$7.75M +91,669 +3%
Principal Financial Group
63
Principal Financial Group
Iowa
$242M +$37.5M +443,188 +18%
PI
64
Putnam Investments
Massachusetts
$238M -$80.9M -956,128 -25%
Canada Pension Plan Investment Board
65
Canada Pension Plan Investment Board
Ontario, Canada
$230M +$38.9M +460,301 +20%
CRC
66
Cedar Rock Capital
United Kingdom
$220M
State of New Jersey Common Pension Fund D
67
State of New Jersey Common Pension Fund D
New Jersey
$212M +$4.23M +50,000 +2%
SOMRS
68
State of Michigan Retirement System
Michigan
$211M +$15.5M +183,600 +8%
PPA
69
Parametric Portfolio Associates
Washington
$202M +$5.55M +65,635 +3%
APG Asset Management
70
APG Asset Management
Netherlands
$199M +$27.2M +321,105 +16%
RhumbLine Advisers
71
RhumbLine Advisers
Massachusetts
$197M -$11.4M -134,218 -5%
BBHC
72
Brown Brothers Harriman & Co
New York
$196M +$85.4K +1,010 +0%
State Board of Administration of Florida Retirement System
73
State Board of Administration of Florida Retirement System
Florida
$188M -$5.03M -59,530 -3%
Nordea Investment Management
74
Nordea Investment Management
Sweden
$183M -$6.83M -80,769 -4%
MTB
75
Mizuho Trust & Banking
Japan
$183M -$11.7M -138,012 -6%

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.