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Philip Morris

1,682 hedge funds and large institutions have $85.1B invested in Philip Morris in 2020 Q1 according to their latest regulatory filings, with 75 funds opening new positions, 568 increasing their positions, 798 reducing their positions, and 189 closing their positions.

New
Increased
Maintained
Reduced
Closed

24% more funds holding in top 10

Funds holding in top 10: 4252 (+10)

1.06% more ownership

Funds ownership: 73.82%74.88% (+1.1%)

4% less call options, than puts

Call options by funds: $481M | Put options by funds: $500M

8% less funds holding

Funds holding: 1,8221,682 (-140)

13% less capital invested

Capital invested by funds: $97.9B → $85.1B (-$12.8B)

29% less repeat investments, than reductions

Existing positions increased: 568 | Existing positions reduced: 798

60% less first-time investments, than exits

New positions opened: 75 | Existing positions closed: 189

Holders
1,682
Holders Change
-140
Holders Change %
-7.68%
% of All Funds
37.06%
Holding in Top 10
52
Holding in Top 10 Change
+10
Holding in Top 10 Change %
+23.81%
% of All Funds
1.15%
New
75
Increased
568
Reduced
798
Closed
189
Calls
$481M
Puts
$500M
Net Calls
-$18.9M
Net Calls Change
+$224M
Name Holding Trade Value Shares
Change
Change in
Stake
AIG
51
American International Group
New York
$251M -$73.1M -888,166 -20%
Victory Capital Management
52
Victory Capital Management
Texas
$230M +$172M +2,084,038 +195%
CS
53
Credit Suisse
Switzerland
$218M -$59.1M -718,210 -19%
PG
54
Pendal Group
Australia
$216M +$10.3M +124,608 +4%
Dimensional Fund Advisors
55
Dimensional Fund Advisors
Texas
$213M -$823K -9,999 -0.3%
CFM
56
Coronation Fund Managers
South Africa
$202M +$86.1M +1,046,396 +61%
Diamond Hill Capital Management
57
Diamond Hill Capital Management
Ohio
$194M -$136M -1,653,672 -38%
Mackenzie Financial
58
Mackenzie Financial
Ontario, Canada
$191M +$41.9M +508,904 +24%
PNC Financial Services Group
59
PNC Financial Services Group
Pennsylvania
$189M +$2.3M +27,961 +1%
RhumbLine Advisers
60
RhumbLine Advisers
Massachusetts
$186M +$3.31M +40,213 +2%
AL
61
AJO LP
Pennsylvania
$180M +$168M +2,043,023 +489%
Principal Financial Group
62
Principal Financial Group
Iowa
$178M +$715K +8,684 +0.4%
DekaBank Deutsche Girozentrale
63
DekaBank Deutsche Girozentrale
Germany
$174M -$5.32M -64,620 -3%
Bank of Montreal
64
Bank of Montreal
Ontario, Canada
$172M -$42M -510,078 -18%
EIP
65
Epoch Investment Partners
New York
$166M -$2.47M -30,068 -1%
New York State Teachers Retirement System (NYSTRS)
66
New York State Teachers Retirement System (NYSTRS)
New York
$165M -$6.44M -78,200 -3%
Lord, Abbett & Co
67
Lord, Abbett & Co
New Jersey
$155M +$13.8M +168,279 +9%
BBHC
68
Brown Brothers Harriman & Co
New York
$155M -$804K -9,775 -0.5%
State Board of Administration of Florida Retirement System
69
State Board of Administration of Florida Retirement System
Florida
$150M +$3.36M +40,876 +2%
RJA
70
Raymond James & Associates
Florida
$149M -$1.77M -21,479 -1%
HSBC Holdings
71
HSBC Holdings
United Kingdom
$146M -$4.98M -60,479 -3%
Grantham, Mayo, Van Otterloo & Co (GMO)
72
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$143M -$40.7M -494,166 -20%
AQR Capital Management
73
AQR Capital Management
Connecticut
$141M +$8.95M +108,799 +6%
GQG Partners
74
GQG Partners
Florida
$133M +$150M +1,826,770 New
National Pension Service
75
National Pension Service
South Korea
$131M +$1.65M +20,016 +1%

PM Hedge Fund Activity: Q1 2020 in Review

1,682 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Philip Morris (PM) for Q1 2020, worth a combined $85.1B — down 13% from $97.9B a quarter earlier.

Sellers outnumbered buyers: 189 funds closed out of PM and 75 opened new positions — a net loss of 114 holders — while 798 trimmed existing stakes and 568 added.

The largest buyer was Capital World Investors, adding an estimated $1.45B. The largest seller was Goldman Sachs, cutting an estimated $488M.

  • 1,682 institutional investors held Philip Morris (PM) as of Q1 2020, down from 1,822 in Q4 2019.
  • Funds reported $85.1B of Philip Morris stock for Q1 2020, down 13% quarter-over-quarter.
  • 75 funds opened new Philip Morris positions in Q1 2020 and 189 closed out, a net change of -114 holders.
  • The largest Philip Morris buyer in Q1 2020 was Capital World Investors, an estimated $1.45B added.
  • The largest Philip Morris seller in Q1 2020 was Goldman Sachs, an estimated $488M sold.

Based on aggregated 13F filings for Q1 2020.