Philip Morris
2,345 hedge funds and large institutions have $150B invested in Philip Morris in 2024 Q3 according to their latest regulatory filings, with 249 funds opening new positions, 857 increasing their positions, 877 reducing their positions, and 98 closing their positions.
154% more first-time investments, than exits
New positions opened: 249 | Existing positions closed: 98
25% more call options, than puts
Call options by funds: $1.08B | Put options by funds: $871M
20% more capital invested
Capital invested by funds: $125B → $150B (+$25.1B)
8% more funds holding in top 10
Funds holding in top 10: 60 → 65 (+5)
6% more funds holding
Funds holding: 2,216 → 2,345 (+129)
0.24% more ownership
Funds ownership: 79.41% → 79.65% (+0.24%)
2% less repeat investments, than reductions
Existing positions increased: 857 | Existing positions reduced: 877
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$781M |
| 2 |
GQG Partners
Ft. Lauderdale,
Florida
|
+$745M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$396M |
| 4 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$391M |
| 5 |
Capital World Investors
Los Angeles,
California
|
+$325M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$487M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
-$412M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$364M |
| 4 |
DCP
D1 Capital Partners
New York
|
-$325M |
| 5 |
Fundsmith LLP
London,
United Kingdom
|
-$286M |
PM Hedge Fund Activity: Q3 2024 in Review
2,345 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Philip Morris (PM) for Q3 2024, worth a combined $150B — up 20% from $125B a quarter earlier.
Buyers outnumbered sellers: 249 funds opened new PM positions and 98 closed out — a net gain of 151 holders — while 857 added to existing stakes and 877 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $781M. The largest seller was Morgan Stanley, cutting an estimated $487M.
- 2,345 institutional investors held Philip Morris (PM) as of Q3 2024, up from 2,216 in Q2 2024.
- Funds reported $150B of Philip Morris stock for Q3 2024, up 20% quarter-over-quarter.
- 249 funds opened new Philip Morris positions in Q3 2024 and 98 closed out, a net change of +151 holders.
- The largest Philip Morris buyer in Q3 2024 was Fidelity Investments, an estimated $781M added.
- The largest Philip Morris seller in Q3 2024 was Morgan Stanley, an estimated $487M sold.
Based on aggregated 13F filings for Q3 2024.