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Philip Morris

1,400 hedge funds and large institutions have $87.4B invested in Philip Morris in 2015 Q3 according to their latest regulatory filings, with 65 funds opening new positions, 527 increasing their positions, 542 reducing their positions, and 62 closing their positions.

New
Increased
Maintained
Reduced
Closed

55% more call options, than puts

Call options by funds: $635M | Put options by funds: $409M

11% more funds holding in top 10

Funds holding in top 10: 7280 (+8)

5% more first-time investments, than exits

New positions opened: 65 | Existing positions closed: 62

1% more capital invested

Capital invested by funds: $86.2B → $87.4B (+$1.24B)

0.91% more ownership

Funds ownership: 69.69%70.6% (+0.91%)

1% less funds holding

Funds holding: 1,4091,400 (-9)

3% less repeat investments, than reductions

Existing positions increased: 527 | Existing positions reduced: 542

Holders
1,400
Holders Change
-9
Holders Change %
-0.64%
% of All Funds
39.08%
Holding in Top 10
80
Holding in Top 10 Change
+8
Holding in Top 10 Change %
+11.11%
% of All Funds
2.23%
New
65
Increased
527
Reduced
542
Closed
62
Calls
$635M
Puts
$409M
Net Calls
+$226M
Net Calls Change
+$134M
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity International
76
Fidelity International
Bermuda
$169M +$85M +1,032,903 +94%
AII
77
AGF Investments Inc
Ontario, Canada
$163M +$14.8M +179,976 +10%
Bessemer Group
78
Bessemer Group
New Jersey
$162M +$59.5M +723,131 +55%
RhumbLine Advisers
79
RhumbLine Advisers
Massachusetts
$157M +$6.73M +81,738 +4%
CGT
80
Capital Guardian Trust
California
$153M +$25.8M +313,325 +19%
PI
81
Putnam Investments
Massachusetts
$153M -$74.8M -908,989 -32%
BJ
82
BlackRock Japan
Japan
$153M +$7.11M +86,406 +5%
State Board of Administration of Florida Retirement System
83
State Board of Administration of Florida Retirement System
Florida
$152M -$935K -11,361 -0.6%
Nordea Investment Management
84
Nordea Investment Management
Sweden
$149M +$4.28M +51,945 +3%
Canada Pension Plan Investment Board
85
Canada Pension Plan Investment Board
Ontario, Canada
$148M -$80.3M -975,853 -34%
SCCM
86
Schafer Cullen Capital Management
New York
$146M -$7.26M -88,169 -5%
TBC
87
Tweedy, Browne Co
Connecticut
$146M -$43.6K -530 -0%
RJA
88
Raymond James & Associates
Florida
$142M +$4.03M +48,920 +3%
HCM
89
Herndon Capital Management
Georgia
$141M -$12.5M -151,482 -8%
First Manhattan
90
First Manhattan
New York
$141M +$54.3M +660,275 +59%
HSBC Holdings
91
HSBC Holdings
United Kingdom
$133M -$26.2M -318,154 -16%
Bank of Montreal
92
Bank of Montreal
Ontario, Canada
$132M -$8.44M -102,542 -6%
State of Wisconsin Investment Board
93
State of Wisconsin Investment Board
Wisconsin
$132M -$9.14M -111,100 -6%
State of New Jersey Common Pension Fund D
94
State of New Jersey Common Pension Fund D
New Jersey
$130M
AGA
95
Altrinsic Global Advisors
Connecticut
$128M -$3.89M -47,216 -3%
TA
96
Teachers Advisors
New York
$127M +$3.06M +37,202 +2%
USAA
97
United Services Automobile Association
Texas
$126M +$5.97M +72,570 +5%
T
98
Thomaspartners
Massachusetts
$124M +$3.03M +36,760 +2%
AQR Capital Management
99
AQR Capital Management
Connecticut
$121M +$17.2M +208,784 +16%
CNB
100
City National Bank
California
$120M +$5.29M +64,297 +4%

PM Hedge Fund Activity: Q3 2015 in Review

1,400 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Philip Morris (PM) for Q3 2015, worth a combined $87.4B — up 1.4% from $86.2B a quarter earlier.

Buyers outnumbered sellers: 65 funds opened new PM positions and 62 closed out — a net gain of 3 holders — while 527 added to existing stakes and 542 trimmed.

The largest buyer was Bank of America, adding an estimated $608M. The largest seller was Citigroup, cutting an estimated $120M.

  • 1,400 institutional investors held Philip Morris (PM) as of Q3 2015, down from 1,409 in Q2 2015.
  • Funds reported $87.4B of Philip Morris stock for Q3 2015, up 1.4% quarter-over-quarter.
  • 65 funds opened new Philip Morris positions in Q3 2015 and 62 closed out, a net change of +3 holders.
  • The largest Philip Morris buyer in Q3 2015 was Bank of America, an estimated $608M added.
  • The largest Philip Morris seller in Q3 2015 was Citigroup, an estimated $120M sold.

Based on aggregated 13F filings for Q3 2015.