Philip Morris
      
      
    
  1,959 hedge funds and large institutions have $110B invested in Philip Morris in 2021 Q4 according to their latest regulatory filings, with 247 funds opening new positions, 755 increasing their positions, 671 reducing their positions, and 105 closing their positions.
New
  Increased
  Maintained
  Reduced
  Closed
  more first-time investments, than exits
New positions opened: | Existing positions closed:
more repeat investments, than reductions
Existing positions increased: | Existing positions reduced:
more funds holding
Funds holding: →
less ownership
Funds ownership: →
1% less capital invested
Capital invested by funds: $110B → $110B (-$697M)
11% less funds holding in top 10
Funds holding in top 10: 45 → 40 (-5)
17% less call options, than puts
Call options by funds: $483M | Put options by funds: $582M
    
      Holders
    
  
  
    
      
        
      
        1,959
      
    
      
    
  
    
      Holding in Top 10
    
  
  
    
      
        
      
        40
      
    
      
    
  
    
      Calls
    
  
  
    
      
        
      
        $483M
      
    
      
    
  
    
      Puts
    
  
  
    
      
        
      
        $582M
      
    
      
    
  
Top Buyers
| 1 | +$316M | |
| 2 | +$300M | |
| 3 | +$207M | |
| 4 | 
          
   
      State Street
     
    
      
        Boston,
      
      
        Massachusetts
      
     
   | 
        +$192M | 
| 5 | 
          
   
      Morgan Stanley
     
    
      
      
        New York
      
     
   | 
        +$117M | 
Top Sellers
| 1 | -$423M | |
| 2 | -$249M | |
| 3 | -$231M | |
| 4 | 
          
   
      JPMorgan Chase & Co
     
    
      
      
        New York
      
     
   | 
        -$209M | 
| 5 | 
          
   
      Two Sigma Investments
     
    
      
      
        New York
      
     
   | 
        -$185M |