Philip Morris
1,847 hedge funds and large institutions have $110B invested in Philip Morris in 2021 Q3 according to their latest regulatory filings, with 121 funds opening new positions, 697 increasing their positions, 696 reducing their positions, and 105 closing their positions.
15% more first-time investments, than exits
New positions opened: 121 | Existing positions closed: 105
0% more repeat investments, than reductions
Existing positions increased: 697 | Existing positions reduced: 696
0.16% less ownership
Funds ownership: 75% → 74.84% (-0.16%)
1% less funds holding
Funds holding: 1,857 → 1,847 (-10)
4% less capital invested
Capital invested by funds: $116B → $110B (-$5.15B)
9% less call options, than puts
Call options by funds: $716M | Put options by funds: $787M
13% less funds holding in top 10
Funds holding in top 10: 52 → 45 (-7)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$369M |
| 2 |
GQG Partners
Ft. Lauderdale,
Florida
|
+$251M |
| 3 |
Capital World Investors
Los Angeles,
California
|
+$217M |
| 4 |
N
Natixis
Paris,
France
|
+$197M |
| 5 |
Two Sigma Investments
New York
|
+$184M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIBC World Market
Toronto,
Ontario, Canada
|
-$515M |
| 2 |
TAM
Troy Asset Management
London,
United Kingdom
|
-$404M |
| 3 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$191M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$144M |
| 5 |
Bank of New York Mellon
New York
|
-$127M |
PM Hedge Fund Activity: Q3 2021 in Review
1,847 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Philip Morris (PM) for Q3 2021, worth a combined $110B — down 4.5% from $116B a quarter earlier.
Buyers outnumbered sellers: 121 funds opened new PM positions and 105 closed out — a net gain of 16 holders — while 697 added to existing stakes and 696 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $369M. The largest seller was CIBC World Market, cutting an estimated $515M.
- 1,847 institutional investors held Philip Morris (PM) as of Q3 2021, down from 1,857 in Q2 2021.
- Funds reported $110B of Philip Morris stock for Q3 2021, down 4.5% quarter-over-quarter.
- 121 funds opened new Philip Morris positions in Q3 2021 and 105 closed out, a net change of +16 holders.
- The largest Philip Morris buyer in Q3 2021 was Goldman Sachs, an estimated $369M added.
- The largest Philip Morris seller in Q3 2021 was CIBC World Market, an estimated $515M sold.
Based on aggregated 13F filings for Q3 2021.