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Philip Morris

1,514 hedge funds and large institutions have $107B invested in Philip Morris in 2016 Q1 according to their latest regulatory filings, with 122 funds opening new positions, 548 increasing their positions, 615 reducing their positions, and 51 closing their positions.

New
Increased
Maintained
Reduced
Closed

139% more first-time investments, than exits

New positions opened: 122 | Existing positions closed: 51

24% more call options, than puts

Call options by funds: $550M | Put options by funds: $445M

14% more funds holding in top 10

Funds holding in top 10: 94107 (+13)

11% more capital invested

Capital invested by funds: $96.4B → $107B (+$10.7B)

4% more funds holding

Funds holding: 1,4601,514 (+54)

2.54% more ownership

Funds ownership: 71.06%73.61% (+2.5%)

11% less repeat investments, than reductions

Existing positions increased: 548 | Existing positions reduced: 615

Holders
1,514
Holders Change
+54
Holders Change %
+3.7%
% of All Funds
40.34%
Holding in Top 10
107
Holding in Top 10 Change
+13
Holding in Top 10 Change %
+13.83%
% of All Funds
2.85%
New
122
Increased
548
Reduced
615
Closed
51
Calls
$550M
Puts
$445M
Net Calls
+$106M
Net Calls Change
+$96.1M
Name Holding Trade Value Shares
Change
Change in
Stake
USSCPF
101
United States Steel & Carnegie Pension Fund
New York
$135M
AQR Capital Management
102
AQR Capital Management
Connecticut
$132M +$3.54M +38,598 +3%
US Bancorp
103
US Bancorp
Minnesota
$131M -$2.31M -25,150 -2%
Chevy Chase Trust
104
Chevy Chase Trust
Maryland
$129M +$2.7M +29,446 +2%
PAMU
105
Pictet Asset Management (UK)
United Kingdom
$124M +$25.5M +278,598 +26%
Flossbach Von Storch
106
Flossbach Von Storch
Germany
$124M -$67.9M -740,094 -37%
Caisse de Depot et Placement du Quebec (CDPQ)
107
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$124M +$55.2M +602,033 +91%
ClearBridge Investments
108
ClearBridge Investments
New York
$123M -$1.91M -20,871 -2%
SB
109
Suntrust Banks
Georgia
$123M +$2.05M +22,373 +2%
Stifel Financial
110
Stifel Financial
Missouri
$122M +$5.1M +55,595 +5%
Janus Henderson Group
111
Janus Henderson Group
United Kingdom
$122M +$41.8M +455,989 +58%
SO
112
STRS Ohio
Ohio
$122M +$176K +1,917 +0.2%
Canada Life
113
Canada Life
Manitoba, Canada
$119M -$3.11M -33,926 -3%
Barclays
114
Barclays
United Kingdom
$117M +$6.88M +75,051 +7%
Diamond Hill Capital Management
115
Diamond Hill Capital Management
Ohio
$116M -$1.62M -17,617 -1%
Axa
116
Axa
France
$115M +$5.92M +64,552 +6%
Thrivent Financial for Lutherans
117
Thrivent Financial for Lutherans
Minnesota
$112M +$4.95M +54,015 +5%
CP
118
Coho Partners
Pennsylvania
$112M +$4.38M +47,784 +4%
State of Tennessee, Department of Treasury
119
State of Tennessee, Department of Treasury
Tennessee
$110M +$48.6M +530,548 +89%
NIPH
120
NN Investment Partners Holdings
Netherlands
$108M +$101M +1,099,322 New
Ohio Public Employees Retirement System (OPERS)
121
Ohio Public Employees Retirement System (OPERS)
Ohio
$107M -$4.95M -54,001 -5%
Public Employees Retirement Association of Colorado
122
Public Employees Retirement Association of Colorado
Colorado
$103M -$918K -10,017 -0.9%
GC
123
Guggenheim Capital
Illinois
$103M -$11.8M -128,565 -11%
M&T Bank
124
M&T Bank
New York
$102M +$2.6M +28,406 +3%
Alyeska Investment Group
125
Alyeska Investment Group
Illinois
$101M +$94.5M +1,030,601 New

PM Hedge Fund Activity: Q1 2016 in Review

1,514 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Philip Morris (PM) for Q1 2016, worth a combined $107B — up 11% from $96.4B a quarter earlier.

Buyers outnumbered sellers: 122 funds opened new PM positions and 51 closed out — a net gain of 71 holders — while 548 added to existing stakes and 615 trimmed.

The largest buyer was Royal London Asset Management, adding an estimated $3.37B. The largest seller was Grantham, Mayo, Van Otterloo & Co (GMO), cutting an estimated $475M.

  • 1,514 institutional investors held Philip Morris (PM) as of Q1 2016, up from 1,460 in Q4 2015.
  • Funds reported $107B of Philip Morris stock for Q1 2016, up 11% quarter-over-quarter.
  • 122 funds opened new Philip Morris positions in Q1 2016 and 51 closed out, a net change of +71 holders.
  • The largest Philip Morris buyer in Q1 2016 was Royal London Asset Management, an estimated $3.37B added.
  • The largest Philip Morris seller in Q1 2016 was Grantham, Mayo, Van Otterloo & Co (GMO), an estimated $475M sold.

Based on aggregated 13F filings for Q1 2016.