Philip Morris
1,738 hedge funds and large institutions have $101B invested in Philip Morris in 2019 Q1 according to their latest regulatory filings, with 178 funds opening new positions, 628 increasing their positions, 713 reducing their positions, and 87 closing their positions.
105% more first-time investments, than exits
New positions opened: 178 | Existing positions closed: 87
33% more capital invested
Capital invested by funds: $76.3B → $101B (+$25.2B)
20% more funds holding in top 10
Funds holding in top 10: 44 → 53 (+9)
4% more funds holding
Funds holding: 1,667 → 1,738 (+71)
10% more call options, than puts
Call options by funds: $862M | Put options by funds: $785M
0% more ownership
Funds ownership: 73.8% → 73.8% (+0%)
12% less repeat investments, than reductions
Existing positions increased: 628 | Existing positions reduced: 713
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$535M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$343M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$339M |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$336M |
| 5 |
State Street
Boston,
Massachusetts
|
+$248M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$740M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$366M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
-$327M |
| 4 |
Capital International Investors
Los Angeles,
California
|
-$220M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$170M |
PM Hedge Fund Activity: Q1 2019 in Review
1,738 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in Philip Morris (PM) for Q1 2019, worth a combined $101B — up 33% from $76.3B a quarter earlier.
Buyers outnumbered sellers: 178 funds opened new PM positions and 87 closed out — a net gain of 91 holders — while 628 added to existing stakes and 713 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $535M. The largest seller was Massachusetts Financial Services, cutting an estimated $740M.
- 1,738 institutional investors held Philip Morris (PM) as of Q1 2019, up from 1,667 in Q4 2018.
- Funds reported $101B of Philip Morris stock for Q1 2019, up 33% quarter-over-quarter.
- 178 funds opened new Philip Morris positions in Q1 2019 and 87 closed out, a net change of +91 holders.
- The largest Philip Morris buyer in Q1 2019 was Morgan Stanley, an estimated $535M added.
- The largest Philip Morris seller in Q1 2019 was Massachusetts Financial Services, an estimated $740M sold.
Based on aggregated 13F filings for Q1 2019.