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.
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: 72 → 80 (+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: 1,409 → 1,400 (-9)
3% less repeat investments, than reductions
Existing positions increased: 527 | Existing positions reduced: 542
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$608M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$399M |
| 3 |
Capital International Investors
Los Angeles,
California
|
+$176M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
+$160M |
| 5 |
VAM
Vontobel Asset Management
New York
|
+$127M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$120M |
| 2 |
Renaissance Technologies
New York
|
-$94.3M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$82.9M |
| 4 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
-$81.8M |
| 5 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$80.3M |
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.