Philip Morris
1,403 hedge funds and large institutions have $95.7B invested in Philip Morris in 2013 Q4 according to their latest regulatory filings, with 168 funds opening new positions, 490 increasing their positions, 564 reducing their positions, and 58 closing their positions.
190% more first-time investments, than exits
New positions opened: 168 | Existing positions closed: 58
7% more funds holding
Funds holding: 1,308 → 1,403 (+95)
0.07% less ownership
Funds ownership: 68.62% → 68.55% (-0.07%)
7% less call options, than puts
Call options by funds: $779M | Put options by funds: $837M
7% less capital invested
Capital invested by funds: $103B → $95.7B (-$7.42B)
10% less funds holding in top 10
Funds holding in top 10: 102 → 92 (-10)
13% less repeat investments, than reductions
Existing positions increased: 490 | Existing positions reduced: 564
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$773M |
| 2 |
Capital International Investors
Los Angeles,
California
|
+$367M |
| 3 |
AIG
American International Group
New York
|
+$249M |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$125M |
| 5 |
BAM
Burgundy Asset Management
Toronto,
Ontario, Canada
|
+$101M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$402M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$363M |
| 3 |
VOYA Investment Management
Atlanta,
Georgia
|
-$280M |
| 4 |
JP Morgan Chase
New York
|
-$190M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
-$182M |
PM Hedge Fund Activity: Q4 2013 in Review
1,403 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Philip Morris (PM) for Q4 2013, worth a combined $95.7B — down 7.2% from $103B a quarter earlier.
Buyers outnumbered sellers: 168 funds opened new PM positions and 58 closed out — a net gain of 110 holders — while 490 added to existing stakes and 564 trimmed.
The largest buyer was Capital World Investors, adding an estimated $773M. The largest seller was Capital Research Global Investors, cutting an estimated $402M.
- 1,403 institutional investors held Philip Morris (PM) as of Q4 2013, up from 1,308 in Q3 2013.
- Funds reported $95.7B of Philip Morris stock for Q4 2013, down 7.2% quarter-over-quarter.
- 168 funds opened new Philip Morris positions in Q4 2013 and 58 closed out, a net change of +110 holders.
- The largest Philip Morris buyer in Q4 2013 was Capital World Investors, an estimated $773M added.
- The largest Philip Morris seller in Q4 2013 was Capital Research Global Investors, an estimated $402M sold.
Based on aggregated 13F filings for Q4 2013.