Philip Morris
2,731 hedge funds and large institutions have $207B invested in Philip Morris in 2025 Q3 according to their latest regulatory filings, with 147 funds opening new positions, 1,104 increasing their positions, 1,049 reducing their positions, and 211 closing their positions.
5% more repeat investments, than reductions
Existing positions increased: 1,104 | Existing positions reduced: 1,049
0.85% more ownership
Funds ownership: 81.07% → 81.92% (+0.85%)
4% less call options, than puts
Call options by funds: $1.39B | Put options by funds: $1.44B
4% less funds holding
Funds holding: 2,842 → 2,731 (-111)
10% less capital invested
Capital invested by funds: $230B → $207B (-$23B)
30% less first-time investments, than exits
New positions opened: 147 | Existing positions closed: 211
32% less funds holding in top 10
Funds holding in top 10: 102 → 69 (-33)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$1.33B |
| 2 |
GQG Partners
Ft. Lauderdale,
Florida
|
+$553M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
+$490M |
| 4 |
Morgan Stanley
New York
|
+$457M |
| 5 |
Capital World Investors
Los Angeles,
California
|
+$457M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$479M |
| 2 |
BNP Paribas Financial Markets
Paris,
France
|
-$388M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$349M |
| 4 |
Fundsmith LLP
London,
United Kingdom
|
-$317M |
| 5 |
AI
Axiom Investors
Greenwich,
Connecticut
|
-$279M |
PM Hedge Fund Activity: Q3 2025 in Review
2,731 of the 7,620 institutional investors tracked by Wall St. Rank reported a position in Philip Morris (PM) for Q3 2025, worth a combined $207B — down 10% from $230B a quarter earlier.
Sellers outnumbered buyers: 211 funds closed out of PM and 147 opened new positions — a net loss of 64 holders — while 1,049 trimmed existing stakes and 1,104 added.
The largest buyer was Fidelity Investments, adding an estimated $1.33B. The largest seller was Wellington Management Group, cutting an estimated $479M.
- 2,731 institutional investors held Philip Morris (PM) as of Q3 2025, down from 2,842 in Q2 2025.
- Funds reported $207B of Philip Morris stock for Q3 2025, down 10% quarter-over-quarter.
- 147 funds opened new Philip Morris positions in Q3 2025 and 211 closed out, a net change of -64 holders.
- The largest Philip Morris buyer in Q3 2025 was Fidelity Investments, an estimated $1.33B added.
- The largest Philip Morris seller in Q3 2025 was Wellington Management Group, an estimated $479M sold.
Based on aggregated 13F filings for Q3 2025.