Philip Morris
1,673 hedge funds and large institutions have $90.8B invested in Philip Morris in 2019 Q2 according to their latest regulatory filings, with 65 funds opening new positions, 594 increasing their positions, 751 reducing their positions, and 104 closing their positions.
0.64% more ownership
Funds ownership: 73.8% → 74.45% (+0.64%)
4% less funds holding
Funds holding: 1,738 → 1,673 (-65)
10% less capital invested
Capital invested by funds: $101B → $90.8B (-$10.7B)
21% less repeat investments, than reductions
Existing positions increased: 594 | Existing positions reduced: 751
25% less call options, than puts
Call options by funds: $559M | Put options by funds: $748M
30% less funds holding in top 10
Funds holding in top 10: 53 → 37 (-16)
38% less first-time investments, than exits
New positions opened: 65 | Existing positions closed: 104
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
N
Nuveen
Charlotte,
North Carolina
|
+$929M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$729M |
| 3 |
Morgan Stanley
New York
|
+$413M |
| 4 |
BlackRock
New York
|
+$403M |
| 5 |
Capital World Investors
Los Angeles,
California
|
+$362M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$1.1B |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$656M |
| 3 |
JP Morgan Chase
New York
|
-$157M |
| 4 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$141M |
| 5 |
BAM
Burgundy Asset Management
Toronto,
Ontario, Canada
|
-$94.6M |
PM Hedge Fund Activity: Q2 2019 in Review
1,673 of the 4,605 institutional investors tracked by Wall St. Rank reported a position in Philip Morris (PM) for Q2 2019, worth a combined $90.8B — down 10% from $101B a quarter earlier.
Sellers outnumbered buyers: 104 funds closed out of PM and 65 opened new positions — a net loss of 39 holders — while 751 trimmed existing stakes and 594 added.
The largest buyer was Nuveen, adding an estimated $929M. The largest seller was Capital Research Global Investors, cutting an estimated $1.1B.
- 1,673 institutional investors held Philip Morris (PM) as of Q2 2019, down from 1,738 in Q1 2019.
- Funds reported $90.8B of Philip Morris stock for Q2 2019, down 10% quarter-over-quarter.
- 65 funds opened new Philip Morris positions in Q2 2019 and 104 closed out, a net change of -39 holders.
- The largest Philip Morris buyer in Q2 2019 was Nuveen, an estimated $929M added.
- The largest Philip Morris seller in Q2 2019 was Capital Research Global Investors, an estimated $1.1B sold.
Based on aggregated 13F filings for Q2 2019.