Philip Morris
1,858 hedge funds and large institutions have $116B invested in Philip Morris in 2021 Q2 according to their latest regulatory filings, with 124 funds opening new positions, 721 increasing their positions, 682 reducing their positions, and 79 closing their positions.
57% more first-time investments, than exits
New positions opened: 124 | Existing positions closed: 79
24% more funds holding in top 10
Funds holding in top 10: 42 → 52 (+10)
12% more capital invested
Capital invested by funds: $103B → $116B (+$12.3B)
1% more funds holding
Funds holding: 1,836 → 1,858 (+22)
6% more repeat investments, than reductions
Existing positions increased: 721 | Existing positions reduced: 682
0.2% more ownership
Funds ownership: 74.8% → 75% (+0.2%)
8% less call options, than puts
Call options by funds: $563M | Put options by funds: $609M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.04B |
| 2 |
Capital International Investors
Los Angeles,
California
|
+$442M |
| 3 |
JP Morgan Chase
New York
|
+$247M |
| 4 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$186M |
| 5 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$143M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$637M |
| 2 |
Flossbach Von Storch
Cologne,
Germany
|
-$384M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$317M |
| 4 |
Renaissance Technologies
New York
|
-$211M |
| 5 |
Fidelity International
Hamilton,
Bermuda
|
-$193M |
PM Hedge Fund Activity: Q2 2021 in Review
1,858 of the 5,746 institutional investors tracked by Wall St. Rank reported a position in Philip Morris (PM) for Q2 2021, worth a combined $116B — up 12% from $103B a quarter earlier.
Buyers outnumbered sellers: 124 funds opened new PM positions and 79 closed out — a net gain of 45 holders — while 721 added to existing stakes and 682 trimmed.
The largest buyer was Royal Bank of Canada, adding an estimated $1.04B. The largest seller was Capital Research Global Investors, cutting an estimated $637M.
- 1,858 institutional investors held Philip Morris (PM) as of Q2 2021, up from 1,836 in Q1 2021.
- Funds reported $116B of Philip Morris stock for Q2 2021, up 12% quarter-over-quarter.
- 124 funds opened new Philip Morris positions in Q2 2021 and 79 closed out, a net change of +45 holders.
- The largest Philip Morris buyer in Q2 2021 was Royal Bank of Canada, an estimated $1.04B added.
- The largest Philip Morris seller in Q2 2021 was Capital Research Global Investors, an estimated $637M sold.
Based on aggregated 13F filings for Q2 2021.