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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.

New
Increased
Maintained
Reduced
Closed

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: 7280 (+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: 1,4091,400 (-9)

3% less repeat investments, than reductions

Existing positions increased: 527 | Existing positions reduced: 542

Holders
1,400
Holders Change
-9
Holders Change %
-0.64%
% of All Funds
39.08%
Holding in Top 10
80
Holding in Top 10 Change
+8
Holding in Top 10 Change %
+11.11%
% of All Funds
2.23%
New
65
Increased
527
Reduced
542
Closed
62
Calls
$635M
Puts
$409M
Net Calls
+$226M
Net Calls Change
+$134M
Name Holding Trade Value Shares
Change
Change in
Stake
Two Sigma Investments
151
Two Sigma Investments
New York
$59.6M +$55.5M +674,184 +879%
TRSOTSOK
152
Teachers Retirement System of the State of Kentucky
Kentucky
$59.5M +$3.78M +45,900 +7%
AI
153
Ariel Investments
Illinois
$57.5M +$18.1M +219,765 +44%
Teacher Retirement System of Texas
154
Teacher Retirement System of Texas
Texas
$57.1M -$7.86M -95,465 -12%
State of Tennessee, Department of Treasury
155
State of Tennessee, Department of Treasury
Tennessee
$57M -$1.98M -24,100 -3%
BCIM
156
British Columbia Investment Management
British Columbia, Canada
$56M +$9.92M +120,493 +21%
JFL
157
Jarislowsky, Fraser Ltd
Quebec, Canada
$55.9M -$26.7M -324,411 -32%
GAM
158
Gotham Asset Management
New York
$55.8M +$44.9M +545,390 +344%
BAMF
159
BI Asset Management Fondsmaeglerselskab
Denmark
$55.6M +$41.1K +500 +0.1%
Caisse de Depot et Placement du Quebec (CDPQ)
160
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$54.3M +$321K +3,900 +0.6%
National Pension Service
161
National Pension Service
South Korea
$53.1M +$7.62M +92,583 +16%
EPFB
162
Employees Provident Fund Board
Malaysia
$52.7M
HI
163
Honeywell International
North Carolina
$52.3M -$5.24M -63,700 -9%
Royal London Asset Management
164
Royal London Asset Management
United Kingdom
$51.9M +$53.9M +654,531 New
SDIC
165
South Dakota Investment Council
South Dakota
$51.8M -$1.56M -18,910 -3%
BAPIM
166
British Airways Pensions Investment Management
United Kingdom
$50.1M +$6.53M +79,360 +14%
Korea Investment Corp
167
Korea Investment Corp
South Korea
$48.8M +$6.98M +84,830 +16%
ASRS
168
Arizona State Retirement System
Arizona
$48.7M +$50.5M +613,296 New
BNP Paribas Financial Markets
169
BNP Paribas Financial Markets
France
$47.1M -$2.95M -35,837 -6%
Neuberger Berman Group
170
Neuberger Berman Group
New York
$47M -$16.5M -199,903 -25%
GLA
171
Great Lakes Advisors
Illinois
$45.5M +$4.44M +53,943 +10%
Loomis, Sayles & Company
172
Loomis, Sayles & Company
Massachusetts
$45.3M -$753K -9,155 -2%
SFFS
173
Stonehage Fleming Financial Services
Jersey
$45.1M -$278K -3,373 -0.6%
DRZID
174
DePrince Race & Zollo Inc (DRZ)
Florida
$45M -$5.91M -71,850 -11%
FIM
175
Foresters Investment Management
New York
$44.6M +$642K +7,800 +1%

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.