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Philip Morris

1,514 hedge funds and large institutions have $107B invested in Philip Morris in 2016 Q1 according to their latest regulatory filings, with 122 funds opening new positions, 548 increasing their positions, 615 reducing their positions, and 51 closing their positions.

New
Increased
Maintained
Reduced
Closed

139% more first-time investments, than exits

New positions opened: 122 | Existing positions closed: 51

24% more call options, than puts

Call options by funds: $550M | Put options by funds: $445M

14% more funds holding in top 10

Funds holding in top 10: 94107 (+13)

11% more capital invested

Capital invested by funds: $96.4B → $107B (+$10.7B)

4% more funds holding

Funds holding: 1,4601,514 (+54)

2.54% more ownership

Funds ownership: 71.06%73.61% (+2.5%)

11% less repeat investments, than reductions

Existing positions increased: 548 | Existing positions reduced: 615

Holders
1,514
Holders Change
+54
Holders Change %
+3.7%
% of All Funds
40.34%
Holding in Top 10
107
Holding in Top 10 Change
+13
Holding in Top 10 Change %
+13.83%
% of All Funds
2.85%
New
122
Increased
548
Reduced
615
Closed
51
Calls
$550M
Puts
$445M
Net Calls
+$106M
Net Calls Change
+$96.1M
Name Holding Trade Value Shares
Change
Change in
Stake
ETC
151
Evercore Trust Company
New York
$77.3M -$5.37M -58,614 -7%
DC
152
Davenport & Co
Virginia
$76.4M +$369K +4,029 +0.5%
BAMF
153
BI Asset Management Fondsmaeglerselskab
Denmark
$75.9M +$7.19M +78,384 +11%
BNP Paribas Financial Markets
154
BNP Paribas Financial Markets
France
$75.8M -$66.9M -729,583 -49%
NC
155
Nicholas Company
Wisconsin
$74.8M -$40.8M -444,915 -37%
National Pension Service
156
National Pension Service
South Korea
$73M +$2.82M +30,738 +4%
BAPIM
157
British Airways Pensions Investment Management
United Kingdom
$72.4M +$9.78M +106,610 +17%
CWM
158
CIBC World Markets
New York
$72M -$194K -2,120 -0.3%
SJIC
159
St. James Investment Company
Texas
$69.7M -$696K -7,594 -1%
TRSOTSOK
160
Teachers Retirement System of the State of Kentucky
Kentucky
$68.6M -$3.35M -36,500 -5%
BCIM
161
British Columbia Investment Management
British Columbia, Canada
$67M -$1.88M -20,487 -3%
CCMH
162
Cornerstone Capital Management Holdings
New York
$65.7M +$14.4M +157,454 +31%
EPFB
163
Employees Provident Fund Board
Malaysia
$65.2M
Brown Advisory
164
Brown Advisory
Maryland
$63.2M -$7.69M -83,873 -12%
DekaBank Deutsche Girozentrale
165
DekaBank Deutsche Girozentrale
Germany
$62.3M +$700K +7,630 +1%
Macquarie Group
166
Macquarie Group
Australia
$61.4M +$10.3M +112,812 +22%
Teacher Retirement System of Texas
167
Teacher Retirement System of Texas
Texas
$60.6M -$5.96M -65,038 -10%
ASRS
168
Arizona State Retirement System
Arizona
$59.8M +$789K +8,600 +1%
HI
169
Honeywell International
North Carolina
$59.3M +$6.9M +75,200 +14%
Korea Investment Corp
170
Korea Investment Corp
South Korea
$57.5M -$5.23M -57,000 -9%
CWM
171
Cedar Wealth Management
California
$56.3M +$6.46M +70,477 +14%
SDIC
172
South Dakota Investment Council
South Dakota
$56.1M -$6.22M -67,890 -11%
Neuberger Berman Group
173
Neuberger Berman Group
New York
$55.7M -$1.79M -19,544 -3%
Zurich Cantonal Bank
174
Zurich Cantonal Bank
Switzerland
$55.6M -$99.2K -1,082 -0.2%
Loomis, Sayles & Company
175
Loomis, Sayles & Company
Massachusetts
$55.5M -$715K -7,797 -1%

PM Hedge Fund Activity: Q1 2016 in Review

1,514 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Philip Morris (PM) for Q1 2016, worth a combined $107B — up 11% from $96.4B a quarter earlier.

Buyers outnumbered sellers: 122 funds opened new PM positions and 51 closed out — a net gain of 71 holders — while 548 added to existing stakes and 615 trimmed.

The largest buyer was Royal London Asset Management, adding an estimated $3.37B. The largest seller was Grantham, Mayo, Van Otterloo & Co (GMO), cutting an estimated $475M.

  • 1,514 institutional investors held Philip Morris (PM) as of Q1 2016, up from 1,460 in Q4 2015.
  • Funds reported $107B of Philip Morris stock for Q1 2016, up 11% quarter-over-quarter.
  • 122 funds opened new Philip Morris positions in Q1 2016 and 51 closed out, a net change of +71 holders.
  • The largest Philip Morris buyer in Q1 2016 was Royal London Asset Management, an estimated $3.37B added.
  • The largest Philip Morris seller in Q1 2016 was Grantham, Mayo, Van Otterloo & Co (GMO), an estimated $475M sold.

Based on aggregated 13F filings for Q1 2016.