Philip Morris
1,615 hedge funds and large institutions have $127B invested in Philip Morris in 2017 Q1 according to their latest regulatory filings, with 136 funds opening new positions, 537 increasing their positions, 714 reducing their positions, and 53 closing their positions.
157% more first-time investments, than exits
New positions opened: 136 | Existing positions closed: 53
47% more funds holding in top 10
Funds holding in top 10: 73 → 107 (+34)
25% more capital invested
Capital invested by funds: $101B → $127B (+$25.5B)
4% more funds holding
Funds holding: 1,548 → 1,615 (+67)
0.95% more ownership
Funds ownership: 71.27% → 72.22% (+0.95%)
25% less repeat investments, than reductions
Existing positions increased: 537 | Existing positions reduced: 714
30% less call options, than puts
Call options by funds: $575M | Put options by funds: $819M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$9B |
| 2 |
JP Morgan Chase
New York
|
+$632M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$492M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$440M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$396M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$415M |
| 2 |
Capital World Investors
Los Angeles,
California
|
-$297M |
| 3 |
IFP
Independent Franchise Partners
London,
United Kingdom
|
-$242M |
| 4 |
VAM
Vontobel Asset Management
New York
|
-$186M |
| 5 |
Capital International Investors
Los Angeles,
California
|
-$177M |
PM Hedge Fund Activity: Q1 2017 in Review
1,615 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Philip Morris (PM) for Q1 2017, worth a combined $127B — up 25% from $101B a quarter earlier.
Buyers outnumbered sellers: 136 funds opened new PM positions and 53 closed out — a net gain of 83 holders — while 537 added to existing stakes and 714 trimmed.
The largest buyer was BlackRock, adding an estimated $9B. The largest seller was Capital Research Global Investors, cutting an estimated $415M.
- 1,615 institutional investors held Philip Morris (PM) as of Q1 2017, up from 1,548 in Q4 2016.
- Funds reported $127B of Philip Morris stock for Q1 2017, up 25% quarter-over-quarter.
- 136 funds opened new Philip Morris positions in Q1 2017 and 53 closed out, a net change of +83 holders.
- The largest Philip Morris buyer in Q1 2017 was BlackRock, an estimated $9B added.
- The largest Philip Morris seller in Q1 2017 was Capital Research Global Investors, an estimated $415M sold.
Based on aggregated 13F filings for Q1 2017.