Philip Morris
1,635 hedge funds and large institutions have $125B invested in Philip Morris in 2017 Q3 according to their latest regulatory filings, with 82 funds opening new positions, 608 increasing their positions, 657 reducing their positions, and 71 closing their positions.
15% more first-time investments, than exits
New positions opened: 82 | Existing positions closed: 71
0.46% more ownership
Funds ownership: 72.08% → 72.54% (+0.46%)
0% less funds holding
Funds holding: 1,643 → 1,635 (-8)
5% less capital invested
Capital invested by funds: $131B → $125B (-$6.38B)
7% less repeat investments, than reductions
Existing positions increased: 608 | Existing positions reduced: 657
25% less funds holding in top 10
Funds holding in top 10: 105 → 79 (-26)
31% less call options, than puts
Call options by funds: $661M | Put options by funds: $959M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$518M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$475M |
| 3 |
Flossbach Von Storch
Cologne,
Germany
|
+$343M |
| 4 |
TAM
Troy Asset Management
London,
United Kingdom
|
+$255M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$228M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$1.01B |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
-$718M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$247M |
| 4 |
Morgan Stanley
New York
|
-$215M |
| 5 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$169M |
PM Hedge Fund Activity: Q3 2017 in Review
1,635 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in Philip Morris (PM) for Q3 2017, worth a combined $125B — down 4.9% from $131B a quarter earlier.
Buyers outnumbered sellers: 82 funds opened new PM positions and 71 closed out — a net gain of 11 holders — while 608 added to existing stakes and 657 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $518M. The largest seller was T. Rowe Price Associates, cutting an estimated $1.01B.
- 1,635 institutional investors held Philip Morris (PM) as of Q3 2017, down from 1,643 in Q2 2017.
- Funds reported $125B of Philip Morris stock for Q3 2017, down 4.9% quarter-over-quarter.
- 82 funds opened new Philip Morris positions in Q3 2017 and 71 closed out, a net change of +11 holders.
- The largest Philip Morris buyer in Q3 2017 was JP Morgan Chase, an estimated $518M added.
- The largest Philip Morris seller in Q3 2017 was T. Rowe Price Associates, an estimated $1.01B sold.
Based on aggregated 13F filings for Q3 2017.