Philip Morris
1,661 hedge funds and large institutions have $86.6B invested in Philip Morris in 2019 Q3 according to their latest regulatory filings, with 97 funds opening new positions, 651 increasing their positions, 672 reducing their positions, and 96 closing their positions.
14% more funds holding in top 10
Funds holding in top 10: 37 → 42 (+5)
1% more first-time investments, than exits
New positions opened: 97 | Existing positions closed: 96
1% less funds holding
Funds holding: 1,673 → 1,661 (-12)
3% less repeat investments, than reductions
Existing positions increased: 651 | Existing positions reduced: 672
5% less capital invested
Capital invested by funds: $90.8B → $86.6B (-$4.24B)
1.23% less ownership
Funds ownership: 74.45% → 73.21% (-1.2%)
13% less call options, than puts
Call options by funds: $756M | Put options by funds: $869M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GQG Partners
Ft. Lauderdale,
Florida
|
+$459M |
| 2 |
Capital World Investors
Los Angeles,
California
|
+$212M |
| 3 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$191M |
| 4 |
Capital International Investors
Los Angeles,
California
|
+$157M |
| 5 |
Flossbach Von Storch
Cologne,
Germany
|
+$133M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$875M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$339M |
| 3 |
BlackRock
New York
|
-$296M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$282M |
| 5 |
Renaissance Technologies
New York
|
-$256M |
PM Hedge Fund Activity: Q3 2019 in Review
1,661 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Philip Morris (PM) for Q3 2019, worth a combined $86.6B — down 4.7% from $90.8B a quarter earlier.
Buyers outnumbered sellers: 97 funds opened new PM positions and 96 closed out — a net gain of 1 holder — while 651 added to existing stakes and 672 trimmed.
The largest buyer was GQG Partners, opening a new position worth an estimated $459M. The largest seller was Barrow, Hanley, Mewhinney & Strauss, cutting an estimated $875M.
- 1,661 institutional investors held Philip Morris (PM) as of Q3 2019, down from 1,673 in Q2 2019.
- Funds reported $86.6B of Philip Morris stock for Q3 2019, down 4.7% quarter-over-quarter.
- 97 funds opened new Philip Morris positions in Q3 2019 and 96 closed out, a net change of +1 holder.
- The largest Philip Morris buyer in Q3 2019 was GQG Partners, an estimated $459M added.
- The largest Philip Morris seller in Q3 2019 was Barrow, Hanley, Mewhinney & Strauss, an estimated $875M sold.
Based on aggregated 13F filings for Q3 2019.