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Philip Morris

1,364 hedge funds and large institutions have $91B invested in Philip Morris in 2014 Q3 according to their latest regulatory filings, with 54 funds opening new positions, 524 increasing their positions, 575 reducing their positions, and 65 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.33% more ownership

Funds ownership: 68.83%69.16% (+0.33%)

1% less capital invested

Capital invested by funds: $91.7B → $91B (-$775M)

9% less call options, than puts

Call options by funds: $573M | Put options by funds: $626M

9% less repeat investments, than reductions

Existing positions increased: 524 | Existing positions reduced: 575

2% less funds holding

Funds holding: 1,3851,364 (-21)

10% less funds holding in top 10

Funds holding in top 10: 6861 (-7)

17% less first-time investments, than exits

New positions opened: 54 | Existing positions closed: 65

Holders
1,364
Holders Change
-21
Holders Change %
-1.52%
% of All Funds
39.56%
Holding in Top 10
61
Holding in Top 10 Change
-7
Holding in Top 10 Change %
-10.29%
% of All Funds
1.77%
New
54
Increased
524
Reduced
575
Closed
65
Calls
$573M
Puts
$626M
Net Calls
-$53.4M
Net Calls Change
-$147M
Name Holding Trade Value Shares
Change
Change in
Stake
HCM
176
Huber Capital Management
California
$53.9M -$6.99M -82,600 -11%
ASRS
177
Arizona State Retirement System
Arizona
$53.6M -$1.02M -12,100 -2%
NIMC
178
NWQ Investment Management Company
California
$53.1M -$6.39M -75,532 -10%
HI
179
Honeywell International
North Carolina
$51.7M +$36.4M +430,000 +226%
SJIC
180
St. James Investment Company
Texas
$51.5M +$144K +1,703 +0.3%
TPSF
181
Texas Permanent School Fund
Texas
$50.6M -$4.15M -49,021 -7%
Nisa Investment Advisors
182
Nisa Investment Advisors
Missouri
$49.5M -$503K -5,950 -1%
Public Sector Pension Investment Board (PSP Investments)
183
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$48M -$1.4M -16,500 -3%
ARC
184
Absolute Return Capital
Massachusetts
$47.8M +$8.73M +103,249 +22%
SDIC
185
South Dakota Investment Council
South Dakota
$47.4M +$48.1M +568,650 New
MIS
186
Morningstar Investment Services
Illinois
$47M +$3.14M +37,069 +7%
Truist Financial
187
Truist Financial
North Carolina
$46.9M +$12.2M +144,772 +35%
Calamos Advisors
188
Calamos Advisors
Illinois
$46.2M -$713K -8,431 -1%
Comerica Bank
189
Comerica Bank
Texas
$45.7M -$1.87M -22,126 -4%
TSU
190
TD Securities (USA)
New York
$45.6M -$290K -3,430 -0.6%
Susquehanna International Group
191
Susquehanna International Group
Pennsylvania
$45.2M +$2.13M +25,165 +5%
CCMH
192
Cornerstone Capital Management Holdings
New York
$45.2M -$5.98M -70,685 -12%
CM
193
CS McKee
Pennsylvania
$44.5M -$3.05M -36,085 -6%
SCM
194
Sterling Capital Management
North Carolina
$44.3M -$62.4M -737,376 -58%
MSA
195
Mason Street Advisors
Wisconsin
$44.2M -$17.8M -210,649 -28%
Korea Investment Corp
196
Korea Investment Corp
South Korea
$43.8M -$8.39M -99,200 -16%
DC
197
Davenport & Co
Virginia
$42.5M -$143K -1,685 -0.3%
FIM
198
Foresters Investment Management
New York
$42.4M +$423K +5,000 +1%
SAM
199
Sentinel Asset Management
Vermont
$42M +$6.94M +82,000 +19%
EVM
200
Eaton Vance Management
Massachusetts
$41.8M +$7.04M +83,217 +20%

PM Hedge Fund Activity: Q3 2014 in Review

1,364 of the 3,448 institutional investors tracked by Wall St. Rank reported a position in Philip Morris (PM) for Q3 2014, worth a combined $91B — down 0.84% from $91.7B a quarter earlier.

Sellers outnumbered buyers: 65 funds closed out of PM and 54 opened new positions — a net loss of 11 holders — while 575 trimmed existing stakes and 524 added.

The largest buyer was Grantham, Mayo, Van Otterloo & Co (GMO), adding an estimated $325M. The largest seller was Bank of New York Mellon, cutting an estimated $183M.

  • 1,364 institutional investors held Philip Morris (PM) as of Q3 2014, down from 1,385 in Q2 2014.
  • Funds reported $91B of Philip Morris stock for Q3 2014, down 0.84% quarter-over-quarter.
  • 54 funds opened new Philip Morris positions in Q3 2014 and 65 closed out, a net change of -11 holders.
  • The largest Philip Morris buyer in Q3 2014 was Grantham, Mayo, Van Otterloo & Co (GMO), an estimated $325M added.
  • The largest Philip Morris seller in Q3 2014 was Bank of New York Mellon, an estimated $183M sold.

Based on aggregated 13F filings for Q3 2014.