Philip Morris
2,842 hedge funds and large institutions have $230B invested in Philip Morris in 2025 Q2 according to their latest regulatory filings, with 279 funds opening new positions, 1,123 increasing their positions, 1,027 reducing their positions, and 117 closing their positions.
138% more first-time investments, than exits
New positions opened: 279 | Existing positions closed: 117
23% more call options, than puts
Call options by funds: $1.98B | Put options by funds: $1.61B
15% more capital invested
Capital invested by funds: $200B → $230B (+$30B)
5% more funds holding
Funds holding: 2,708 → 2,842 (+134)
9% more repeat investments, than reductions
Existing positions increased: 1,123 | Existing positions reduced: 1,027
0.14% more ownership
Funds ownership: 80.93% → 81.07% (+0.14%)
13% less funds holding in top 10
Funds holding in top 10: 117 → 102 (-15)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCM Investment Management
Laguna Beach,
California
|
+$1.93B |
| 2 |
JP Morgan Chase
New York
|
+$1.56B |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$670M |
| 4 |
GQG Partners
Ft. Lauderdale,
Florida
|
+$546M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$384M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$731M |
| 2 |
Capital International Investors
Los Angeles,
California
|
-$727M |
| 3 |
Franklin Resources
San Mateo,
California
|
-$577M |
| 4 |
Capital World Investors
Los Angeles,
California
|
-$522M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
-$400M |
PM Hedge Fund Activity: Q2 2025 in Review
2,842 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Philip Morris (PM) for Q2 2025, worth a combined $230B — up 15% from $200B a quarter earlier.
Buyers outnumbered sellers: 279 funds opened new PM positions and 117 closed out — a net gain of 162 holders — while 1,123 added to existing stakes and 1,027 trimmed.
The largest buyer was WCM Investment Management, adding an estimated $1.93B. The largest seller was Capital Research Global Investors, cutting an estimated $731M.
- 2,842 institutional investors held Philip Morris (PM) as of Q2 2025, up from 2,708 in Q1 2025.
- Funds reported $230B of Philip Morris stock for Q2 2025, up 15% quarter-over-quarter.
- 279 funds opened new Philip Morris positions in Q2 2025 and 117 closed out, a net change of +162 holders.
- The largest Philip Morris buyer in Q2 2025 was WCM Investment Management, an estimated $1.93B added.
- The largest Philip Morris seller in Q2 2025 was Capital Research Global Investors, an estimated $731M sold.
Based on aggregated 13F filings for Q2 2025.