Philip Morris
2,032 hedge funds and large institutions have $118B invested in Philip Morris in 2023 Q2 according to their latest regulatory filings, with 106 funds opening new positions, 837 increasing their positions, 764 reducing their positions, and 102 closing their positions.
62% more call options, than puts
Call options by funds: $573M | Put options by funds: $353M
1.65% more ownership
Funds ownership: 77.85% → 79.5% (+1.6%)
10% more repeat investments, than reductions
Existing positions increased: 837 | Existing positions reduced: 764
4% more first-time investments, than exits
New positions opened: 106 | Existing positions closed: 102
1% more capital invested
Capital invested by funds: $118B → $118B (+$712M)
1% less funds holding
Funds holding: 2,044 → 2,032 (-12)
5% less funds holding in top 10
Funds holding in top 10: 60 → 57 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$2.51B |
| 2 |
Viking Global Investors
Stamford,
Connecticut
|
+$865M |
| 3 |
Capital World Investors
Los Angeles,
California
|
+$417M |
| 4 |
Boston Partners
Boston,
Massachusetts
|
+$315M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$311M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GQG Partners
Ft. Lauderdale,
Florida
|
-$1.66B |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$179M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$133M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$117M |
| 5 |
Goldman Sachs
New York
|
-$113M |
PM Hedge Fund Activity: Q2 2023 in Review
2,032 of the 6,370 institutional investors tracked by Wall St. Rank reported a position in Philip Morris (PM) for Q2 2023, worth a combined $118B — up 0.61% from $118B a quarter earlier.
Buyers outnumbered sellers: 106 funds opened new PM positions and 102 closed out — a net gain of 4 holders — while 837 added to existing stakes and 764 trimmed.
The largest buyer was Cornerstone Advisors, adding an estimated $2.51B. The largest seller was GQG Partners, cutting an estimated $1.66B.
- 2,032 institutional investors held Philip Morris (PM) as of Q2 2023, down from 2,044 in Q1 2023.
- Funds reported $118B of Philip Morris stock for Q2 2023, up 0.61% quarter-over-quarter.
- 106 funds opened new Philip Morris positions in Q2 2023 and 102 closed out, a net change of +4 holders.
- The largest Philip Morris buyer in Q2 2023 was Cornerstone Advisors, an estimated $2.51B added.
- The largest Philip Morris seller in Q2 2023 was GQG Partners, an estimated $1.66B sold.
Based on aggregated 13F filings for Q2 2023.