Philip Morris
2,216 hedge funds and large institutions have $125B invested in Philip Morris in 2024 Q2 according to their latest regulatory filings, with 199 funds opening new positions, 836 increasing their positions, 857 reducing their positions, and 100 closing their positions.
99% more first-time investments, than exits
New positions opened: 199 | Existing positions closed: 100
48% more call options, than puts
Call options by funds: $734M | Put options by funds: $495M
33% more funds holding in top 10
Funds holding in top 10: 45 → 60 (+15)
12% more capital invested
Capital invested by funds: $112B → $125B (+$13.6B)
3% more funds holding
Funds holding: 2,152 → 2,216 (+64)
1.03% more ownership
Funds ownership: 78.37% → 79.41% (+1%)
2% less repeat investments, than reductions
Existing positions increased: 836 | Existing positions reduced: 857
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GQG Partners
Ft. Lauderdale,
Florida
|
+$2.96B |
| 2 |
Capital World Investors
Los Angeles,
California
|
+$423M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$254M |
| 4 |
Goldman Sachs
New York
|
+$250M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$230M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
-$608M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$402M |
| 3 |
Morgan Stanley
New York
|
-$370M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$349M |
| 5 |
State Street
Boston,
Massachusetts
|
-$339M |
PM Hedge Fund Activity: Q2 2024 in Review
2,216 of the 6,925 institutional investors tracked by Wall St. Rank reported a position in Philip Morris (PM) for Q2 2024, worth a combined $125B — up 12% from $112B a quarter earlier.
Buyers outnumbered sellers: 199 funds opened new PM positions and 100 closed out — a net gain of 99 holders — while 836 added to existing stakes and 857 trimmed.
The largest buyer was GQG Partners, adding an estimated $2.96B. The largest seller was Capital International Investors, cutting an estimated $608M.
- 2,216 institutional investors held Philip Morris (PM) as of Q2 2024, up from 2,152 in Q1 2024.
- Funds reported $125B of Philip Morris stock for Q2 2024, up 12% quarter-over-quarter.
- 199 funds opened new Philip Morris positions in Q2 2024 and 100 closed out, a net change of +99 holders.
- The largest Philip Morris buyer in Q2 2024 was GQG Partners, an estimated $2.96B added.
- The largest Philip Morris seller in Q2 2024 was Capital International Investors, an estimated $608M sold.
Based on aggregated 13F filings for Q2 2024.