Philip Morris
1,309 hedge funds and large institutions have $96.7B invested in Philip Morris in 2013 Q3 according to their latest regulatory filings, with 77 funds opening new positions, 480 increasing their positions, 551 reducing their positions, and 62 closing their positions.
24% more first-time investments, than exits
New positions opened: 77 | Existing positions closed: 62
0% more funds holding
Funds holding: 1,308 → 1,309 (+1)
0.79% less ownership
Funds ownership: 69.77% → 68.99% (-0.79%)
2% less capital invested
Capital invested by funds: $98.9B → $96.7B (-$2.17B)
8% less funds holding in top 10
Funds holding in top 10: 111 → 102 (-9)
11% less call options, than puts
Call options by funds: $710M | Put options by funds: $797M
13% less repeat investments, than reductions
Existing positions increased: 480 | Existing positions reduced: 551
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$550M |
| 2 |
O
OppenheimerFunds
New York
|
+$379M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$245M |
| 4 |
HSBC Holdings
London,
United Kingdom
|
+$182M |
| 5 |
AAM
Aberdeen Asset Management
Aberdeen,
United Kingdom
|
+$166M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$1.79B |
| 2 |
Fisher Asset Management
Camas,
Washington
|
-$507M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$284M |
| 4 |
State Street
Boston,
Massachusetts
|
-$272M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$217M |
PM Hedge Fund Activity: Q3 2013 in Review
1,309 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Philip Morris (PM) for Q3 2013, worth a combined $96.7B — down 2.2% from $98.9B a quarter earlier.
Buyers outnumbered sellers: 77 funds opened new PM positions and 62 closed out — a net gain of 15 holders — while 480 added to existing stakes and 551 trimmed.
The largest buyer was Capital World Investors, adding an estimated $550M. The largest seller was PNC Financial Services Group, cutting an estimated $1.79B.
- 1,309 institutional investors held Philip Morris (PM) as of Q3 2013, up from 1,308 in Q2 2013.
- Funds reported $96.7B of Philip Morris stock for Q3 2013, down 2.2% quarter-over-quarter.
- 77 funds opened new Philip Morris positions in Q3 2013 and 62 closed out, a net change of +15 holders.
- The largest Philip Morris buyer in Q3 2013 was Capital World Investors, an estimated $550M added.
- The largest Philip Morris seller in Q3 2013 was PNC Financial Services Group, an estimated $1.79B sold.
Based on aggregated 13F filings for Q3 2013.