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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
Capital Research Global Investors
1
Capital Research Global Investors
California
$7.7B -$5.7M -67,400 -0.1%
Vanguard Group
2
Vanguard Group
Pennsylvania
$6.97B +$255M +3,019,132 +4%
State Street
3
State Street
Massachusetts
$4.89B +$38.9M +459,525 +0.8%
Capital World Investors
4
Capital World Investors
California
$4.84B -$2.96M -35,000 -0.1%
BIT
5
BlackRock Institutional Trust
California
$3.33B -$11.4M -135,382 -0.3%
Massachusetts Financial Services
6
Massachusetts Financial Services
Massachusetts
$2.65B -$41.3M -488,636 -2%
Bank of New York Mellon
7
Bank of New York Mellon
New York
$2.38B -$183M -2,169,218 -7%
Grantham, Mayo, Van Otterloo & Co (GMO)
8
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$1.98B +$325M +3,847,600 +19%
Barrow, Hanley, Mewhinney & Strauss
9
Barrow, Hanley, Mewhinney & Strauss
Texas
$1.93B +$28.8M +340,560 +1%
BFA
10
BlackRock Fund Advisors
California
$1.79B +$56.6M +669,766 +3%
Fidelity Investments
11
Fidelity Investments
Massachusetts
$1.72B +$11.4M +134,722 +0.7%
Wellington Management Group
12
Wellington Management Group
Massachusetts
$1.65B -$40.7M -480,787 -2%
Northern Trust
13
Northern Trust
Illinois
$1.63B -$56.8M -671,608 -3%
Fayez Sarofim & Co
14
Fayez Sarofim & Co
Texas
$1.57B -$15.2M -179,804 -0.9%
T. Rowe Price Associates
15
T. Rowe Price Associates
Maryland
$1.55B -$39.8M -470,173 -2%
Morgan Stanley
16
Morgan Stanley
New York
$1.51B +$4.54M +53,665 +0.3%
JP Morgan Chase
17
JP Morgan Chase
New York
$1.28B +$77M +910,965 +6%
AAM
18
Aberdeen Asset Management
United Kingdom
$1.2B +$17.6M +208,002 +1%
Ameriprise
19
Ameriprise
Minnesota
$1.16B -$106M -1,250,259 -8%
Bank of America
20
Bank of America
North Carolina
$1.03B -$51.7M -611,817 -5%
Geode Capital Management
21
Geode Capital Management
Massachusetts
$961M -$16.9M -200,295 -2%
BG
22
BlackRock Group
United Kingdom
$869M +$6.14M +72,572 +0.7%
GRQ
23
Gardner Russo & Quinn
Pennsylvania
$855M +$2.39M +28,298 +0.3%
VAM
24
Vontobel Asset Management
New York
$815M +$41M +484,483 +5%
ACM
25
Americafirst Capital Management
California
$750M +$760K +8,989 New

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.