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Philip Morris

1,400 hedge funds and large institutions have $87.4B invested in Philip Morris in 2015 Q3 according to their latest regulatory filings, with 65 funds opening new positions, 527 increasing their positions, 542 reducing their positions, and 62 closing their positions.

New
Increased
Maintained
Reduced
Closed

55% more call options, than puts

Call options by funds: $635M | Put options by funds: $409M

11% more funds holding in top 10

Funds holding in top 10: 7280 (+8)

5% more first-time investments, than exits

New positions opened: 65 | Existing positions closed: 62

1% more capital invested

Capital invested by funds: $86.2B → $87.4B (+$1.24B)

0.91% more ownership

Funds ownership: 69.69%70.6% (+0.91%)

1% less funds holding

Funds holding: 1,4091,400 (-9)

3% less repeat investments, than reductions

Existing positions increased: 527 | Existing positions reduced: 542

Holders
1,400
Holders Change
-9
Holders Change %
-0.64%
% of All Funds
39.08%
Holding in Top 10
80
Holding in Top 10 Change
+8
Holding in Top 10 Change %
+11.11%
% of All Funds
2.23%
New
65
Increased
527
Reduced
542
Closed
62
Calls
$635M
Puts
$409M
Net Calls
+$226M
Net Calls Change
+$134M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$7.23B +$99.7M +1,211,232 +1%
Capital World Investors
2
Capital World Investors
California
$6.8B +$2.51M +30,510 +0%
Capital Research Global Investors
3
Capital Research Global Investors
California
$6.13B -$66.9M -812,300 -1%
State Street
4
State Street
Massachusetts
$4.39B +$52.8M +641,172 +1%
BIT
5
BlackRock Institutional Trust
California
$3.04B -$12.5M -151,601 -0.4%
Massachusetts Financial Services
6
Massachusetts Financial Services
Massachusetts
$2.28B +$6.06M +73,617 +0.3%
Bank of New York Mellon
7
Bank of New York Mellon
New York
$2.04B -$17.5M -212,713 -0.8%
BFA
8
BlackRock Fund Advisors
California
$1.82B -$17.8M -216,836 -0.9%
Barrow, Hanley, Mewhinney & Strauss
9
Barrow, Hanley, Mewhinney & Strauss
Texas
$1.79B -$43M -522,321 -2%
T. Rowe Price Associates
10
T. Rowe Price Associates
Maryland
$1.72B +$399M +4,853,107 +29%
Ameriprise
11
Ameriprise
Minnesota
$1.58B +$77.7M +944,668 +5%
Northern Trust
12
Northern Trust
Illinois
$1.5B -$28.5M -346,707 -2%
Fidelity Investments
13
Fidelity Investments
Massachusetts
$1.5B -$18.4M -224,046 -1%
Bank of America
14
Bank of America
North Carolina
$1.5B +$608M +7,389,260 +64%
Fayez Sarofim & Co
15
Fayez Sarofim & Co
Texas
$1.36B -$48.5M -589,083 -3%
Wellington Management Group
16
Wellington Management Group
Massachusetts
$1.18B +$76M +923,760 +7%
Grantham, Mayo, Van Otterloo & Co (GMO)
17
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$1.14B +$80.8M +981,924 +7%
Morgan Stanley
18
Morgan Stanley
New York
$1.13B -$31.7M -384,606 -3%
LTI
19
Laffer Tengler Investments
Tennessee
$1.1B -$1.64M -19,885 Closed
Capital International Investors
20
Capital International Investors
California
$1.05B +$176M +2,139,965 +19%
CRC
21
Cedar Rock Capital
United Kingdom
$987M -$880K -10,692 -0.1%
Geode Capital Management
22
Geode Capital Management
Massachusetts
$975M +$5.72M +69,457 +0.6%
BG
23
BlackRock Group
United Kingdom
$917M -$2M -24,259 -0.2%
WRF
24
Waddell & Reed Financial
Kansas
$892M +$13.4M +163,419 +1%
JP Morgan Chase
25
JP Morgan Chase
New York
$848M +$15.6M +189,528 +2%

PM Hedge Fund Activity: Q3 2015 in Review

1,400 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Philip Morris (PM) for Q3 2015, worth a combined $87.4B — up 1.4% from $86.2B a quarter earlier.

Buyers outnumbered sellers: 65 funds opened new PM positions and 62 closed out — a net gain of 3 holders — while 527 added to existing stakes and 542 trimmed.

The largest buyer was Bank of America, adding an estimated $608M. The largest seller was Citigroup, cutting an estimated $120M.

  • 1,400 institutional investors held Philip Morris (PM) as of Q3 2015, down from 1,409 in Q2 2015.
  • Funds reported $87.4B of Philip Morris stock for Q3 2015, up 1.4% quarter-over-quarter.
  • 65 funds opened new Philip Morris positions in Q3 2015 and 62 closed out, a net change of +3 holders.
  • The largest Philip Morris buyer in Q3 2015 was Bank of America, an estimated $608M added.
  • The largest Philip Morris seller in Q3 2015 was Citigroup, an estimated $120M sold.

Based on aggregated 13F filings for Q3 2015.