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Philip Morris

1,514 hedge funds and large institutions have $107B invested in Philip Morris in 2016 Q1 according to their latest regulatory filings, with 122 funds opening new positions, 548 increasing their positions, 615 reducing their positions, and 51 closing their positions.

New
Increased
Maintained
Reduced
Closed

139% more first-time investments, than exits

New positions opened: 122 | Existing positions closed: 51

24% more call options, than puts

Call options by funds: $550M | Put options by funds: $445M

14% more funds holding in top 10

Funds holding in top 10: 94107 (+13)

11% more capital invested

Capital invested by funds: $96.4B → $107B (+$10.7B)

4% more funds holding

Funds holding: 1,4601,514 (+54)

2.54% more ownership

Funds ownership: 71.06%73.61% (+2.5%)

11% less repeat investments, than reductions

Existing positions increased: 548 | Existing positions reduced: 615

Holders
1,514
Holders Change
+54
Holders Change %
+3.7%
% of All Funds
40.34%
Holding in Top 10
107
Holding in Top 10 Change
+13
Holding in Top 10 Change %
+13.83%
% of All Funds
2.85%
New
122
Increased
548
Reduced
615
Closed
51
Calls
$550M
Puts
$445M
Net Calls
+$106M
Net Calls Change
+$96.1M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$9.5B +$240M +2,613,146 +3%
Capital World Investors
2
Capital World Investors
California
$8.51B +$94.6M +1,032,023 +1%
Capital Research Global Investors
3
Capital Research Global Investors
California
$8.19B +$75.3M +821,405 +1%
State Street
4
State Street
Massachusetts
$5.67B +$167M +1,821,500 +3%
BIT
5
BlackRock Institutional Trust
California
$3.81B +$47.3M +515,624 +1%
T. Rowe Price Associates
6
T. Rowe Price Associates
Maryland
$3.8B +$1.3B +14,147,729 +57%
Massachusetts Financial Services
7
Massachusetts Financial Services
Massachusetts
$2.69B -$108M -1,181,813 -4%
BFA
8
BlackRock Fund Advisors
California
$2.35B -$83.3M -907,977 -4%
Bank of New York Mellon
9
Bank of New York Mellon
New York
$2.22B -$178M -1,944,463 -8%
Barrow, Hanley, Mewhinney & Strauss
10
Barrow, Hanley, Mewhinney & Strauss
Texas
$2.05B -$142M -1,553,511 -7%
Bank of America
11
Bank of America
North Carolina
$1.91B +$65.4M +712,792 +4%
Ameriprise
12
Ameriprise
Minnesota
$1.88B -$82.8M -903,438 -5%
Northern Trust
13
Northern Trust
Illinois
$1.73B +$33.8M +368,943 +2%
Fidelity Investments
14
Fidelity Investments
Massachusetts
$1.72B +$55.7M +607,727 +4%
Fayez Sarofim & Co
15
Fayez Sarofim & Co
Texas
$1.64B -$16.2M -176,183 -1%
Wellington Management Group
16
Wellington Management Group
Massachusetts
$1.48B -$12.3M -134,197 -0.9%
Capital International Investors
17
Capital International Investors
California
$1.41B +$53.6M +584,275 +4%
Morgan Stanley
18
Morgan Stanley
New York
$1.24B -$41M -446,999 -3%
CRC
19
Cedar Rock Capital
United Kingdom
$1.17B -$31M -338,032 -3%
Invesco
20
Invesco
Georgia
$1.11B -$139M -1,512,657 -12%
BG
21
BlackRock Group
United Kingdom
$1.05B -$51.7M -564,310 -5%
GRQ
22
Gardner Russo & Quinn
Pennsylvania
$1.03B -$4.96M -54,098 -0.5%
Deutsche Bank
23
Deutsche Bank
Germany
$996M -$7.68M -83,768 -0.8%
JP Morgan Chase
24
JP Morgan Chase
New York
$963M -$129M -1,407,369 -13%
VAM
25
Vontobel Asset Management
New York
$946M -$78.2M -853,340 -8%

PM Hedge Fund Activity: Q1 2016 in Review

1,514 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Philip Morris (PM) for Q1 2016, worth a combined $107B — up 11% from $96.4B a quarter earlier.

Buyers outnumbered sellers: 122 funds opened new PM positions and 51 closed out — a net gain of 71 holders — while 548 added to existing stakes and 615 trimmed.

The largest buyer was Royal London Asset Management, adding an estimated $3.37B. The largest seller was Grantham, Mayo, Van Otterloo & Co (GMO), cutting an estimated $475M.

  • 1,514 institutional investors held Philip Morris (PM) as of Q1 2016, up from 1,460 in Q4 2015.
  • Funds reported $107B of Philip Morris stock for Q1 2016, up 11% quarter-over-quarter.
  • 122 funds opened new Philip Morris positions in Q1 2016 and 51 closed out, a net change of +71 holders.
  • The largest Philip Morris buyer in Q1 2016 was Royal London Asset Management, an estimated $3.37B added.
  • The largest Philip Morris seller in Q1 2016 was Grantham, Mayo, Van Otterloo & Co (GMO), an estimated $475M sold.

Based on aggregated 13F filings for Q1 2016.