Philip Morris
1,536 hedge funds and large institutions have $113B invested in Philip Morris in 2016 Q2 according to their latest regulatory filings, with 82 funds opening new positions, 549 increasing their positions, 641 reducing their positions, and 47 closing their positions.
74% more first-time investments, than exits
New positions opened: 82 | Existing positions closed: 47
6% more funds holding in top 10
Funds holding in top 10: 107 → 113 (+6)
1% more funds holding
Funds holding: 1,515 → 1,536 (+21)
4% more capital invested
Capital invested by funds: $108B → $113B (+$4.3B)
0.21% more ownership
Funds ownership: 71.24% → 71.44% (+0.21%)
14% less repeat investments, than reductions
Existing positions increased: 549 | Existing positions reduced: 641
19% less call options, than puts
Call options by funds: $537M | Put options by funds: $667M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Maverick Capital
Dallas,
Texas
|
+$584M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$402M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$399M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$249M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$191M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$606M |
| 2 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
-$200M |
| 3 |
Bank of New York Mellon
New York
|
-$183M |
| 4 |
VAM
Vontobel Asset Management
New York
|
-$177M |
| 5 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$144M |
PM Hedge Fund Activity: Q2 2016 in Review
1,536 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Philip Morris (PM) for Q2 2016, worth a combined $113B — up 4% from $108B a quarter earlier.
Buyers outnumbered sellers: 82 funds opened new PM positions and 47 closed out — a net gain of 35 holders — while 549 added to existing stakes and 641 trimmed.
The largest buyer was Maverick Capital, opening a new position worth an estimated $584M. The largest seller was Capital World Investors, cutting an estimated $606M.
- 1,536 institutional investors held Philip Morris (PM) as of Q2 2016, up from 1,515 in Q1 2016.
- Funds reported $113B of Philip Morris stock for Q2 2016, up 4% quarter-over-quarter.
- 82 funds opened new Philip Morris positions in Q2 2016 and 47 closed out, a net change of +35 holders.
- The largest Philip Morris buyer in Q2 2016 was Maverick Capital, an estimated $584M added.
- The largest Philip Morris seller in Q2 2016 was Capital World Investors, an estimated $606M sold.
Based on aggregated 13F filings for Q2 2016.