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Philip Morris

1,548 hedge funds and large institutions have $101B invested in Philip Morris in 2016 Q4 according to their latest regulatory filings, with 156 funds opening new positions, 586 increasing their positions, 566 reducing their positions, and 102 closing their positions.

New
Increased
Maintained
Reduced
Closed

53% more first-time investments, than exits

New positions opened: 156 | Existing positions closed: 102

2% more funds holding

Funds holding: 1,5181,548 (+30)

4% more repeat investments, than reductions

Existing positions increased: 586 | Existing positions reduced: 566

0.13% less ownership

Funds ownership: 71.41%71.27% (-0.13%)

5% less capital invested

Capital invested by funds: $107B → $101B (-$5.42B)

18% less funds holding in top 10

Funds holding in top 10: 8973 (-16)

30% less call options, than puts

Call options by funds: $702M | Put options by funds: $1.01B

Holders
1,548
Holders Change
+30
Holders Change %
+1.98%
% of All Funds
38.7%
Holding in Top 10
73
Holding in Top 10 Change
-16
Holding in Top 10 Change %
-17.98%
% of All Funds
1.82%
New
156
Increased
586
Reduced
566
Closed
102
Calls
$702M
Puts
$1.01B
Net Calls
-$306M
Net Calls Change
-$109M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$9.58B +$242M +2,611,827 +3%
Capital Research Global Investors
2
Capital Research Global Investors
California
$6.74B -$760M -8,202,079 -10%
Capital World Investors
3
Capital World Investors
California
$6.34B +$127M +1,374,970 +2%
State Street
4
State Street
Massachusetts
$5.39B +$83.4M +900,309 +2%
T. Rowe Price Associates
5
T. Rowe Price Associates
Maryland
$4.79B +$847M +9,144,118 +21%
BIT
6
BlackRock Institutional Trust
California
$3.61B +$10.5M +113,461 +0.3%
Massachusetts Financial Services
7
Massachusetts Financial Services
Massachusetts
$2.73B +$158M +1,708,040 +6%
BFA
8
BlackRock Fund Advisors
California
$2.49B +$74.1M +799,928 +3%
Wellington Management Group
9
Wellington Management Group
Massachusetts
$2.42B +$60.8M +656,058 +3%
Bank of America
10
Bank of America
North Carolina
$2.28B +$46M +496,846 +2%
Ameriprise
11
Ameriprise
Minnesota
$2.06B +$450M +4,853,387 +27%
Bank of New York Mellon
12
Bank of New York Mellon
New York
$1.69B -$102M -1,096,336 -6%
Barrow, Hanley, Mewhinney & Strauss
13
Barrow, Hanley, Mewhinney & Strauss
Texas
$1.69B -$31.4M -339,230 -2%
Northern Trust
14
Northern Trust
Illinois
$1.68B +$29.5M +318,076 +2%
Fidelity Investments
15
Fidelity Investments
Massachusetts
$1.5B +$246M +2,652,184 +19%
Fayez Sarofim & Co
16
Fayez Sarofim & Co
Texas
$1.49B -$34.6M -372,966 -2%
Morgan Stanley
17
Morgan Stanley
New York
$1.37B +$134M +1,444,810 +11%
Capital International Investors
18
Capital International Investors
California
$1.31B +$2.76M +29,788 +0.2%
Geode Capital Management
19
Geode Capital Management
Massachusetts
$1.27B +$53M +572,001 +4%
CRC
20
Cedar Rock Capital
United Kingdom
$1.09B +$5.38M +58,068 +0.5%
Invesco
21
Invesco
Georgia
$1.05B -$52.2M -562,942 -5%
BG
22
BlackRock Group
United Kingdom
$1.05B +$66.2M +714,661 +7%
GRQ
23
Gardner Russo & Quinn
Pennsylvania
$948M +$4.61M +49,798 +0.5%
Federated Hermes
24
Federated Hermes
Pennsylvania
$929M -$63.7M -687,866 -6%
Franklin Resources
25
Franklin Resources
California
$801M +$115M +1,240,300 +17%

PM Hedge Fund Activity: Q4 2016 in Review

1,548 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Philip Morris (PM) for Q4 2016, worth a combined $101B — down 5.1% from $107B a quarter earlier.

Buyers outnumbered sellers: 156 funds opened new PM positions and 102 closed out — a net gain of 54 holders — while 586 added to existing stakes and 566 trimmed.

The largest buyer was T. Rowe Price Associates, adding an estimated $847M. The largest seller was Capital Research Global Investors, cutting an estimated $760M.

  • 1,548 institutional investors held Philip Morris (PM) as of Q4 2016, up from 1,518 in Q3 2016.
  • Funds reported $101B of Philip Morris stock for Q4 2016, down 5.1% quarter-over-quarter.
  • 156 funds opened new Philip Morris positions in Q4 2016 and 102 closed out, a net change of +54 holders.
  • The largest Philip Morris buyer in Q4 2016 was T. Rowe Price Associates, an estimated $847M added.
  • The largest Philip Morris seller in Q4 2016 was Capital Research Global Investors, an estimated $760M sold.

Based on aggregated 13F filings for Q4 2016.