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Philip Morris

1,643 hedge funds and large institutions have $131B invested in Philip Morris in 2017 Q2 according to their latest regulatory filings, with 98 funds opening new positions, 531 increasing their positions, 734 reducing their positions, and 56 closing their positions.

New
Increased
Maintained
Reduced
Closed

75% more first-time investments, than exits

New positions opened: 98 | Existing positions closed: 56

2% more funds holding

Funds holding: 1,6161,643 (+27)

4% more capital invested

Capital invested by funds: $127B → $131B (+$4.86B)

0.14% less ownership

Funds ownership: 72.22%72.08% (-0.14%)

2% less funds holding in top 10

Funds holding in top 10: 107105 (-2)

26% less call options, than puts

Call options by funds: $656M | Put options by funds: $884M

28% less repeat investments, than reductions

Existing positions increased: 531 | Existing positions reduced: 734

Holders
1,643
Holders Change
+27
Holders Change %
+1.67%
% of All Funds
40.95%
Holding in Top 10
105
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-1.87%
% of All Funds
2.62%
New
98
Increased
531
Reduced
734
Closed
56
Calls
$656M
Puts
$884M
Net Calls
-$228M
Net Calls Change
+$16.1M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$13.1B +$344M +2,972,929 +3%
BlackRock
2
BlackRock
New York
$10.8B +$280M +2,421,533 +3%
Capital World Investors
3
Capital World Investors
California
$7.45B -$346M -2,983,366 -4%
State Street
4
State Street
Massachusetts
$6.95B -$82.8M -715,119 -1%
T. Rowe Price Associates
5
T. Rowe Price Associates
Maryland
$6.9B +$243M +2,097,510 +4%
Capital Research Global Investors
6
Capital Research Global Investors
California
$6.8B -$1.36B -11,723,799 -17%
Massachusetts Financial Services
7
Massachusetts Financial Services
Massachusetts
$3.68B -$46.7M -403,239 -1%
Wellington Management Group
8
Wellington Management Group
Massachusetts
$3.13B -$23M -198,316 -0.7%
Bank of America
9
Bank of America
North Carolina
$3.09B -$272M -2,346,485 -8%
Ameriprise
10
Ameriprise
Minnesota
$2.56B -$29.9M -258,058 -1%
Fidelity Investments
11
Fidelity Investments
Massachusetts
$2.46B +$270M +2,330,864 +13%
Morgan Stanley
12
Morgan Stanley
New York
$2.32B +$250M +2,162,754 +12%
Northern Trust
13
Northern Trust
Illinois
$2.11B -$38.7M -334,057 -2%
Bank of New York Mellon
14
Bank of New York Mellon
New York
$2.07B -$76.1M -657,069 -4%
Barrow, Hanley, Mewhinney & Strauss
15
Barrow, Hanley, Mewhinney & Strauss
Texas
$2.04B -$32.1M -277,394 -2%
Fayez Sarofim & Co
16
Fayez Sarofim & Co
Texas
$1.85B -$20.4M -175,728 -1%
Geode Capital Management
17
Geode Capital Management
Massachusetts
$1.78B +$24.1M +208,484 +1%
Capital International Investors
18
Capital International Investors
California
$1.48B +$886K +7,646 +0.1%
JP Morgan Chase
19
JP Morgan Chase
New York
$1.48B +$196M +1,689,943 +15%
Invesco
20
Invesco
Georgia
$1.34B +$25.5M +220,243 +2%
CRC
21
Cedar Rock Capital
United Kingdom
$1.31B -$17.8M -153,659 -1%
GRQ
22
Gardner Russo & Quinn
Pennsylvania
$1.2B -$14.4M -124,523 -1%
Deutsche Bank
23
Deutsche Bank
Germany
$1.05B +$28.1M +242,962 +3%
Federated Hermes
24
Federated Hermes
Pennsylvania
$1.02B -$114M -985,676 -10%
Wells Fargo
25
Wells Fargo
California
$876M -$88.1M -760,660 -9%

PM Hedge Fund Activity: Q2 2017 in Review

1,643 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in Philip Morris (PM) for Q2 2017, worth a combined $131B — up 3.8% from $127B a quarter earlier.

Buyers outnumbered sellers: 98 funds opened new PM positions and 56 closed out — a net gain of 42 holders — while 531 added to existing stakes and 734 trimmed.

The largest buyer was Vanguard Group, adding an estimated $344M. The largest seller was Capital Research Global Investors, cutting an estimated $1.36B.

  • 1,643 institutional investors held Philip Morris (PM) as of Q2 2017, up from 1,616 in Q1 2017.
  • Funds reported $131B of Philip Morris stock for Q2 2017, up 3.8% quarter-over-quarter.
  • 98 funds opened new Philip Morris positions in Q2 2017 and 56 closed out, a net change of +42 holders.
  • The largest Philip Morris buyer in Q2 2017 was Vanguard Group, an estimated $344M added.
  • The largest Philip Morris seller in Q2 2017 was Capital Research Global Investors, an estimated $1.36B sold.

Based on aggregated 13F filings for Q2 2017.