Philip Morris
1,624 hedge funds and large institutions have $92.4B invested in Philip Morris in 2018 Q3 according to their latest regulatory filings, with 80 funds opening new positions, 564 increasing their positions, 742 reducing their positions, and 98 closing their positions.
12% more call options, than puts
Call options by funds: $950M | Put options by funds: $852M
1% more capital invested
Capital invested by funds: $91.7B → $92.4B (+$699M)
0.23% less ownership
Funds ownership: 73.13% → 72.9% (-0.23%)
2% less funds holding
Funds holding: 1,655 → 1,624 (-31)
5% less funds holding in top 10
Funds holding in top 10: 43 → 41 (-2)
18% less first-time investments, than exits
New positions opened: 80 | Existing positions closed: 98
24% less repeat investments, than reductions
Existing positions increased: 564 | Existing positions reduced: 742
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
+$2.13B |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
+$379M |
| 3 |
State Street
Boston,
Massachusetts
|
+$226M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$177M |
| 5 |
First Eagle Investment Management
New York
|
+$176M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$850M |
| 2 |
CWG
C WorldWide Group
Copenhagen,
Denmark
|
-$216M |
| 3 |
MG
Meritage Group
San Francisco,
California
|
-$211M |
| 4 |
Renaissance Technologies
New York
|
-$199M |
| 5 |
APG Asset Management
Amsterdam,
Netherlands
|
-$198M |
PM Hedge Fund Activity: Q3 2018 in Review
1,624 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in Philip Morris (PM) for Q3 2018, worth a combined $92.4B — up 0.76% from $91.7B a quarter earlier.
Sellers outnumbered buyers: 98 funds closed out of PM and 80 opened new positions — a net loss of 18 holders — while 742 trimmed existing stakes and 564 added.
The largest buyer was Capital International Investors, adding an estimated $2.13B. The largest seller was Capital World Investors, cutting an estimated $850M.
- 1,624 institutional investors held Philip Morris (PM) as of Q3 2018, down from 1,655 in Q2 2018.
- Funds reported $92.4B of Philip Morris stock for Q3 2018, up 0.76% quarter-over-quarter.
- 80 funds opened new Philip Morris positions in Q3 2018 and 98 closed out, a net change of -18 holders.
- The largest Philip Morris buyer in Q3 2018 was Capital International Investors, an estimated $2.13B added.
- The largest Philip Morris seller in Q3 2018 was Capital World Investors, an estimated $850M sold.
Based on aggregated 13F filings for Q3 2018.