Philip Morris
1,667 hedge funds and large institutions have $76.9B invested in Philip Morris in 2018 Q4 according to their latest regulatory filings, with 216 funds opening new positions, 454 increasing their positions, 782 reducing their positions, and 157 closing their positions.
38% more first-time investments, than exits
New positions opened: 216 | Existing positions closed: 157
7% more funds holding in top 10
Funds holding in top 10: 41 → 44 (+3)
3% more funds holding
Funds holding: 1,624 → 1,667 (+43)
4% more call options, than puts
Call options by funds: $645M | Put options by funds: $620M
0.9% more ownership
Funds ownership: 72.9% → 73.8% (+0.9%)
17% less capital invested
Capital invested by funds: $92.4B → $76.9B (-$15.6B)
42% less repeat investments, than reductions
Existing positions increased: 454 | Existing positions reduced: 782
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
+$712M |
| 2 |
VAM
Veritas Asset Management
London,
United Kingdom
|
+$513M |
| 3 |
BlackRock
New York
|
+$382M |
| 4 |
JP Morgan Chase
New York
|
+$358M |
| 5 |
First Eagle Investment Management
New York
|
+$329M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$932M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$461M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$397M |
| 4 |
State Street
Boston,
Massachusetts
|
-$270M |
| 5 |
CI
Cambiar Investors
Denver,
Colorado
|
-$245M |
PM Hedge Fund Activity: Q4 2018 in Review
1,667 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in Philip Morris (PM) for Q4 2018, worth a combined $76.9B — down 17% from $92.4B a quarter earlier.
Buyers outnumbered sellers: 216 funds opened new PM positions and 157 closed out — a net gain of 59 holders — while 454 added to existing stakes and 782 trimmed.
The largest buyer was Capital Research Global Investors, adding an estimated $712M. The largest seller was Capital World Investors, cutting an estimated $932M.
- 1,667 institutional investors held Philip Morris (PM) as of Q4 2018, up from 1,624 in Q3 2018.
- Funds reported $76.9B of Philip Morris stock for Q4 2018, down 17% quarter-over-quarter.
- 216 funds opened new Philip Morris positions in Q4 2018 and 157 closed out, a net change of +59 holders.
- The largest Philip Morris buyer in Q4 2018 was Capital Research Global Investors, an estimated $712M added.
- The largest Philip Morris seller in Q4 2018 was Capital World Investors, an estimated $932M sold.
Based on aggregated 13F filings for Q4 2018.