Philip Morris
1,678 hedge funds and large institutions have $86.8B invested in Philip Morris in 2020 Q3 according to their latest regulatory filings, with 122 funds opening new positions, 572 increasing their positions, 723 reducing their positions, and 91 closing their positions.
34% more first-time investments, than exits
New positions opened: 122 | Existing positions closed: 91
7% more capital invested
Capital invested by funds: $81.2B → $86.8B (+$5.62B)
1% more funds holding
Funds holding: 1,662 → 1,678 (+16)
0% more funds holding in top 10
Funds holding in top 10: 35 → 35 (0)
0.03% less ownership
Funds ownership: 74.33% → 74.3% (-0.03%)
12% less call options, than puts
Call options by funds: $446M | Put options by funds: $509M
21% less repeat investments, than reductions
Existing positions increased: 572 | Existing positions reduced: 723
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
+$781M |
| 2 |
Capital International Investors
Los Angeles,
California
|
+$707M |
| 3 |
Barclays
London,
United Kingdom
|
+$258M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$250M |
| 5 |
IFP
Independent Franchise Partners
London,
United Kingdom
|
+$135M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$213M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$194M |
| 3 |
BlackRock
New York
|
-$186M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
-$153M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$151M |
PM Hedge Fund Activity: Q3 2020 in Review
1,678 of the 4,971 institutional investors tracked by Wall St. Rank reported a position in Philip Morris (PM) for Q3 2020, worth a combined $86.8B — up 6.9% from $81.2B a quarter earlier.
Buyers outnumbered sellers: 122 funds opened new PM positions and 91 closed out — a net gain of 31 holders — while 572 added to existing stakes and 723 trimmed.
The largest buyer was Capital Research Global Investors, adding an estimated $781M. The largest seller was Ameriprise, cutting an estimated $213M.
- 1,678 institutional investors held Philip Morris (PM) as of Q3 2020, up from 1,662 in Q2 2020.
- Funds reported $86.8B of Philip Morris stock for Q3 2020, up 6.9% quarter-over-quarter.
- 122 funds opened new Philip Morris positions in Q3 2020 and 91 closed out, a net change of +31 holders.
- The largest Philip Morris buyer in Q3 2020 was Capital Research Global Investors, an estimated $781M added.
- The largest Philip Morris seller in Q3 2020 was Ameriprise, an estimated $213M sold.
Based on aggregated 13F filings for Q3 2020.