Philip Morris
1,807 hedge funds and large institutions have $96B invested in Philip Morris in 2020 Q4 according to their latest regulatory filings, with 237 funds opening new positions, 605 increasing their positions, 721 reducing their positions, and 83 closing their positions.
186% more first-time investments, than exits
New positions opened: 237 | Existing positions closed: 83
17% more funds holding in top 10
Funds holding in top 10: 35 → 41 (+6)
11% more capital invested
Capital invested by funds: $86.8B → $96B (+$9.25B)
8% more funds holding
Funds holding: 1,678 → 1,807 (+129)
0.1% more ownership
Funds ownership: 74.31% → 74.42% (+0.1%)
16% less repeat investments, than reductions
Existing positions increased: 605 | Existing positions reduced: 721
19% less call options, than puts
Call options by funds: $472M | Put options by funds: $579M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CWM
CIBC World Markets
New York
|
+$593M |
| 2 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$417M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
+$261M |
| 4 |
Franklin Resources
San Mateo,
California
|
+$203M |
| 5 |
Capital International Investors
Los Angeles,
California
|
+$199M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$484M |
| 2 |
State Street
Boston,
Massachusetts
|
-$214M |
| 3 |
First Eagle Investment Management
New York
|
-$178M |
| 4 |
AIG
American International Group
New York
|
-$163M |
| 5 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
-$151M |
PM Hedge Fund Activity: Q4 2020 in Review
1,807 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Philip Morris (PM) for Q4 2020, worth a combined $96B — up 11% from $86.8B a quarter earlier.
Buyers outnumbered sellers: 237 funds opened new PM positions and 83 closed out — a net gain of 154 holders — while 605 added to existing stakes and 721 trimmed.
The largest buyer was CIBC World Markets, adding an estimated $593M. The largest seller was T. Rowe Price Associates, cutting an estimated $484M.
- 1,807 institutional investors held Philip Morris (PM) as of Q4 2020, up from 1,678 in Q3 2020.
- Funds reported $96B of Philip Morris stock for Q4 2020, up 11% quarter-over-quarter.
- 237 funds opened new Philip Morris positions in Q4 2020 and 83 closed out, a net change of +154 holders.
- The largest Philip Morris buyer in Q4 2020 was CIBC World Markets, an estimated $593M added.
- The largest Philip Morris seller in Q4 2020 was T. Rowe Price Associates, an estimated $484M sold.
Based on aggregated 13F filings for Q4 2020.