Philip Morris
2,046 hedge funds and large institutions have $118B invested in Philip Morris in 2023 Q1 according to their latest regulatory filings, with 143 funds opening new positions, 894 increasing their positions, 671 reducing their positions, and 96 closing their positions.
49% more first-time investments, than exits
New positions opened: 143 | Existing positions closed: 96
33% more repeat investments, than reductions
Existing positions increased: 894 | Existing positions reduced: 671
1.46% more ownership
Funds ownership: 76.4% → 77.86% (+1.5%)
0% less funds holding
Funds holding: 2,047 → 2,046 (-1)
2% less capital invested
Capital invested by funds: $120B → $118B (-$2.23B)
9% less funds holding in top 10
Funds holding in top 10: 66 → 60 (-6)
16% less call options, than puts
Call options by funds: $390M | Put options by funds: $467M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$1.21B |
| 2 |
Capital International Investors
Los Angeles,
California
|
+$458M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$348M |
| 4 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$217M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$139M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$775M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
-$581M |
| 3 |
GQG Partners
Ft. Lauderdale,
Florida
|
-$268M |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
-$246M |
| 5 |
State Street
Boston,
Massachusetts
|
-$97.2M |
PM Hedge Fund Activity: Q1 2023 in Review
2,046 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Philip Morris (PM) for Q1 2023, worth a combined $118B — down 1.9% from $120B a quarter earlier.
Buyers outnumbered sellers: 143 funds opened new PM positions and 96 closed out — a net gain of 47 holders — while 894 added to existing stakes and 671 trimmed.
The largest buyer was Capital World Investors, adding an estimated $1.21B. The largest seller was BlackRock, cutting an estimated $775M.
- 2,046 institutional investors held Philip Morris (PM) as of Q1 2023, down from 2,047 in Q4 2022.
- Funds reported $118B of Philip Morris stock for Q1 2023, down 1.9% quarter-over-quarter.
- 143 funds opened new Philip Morris positions in Q1 2023 and 96 closed out, a net change of +47 holders.
- The largest Philip Morris buyer in Q1 2023 was Capital World Investors, an estimated $1.21B added.
- The largest Philip Morris seller in Q1 2023 was BlackRock, an estimated $775M sold.
Based on aggregated 13F filings for Q1 2023.