Philip Morris
2,151 hedge funds and large institutions have $115B invested in Philip Morris in 2023 Q4 according to their latest regulatory filings, with 239 funds opening new positions, 711 increasing their positions, 868 reducing their positions, and 88 closing their positions.
172% more first-time investments, than exits
New positions opened: 239 | Existing positions closed: 88
6% more funds holding
Funds holding: 2,028 → 2,151 (+123)
2% more funds holding in top 10
Funds holding in top 10: 54 → 55 (+1)
2% more capital invested
Capital invested by funds: $113B → $115B (+$2.28B)
0.53% more ownership
Funds ownership: 78.26% → 78.79% (+0.53%)
1% less call options, than puts
Call options by funds: $535M | Put options by funds: $542M
18% less repeat investments, than reductions
Existing positions increased: 711 | Existing positions reduced: 868
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
+$449M |
| 2 |
BlackRock
New York
|
+$422M |
| 3 |
Viking Global Investors
Stamford,
Connecticut
|
+$336M |
| 4 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
+$277M |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$266M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$726M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$422M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$284M |
| 4 |
Bank of New York Mellon
New York
|
-$247M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$166M |
PM Hedge Fund Activity: Q4 2023 in Review
2,151 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Philip Morris (PM) for Q4 2023, worth a combined $115B — up 2% from $113B a quarter earlier.
Buyers outnumbered sellers: 239 funds opened new PM positions and 88 closed out — a net gain of 151 holders — while 711 added to existing stakes and 868 trimmed.
The largest buyer was Capital Research Global Investors, adding an estimated $449M. The largest seller was Capital World Investors, cutting an estimated $726M.
- 2,151 institutional investors held Philip Morris (PM) as of Q4 2023, up from 2,028 in Q3 2023.
- Funds reported $115B of Philip Morris stock for Q4 2023, up 2% quarter-over-quarter.
- 239 funds opened new Philip Morris positions in Q4 2023 and 88 closed out, a net change of +151 holders.
- The largest Philip Morris buyer in Q4 2023 was Capital Research Global Investors, an estimated $449M added.
- The largest Philip Morris seller in Q4 2023 was Capital World Investors, an estimated $726M sold.
Based on aggregated 13F filings for Q4 2023.