Philip Morris
2,154 hedge funds and large institutions have $112B invested in Philip Morris in 2024 Q1 according to their latest regulatory filings, with 144 funds opening new positions, 819 increasing their positions, 882 reducing their positions, and 117 closing their positions.
26% more call options, than puts
Call options by funds: $511M | Put options by funds: $407M
23% more first-time investments, than exits
New positions opened: 144 | Existing positions closed: 117
0% more funds holding
Funds holding: 2,151 → 2,154 (+3)
0.42% less ownership
Funds ownership: 78.79% → 78.37% (-0.42%)
7% less repeat investments, than reductions
Existing positions increased: 819 | Existing positions reduced: 882
9% less capital inflows, than outflows
Capital inflows: $5.49B | Capital outflows: $6.05B
18% less funds holding in top 10
Funds holding in top 10: 55 → 45 (-10)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$644M |
| 2 |
GQG Partners
Ft. Lauderdale,
Florida
|
+$539M |
| 3 |
Lone Pine Capital
Greenwich,
Connecticut
|
+$338M |
| 4 |
Viking Global Investors
Stamford,
Connecticut
|
+$313M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$248M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.42B |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$1.06B |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$454M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$271M |
| 5 |
Neuberger Berman Group
New York
|
-$255M |
PM Hedge Fund Activity: Q1 2024 in Review
2,154 of the 6,967 institutional investors tracked by Wall St. Rank reported a position in Philip Morris (PM) for Q1 2024, worth a combined $112B — down 3.1% from $115B a quarter earlier.
Buyers outnumbered sellers: 144 funds opened new PM positions and 117 closed out — a net gain of 27 holders — while 819 added to existing stakes and 882 trimmed.
The largest buyer was Franklin Resources, adding an estimated $644M. The largest seller was Morgan Stanley, cutting an estimated $1.42B.
- 2,154 institutional investors held Philip Morris (PM) as of Q1 2024, up from 2,151 in Q4 2023.
- Funds reported $112B of Philip Morris stock for Q1 2024, down 3.1% quarter-over-quarter.
- 144 funds opened new Philip Morris positions in Q1 2024 and 117 closed out, a net change of +27 holders.
- The largest Philip Morris buyer in Q1 2024 was Franklin Resources, an estimated $644M added.
- The largest Philip Morris seller in Q1 2024 was Morgan Stanley, an estimated $1.42B sold.
Based on aggregated 13F filings for Q1 2024.