Institutional investors purchased a net $12.4 million shares of PM during the quarter ended March 2017 and now own 73.26% of the total shares outstanding. This majority interest is a greater percentage than is typical for companies in the Tobacco industry and highlights that the smart money sees this stock as an important holding.
Mutual fund holders
Largest Quarterly Institutional Transactions
Latest Institutional Activity
JPMORGAN INVESTMENT MANAGEMENT, ... Bought 4.3 Million shares of Philip Morris
T. ROWE PRICE ASSOCIATES, INC. Bought 4.3 Million shares of Philip Morris
MANAGED ACCOUNT ADVISORS LLC Bought 4.0 Million shares of Philip Morris