Institutional investors purchased a net $13.9 million shares of PM during the quarter ended June 2017 and now own 74.21% 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
MORGAN STANLEY INVESTMENT MANAGE... Bought 3.5 Million shares of Philip Morris
THE VANGUARD GROUP, INC. Bought 3.0 Million shares of Philip Morris
FIDELITY MANAGEMENT & RESEARCH C... Bought 2.3 Million shares of Philip Morris