Institutional investors purchased a net $8.0 million shares of PM during the quarter ended December 2016 and now own 72.81% 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
T. ROWE PRICE ASSOCIATES, INC. Bought 9.1 Million shares of Philip Morris
COLUMBIA MANAGEMENT INVESTMENT A... Bought 4.8 Million shares of Philip Morris
DZ PRIVATBANK SA Bought 3.8 Million shares of Philip Morris