According to a report from wkrb13, Savant Capital LLC increased its stake in Philip Morris International (PMI) by 144.6% in the second quarter, as stated in their latest 13F filing with the U.S. Securities and Exchange Commission (SEC). The company acquired an additional 24,314 shares, bringing their total holdings to 41,125 shares, with a total value of $4.015 million.
Other hedge funds and institutional investors have recently made adjustments to their positions in the company.
Savant Capital LLC is an American private wealth management and investment consulting firm. The company offers financial planning, investment management, retirement planning, tax planning, and other financial advisory services to help clients manage and increase their wealth. Its clients may include individual investors, families, retirement plans, trusts, and charitable organizations, among others. Savant Capital LLC is dedicated to helping clients achieve their financial goals by creating investment portfolios and providing comprehensive financial advice tailored to their needs and risk preferences. The company is headquartered in Illinois, United States.
For example, Stone House Investment Management LLC acquired approximately $29,000 worth of Philip Morris International shares in the first quarter. BOK Financial Private Wealth Inc. and Barrett & Company Inc. both purchased around $32,000 worth of Philip Morris International stocks during the same period. NewSquare Capital LLC increased its holdings in Philip Morris International by 127.0% in the first quarter, now owning 370 shares worth $36,000. Lastly, Blume Capital Management Inc. bought approximately $36,000 worth of Philip Morris International stocks in the first quarter.
Currently, 79.70% of the stocks are held by institutional investors and hedge funds.
