Philip Morris
Fourth Quarter 910000 Report on Institutional Holdings of Philip Morris Common Stock
Fields
- Author
- Millington, H.
- Alias
- LITPM038990
- Area
- MILLINGTON,HOBIE/CARLSTADT
- Type
- MEMO, MEMORANDUM
- CHAR, CHART, GRAPH, TABLE, MAPS
- REPT, REPORT, OTHER
- ROUT, ROUTING SLIP
- CHAR, CHART, GRAPH, TABLE, MAPS
- Named Person
- Adelman, A.
- Bannan, T.
- Becker, W.
- Brenner, T.
- Chappelear, R.
- Coury, J.
- Crouse, N.
- Daniel, N.
- Delbalso, M.
- Fast, S.
- Fitilis, A.
- Flag, T.
- Frick, C.
- Fuchs, E.
- Goldman, D.
- Goldsborough, W.
- Hale, M.
- Hull, J.
- Kippes, R.
- Langbaum, G.
- Larson, K.
- Lynde, S.
- Matlow, P.
- Mullin, H.
- Prindiville, A.
- Reno, E.
- Sharpe, E.
- Shiel, F.
- Stack, K.
- Teabult, B.
- Tuckman, M.
- Weissman, L.
- Wilberg, C.
- Williams, M.
- Bannan, T.
- Recipient (Organization)
- Pmmc, Philip Morris Management Corp
- Recipient
- Bible, G.C.
- Bring, M.H.
- Buzzi, M.H.
- Campbell, W.I.
- Cullman, J.F. III
- Dunn, W.L.
- Goldberg, M.S.
- Lewis, G.R.
- Maxwell, H.
- Mayer, R.P.
- Miles, M.A.
- Murray, W.R.
- Storr, H.G.
- Tucker, J.J.
- Weissman, G.
- Wickham, K.P.
- Bring, M.H.
- Named Organization
- 1st Interstate
- 1st Manhattan
- Aim Capital
- Alliance Capital
- Bankers Trust
- Boston
- Ca Public Ret
- Capital Research
- College Retire
- Correstates Bank
- Equitable Life
- Fayez Sarofim
- Fidelity
- Hellman Jordan
- Ids Financial
- Investors Research
- Jennison Capital
- Jp Morgan
- Kemper Financial
- Lazard Freres
- Lincoln Capital
- Mellon Bank
- Miller Anderson
- Ny St Ret
- Ny St Teachers
- Oppenheimer
- Philip Morris
- Phoenix Mutual
- Putnam
- S+P
- Sears Investment
- Shearson Lehman
- Thomas Advisory
- Tuckman Capital
- US Trust
- Wells Fargo
- 1st Manhattan
- Author (Organization)
- Pmmc, Philip Morris Management Corp
- Litigation
- Feda/Produced
- Site
- N404
- Characteristic
- CONF, CONFIDENTIAL
- Date Loaded
- 04 Dec 2002
- UCSF Legacy ID
- dmu42c00
Document Images
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PHILIP MORRIS MANAGEMENT CORP. INTER-OFFICE CORRESPONDENCE
120 PARK AVENUE, NEW YORK N.Y. 10017-5592
To.
FROM:
SUBJECT:
DISTRIBUTION DATE: March 27, 1992
H. Millington
Fourth Ouarter 1991 Report on Institutional
Holdings of Philip Morris Common Stock
Following is material relating to institutions required to
file their holdings with the S.E.C.
As of December 31, 1991, 772 of these institutions owned 542
million shares of Philip Morris, or 59% of the common stock
outstanding.
During the quarter, reporting firms decreased their Philip
Morris holdings by 3,856,000 shares. Major purchasers were
Mellon Bank (4,034,000 shares), U.S. Trust (1,239,000
shares) and Sears Investment (954,000 shares). The major
sellers were Jennison Capital (2,745,000 shares), Equitable
Life (1,406,000 shares) and Investors Research (1,364,000
shares).
During the fourth quarter of 1991 Philip Morris stock
increased from $72 1/8 per share to $80 1/4, a 11% increase
while the S&P 500 Index increased 8%.
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CONFIDENTIAL °
PM 038990
TWENTY MAJOR HOLDERS
PHILIP MORRIS COMMON STOCK
DECEMBER 31. 1991
12/31/91
Shares (000)
Institution Location Analyst Holdings Increase/
Decrease
Fayez Sarofim Houston N. Daniel 32814 655
Capital Research Los Angeles K. Larson 19071 634
Fidelity Boston F. Shiel 18813 184
Bankers Trust New York A. Fitilis 17586 ill
Mellon Bank Pittsburgh R. Chappelear 17407 4034
Wells Fargo San Francisco S. Fast 16739 466
Alliance Capital New York C. Frick 16522 (356)
College Retire New York L. Weissman 11969 (487)
New York St. Ret. Albany J. Hull 8651 (77)
J. P. Morgan New York K. Stack 7911 (389)
Lazard Freres New York P. Matlow 7094 (282)
New York St. Teachers Albany E. Reno 6220 21
Miller Anderson Philadelphia M. Williams 5869 (55)
California Public Ret. Sacramento C. Wilberg 5644 -
IDS Financial Minneapolis B. Teabult 5506 110
Oppenheimer New York D. Goldman 5314 (1172)
Lincoln Capital Chicago W. Goldsborough 5166 (1102)
Shearson Lehman New York J. Coury 5077 316
First Interstate Beverly Hills A. Adelman 4889 (308)
Boston Company
Boston
S. Lynde
4764 tV
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TOTAL TOP TWENTY 223,026
PERCENT OF TOTAL 24% <h
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CONFIffl~~fiL PM 038991
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TEN LARGEST INCREASE IN OWNERSHIP
AMONG IDENTIFIABLE INSTITUTIONS
FOURTH QUARTER 1991
12/31/91
Shares (000)
Institution Location Analyst Increase Holdinas
Mellon Bank Pittsburgh R. Chappelear 4034 17407
U.S. Trust New York W. Becker 1239 1995
Sears Investment Chicago T. Flag 954 1111
Tuckman Capital Larkspur M. Tuckman 846 4068
Fayez Sarofim Houston N. Daniel 655 32814
Hellman Jordan Boston M. Hale 634 1077
Capital Research Los Angeles K. Larson 634 19071
Correstates Bank Philadelphia N. Crouse 555 1167
Phoenix Mutual Hartford T. Bannan 518 518
AIM Capital Houston R. Kippes 485 1869
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PM 038992
TEN LARGEST DECREASE IN OWNERSHIP
AMONG IDENTIFIABLE INSTITUTIONS
FOURTH QUARTER 1991
12/31
Shares /9
(0 1
00)
Institution Location Analyst Dec re ase Ho ld ings
Jennison Capital New York M. Del Balso 2745 -
Equitable Life New York E. Sharpe 1406 2290
Investors Research Kansas E. Fuchs 1364 2174
Putnam Boston H. Mullin 1225 827
Oppenheimer New York D. Goldman 1172 5314
Lincoln Capital Chicago W. Goldsborough 1102 5166
Thomas Advisory Stamford A. Prindiville 1081 3
Boston Co. Boston S. Lynde 956 4764
Kemper Financial Chicago G. Langbaum 764 2709
First Manhattan New York T. Brenner 599 3346
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PM 038993
>
DISTRIBQTION
M. A. Miles J. F. Cullman, 3rd
G. C. Bible H. Maxwell
M. H. Bring G. Weissman
A.
W.
W.
M.
G.
R.
W.
H.
J.
K. G.
I.
H.
S.
R.
P.
R.
G.
J.
P. Buzzi
Campbell
Dunn
Goldberg
Lewis
Mayer
Murray
Storr
Tucker
Wickham
.
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PM 038994
