Altria Group

MO • NYSE

Altria Group is a tobacco company in the consumer defensive sector on NYSE, led by William F. Gifford, Jr., with a market cap of $97.9B. As of Q3 2025, 61% of shares are held by 2,283 institutional investors, with VANGUARD GROUP INC as the largest holder at 9.47%.

Chief Executive OfficerWilliam F. Gifford, Jr.

Market Cap$97.9B

Tobacco

Consumer Defensive

Employees6.4K

Websitealtria.com

Country

United States of America

Overview

Overview of institutional ownership in MO as of Q3 2025 with a market cap of $110.97B

All Institutions

Institutions: 2,283
Value Held: $67.9B
Shares Held: 1.02B
Avg Position: $29.7M
Median Position: $731.9K

Hedge Funds

Hedge Funds: 79
Value Held: $3.0B
Shares Held: 44.8M
Avg Position: $37.4M
Median Position: $2.7M

Ownership Breakdown

Institutional (non-HF)

58.48%

$64.9B

Hedge Funds

2.67%

$3.0B

Retail & Other

38.85%

$43.1B

Based on market cap of $110.97B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in MO as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
VANGUARD GROUP INC Institution	Salim Ramji CEO	$10.5B 0.16% of portfolio	9.47% 159.1M shares	≤ Q2 2013 Held for 12y 5m+	$6.69T
B BlackRock, Inc. Institution	-	$8.3B 0.15% of portfolio	7.49% 125.7M shares	≤ Q2 2013 Held for 12y 5m+	$5.67T
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$4.8B 0.17% of portfolio	4.27% 71.7M shares	≤ Q2 2013 Held for 12y 5m+	$2.88T
SCHWAB CHARLES INVESTMENT MANAGEMENT INC Long Only Manager	Omar Aguilar Chavez CEO	$3.9B 0.63% of portfolio	3.53% 59.3M shares	≤ Q2 2013 Held for 12y 5m+	$620.51B
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$3.0B 0.19% of portfolio	2.69% 45.3M shares	≤ Q2 2013 Held for 12y 5m+	$1.57T
GQG Partners LLC Long Only Manager	Timothy Jacob Carver CEO	$1.7B 2.61% of portfolio	1.53% 25.7M shares	Q4 2024 Held for 11 months	$65.1B
C Capital World Investors Institution	-	$1.7B 0.23% of portfolio	1.49% 25.0M shares	≤ Q2 2013 Held for 12y 5m+	$730.00B
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$1.5B 0.09% of portfolio	1.31% 22.0M shares	≤ Q2 2013 Held for 12y 5m+	$1.65T
AMERIPRISE FINANCIAL INC Institution	Jim Cracchiolo CEO	$1.3B 0.30% of portfolio	1.16% 19.6M shares	≤ Q2 2013 Held for 12y 5m+	$433.11B
NORTHERN TRUST CORP Institution	Michael G. O'Grady CEO	$1.1B 0.14% of portfolio	0.99% 16.7M shares	≤ Q2 2013 Held for 12y 5m+	$782.01B

Net Capital Flow

Institutional buying and selling activity for MO in Q3 2025

Net Flow: −$170.9M
Buyers: 1,026
Sellers: 841
Total Bought: +$2.8B
Total Sold: −$3.0B
Avg Position: $30.6M

Biggest Buyers

Institution	Net Bought	Current Position
Marshall Wace LLP Institution	+$219.4M +3.3M shares	$295.9M 4.5M shares
AMERIPRISE FINANCIAL INC Institution	+$208.4M +3.2M shares	$1.3B 19.6M shares
B BlackRock, Inc. Institution	+$196.1M +3.0M shares	$8.3B 125.7M shares
BALYASNY ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy	+$112.9M +1.7M shares	$114.5M 1.7M shares
WORLDQUANT MILLENNIUM QUANTITATIVE STRATEGIES LLC Hedge Fund•Multi-Strategy	+$109.6M +1.7M shares	$142.7M 2.2M shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	+$92.5M +1.4M shares	$193.2M 2.9M shares
PRUDENTIAL FINANCIAL INC Institution	+$90.0M +1.4M shares	$208.6M 3.2M shares
F Freestone Grove Partners LP Hedge Fund•Multi-Strategy	+$89.5M +1.4M shares	$89.5M 1.4M shares
N NATIONAL BANK OF CANADA /FI/ Institution	+$86.8M +1.3M shares	$124.8M 1.9M shares
BARCLAYS PLC Institution	+$82.5M +1.2M shares	$413.8M 6.3M shares

Biggest Sellers

Institution	Net Sold	Current Position
C Capital World Investors Institution	−$685.6M −10.4M shares	$1.7B 25.0M shares
ARROWSTREET CAPITAL LIMITED PARTNERSHIP Hedge Fund•Quant	−$366.4M −5.5M shares	$911.5M 13.8M shares
GQG Partners LLC Long Only Manager	−$204.6M −3.1M shares	$1.7B 25.7M shares
SCHWAB CHARLES INVESTMENT MANAGEMENT INC Long Only Manager	−$192.3M −2.9M shares	$3.9B 59.3M shares
MACKENZIE FINANCIAL CORP Long Only Manager	−$114.5M −1.7M shares	$31.4M 474.8K shares
M MANUFACTURERES LIFE INSURANCE CO Institution	−$103.1M −1.6M shares	$70.4M 1.1M shares
UBS GLOBAL ASSET MANAGEMENT AMERICAS INC Long Only Manager	−$98.7M −1.5M shares	$399.9M 6.1M shares
P Pacer Advisors, Inc. Institution	−$76.2M −1.2M shares	$467.6M 7.1M shares
MORGAN STANLEY RIA/Wealth	−$67.8M −1.0M shares	$1.5B 22.0M shares
BANK OF AMERICA CORP /DE/ Institution	−$60.9M −921.8K shares	$918.8M 13.9M shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited MO in Q3 2025

New Positions: 80
New Value: $31.3M
Exited Positions: 101
Exited Value: $136.6M

New Positions

Institution	Position Value
Del-Sette Capital Management, LLC RIA/Wealth	$3.1M 47.2K shares
Vinva Investment Management Ltd Hedge Fund•Quant	$2.3M 34.8K shares
T TEMA ETFS LLC Institution	$1.8M 27.0K shares
Kera Capital Partners, Inc. RIA/Wealth	$1.4M 21.7K shares
Blackstone Group L.P. Institution	$1.2M 18.9K shares
Lantz Financial LLC RIA/Wealth	$1.2M 18.2K shares
Beutel, Goodman & Co Ltd. Long Only Manager	$1.2M 18.0K shares
Geneva Partners, LLC RIA/Wealth	$1.1M 16.6K shares
4 49 WEALTH MANAGEMENT, LLC Institution	$635.4K 9.6K shares
Gibson Capital, LLC RIA/Wealth	$628.7K 9.5K shares

Exited Positions

Institution	Previous Position
Artisan Partners Limited Partnership Long Only Manager	$35.7M 609.1K shares
T Twin Tree Management, LP Hedge Fund•Vol Arbitrage	$17.2M 293.3K shares
T TWINBEECH CAPITAL LP Hedge Fund•Quant	$8.5M 144.9K shares
T TEXAS PERMANENT SCHOOL FUND Institution	$7.9M 135.4K shares
S SCHWERIN BOYLE CAPITAL MANAGEMENT INC Hedge Fund•Multi-Strategy	$7.0M 118.7K shares
TWO SIGMA ADVISERS, LLC Hedge Fund•Multi-Strategy	$6.9M 117.1K shares
A AXA Institution	$5.8M 98.1K shares
Kingstone Capital Partners Texas, LLC RIA/Wealth	$4.1M 70.1K shares
T TORRAY LLC Long Only Manager	$4.0M 67.9K shares
VELA Investment Management, LLC Long Only Manager	$2.9M 50.2K shares

Options Activity

Institutions with the largest Call and Put options positions in MO as of Q3 2025

Call Positions: 38
Call Value: $744.7M
Put Positions: 38
Put Value: $905.3M

Call Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$268.1M 40.6K contracts
D D. E. Shaw & Co., Inc. Institution	$88.1M 13.3K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$84.2M 12.7K contracts
J JANE STREET GROUP, LLC Institution	$73.1M 11.1K contracts
W WOLVERINE TRADING, LLC Institution	$33.9M 5.2K contracts
CITIGROUP INC Institution	$27.7M 4.2K contracts
CAPITAL FUND MANAGEMENT S.A. Hedge Fund•Quant Macro	$25.4M 3.8K contracts
S Squarepoint Ops LLC Hedge Fund•Quant	$23.4M 3.5K contracts
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	$17.7M 2.7K contracts
Q Qube Research & Technologies Ltd Institution	$15.5M 2.4K contracts

Put Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$300.2M 45.4K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$111.6M 16.9K contracts
GOLDMAN SACHS GROUP INC Institution	$89.4M 13.5K contracts
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	$55.5M 8.4K contracts
CITIGROUP INC Institution	$41.6M 6.3K contracts
UBS Group AG Institution	$38.6M 5.8K contracts
D D. E. Shaw & Co., Inc. Institution	$25.5M 3.9K contracts
Interval Partners, LLC Hedge Fund•Long/Short	$25.3M 3.8K contracts
W WOLVERINE TRADING, LLC Institution	$24.8M 3.8K contracts
CAPSTONE INVESTMENT ADVISORS, LLC Hedge Fund•Multi-Strategy	$18.7M 2.8K contracts

Most Committed Institutions

Institutions with MO as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
Kennon-Green & Company, LLC RIA/Wealth	Joshua Allan Kennon Managing Partner	6.18% $8.0M	0.01% 120.5K shares	Q4 2022 Held for 2y 11m	$128.8M
P PARK CIRCLE Co Institution	-	4.93% $5.7M	0.01% 86.1K shares	Q4 2018 Held for 6y 11m	$115.2M
E EDMP, INC. RIA/Wealth	Julie Cycenas Carnevale President	4.78% $6.0M	0.01% 91.4K shares	Q1 2021 Held for 4y 8m	$126.2M
Windle Wealth, LLC RIA/Wealth	Donald Ray Windle CCO	4.02% $9.0M	0.01% 135.9K shares	Q4 2022 Held for 2y 11m	$223.5M
HUTNER CAPITAL MANAGEMENT INC RIA/Wealth	Daniel Ellsworth Hutner President	3.19% $7.5M	0.01% 114.2K shares	Q3 2016 Held for 9y 2m	$236.4M
R RNC CAPITAL MANAGEMENT LLC RIA/Wealth	Daniel John Genter CEO	3.19% $69.2M	0.06% 1.0M shares	≤ Q2 2013 Held for 12y 5m+	$2.2B
BENEDICT FINANCIAL ADVISORS INC RIA/Wealth	Mark Alan Beaver Managing Partner	3.17% $14.5M	0.01% 220.2K shares	Q4 2014 Held for 10y 11m	$459.1M
SAGE ADVISORS, LLC RIA/Wealth	Michael Joseph Helke CCO	3.10% $4.3M	0.00% 65.6K shares	Q4 2024 Held for 11 months	$139.6M
B Baugh & Associates, LLC RIA/Wealth	Larry Jack Baugh President	2.91% $5.8M	0.01% 96.5K shares	Q4 2017 Held for 7y 11m	$201.2M
CFC Planning Co LLC Private Equity	Andrew David Lindner Managing Partner	2.85% $3.4M	0.00% 51.4K shares	Q4 2024 Held for 11 months	$119.0M

Hedge Fund Spotlight

Discover hedge funds investing in MO

ISAM Funds Ltd

Hedge Fund • Quant

Portfolio ManagerAlexander Lowe

Portfolio Value: $489.3M
Positions: 601
Last Reported: Q3 2025

Sector Allocation

Position in Altria Group

Market Value: $3.1M
Shares Held: 47.4K
Portfolio Weight: 0.64%
Owned Since: 2025-Q3

Top Holding	Sector	Market Value	Weight
1 Merck & Co. MRK	Drug Manufacturers - General Healthcare	$4.9M	1.00%
2 Chubb CB	Insurance - Property & Casualty Financial Services	$4.9M	1.00%
3 Johnson & Johnson JNJ	Drug Manufacturers - General Healthcare	$4.9M	0.99%