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Institutional Ownership · SEC Form 13F

Who owns MO (MO)


Which tracked institutional funds hold MO, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See MO company fundamentals →

Ownership as of the 2026-Q1 13F filings. 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.

2,465
Institutional holders
1,025,843,280
Shares held (tracked funds)
61.3%
Of shares outstanding

How the tape is positioned

The tracked-fund tape on MO is one-sided between 2025-Q4 and 2026-Q1: 716 added or opened and 187 trimmed or exited — on balance accumulating.

A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.

Conviction spread

MO’s largest tracked holder by dollar value, VANGUARD GROUP INC, sizes it at 0.1% of its own reported 13F book, while the median holder sizes it at 0.2% of theirs — a 0.0pp gap the other way — the median holder sizes MO more heavily than its largest holder by dollar value does.

Book-share is each fund’s reported value in MO divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.

Institutional & insider positioning

Between 2025-Q4 and 2026-Q1, across 2465 tracked filers holding MO, 1239 increased or opened the position and 1047 reduced or closed it; over the same quarter, open-market insider Form 4 buying and selling roughly offset.

This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.

New buyers & exits

Funds opening or closing a position in MO between the 2025-Q4 and 2026-Q1 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.

New buyers 55

  • VANGUARD CAPITAL MANAGEMENT LLC$7.2B
  • VANGUARD PORTFOLIO MANAGEMENT LLC$2.3B
  • VANGUARD FIDUCIARY TRUST CO$623M
  • Vanguard Global Advisers, LLC$249M
  • VANGUARD ASSET MANAGEMENT, Ltd$202M
  • Contrarius Group Holdings Ltd$84M

Full exits 62

  • VANGUARD GROUP INC$9.3B
  • VIRGINIA RETIREMENT SYSTEMS ET Al$115M
  • Brandywine Global Investment Management, LLC$67M
  • RNC CAPITAL MANAGEMENT LLC$61M
  • COMERICA BANK$33M
  • CIBC WORLD MARKETS CORP$29M

Largest adds

  • Capital Research Global Investors$994M
  • STATE STREET CORP$537M
  • GEODE CAPITAL MANAGEMENT, LLC$455M
  • GOLDMAN SACHS GROUP INC$352M
  • JPMORGAN CHASE & CO$332M
  • MORGAN STANLEY$328M

Largest trims

  • Pacer Advisors, Inc.$865M
  • CHARLES SCHWAB INVESTMENT MANAGEMENT INC$195M
  • BANK OF NOVA SCOTIA$115M
  • Allianz Asset Management GmbH$97M
  • ARROWSTREET CAPITAL, LIMITED PARTNERSHIP$83M
  • Bridgewater Associates, LP$76M

Institutional holders

One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).

FundSharesReported value% of valueQuarter
BlackRock, Inc. trimmed116,809,036$7.7B11.3%2026-Q1
VANGUARD CAPITAL MANAGEMENT LLC new108,836,042$7.2B10.5%2026-Q1
STATE STREET CORP trimmed71,792,319$4.8B7.0%2026-Q1
CHARLES SCHWAB INVESTMENT MANAGEMENT INC trimmed54,280,109$3.6B5.2%2026-Q1
GEODE CAPITAL MANAGEMENT, LLC added47,022,658$3.1B4.5%2026-Q1
VANGUARD PORTFOLIO MANAGEMENT LLC new35,208,188$2.3B3.4%2026-Q1
Capital Research Global Investors added25,679,912$1.7B2.5%2026-Q1
MORGAN STANLEY added24,455,729$1.6B2.4%2026-Q1
GQG Partners LLC trimmed23,836,839$1.6B2.3%2026-Q1
AMERIPRISE FINANCIAL INC trimmed21,503,069$1.4B2.1%2026-Q1
Capital World Investors trimmed18,416,099$1.2B1.8%2026-Q1
NORTHERN TRUST CORP trimmed16,039,394$1.1B1.5%2026-Q1
BANK OF AMERICA CORP /DE/ trimmed15,099,821$996M1.5%2026-Q1
JPMORGAN CHASE & CO added13,056,266$875M1.3%2026-Q1
GOLDMAN SACHS GROUP INC added13,112,694$865M1.3%2026-Q1
Bank of New York Mellon Corp added12,929,142$853M1.2%2026-Q1
Invesco Ltd. trimmed11,510,668$760M1.1%2026-Q1
Legal & General Group Plc added9,822,049$648M0.9%2026-Q1
VANGUARD FIDUCIARY TRUST CO new9,443,583$623M0.9%2026-Q1
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP trimmed9,202,240$607M0.9%2026-Q1
ROYAL BANK OF CANADA trimmed7,995,715$528M0.8%2026-Q1
Nuveen, LLC added7,792,120$514M0.8%2026-Q1
UBS Group AG trimmed7,559,011$499M0.7%2026-Q1
FIRST TRUST ADVISORS LP added6,713,303$443M0.6%2026-Q1
BARCLAYS PLC trimmed6,291,862$415M0.6%2026-Q1
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC added6,029,914$398M0.6%2026-Q1
LSV ASSET MANAGEMENT added5,984,735$395M0.6%2026-Q1
FMR LLC trimmed5,805,519$383M0.6%2026-Q1
RAYMOND JAMES FINANCIAL INC trimmed5,586,119$369M0.5%2026-Q1
AQR CAPITAL MANAGEMENT LLC added5,320,949$351M0.5%2026-Q1
WELLS FARGO & COMPANY/MN added5,319,195$351M0.5%2026-Q1
Allianz Asset Management GmbH trimmed4,971,344$328M0.5%2026-Q1
Swiss National Bank added4,926,500$325M0.5%2026-Q1
National Pension Service trimmed4,863,972$321M0.5%2026-Q1
PRICE T ROWE ASSOCIATES INC /MD/ trimmed4,642,881$306M0.4%2026-Q1
LPL Financial LLC added4,606,832$304M0.4%2026-Q1
Fayez Sarofim & Co trimmed4,394,936$290M0.4%2026-Q1
DIMENSIONAL FUND ADVISORS LP added4,185,108$276M0.4%2026-Q1
Swiss Life Asset Management Ltd added4,085,192$270M0.4%2026-Q1
DEUTSCHE BANK AG\ added4,004,015$264M0.4%2026-Q1
FRANKLIN RESOURCES INC added3,804,873$251M0.4%2026-Q1
Mitsubishi UFJ Asset Management Co., Ltd. added3,792,017$250M0.4%2026-Q1
Vanguard Global Advisers, LLC new3,772,371$249M0.4%2026-Q1
HSBC HOLDINGS PLC trimmed3,767,113$249M0.4%2026-Q1
ENVESTNET ASSET MANAGEMENT INC added3,615,039$239M0.3%2026-Q1
LONDON CO OF VIRGINIA trimmed3,592,274$237M0.3%2026-Q1
MARSHALL WACE, LLP trimmed3,488,283$230M0.3%2026-Q1
VICTORY CAPITAL MANAGEMENT INC trimmed3,399,862$224M0.3%2026-Q1
Sumitomo Mitsui Trust Group, Inc. added3,333,982$220M0.3%2026-Q1
HighTower Advisors, LLC added3,097,642$204M0.3%2026-Q1
VANGUARD ASSET MANAGEMENT, Ltd new3,056,576$202M0.3%2026-Q1
TRUIST FINANCIAL CORP added2,764,777$182M0.3%2026-Q1
BNP PARIBAS FINANCIAL MARKETS trimmed2,692,454$178M0.3%2026-Q1
SG Americas Securities, LLC trimmed2,686,002$177M0.3%2026-Q1
ASSETMARK, INC added2,681,957$177M0.3%2026-Q1
CITADEL ADVISORS LLC added2,592,475$171M0.3%2026-Q1
RHUMBLINE ADVISERS trimmed2,567,951$169M0.2%2026-Q1
CITIGROUP INC added2,507,304$165M0.2%2026-Q1
FEDERATED HERMES, INC. added2,434,715$161M0.2%2026-Q1
Cullen Capital Management, LLC added2,374,542$157M0.2%2026-Q1
BANK OF MONTREAL /CAN/ trimmed2,339,992$154M0.2%2026-Q1
Qube Research & Technologies Ltd trimmed2,329,383$154M0.2%2026-Q1
Alyeska Investment Group, L.P. added2,266,615$150M0.2%2026-Q1
O'SHAUGHNESSY ASSET MANAGEMENT, LLC added2,219,178$146M0.2%2026-Q1
MILLENNIUM MANAGEMENT LLC added2,193,122$145M0.2%2026-Q1
PANAGORA ASSET MANAGEMENT INC added2,082,826$137M0.2%2026-Q1
NEW YORK STATE COMMON RETIREMENT FUND trimmed2,030,400$134M0.2%2026-Q1
PRINCIPAL FINANCIAL GROUP INC added1,952,375$129M0.2%2026-Q1
D. E. Shaw & Co., Inc. added1,946,018$128M0.2%2026-Q1
PNC FINANCIAL SERVICES GROUP, INC. added1,935,764$128M0.2%2026-Q1
Aristotle Capital Management, LLC added3,113,897$126M0.2%2026-Q1
Bridgewater Associates, LP trimmed1,705,511$113M0.2%2026-Q1
SEI INVESTMENTS CO added1,698,456$112M0.2%2026-Q1
STIFEL FINANCIAL CORP added1,688,022$111M0.2%2026-Q1
RENAISSANCE TECHNOLOGIES LLC trimmed1,676,500$111M0.2%2026-Q1
Russell Investments Group, Ltd. trimmed1,671,579$110M0.2%2026-Q1
Korea Investment CORP added1,643,179$108M0.2%2026-Q1
HRT FINANCIAL LP added1,606,986$106M0.2%2026-Q1
Cetera Investment Advisers added1,587,260$105M0.2%2026-Q1
ALLIANCEBERNSTEIN L.P. trimmed1,809,701$104M0.2%2026-Q1
Mirae Asset Global Investments Co., Ltd. trimmed1,565,875$103M0.2%2026-Q1
CAPITAL FUND MANAGEMENT S.A. trimmed1,510,755$100M0.1%2026-Q1
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ trimmed1,496,196$100M0.1%2026-Q1
ADAGE CAPITAL PARTNERS GP, L.L.C. trimmed1,503,832$99M0.1%2026-Q1
STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM trimmed1,485,466$98M0.1%2026-Q1
NEW YORK STATE TEACHERS RETIREMENT SYSTEM trimmed1,483,182$98M0.1%2026-Q1
COMMONWEALTH EQUITY SERVICES, LLC trimmed1,320,349$87M0.1%2026-Q1
Railway Pension Investments Ltd trimmed1,292,400$85M0.1%2026-Q1
Contrarius Group Holdings Ltd added1,275,522$84M0.1%2026-Q1
ACADIAN ASSET MANAGEMENT LLC trimmed1,203,749$79M0.1%2026-Q1
OSAIC HOLDINGS, INC. trimmed1,169,295$77M0.1%2026-Q1
NATIXIS ADVISORS, LLC trimmed1,153,891$76M0.1%2026-Q1
Amundi added1,140,040$75M0.1%2026-Q1
Ilex Capital Partners (UK) LLP added1,138,725$75M0.1%2026-Q1
Point72 Asset Management, L.P. added1,106,500$73M0.1%2026-Q1
LAZARD ASSET MANAGEMENT LLC added1,088,444$72M0.1%2026-Q1
Freestone Grove Partners LP trimmed1,069,321$71M0.1%2026-Q1
VANGUARD GROUP INC added160,972,627$9.3B13.6%2025-Q4 stale
VIRGINIA RETIREMENT SYSTEMS ET Al trimmed1,992,500$115M0.2%2025-Q4 stale
Zurich Insurance Group Ltd/FI added1,456,925$87M0.1%2025-Q1 stale

Ownership over time

Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.

HoldersTotal shares

Reading this table

Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.

About 13F filings

A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.

Learn how to read institutional ownership