ALTRIA GROUP INC MO
COM · Common Stock · CUSIP 02209S103 · ISIN US02209S1033
American multinational company
- SectorConsumer staples
- IndustryCigarettes
- HeadquartersRichmond, VA
- Founded1985
- Websitealtria.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($305.4m this quarter). Holder counts are more reliable. Shares outstanding: 1.7bn as of 2025-10-22, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $66.23. Options: 38 managers hold calls ($858.5m notional), 35 hold puts ($901.4m).
Trends to Q3 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 1,767 |
| Q4 2022 | 1,899 |
| Q1 2023 | 1,877 |
| Q2 2023 | 1,887 |
| Q3 2023 | 1,845 |
| Q4 2023 | 1,892 |
| Q1 2024 | 1,903 |
| Q2 2024 | 1,918 |
| Q3 2024 | 1,996 |
| Q4 2024 | 2,172 |
| Q1 2025 | 2,250 |
| Q2 2025 | 2,266 |
| Q3 2025 | 2,354 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2023 | 694 | 959 |
| Q1 2024 | 877 | 878 |
| Q2 2024 | 891 | 830 |
| Q3 2024 | 905 | 856 |
| Q4 2024 | 964 | 798 |
| Q1 2025 | 1,118 | 874 |
| Q2 2025 | 1,140 | 892 |
| Q3 2025 | 1,216 | 872 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2024 | $642.3m | $973.8m | 1.52 |
| Q1 2025 | $1.1bn | $719.5m | 0.68 |
| Q2 2025 | $899.5m | $758.6m | 0.84 |
| Q3 2025 | $858.5m | $901.4m | 1.05 |
Biggest buyers
| JPMORGAN CHASE & CO | Added | +12.9m |
| MARSHALL WACE, LLP | Added | +3.3m |
| AMERIPRISE FINANCIAL INC | Added | +3.2m |
| BlackRock, Inc. | Added | +3.0m |
| Balyasny Asset Management L.P. | Added | +1.7m |
| WORLDQUANT MILLENNIUM ADVISORS LLC | Added | +1.7m |
| CITADEL ADVISORS LLC | Added | +1.4m |
| PRUDENTIAL FINANCIAL INC | Added | +1.4m |
| Freestone Grove Partners LP | New | +1.4m |
| NATIONAL BANK OF CANADA /FI/ | Added | +1.3m |
Biggest sellers
| Capital World Investors | Reduced | -10.4m |
| ROYAL BANK OF CANADA | Reduced | -9.6m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Reduced | -5.5m |
| GQG Partners LLC | Reduced | -3.1m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | Reduced | -2.9m |
| MACKENZIE FINANCIAL CORP | Reduced | -1.7m |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | Reduced | -1.6m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Reduced | -1.5m |
| Pacer Advisors, Inc. | Reduced | -1.2m |
| MORGAN STANLEY | Reduced | -1.0m |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $268.1m4.1m shares |
| D. E. Shaw & Co., Inc. | Added | $88.1m1.3m shares |
| CITADEL ADVISORS LLC | Reduced | $84.2m1.3m shares |
| JANE STREET GROUP, LLC | Added | $73.1m1.1m shares |
| NATIONAL BANK OF CANADA /FI/ | Reduced | $35.7m5.4k shares |
| IMC-Chicago, LLC | Reduced | $34.7m526.0k shares |
| WOLVERINE TRADING, LLC | Added | $33.9m516.3k shares |
| CITIGROUP INC | Unchanged | $27.7m420.0k shares |
| SIMPLEX TRADING, LLC | Reduced | $27.2m412.5k shares |
| CAPITAL FUND MANAGEMENT S.A. | Reduced | $25.4m383.9k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $300.2m4.5m shares |
| CITADEL ADVISORS LLC | Reduced | $111.6m1.7m shares |
| GOLDMAN SACHS GROUP INC | Added | $89.4m1.4m shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $55.5m839.4k shares |
| CITIGROUP INC | Reduced | $41.6m630.0k shares |
| UBS Group AG | Added | $38.6m584.2k shares |
| D. E. Shaw & Co., Inc. | Added | $25.5m385.9k shares |
| Interval Partners, LP | New | $25.3m383.5k shares |
| WOLVERINE TRADING, LLC | Added | $24.8m378.2k shares |
| CAPSTONE INVESTMENT ADVISORS, LLC | Added | $18.7m283.4k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 7.5% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales in Q3 2025
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2023 | 2 | $93.2k | 0 | — | — |
| Q1 2024 | 0 | — | 0 | — | — |
| Q2 2024 | 0 | — | 1 | $988.3k | — |
| Q3 2024 | 0 | — | 0 | — | — |
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 0 | — | 0 | — | — |
| Q3 2025 | 0 | — | 0 | — | — |
None reported in Q3 2025.
Holders, Q3 2025
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.16% of their portfolio | 159.1m $10.5bn | Reduced -640.1k |
| BlackRock, Inc. 0.15% of their portfolio | 125.7m $8.3bn | Added +3.0m |
| STATE STREET CORP 0.17% of their portfolio | 71.7m $4.8bn | Reduced -683.9k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.62% of their portfolio | 59.3m $3.9bn | Reduced -2.9m |
| GEODE CAPITAL MANAGEMENT, LLC 0.19% of their portfolio | 45.3m $3.0bn | Added +530.2k |
| GQG Partners LLC 2.61% of their portfolio | 25.7m $1.7bn | Reduced -3.1m |
| Capital World Investors 0.23% of their portfolio | 25.0m $1.7bn | Reduced -10.4m |
| JPMORGAN CHASE & CO 0.05% of their portfolio | 24.1m $1.6bn | Added +12.9m |
| MORGAN STANLEY 0.09% of their portfolio | 22.0m $1.5bn | Reduced -1.0m |
| AMERIPRISE FINANCIAL INC 0.30% of their portfolio | 19.6m $1.3bn | Added +3.2m |
| NORTHERN TRUST CORP 0.14% of their portfolio | 16.7m $1.1bn | Added +59.2k |
| BANK OF AMERICA CORP /DE/ 0.07% of their portfolio | 13.9m $918.8m | Reduced -921.8k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.57% of their portfolio | 13.8m $911.5m | Reduced -5.5m |
| Bank of New York Mellon Corp 0.15% of their portfolio | 12.7m $842.1m | Added +132.8k |
| Capital Research Global Investors 0.15% of their portfolio | 12.1m $801.4m | Added +47.8k |
| Invesco Ltd. 0.12% of their portfolio | 11.8m $781.9m | Reduced -213.0k |
| UBS Group AG 0.13% of their portfolio | 10.3m $683.2m | Added +889.9k |
| Legal & General Group Plc 0.14% of their portfolio | 9.2m $605.7m | Added +318.1k |
| ROYAL BANK OF CANADA 0.10% of their portfolio | 8.7m $577.5m | Reduced -9.6m |
| GOLDMAN SACHS GROUP INC 0.08% of their portfolio | 8.0m $529.6m | Reduced -272.6k |
| Pacer Advisors, Inc. 1.20% of their portfolio | 7.1m $467.6m | Reduced -1.2m |
| FMR LLC 0.02% of their portfolio | 6.5m $432.6m | Added +469.3k |
| BARCLAYS PLC 0.15% of their portfolio | 6.3m $413.8m | Added +1.2m |
| Allianz Asset Management GmbH 0.51% of their portfolio | 6.2m $411.0m | Added +36.3k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.09% of their portfolio | 6.1m $399.9m | Reduced -1.5m |
| Nuveen, LLC 0.10% of their portfolio | 5.9m $389.0m | Reduced -228.0k |
| FIRST TRUST ADVISORS LP 0.28% of their portfolio | 5.8m $381.0m | Reduced -528.5k |
| RAYMOND JAMES FINANCIAL INC 0.12% of their portfolio | 5.7m $378.2m | Reduced -235.7k |
| Fayez Sarofim & Co 0.82% of their portfolio | 5.3m $352.4m | Reduced -98.8k |
| LSV ASSET MANAGEMENT 0.78% of their portfolio | 5.3m $351.2m | Added +58.1k |
| AQR CAPITAL MANAGEMENT LLC 0.22% of their portfolio | 5.3m $346.4m | Added +629.0k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.04% of their portfolio | 5.2m $341.6m | Added +39.1k |
| Swiss National Bank 0.19% of their portfolio | 4.9m $320.8m | Reduced -249.1k |
| National Pension Service 0.24% of their portfolio | 4.7m $311.6m | Added +215.7k |
| Swiss Life Asset Management Ltd 1.60% of their portfolio | 4.7m $308.2m | Reduced -25.1k |
| WELLS FARGO & COMPANY/MN 0.06% of their portfolio | 4.5m $300.4m | Added +345.4k |
| MARSHALL WACE, LLP 0.33% of their portfolio | 4.5m $295.9m | Added +3.3m |
| HSBC HOLDINGS PLC 0.17% of their portfolio | 4.3m $286.6m | Added +57.4k |
| DEUTSCHE BANK AG\ 0.09% of their portfolio | 4.3m $281.7m | Added +400.9k |
| DIMENSIONAL FUND ADVISORS LP 0.06% of their portfolio | 4.2m $275.6m | Reduced -34.1k |
| LONDON CO OF VIRGINIA 1.44% of their portfolio | 4.0m $261.1m | Reduced -76.4k |
| LPL Financial LLC 0.07% of their portfolio | 3.8m $248.1m | Added +211.6k |
| Bridgewater Associates, LP 0.96% of their portfolio | 3.7m $244.1m | Reduced -75.3k |
| Sumitomo Mitsui Trust Group, Inc. 0.13% of their portfolio | 3.5m $232.7m | Added +44.3k |
| VICTORY CAPITAL MANAGEMENT INC 0.13% of their portfolio | 3.5m $228.8m | Added +91.3k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.16% of their portfolio | 3.3m $221.1m | Added +121.1k |
| ENVESTNET ASSET MANAGEMENT INC 0.06% of their portfolio | 3.2m $210.0m | Added +36.5k |
| PRUDENTIAL FINANCIAL INC 0.25% of their portfolio | 3.2m $208.6m | Added +1.4m |
| MILLENNIUM MANAGEMENT LLC 0.15% of their portfolio | 2.9m $193.5m | Added +978.6k |
| CITADEL ADVISORS LLC 0.15% of their portfolio | 2.9m $193.2m | Added +1.4m |
| CITIGROUP INC 0.13% of their portfolio | 2.8m $181.8m | Added +227.6k |
| Qube Research & Technologies Ltd 0.26% of their portfolio | 2.7m $180.8m | Added +54.7k |
| HighTower Advisors, LLC 0.20% of their portfolio | 2.7m $178.7m | Added +47.3k |
| RHUMBLINE ADVISERS 0.14% of their portfolio | 2.7m $178.5m | Added +49.8k |
| FRANKLIN RESOURCES INC 0.04% of their portfolio | 2.6m $172.7m | Added +13.8k |
| BANK OF MONTREAL /CAN/ 0.07% of their portfolio | 2.6m $171.7m | Added +300.0k |
| ASSETMARK, INC 0.36% of their portfolio | 2.6m $169.9m | Added +37.5k |
| BNP PARIBAS FINANCIAL MARKETS 0.13% of their portfolio | 2.5m $166.5m | Added +299.2k |
| Cullen Capital Management, LLC 1.79% of their portfolio | 2.5m $163.9m | Reduced -136.8k |
| TRUIST FINANCIAL CORP 0.22% of their portfolio | 2.5m $163.0m | Added +81.7k |
| WORLDQUANT MILLENNIUM ADVISORS LLC 0.62% of their portfolio | 2.2m $142.7m | Added +1.7m |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.83% of their portfolio | 2.1m $141.2m | Added +165.2k |
| VIRGINIA RETIREMENT SYSTEMS ET Al 0.91% of their portfolio | 2.1m $140.0m | Reduced -38.4k |
| ALLIANCEBERNSTEIN L.P. 0.04% of their portfolio | 2.1m $136.9m | Added +131.1k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.17% of their portfolio | 2.0m $135.2m | Reduced -52.5k |
| PNC Financial Services Group, Inc. 0.08% of their portfolio | 1.9m $125.4m | Added +157 |
| NATIONAL BANK OF CANADA /FI/ 0.14% of their portfolio | 1.9m $124.8m | Added +1.3m |
| PRINCIPAL FINANCIAL GROUP INC 0.06% of their portfolio | 1.9m $122.4m | Reduced -33.8k |
| RENAISSANCE TECHNOLOGIES LLC 0.16% of their portfolio | 1.8m $121.8m | Reduced -303.6k |
| Balyasny Asset Management L.P. 0.23% of their portfolio | 1.7m $114.5m | Added +1.7m |
| Railway Pension Investments Ltd 1.53% of their portfolio | 1.7m $113.3m | Unchanged |
| Mirae Asset Global Investments Co., Ltd. 0.36% of their portfolio | 1.7m $113.3m | Reduced -81.1k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.03% of their portfolio | 1.7m $112.8m | Added +11.5k |
| CAPITAL FUND MANAGEMENT S.A. 1.10% of their portfolio | 1.7m $110.1m | Added +377.7k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.18% of their portfolio | 1.6m $103.7m | Reduced -140.9k |
| ACADIAN ASSET MANAGEMENT LLC 0.18% of their portfolio | 1.6m $102.5m | Added +520.3k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.20% of their portfolio | 1.5m $102.4m | Reduced -91.8k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.16% of their portfolio | 1.5m $100.9m | Reduced -15.2k |
| Cetera Investment Advisers 0.12% of their portfolio | 1.5m $100.7m | Added +321.9k |
| OSAIC HOLDINGS, INC. 0.14% of their portfolio | 1.5m $101.3m | Added +129.0k |
| STIFEL FINANCIAL CORP 0.09% of their portfolio | 1.5m $97.1m | Added +2.2k |
| Russell Investments Group, Ltd. 0.11% of their portfolio | 1.4m $94.7m | Reduced -5.6k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.12% of their portfolio | 1.4m $94.7m | Reduced -163.9k |
| SEI INVESTMENTS CO 0.10% of their portfolio | 1.4m $92.7m | Reduced -68.4k |
| Freestone Grove Partners LP 0.67% of their portfolio | 1.4m $89.5m | New |
| Squarepoint Ops LLC 0.18% of their portfolio | 1.3m $85.4m | Added +1.2m |
| NATIXIS ADVISORS, LLC 0.12% of their portfolio | 1.2m $81.0m | Added +41.4k |
| Brandywine Global Investment Management, LLC 0.54% of their portfolio | 1.2m $78.1m | Added +84.2k |
| Assenagon Asset Management S.A. 0.10% of their portfolio | 1.1m $70.8m | Reduced -286.4k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.06% of their portfolio | 1.1m $70.4m | Reduced -1.6m |
| Mariner, LLC 0.09% of their portfolio | 1.1m $69.7m | Added +60.5k |
| RNC CAPITAL MANAGEMENT LLC 3.18% of their portfolio | 1.0m $69.2m | Reduced -10.4k |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.23% of their portfolio | 1.0m $69.1m | Added +317.3k |
| TEACHER RETIREMENT SYSTEM OF TEXAS 0.27% of their portfolio | 1.0m $67.4m | Reduced -56.4k |
| D. E. Shaw & Co., Inc. 0.05% of their portfolio | 981.0k $64.8m | Reduced -66.7k |
| Amundi 0.02% of their portfolio | 976.2k $63.8m | Added +73.8k |
| MACQUARIE GROUP LTD 0.07% of their portfolio | 954.1k $63.0m | Reduced -659 |
| Sanctuary Advisors, LLC 0.18% of their portfolio | 951.9k $60.2m | Added +457.4k |
| Korea Investment CORP 0.13% of their portfolio | 924.3k $61.1m | Reduced -328.4k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.14% of their portfolio | 920.8k $60.8m | Reduced -15.2k |