PHILIP MORRIS INTL INC (PM) — Hedge Fund Ownership Q1 2026
PM
- PHILIP MORRIS INTL INC (PM) is held by 9 of 82 tracked hedge funds, with Gardner Russo & Quinn (9%) and Fundsmith (7%) holding the largest stakes, indicating moderate hedge fund interest relative to peers.
- The biggest increases in PM holdings came from First Eagle Investment Management (+1%), highlighting conviction.
- The biggest decreases in PM holdings came from Maverick Capital (-74%) and Fundsmith (-17%), suggesting profit-taking or de-risking.
- 2 hedge funds exited PM, led by Lone Pine Capital (3%).
- Overall, hedge funds decreased exposure to PHILIP MORRIS INTL INC (PM) by -25% vs the prior quarter and -47% vs prior year.
| # | Fund | % of Portfolio † | Shares † | Shares vs Prior Quarter † | Shares vs Prior Year † | Aggregate Value † | Reported Price * | Option |
|---|---|---|---|---|---|---|---|---|
| 1 |
Gardner Russo & Quinn Thomas Russo
|
8.96% | 4.6M | -1.97% | -8.20% | $761.4M | $165.34 | — |
| 2 |
Fundsmith
|
6.59% | 5.1M | -16.51% | -52.68% | $845.4M | $165.34 | — |
| 3 |
First Eagle Investment Management
|
1.65% | 5.9M | +1.45% | -34.41% | $974.3M | $165.34 | — |
| 4 |
Maverick Capital Lee Ainslie
|
1.09% | 567K | -73.94% | -63.03% | $93.8M | $165.34 | — |
| 5 |
Markel Group Tom Gayner
|
0.16% | 114K | — | — | $18.9M | $165.34 | — |
| 6 |
Semper Augustus Investments Group Christopher Bloomstran
|
0.03% | 2K | NEW | — | $291,329 | $165.34 | — |
| 7 |
Yacktman Asset Management Donald Yacktman
|
0.01% | 6K | -6.35% | -19.19% | $975,506 | $165.34 | — |
| 8 |
Mairs & Power
|
0.00% | 3K | -4.23% | -2.42% | $419,468 | $165.34 | — |
| 9 |
Dodge & Cox
|
0.00% | 16K | -2.94% | -2.94% | $2.7M | $165.34 | — |
| — |
Duquesne Family Office
|
— | — | EXITED | — | — | — | — |
| — |
Lone Pine Capital Stephen Mandel
|
— | — | EXITED | — | — | — | — |
| 9 | Total | — | 16.3M | -24.66% | -46.67% | $2.70B | — | — |
* Reported price is not an actual purchase or sale price. It is the price as of the last portfolio date.
† Portfolio value, share counts, and period-over-period changes exclude options positions (PUT/CALL), which are shown in the Option column for reference only.
† Portfolio value, share counts, and period-over-period changes exclude options positions (PUT/CALL), which are shown in the Option column for reference only.