PHILIP MORRIS INTL INC (PM) — Hedge Fund Ownership Q4 2025
PM
- PHILIP MORRIS INTL INC (PM) is held by 10 of 81 tracked hedge funds, with Gardner Russo & Quinn (8%) and Fundsmith (6%) holding the largest stakes, indicating moderate hedge fund interest relative to peers.
- The biggest increases in PM holdings came from Maverick Capital (+34%) and Gardner Russo & Quinn (+1%), highlighting conviction.
- The biggest decreases in PM holdings came from Lone Pine Capital (-43%) and Fundsmith (-15%), suggesting profit-taking or de-risking.
- 1 hedge fund exited PM, led by Viking Global Investors (2%).
- 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
|
8.13% | 4.7M | +0.76% | -9.49% | $753.5M | $160.40 | — |
| 2 |
Fundsmith
|
5.74% | 6.1M | -14.80% | -45.54% | $982.4M | $160.40 | — |
| 3 |
Maverick Capital Lee Ainslie
|
3.75% | 2.2M | +34.21% | +2.73% | $349.2M | $160.40 | — |
| 4 |
Lone Pine Capital Stephen Mandel
|
3.12% | 2.6M | -42.71% | -59.13% | $424.0M | $160.40 | — |
| 5 |
First Eagle Investment Management
|
1.64% | 5.8M | -5.12% | -38.84% | $931.6M | $160.40 | — |
| 6 |
Duquesne Family Office
|
0.26% | 67K | NEW | -95.02% | $10.8M | $160.40 | — |
| 7 |
Markel Group Tom Gayner
|
0.15% | 114K | — | — | $18.4M | $160.40 | — |
| 8 |
Yacktman Asset Management Donald Yacktman
|
0.01% | 6K | — | -13.71% | $1.0M | $160.40 | — |
| 9 |
Mairs & Power
|
0.00% | 3K | +0.30% | -13.83% | $424,900 | $160.40 | — |
| 10 |
Dodge & Cox
|
0.00% | 17K | — | — | $2.7M | $160.40 | — |
| — |
Viking Global Investors Andreas Halvorsen
|
— | — | EXITED | — | — | — | — |
| 10 | Total | — | 21.7M | -24.96% | -47.30% | $3.47B | — | — |
* 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.