Fundsmith (Terry Smith) — PM Trade History
Quarter-by-quarter changes in the PHILIP MORRIS INTL INC position · CUSIP 718172109
Currently held · >10 YearsFirst seen: 2016 Q3
| Quarter | Filed | Activity | Shares | Δ Shares | Δ % | Value | % Port. |
|---|---|---|---|---|---|---|---|
| 2026 Q2 | 2026-08-14 | Reduce | 2,913,693 | -2,199,470 | -43.0% | $527.1M | 3.86% |
| 2026 Q1 | 2026-05-15 | Reduce | 5,113,163 | -1,011,434 | -16.5% | $845.4M | 6.59% |
| 2025 Q4 | 2026-02-17 | Reduce | 6,124,597 | -1,063,547 | -14.8% | $982.4M | 5.74% |
| 2025 Q3 | 2025-11-14 | Reduce | 7,188,144 | -1,886,051 | -20.8% | $1.17B | 5.89% |
| 2025 Q2 | 2025-08-14 | Reduce | 9,074,195 | -1,731,697 | -16.0% | $1.65B | 7.18% |
| 2025 Q1 | 2025-05-15 | Reduce | 10,805,892 | -439,283 | -3.9% | $1.72B | 7.80% |
| 2024 Q4 | 2025-02-14 | Reduce | 11,245,175 | -767,484 | -6.4% | $1.35B | 5.77% |
| 2024 Q3 | 2024-11-14 | Reduce | 12,012,659 | -2,461,786 | -17.0% | $1.46B | 5.77% |
| 2024 Q2 | 2024-08-14 | Reduce | 14,474,445 | -347,792 | -2.3% | $1.47B | 5.98% |
| 2024 Q1 | 2024-05-15 | Reduce | 14,822,237 | -215,420 | -1.4% | $1.36B | 5.32% |
| 2023 Q4 | 2024-02-14 | Reduce | 15,037,657 | -26,879 | -0.2% | $1.41B | 5.92% |
| 2023 Q3 | 2023-11-14 | Reduce | 15,064,536 | -720,380 | -4.6% | $1.39B | 6.34% |
| 2023 Q2 | 2023-08-14 | Reduce | 15,784,916 | -678,947 | -4.1% | $1.54B | 6.46% |
| 2023 Q1 | 2023-05-15 | Reduce | 16,463,863 | -12,225 | -0.1% | $1.60B | 6.91% |
| 2022 Q4 | 2023-02-14 | Reduce | 16,476,088 | -12,979 | -0.1% | $1.67B | 7.62% |
| 2022 Q3 | 2022-11-14 | Add | 16,489,067 | 10,642 | +0.1% | $1.37B | 6.50% |
| 2022 Q2 | 2022-08-15 | Add | 16,478,425 | 21,134 | +0.1% | $1.63B | 7.18% |
| 2022 Q1 | 2022-05-16 | Reduce | 16,457,291 | -3,966,136 | -19.4% | $1.55B | 5.31% |
| 2021 Q4 | 2022-02-14 | Add | 20,423,427 | 1,069,807 | +5.5% | $1.94B | 4.73% |
| 2021 Q3 | 2021-11-12 | Hold | 19,353,620 | — | 0.0% | $1.83B | 5.07% |
| 2021 Q2 | 2021-08-13 | Reduce | 19,353,620 | -34,952 | -0.2% | $1.92B | 5.32% |
| 2021 Q1 | 2021-05-14 | Reduce | 19,388,572 | -79,369 | -0.4% | $1.72B | 5.47% |
| 2020 Q4 | 2021-02-12 | Reduce | 19,467,941 | -35,374 | -0.2% | $1.61B | 5.34% |
| 2020 Q3 | 2020-11-12 | Add | 19,503,315 | 127,460 | +0.7% | $1.46B | 5.71% |
| 2020 Q2 | 2020-08-12 | Add | 19,375,855 | 2,352,902 | +13.8% | $1.36B | 5.92% |
| 2020 Q1 | 2020-05-14 | Add | 17,022,953 | 123,717 | +0.7% | $1.24B | 6.99% |
| 2019 Q4 | 2020-02-13 | Reduce | 16,899,236 | -29,347 | -0.2% | $1.44B | 6.79% |
| 2019 Q3 | 2019-11-12 | Add | 16,928,583 | 1,660,076 | +10.9% | $1.29B | 6.57% |
| 2019 Q2 | 2019-08-09 | Add | 15,268,507 | 1,953,131 | +14.7% | $1.20B | 6.25% |
| 2019 Q1 | 2019-05-13 | Add | 13,315,376 | 1,007,253 | +8.2% | $1.18B | 6.69% |
| 2018 Q4 | 2019-02-14 | Reduce | 12,308,123 | -101,244 | -0.8% | $1.00B | 6.43% |
| 2018 Q3 | 2018-11-09 | Add | 12,409,367 | 1,934,219 | +18.5% | $1.01B | 6.79% |
| 2018 Q2 | 2018-08-22 | Add | 10,475,148 | 1,566,361 | +17.6% | $845.8M | 6.29% |
| 2018 Q1 | 2018-04-30 | Add | 8,908,787 | 1,401,190 | +18.7% | $885.5M | 7.30% |
| 2017 Q4 | 2018-02-13 | Add | 7,507,597 | 1,255,808 | +20.1% | $793.2M | 6.80% |
| 2017 Q3 | 2017-11-14 | Add | 6,251,789 | 1,010,877 | +19.3% | $698.9M | 6.77% |
| 2017 Q2 | 2017-08-14 | Add | 5,240,912 | 79,106 | +1.5% | $615.5M | 6.45% |
| 2017 Q1 | 2017-05-05 | Add | 5,161,806 | 8,735 | +0.2% | $582.8M | 6.77% |
| 2016 Q4 | 2017-02-13 | Add | 5,153,071 | 187,023 | +3.8% | $472.7M | 6.22% |
| 2016 Q3 | 2016-11-14 | New | 4,966,048 | 4,966,048 | — | $482.8M | 6.60% |
Share counts are split-adjusted. Time held counts consecutive quarters ending with the latest filing; more than ten years shows as ">10 Years".
13F data shows quarter-end positions, is delayed by up to 45 days and covers only long positions in US-listed securities; short positions, most derivatives and non-US assets are not reported.