PM
Philip Morris International Inc
Philip Morris International Inc historical holders
total: 16
Lone Pine Capital Philip Morris International Inc transactions over time
- Total transactions:
- 9
- New positions:
- 1
- Sold out:
- 1
- Added:
- 3
- Reduced:
- 4
- Held since:
- 2023 Q4
- Held for:
- 9 quarters
- Latest activity:
- 2026 Q1
Stephen Mandel has been an institutional investor in Philip Morris International Inc (PM) since 2023 Q4. According to 2026 Q1 report, Stephen Mandel doesn't hold any shares. The fund/company first acquired PM in 2023 Q4, initially purchasing about 3.01M shares. Since the initial investment, Lone Pine Capital has made 8 more transactions in this position.
When did Stephen Mandel exit their PM position?
Stephen Mandel no longer holds Philip Morris International Inc (PM). They sold off their entire position in 2026 Q1, closing out an investment that began in 2023 Q4.
When did Stephen Mandel first invest in PM?
Stephen Mandel first invested in Philip Morris International Inc (PM) in 2023 Q4 at the reported quarter-end price of $94.08 per share, acquiring 3,005,791 shares in their initial purchase.
What is Stephen Mandel's average cost basis for PM?
Based on historical transaction data, Stephen Mandel's estimated cost basis for Philip Morris International Inc (PM) is approximately $110.22 per share. This represents their average reported price* across all buy transactions.
Estimated cost basis*
- Weighted AVG buy price:
- $110.22
- Weighted AVG sell price:
- $152.24
PM transactions history by Lone Pine Capital
9 results
| Period |
% of portfolio |
Shares held after* |
Reported price* |
Value* |
% (shares) of activity |
% change to portfolio |
|---|---|---|---|---|---|---|
|
2026 Q1
|
0.00%
|
0
|
$160.40
|
|
-100% (-2,643,579)
|
-3.12%
|
|
2025 Q4
|
3.12%
|
2,643,579
|
$160.40
|
$424,030,072
|
-42.71% (-1,970,864)
|
-2.3%
|
|
2025 Q3
|
5.45%
|
4,614,443
|
$162.20
|
$748,462,655
|
+67.33% (+1,856,749)
|
+2.19%
|
|
2025 Q2
|
3.64%
|
2,757,694
|
$182.13
|
$502,258,808
|
-8.34% (-250,848)
|
-0.4%
|
|
2025 Q1
|
4.18%
|
3,008,542
|
$158.73
|
$477,545,872
|
-53.49% (-3,459,830)
|
-4.08%
|
|
2024 Q4
|
5.78%
|
6,468,372
|
$120.35
|
$778,468,570
|
+44.36% (+1,987,716)
|
+1.78%
|
|
2024 Q3
|
4.06%
|
4,480,656
|
$121.40
|
$543,951,638
|
-32.84% (-2,190,473)
|
-2.16%
|
|
2024 Q1
|
4.82%
|
6,671,129
|
$91.62
|
$611,208,839
|
+121.94% (+3,665,338)
|
+2.65%
|
|
2023 Q4
|
2.45%
|
3,005,791
|
$94.08
|
$282,784,817
|
new
|
+2.45%
|
* Shares, change to shares, sold shares, shares held after: split-adjusted.
* Reported price: this doesn't represent the actual buy or sell price. It is the split-adjusted price of the security as of the last day of the reported period.
If the security is completely sold out, we show the reported split-adjusted price prior to the actual period.
If the security is completely sold out, we show the reported split-adjusted price prior to the actual period.
* Estimated cost basis: based on "Reported price*" (not earlier than 2013 Q2). Calculation starts from the latest "new buy" activity to the latest "close out" activity (if any).
* Value or Price: If the security is completely sold out, we show the reported value (or price) prior to the actual period.
* New buy or own: this means there is no earlier reporting (for us or in general). So we can't know if the actual purchase of the security happened at the reported period or earlier.