PM
Philip Morris International
11 super-investors hold PM worth a combined $2.22B. The largest position: Thomas Russo at 9.0% of their portfolio. This quarter the cohort logged 1 buy and 2 sells on the name. Cohort Conviction Score: 42 — ranked #102 of 724 scored stocks. Conviction easing: 1 fewer super-investor hold it than in 2025Q4.
Why super-investors own PM
Two exits and one new entry in 2026Q1 leave the cohort count at 11 — though the eight-quarter trend, which has oscillated between 3 and 4 for most of that stretch before a recent expansion, suggests ownership has been quietly broadening. Stanley Druckenmiller and Stephen Mandel both exited entirely this quarter, while Christopher Bloomstran initiated a new position. The dominant holder remains Thomas Russo, whose $761M stake represents 9.0% of his portfolio — the kind of long-duration, compounding-through-reinvestment thesis Russo has articulated publicly for years. Terry Smith holds a similarly high-conviction 6.3%. First Eagle's $974M position is the largest in dollar terms but just 1.3% of their diversified book. Net sentiment is mixed: two significant traders out, one value-oriented name in.
AI-synthesized from 13F filings. Not investment advice.
Cohort owners over time
2016Q2 → 2026Q1How many of the cohort members held this stock each quarter.
Owners (11) · click any column to sort
| #↑ | Manager | % Port. | History | Value | Shares |
|---|---|---|---|---|---|
| 1 | First Eagle Investment Management | 1.3% | 39q | $974M | 5,892,458 |
| 2 | Thomas Russo | 9.0% | 40q | $761M | 4,605,069 |
| 3 | Terry Smith | 6.3% | 17q | $277M | 1,677,719 |
| 4 | Lee Ainslie | 1.1% | 26q | $94M | 567,250 |
| 5 | Joel Greenblatt | 0.1% | 40q | $90M | 545,207 |
| 6 | Thomas Gayner | 0.2% | 40q | $19M | 114,500 |
| 7 | Dodge & Cox Funds | <0.1% | 40q | $3M | 16,500 |
| 8 | Yacktman Asset Management | <0.1% | 40q | $976K | 5,900 |
| 9 | Bill Nygren | <0.1% | 40q | $843K | 5,099 |
| 10 | Mairs & Power Funds | <0.1% | 40q | $419K | 2,537 |
| 11 | Christopher Bloomstran | <0.1% | — 1q | $291K | 1,762 |
- 1First Eagle Investment Managementport1.3%val$974M5,892,458 sh·39q held
- 2Thomas Russoport9.0%val$761M4,605,069 sh·40q held
- 3Terry Smithport6.3%val$277M1,677,719 sh·17q held
- 4Lee Ainslieport1.1%val$94M567,250 sh·26q held
- 5Joel Greenblattport0.1%val$90M545,207 sh·40q held
- 6Thomas Gaynerport0.2%val$19M114,500 sh·40q held
- 7Dodge & Cox Fundsport<0.1%val$3M16,500 sh·40q held
- 8Yacktman Asset Managementport<0.1%val$976K5,900 sh·40q held
- 9Bill Nygrenport<0.1%val$843K5,099 sh·40q held
- 10Mairs & Power Fundsport<0.1%val$419K2,537 sh·40q held
- 11Christopher Bloomstranport<0.1%val$291K1,762 sh·—1q held
Owners of PM also hold
Recent activity (3)
| Manager | Move | % Port. | Δ Shares | Value | Filed |
|---|---|---|---|---|---|
| Christopher Bloomstran | NEW | <0.1% | +100% | $291K | May 15, 2026 |
| Stanley Druckenmiller | EXIT | 0.3% | -100% | $0 | May 15, 2026 |
| Stephen Mandel | EXIT | 3.1% | -100% | $0 | May 15, 2026 |
Long US equity 13F-HR filings only. CUSIP 718172109. Not investment advice.