First Eagle Investment's PM Position Overview
First Eagle Investment (via First Eagle Investment Management, LLC) currently holds 5.81 M shares of Philip Morris International Inc. (PM) worth $931.62 M, representing 1.64% of the portfolio. First purchased in 2013-Q2, this long-term strategic position has been held for 51 quarters.
Based on 13F filings since 2013, First Eagle Investment has maintained a long-term strategic position in PM, representing a significant commitment to this investment thesis. Largest addition occurred in Q2 2018, adding 5.62 M shares. Largest reduction occurred in Q4 2020, reducing 2.29 M shares.
Analysis based on 13F filings available since 2013 Q2
First Eagle Investment's Philip Morris International (PM) Holding Value Over Time
Track share changes against reported price movement
Quarterly Philip Morris International (PM) Trades by First Eagle Investment
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2025 | -313,225 | Reduce 5.12% | 5.81 M | $160.40 |
| Q3 2025 | -1.01 M | Reduce 14.17% | 6.12 M | $162.20 |
| Q2 2025 | -1.85 M | Reduce 20.62% | 7.13 M | $182.13 |
| Q1 2025 | -512,091 | Reduce 5.39% | 8.98 M | $158.73 |
| Q4 2024 | -1.18 M | Reduce 11.02% | 9.5 M | $120.35 |
| Q3 2024 | +17,228 | Add 0.16% | 10.67 M | $121.40 |
| Q2 2024 | +736,961 | Add 7.43% | 10.66 M | $101.33 |
| Q1 2024 | +902,557 | Add 10.01% | 9.92 M | $91.62 |
| Q4 2023 | -31,744 | Reduce 0.35% | 9.02 M | $94.08 |
| Q3 2023 | -48,699 | Reduce 0.54% | 9.05 M | $92.58 |
| Q2 2023 | -39,774 | Reduce 0.44% | 9.1 M | $97.62 |
| Q1 2023 | +28,061 | Add 0.31% | 9.14 M | $97.25 |
| Q4 2022 | -642,725 | Reduce 6.59% | 9.11 M | $101.21 |
| Q3 2022 | +65,049 | Add 0.67% | 9.75 M | $83.01 |
| Q2 2022 | +24,583 | Add 0.25% | 9.69 M | $98.74 |
| Q1 2022 | -795,677 | Reduce 7.61% | 9.66 M | $93.94 |
| Q4 2021 | -64,541 | Reduce 0.61% | 10.46 M | $95.00 |
| Q3 2021 | +65,488 | Add 0.63% | 10.52 M | $94.79 |
| Q2 2021 | -4,971 | Reduce 0.05% | 10.46 M | $99.11 |
| Q1 2021 | +32,884 | Add 0.32% | 10.46 M | $88.74 |
| Q4 2020 | -2.29 M | Reduce 17.99% | 10.43 M | $82.79 |
| Q3 2020 | -182,719 | Reduce 1.42% | 12.72 M | $74.99 |
| Q2 2020 | +341,773 | Add 2.72% | 12.9 M | $70.06 |
| Q1 2020 | +257,961 | Add 2.10% | 12.56 M | $72.96 |
| Q4 2019 | -148,665 | Reduce 1.19% | 12.3 M | $85.09 |
| Q3 2019 | +707,821 | Add 6.03% | 12.45 M | $75.93 |
| Q2 2019 | -22,150 | Reduce 0.19% | 11.74 M | $78.53 |
| Q1 2019 | +53,686 | Add 0.46% | 11.76 M | $88.39 |
| Q4 2018 | +3.94 M | Add 50.79% | 11.71 M | $66.76 |
| Q3 2018 | +2.14 M | Add 38.11% | 7.76 M | $81.54 |
| Q2 2018 | +5.62 M | New Buy | 5.62 M | $80.74 |
| Q1 2018 | -13,000 | Sold Out | 0 | $0.00 |
| Q1 2016 | -800 | Reduce 5.80% | 13,000 | $98.08 |
| Q4 2015 | +5,000 | Add 56.82% | 13,800 | $87.90 |
| Q3 2015 | -5,000 | Reduce 36.23% | 8,800 | $79.32 |
| Q3 2014 | -20,500 | Reduce 59.77% | 13,800 | $83.41 |
| Q2 2014 | -17,000 | Reduce 33.14% | 34,300 | $84.31 |
| Q1 2014 | +38,300 | Add 294.62% | 51,300 | $81.87 |
| Q4 2013 | -27,000 | Reduce 67.50% | 13,000 | $87.15 |
| Q2 2013 | +40,000 | Add 0.00% | 40,000 | $86.62 |
First Eagle Investment's Philip Morris International Investment FAQs
First Eagle Investment first purchased Philip Morris International Inc. (PM) in Q2 2013, acquiring 40,000 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
First Eagle Investment has held Philip Morris International Inc. (PM) for 51 quarters since Q2 2013.
First Eagle Investment's largest addition to Philip Morris International Inc. (PM) was in Q2 2018, adding 5,621,843 shares worth $453.91 M.
According to the latest 13F filing for Q4 2025, First Eagle Investment's firm, First Eagle Investment Management, LLC, owns 5,808,120 shares of Philip Morris International Inc. (PM), valued at approximately $931.62 M.
As of the Q4 2025 filing, Philip Morris International Inc. (PM) represents approximately 1.64% of First Eagle Investment's publicly disclosed stock portfolio, making it one of their key holdings.
First Eagle Investment's peak holding in Philip Morris International Inc. (PM) was 12,898,497 shares, as reported at the end of Q2 2020.