Renaissance Technologies's PM Position Overview
Renaissance Technologies (via Renaissance Technologies LLC) currently holds 150,900 shares of Philip Morris International Inc. (PM) worth $24.2 M, representing 0.04% of the portfolio. First purchased in 2013-Q2, this long-term strategic position has been held for 46 quarters.
Based on 13F filings since 2013, Renaissance Technologies has maintained a long-term strategic position in PM, representing a significant commitment to this investment thesis. Largest addition occurred in Q4 2017, adding 2.78 M shares. Largest reduction occurred in Q3 2019, reducing 3.23 M shares.
Analysis based on 13F filings available since 2013 Q2
Renaissance Technologies's Philip Morris International (PM) Holding Value Over Time
Track share changes against reported price movement
Quarterly Philip Morris International (PM) Trades by Renaissance Technologies
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q2 2013 | +3.08 M | Add 0.00% | 3.08 M | $86.62 |
| Q3 2013 | +484,800 | Add 15.74% | 3.57 M | $86.59 |
| Q4 2013 | -587,800 | Reduce 16.49% | 2.98 M | $87.13 |
| Q1 2014 | +87,793 | Add 2.95% | 3.07 M | $81.87 |
| Q2 2014 | -808,893 | Reduce 26.39% | 2.26 M | $84.31 |
| Q3 2014 | -1 M | Reduce 44.36% | 1.26 M | $83.40 |
| Q4 2014 | +1.3 M | Add 103.17% | 2.55 M | $81.45 |
| Q1 2015 | -823,907 | Reduce 32.30% | 1.73 M | $75.33 |
| Q2 2015 | -504,493 | Reduce 29.21% | 1.22 M | $80.17 |
| Q3 2015 | -1.15 M | Reduce 93.74% | 76,500 | $79.33 |
| Q4 2015 | +321,300 | Add 420.00% | 397,800 | $87.91 |
| Q1 2016 | +406,700 | Add 102.24% | 804,500 | $98.11 |
| Q2 2016 | -804,500 | Sold Out | 0 | $0.00 |
| Q3 2016 | +12,000 | New Buy | 12,000 | $97.25 |
| Q4 2016 | +713,600 | Add 5946.67% | 725,600 | $91.49 |
| Q1 2017 | +1.2 M | Add 165.56% | 1.93 M | $112.90 |
| Q2 2017 | +1.14 M | Add 59.16% | 3.07 M | $117.45 |
| Q3 2017 | -93,000 | Reduce 3.03% | 2.97 M | $111.01 |
| Q4 2017 | +2.78 M | Add 93.46% | 5.75 M | $105.65 |
| Q1 2018 | -1.11 M | Reduce 19.31% | 4.64 M | $99.40 |
| Q2 2018 | -1.53 M | Reduce 33.02% | 3.11 M | $80.74 |
| Q3 2018 | -2.42 M | Reduce 77.97% | 685,000 | $81.54 |
| Q4 2018 | +1.1 M | Add 161.23% | 1.79 M | $66.76 |
| Q1 2019 | +403,843 | Add 22.57% | 2.19 M | $88.39 |
| Q2 2019 | +1.47 M | Add 67.02% | 3.66 M | $78.53 |
| Q3 2019 | -3.23 M | Reduce 88.29% | 429,000 | $75.93 |
| Q4 2019 | -429,000 | Sold Out | 0 | $0.00 |
| Q1 2020 | +511,400 | New Buy | 511,400 | $72.96 |
| Q2 2020 | -209,200 | Reduce 40.91% | 302,200 | $70.06 |
| Q3 2020 | -302,200 | Sold Out | 0 | $0.00 |
| Q1 2021 | +2.2 M | New Buy | 2.2 M | $88.74 |
| Q2 2021 | -2.2 M | Reduce 99.89% | 2,400 | $99.17 |
| Q3 2021 | +290,500 | Add 12104.17% | 292,900 | $94.79 |
| Q4 2021 | +893,000 | Add 304.88% | 1.19 M | $95.00 |
| Q1 2022 | +1.45 M | Add 121.98% | 2.63 M | $93.94 |
| Q2 2022 | -905,600 | Reduce 34.40% | 1.73 M | $98.74 |
| Q3 2022 | +466,833 | Add 27.03% | 2.19 M | $83.01 |
| Q4 2022 | -724,300 | Reduce 33.02% | 1.47 M | $0.10 |
| Q1 2023 | -442,600 | Reduce 30.12% | 1.03 M | $0.10 |
| Q2 2023 | -935,200 | Reduce 91.08% | 91,600 | $0.10 |
| Q3 2023 | -91,600 | Sold Out | 0 | $0.00 |
| Q4 2024 | +128,900 | New Buy | 128,900 | $120.35 |
| Q1 2025 | +87,600 | Add 67.96% | 216,500 | $158.73 |
| Q2 2025 | -150,100 | Reduce 69.33% | 66,400 | $182.13 |
| Q3 2025 | -66,400 | Sold Out | 0 | $0.00 |
| Q4 2025 | +150,900 | New Buy | 150,900 | $160.40 |
Renaissance Technologies's Philip Morris International Investment FAQs
Renaissance Technologies first purchased Philip Morris International Inc. (PM) in Q2 2013, acquiring 3,080,700 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Renaissance Technologies has held Philip Morris International Inc. (PM) for 46 quarters since Q2 2013.
Renaissance Technologies's largest addition to Philip Morris International Inc. (PM) was in Q2 2013, adding 3,080,700 shares worth $266.85 M.
According to the latest 13F filing for Q4 2025, Renaissance Technologies's firm, Renaissance Technologies LLC, owns 150,900 shares of Philip Morris International Inc. (PM), valued at approximately $24.2 M.
As of the Q4 2025 filing, Philip Morris International Inc. (PM) represents approximately 0.04% of Renaissance Technologies's publicly disclosed stock portfolio, making it one of their key holdings.
Renaissance Technologies's peak holding in Philip Morris International Inc. (PM) was 5,753,131 shares, as reported at the end of Q4 2017.