Joel Greenblatt's PM Position Overview
Joel Greenblatt (via Gotham Asset Management, LLC) currently holds 130,598 shares of Philip Morris International Inc. (PM) worth $21.18 M, representing 0.09% of the portfolio. First purchased in 2013-Q2, this long-term strategic position has been held for 50 quarters.
Based on 13F filings since 2013, Joel Greenblatt has maintained a long-term strategic position in PM, representing a significant commitment to this investment thesis. Largest addition occurred in Q3 2015, adding 545,390 shares. Largest reduction occurred in Q2 2015, reducing 530,257 shares.
Analysis based on 13F filings available since 2013 Q2
Joel Greenblatt's Philip Morris International (PM) Holding Value Over Time
Track share changes against reported price movement
Quarterly Philip Morris International (PM) Trades by Joel Greenblatt
| Period | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q2 2013 | +7,865 | Add 0.00% | 7,864 | $86.60 |
| Q3 2013 | +29,221 | Add 371.58% | 37,085 | $86.58 |
| Q4 2013 | +111,402 | Add 300.40% | 148,487 | $87.13 |
| Q1 2014 | +247,106 | Add 166.42% | 395,593 | $81.87 |
| Q2 2014 | -229,972 | Reduce 58.13% | 165,621 | $84.31 |
| Q3 2014 | +490,796 | Add 296.34% | 656,417 | $83.40 |
| Q4 2014 | +257,167 | Add 39.18% | 913,584 | $81.45 |
| Q1 2015 | -224,968 | Reduce 24.62% | 688,616 | $75.33 |
| Q2 2015 | -530,257 | Reduce 77.00% | 158,359 | $80.17 |
| Q3 2015 | +545,390 | Add 344.40% | 703,749 | $79.33 |
| Q4 2015 | -436,857 | Reduce 62.08% | 266,892 | $87.91 |
| Q1 2016 | -221,577 | Reduce 83.02% | 45,315 | $98.11 |
| Q2 2016 | -45,315 | Sold Out | 45,315 | $0.00 |
| Q4 2016 | +458,877 | New Buy | 458,877 | $91.49 |
| Q1 2017 | -325,574 | Reduce 70.95% | 133,303 | $112.90 |
| Q2 2017 | -118,178 | Reduce 88.65% | 15,125 | $117.42 |
| Q3 2017 | +28,642 | Add 189.37% | 43,767 | $111.02 |
| Q4 2017 | +164,009 | Add 374.73% | 207,776 | $105.65 |
| Q1 2018 | +47,401 | Add 22.81% | 255,177 | $99.40 |
| Q2 2018 | +384,270 | Add 150.59% | 639,447 | $80.74 |
| Q3 2018 | +51,769 | Add 8.10% | 691,216 | $81.54 |
| Q4 2018 | -75,179 | Reduce 10.88% | 616,037 | $66.76 |
| Q1 2019 | -351,373 | Reduce 57.04% | 264,664 | $88.39 |
| Q2 2019 | -50,082 | Reduce 18.92% | 214,582 | $78.53 |
| Q3 2019 | +152,043 | Add 70.86% | 366,625 | $75.93 |
| Q4 2019 | +43,734 | Add 11.93% | 410,359 | $85.09 |
| Q1 2020 | -314,957 | Reduce 76.75% | 95,402 | $72.96 |
| Q2 2020 | -4,700 | Reduce 4.93% | 90,702 | $70.06 |
| Q3 2020 | -14,832 | Reduce 16.35% | 75,870 | $74.98 |
| Q4 2020 | +7,212 | Add 9.51% | 83,082 | $82.79 |
| Q1 2021 | -5,432 | Reduce 6.54% | 77,650 | $88.74 |
| Q2 2021 | -11,331 | Reduce 14.59% | 66,319 | $99.11 |
| Q3 2021 | +16,321 | Add 24.61% | 82,640 | $94.78 |
| Q4 2021 | +19,683 | Add 23.82% | 102,323 | $95.00 |
| Q1 2022 | +33,698 | Add 32.93% | 136,021 | $93.94 |
| Q2 2022 | -49,441 | Reduce 36.35% | 86,580 | $98.74 |
| Q3 2022 | -7,783 | Reduce 8.99% | 78,797 | $83.01 |
| Q4 2022 | -28,256 | Reduce 35.86% | 50,541 | $101.21 |
| Q1 2023 | +3,252 | Add 6.43% | 53,793 | $97.25 |
| Q2 2023 | -17,037 | Reduce 31.67% | 36,756 | $97.62 |
| Q3 2023 | +51,571 | Add 140.31% | 88,327 | $92.58 |
| Q4 2023 | +4,851 | Add 5.49% | 93,178 | $94.08 |
| Q1 2024 | +13,616 | Add 14.61% | 106,794 | $91.62 |
| Q2 2024 | +3,363 | Add 3.15% | 110,157 | $101.33 |
| Q3 2024 | +8,614 | Add 7.82% | 118,771 | $121.40 |
| Q4 2024 | -5,185 | Reduce 4.37% | 113,586 | $120.35 |
| Q1 2025 | -27,930 | Reduce 24.59% | 85,656 | $158.73 |
| Q2 2025 | -8,049 | Reduce 9.40% | 77,607 | $182.13 |
| Q3 2025 | +52,991 | Add 68.28% | 130,598 | $162.20 |
Joel Greenblatt's Philip Morris International Investment FAQs
Joel Greenblatt first purchased Philip Morris International Inc. (PM) in Q2 2013, acquiring 7,864 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Joel Greenblatt has held Philip Morris International Inc. (PM) for 50 quarters since Q2 2013. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Joel Greenblatt's largest addition to Philip Morris International Inc. (PM) was in Q3 2015, adding 703,749 shares worth $55.83 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
According to the latest 13F filing for Q3 2025, Joel Greenblatt's firm, Gotham Asset Management, LLC, owns 130,598 shares of Philip Morris International Inc. (PM), valued at approximately $21.18 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
As of the Q3 2025 filing, Philip Morris International Inc. (PM) represents approximately 0.09% of Joel Greenblatt's publicly disclosed stock portfolio, making it one of their key holdings. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Joel Greenblatt's peak holding in Philip Morris International Inc. (PM) was 913,584 shares, as reported at the end of Q4 2014. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.