Steve Mandel's PM Position Overview
Steve Mandel (via Lone Pine Capital LLC) currently holds 4.61 M shares of Philip Morris International Inc. (PM) worth $748.46 M, representing 5.45% of the portfolio. First purchased in 2023-Q4, this short-term holding has been held for 8 quarters.
Based on 13F filings, Steve Mandel has maintained this position in PM for several quarters, showing initial confidence in the investment. Largest addition occurred in Q1 2024, adding 3.67 M shares. Largest reduction occurred in Q1 2025, reducing 3.46 M shares.
Analysis based on 13F filings available since 2013 Q2
Steve Mandel's Philip Morris International (PM) Holding Value Over Time
Track share changes against reported price movement
Quarterly Philip Morris International (PM) Trades by Steve Mandel
| Period | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2023 | +3.01 M | New Buy | 3.01 M | $94.08 |
| Q1 2024 | +3.67 M | Add 121.94% | 6.67 M | $91.62 |
| Q3 2024 | -2.19 M | Reduce 32.84% | 4.48 M | $121.40 |
| Q4 2024 | +1.99 M | Add 44.36% | 6.47 M | $120.35 |
| Q1 2025 | -3.46 M | Reduce 53.49% | 3.01 M | $158.73 |
| Q2 2025 | -250,848 | Reduce 8.34% | 2.76 M | $182.13 |
| Q3 2025 | +1.86 M | Add 67.33% | 4.61 M | $162.20 |
Steve Mandel's Philip Morris International Investment FAQs
Steve Mandel first purchased Philip Morris International Inc. (PM) in Q4 2023, acquiring 3,005,791 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Steve Mandel has held Philip Morris International Inc. (PM) for 8 quarters since Q4 2023. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Steve Mandel's largest addition to Philip Morris International Inc. (PM) was in Q1 2024, adding 6,671,129 shares worth $611.21 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
According to the latest 13F filing for Q3 2025, Steve Mandel's firm, Lone Pine Capital LLC, owns 4,614,443 shares of Philip Morris International Inc. (PM), valued at approximately $748.46 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 5.45% of Steve Mandel'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.
Steve Mandel's peak holding in Philip Morris International Inc. (PM) was 6,671,129 shares, as reported at the end of Q1 2024. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.