Tom Russo's PM Position Overview
Tom Russo (via Gardner Russo & Quinn LLC) currently holds 4.66 M shares of Philip Morris International Inc. (PM) worth $756.21 M, representing 8.11% 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, Tom Russo has maintained a long-term strategic position in PM, representing a significant commitment to this investment thesis. Largest addition occurred in Q3 2013, adding 424,991 shares. Largest reduction occurred in Q1 2024, reducing 526,778 shares.
Analysis based on 13F filings available since 2013 Q2
Tom Russo's Philip Morris International (PM) Holding Value Over Time
Track share changes against reported price movement
Quarterly Philip Morris International (PM) Trades by Tom Russo
| Period | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q2 2013 | +9.19 M | Add 0.00% | 9.19 M | $86.62 |
| Q3 2013 | +424,991 | Add 4.62% | 9.62 M | $86.59 |
| Q4 2013 | +354,368 | Add 3.68% | 9.97 M | $87.13 |
| Q1 2014 | +219,930 | Add 2.21% | 10.19 M | $81.87 |
| Q2 2014 | +33,160 | Add 0.33% | 10.22 M | $84.31 |
| Q3 2014 | +28,298 | Add 0.28% | 10.25 M | $83.40 |
| Q4 2014 | -378,543 | Reduce 3.69% | 9.87 M | $81.45 |
| Q1 2015 | +219,779 | Add 2.23% | 10.09 M | $75.33 |
| Q2 2015 | +334,598 | Add 3.31% | 10.43 M | $80.17 |
| Q3 2015 | +51,553 | Add 0.49% | 10.48 M | $79.33 |
| Q4 2015 | +86,019 | Add 0.82% | 10.57 M | $87.91 |
| Q1 2016 | -54,098 | Reduce 0.51% | 10.51 M | $98.11 |
| Q2 2016 | -20,939 | Reduce 0.20% | 10.49 M | $101.72 |
| Q3 2016 | -176,851 | Reduce 1.69% | 10.31 M | $97.22 |
| Q4 2016 | +49,798 | Add 0.48% | 10.36 M | $91.49 |
| Q1 2017 | -49,996 | Reduce 0.48% | 10.31 M | $112.90 |
| Q2 2017 | -124,523 | Reduce 1.21% | 10.19 M | $117.45 |
| Q3 2017 | +1,048 | Add 0.01% | 10.19 M | $111.01 |
| Q4 2017 | -47,331 | Reduce 0.46% | 10.14 M | $105.65 |
| Q1 2018 | +237,310 | Add 2.34% | 10.38 M | $99.40 |
| Q2 2018 | +17,119 | Add 0.16% | 10.4 M | $80.74 |
| Q3 2018 | -96,319 | Reduce 0.93% | 10.3 M | $81.54 |
| Q4 2018 | -277,019 | Reduce 2.69% | 10.02 M | $66.76 |
| Q1 2019 | -400,016 | Reduce 3.99% | 9.62 M | $88.39 |
| Q2 2019 | -306,336 | Reduce 3.18% | 9.32 M | $78.53 |
| Q3 2019 | -234,413 | Reduce 2.52% | 9.08 M | $75.93 |
| Q4 2019 | -219,411 | Reduce 2.42% | 8.86 M | $85.09 |
| Q1 2020 | -324,298 | Reduce 3.66% | 8.54 M | $72.96 |
| Q2 2020 | -289,288 | Reduce 3.39% | 8.25 M | $70.06 |
| Q3 2020 | -1,616 | Reduce 0.02% | 8.25 M | $74.99 |
| Q4 2020 | +158,578 | Add 1.92% | 8.41 M | $82.79 |
| Q1 2021 | -299,640 | Reduce 3.56% | 8.11 M | $88.74 |
| Q2 2021 | -206,949 | Reduce 2.55% | 7.9 M | $99.11 |
| Q3 2021 | -387,063 | Reduce 4.90% | 7.51 M | $94.79 |
| Q4 2021 | -272,136 | Reduce 3.62% | 7.24 M | $95.00 |
| Q1 2022 | -235,946 | Reduce 3.26% | 7.01 M | $93.94 |
| Q2 2022 | -65,455 | Reduce 0.93% | 6.94 M | $98.74 |
| Q3 2022 | -87,823 | Reduce 1.27% | 6.85 M | $83.01 |
| Q4 2022 | -394,091 | Reduce 5.75% | 6.46 M | $101.21 |
| Q1 2023 | -27,865 | Reduce 0.43% | 6.43 M | $97.25 |
| Q2 2023 | -115,961 | Reduce 1.80% | 6.31 M | $97.62 |
| Q3 2023 | -74,068 | Reduce 1.17% | 6.24 M | $92.58 |
| Q4 2023 | -162,328 | Reduce 2.60% | 6.08 M | $94.08 |
| Q1 2024 | -526,778 | Reduce 8.67% | 5.55 M | $91.62 |
| Q2 2024 | -84,839 | Reduce 1.53% | 5.47 M | $101.33 |
| Q3 2024 | -79,858 | Reduce 1.46% | 5.39 M | $121.40 |
| Q4 2024 | -196,300 | Reduce 3.64% | 5.19 M | $120.35 |
| Q1 2025 | -173,569 | Reduce 3.34% | 5.02 M | $158.73 |
| Q2 2025 | -143,305 | Reduce 2.86% | 4.87 M | $182.13 |
| Q3 2025 | -211,125 | Reduce 4.33% | 4.66 M | $162.20 |
Tom Russo's Philip Morris International Investment FAQs
Tom Russo first purchased Philip Morris International Inc. (PM) in Q2 2013, acquiring 9,191,748 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Tom Russo 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.
Tom Russo's largest addition to Philip Morris International Inc. (PM) was in Q2 2013, adding 9,191,748 shares worth $796.19 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
According to the latest 13F filing for Q3 2025, Tom Russo's firm, Gardner Russo & Quinn LLC, owns 4,662,201 shares of Philip Morris International Inc. (PM), valued at approximately $756.21 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 8.11% of Tom Russo'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.
Tom Russo's peak holding in Philip Morris International Inc. (PM) was 10,565,901 shares, as reported at the end of Q4 2015. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.