Fundsmith LLP’s Philip Morris PM Stock Holding History

Bought
Maintained
Sold
Quarter Market Value Status Shares Change in
Stake
Trade Value Portfolio Weight Portfolio Position
2026
Q1
$845M Sell
5,113,163
-1,011,434
-17% -$176M 6.59% 6
2025
Q4
$982M Sell
6,124,597
-1,063,547
-15% -$165M 5.74% 9
2025
Q3
$1.17B Sell
7,188,144
-1,886,051
-21% -$317M 5.89% 8
2025
Q2
$1.65B Sell
9,074,195
-1,731,697
-16% -$297M 7.18% 4
2025
Q1
$1.72B Sell
10,805,892
-439,283
-4% -$62.2M 7.81% 4
2024
Q4
$1.35B Sell
11,245,175
-767,484
-6% -$96.8M 5.77% 6
2024
Q3
$1.46B Sell
12,012,659
-2,461,786
-17% -$286M 5.77% 6
2024
Q2
$1.47B Sell
14,474,445
-347,792
-2% -$34M 5.98% 4
2024
Q1
$1.36B Sell
14,822,237
-215,420
-1% -$19.9M 5.32% 7
2023
Q4
$1.41B Sell
15,037,657
-26,879
-0.2% -$2.48M 5.92% 6
2023
Q3
$1.39B Sell
15,064,536
-720,380
-5% -$69.3M 6.34% 4
2023
Q2
$1.54B Sell
15,784,916
-678,947
-4% -$64.9M 6.47% 4
2023
Q1
$1.6B Sell
16,463,863
-12,225
-0.1% -$1.22M 6.91% 2
2022
Q4
$1.67B Sell
16,476,088
-12,979
-0.1% -$1.22M 7.62% 2
2022
Q3
$1.37B Buy
16,489,067
+10,642
+0.1% +$1.01M 6.5% 2
2022
Q2
$1.63B Buy
16,478,425
+21,134
+0.1% +$2.15M 7.18% 2
2022
Q1
$1.55B Sell
16,457,291
-3,966,136
-19% -$397M 5.31% 5
2021
Q4
$1.94B Buy
20,423,427
+1,069,807
+6% +$100M 4.73% 7
2021
Q3
$1.83B Hold
19,353,620
5.07% 8
2021
Q2
$1.92B Sell
19,353,620
-34,952
-0.2% -$3.35M 5.32% 7
2021
Q1
$1.72B Sell
19,388,572
-79,369
-0.4% -$6.74M 5.47% 7
2020
Q4
$1.61B Sell
19,467,941
-35,374
-0.2% -$2.75M 5.34% 8
2020
Q3
$1.46B Buy
19,503,315
+127,460
+0.7% +$9.83M 5.71% 8
2020
Q2
$1.36B Buy
19,375,855
+2,352,902
+14% +$172M 5.92% 6
2020
Q1
$1.24B Buy
17,022,953
+123,717
+0.7% +$10.2M 6.99% 2
2019
Q4
$1.44B Sell
16,899,236
-29,347
-0.2% -$2.42M 6.79% 3
2019
Q3
$1.29B Buy
16,928,583
+1,660,076
+11% +$132M 6.57% 5
2019
Q2
$1.2B Buy
15,268,507
+1,953,131
+15% +$161M 6.25% 7
2019
Q1
$1.18B Buy
13,315,376
+906,009
+7% +$73M 6.69% 4
2018
Q4
$1.01B Hold
12,409,367
6.42% 4
2018
Q3
$1.01B Buy
12,409,367
+1,934,219
+18% +$159M 6.79% 4
2018
Q2
$846M Buy
10,475,148
+1,566,361
+18% +$133M 6.29% 8
2018
Q1
$886M Buy
8,908,787
+1,401,190
+19% +$146M 7.3% 4
2017
Q4
$793M Buy
7,507,597
+1,255,808
+20% +$134M 6.8% 7
2017
Q3
$699M Buy
6,251,789
+1,010,877
+19% +$118M 6.77% 6
2017
Q2
$616M Buy
5,240,912
+79,106
+2% +$9.16M 6.45% 8
2017
Q1
$583M Buy
5,161,806
+8,735
+0.2% +$901K 6.77% 6
2016
Q4
$473M Buy
5,153,071
+187,023
+4% +$17.3M 6.22% 9
2016
Q3
$483M Buy
4,966,048
+598,401
+14% +$59.9M 6.6% 7
2016
Q2
$444M Buy
4,367,647
+454,367
+12% +$45.3M 7.04% 6
2016
Q1
$384M Buy
3,913,280
+296,790
+8% +$27.2M 8.27% 3
2015
Q4
$318M Buy
3,616,490
+445,132
+14% +$38.6M 7.99% 3
2015
Q3
$252M Buy
3,171,358
+191,970
+6% +$15.8M 7.67% 7
2015
Q2
$239M Buy
2,979,388
+37,095
+1% +$3.05M 7.52% 6
2015
Q1
$222M Buy
2,942,293
+453,586
+18% +$36.8M 7.18% 6
2014
Q4
$203M Buy
2,488,707
+545,784
+28% +$46.9M 7.23% 5
2014
Q3
$162M Buy
1,942,923
+158,810
+9% +$13.4M 6.93% 7
2014
Q2
$150M Buy
1,784,113
+385,406
+28% +$33.2M 6.94% 7
2014
Q1
$115M Buy
1,398,707
+279,354
+25% +$22.6M 6.01% 9
2013
Q4
$97.5M Buy
1,119,353
+128,976
+13% +$11.3M 6.05% 10
2013
Q3
$85.8M Buy
990,377
+143,639
+17% +$12.6M 5.71% 11
2013
Q2
$73.3M Buy
+846,738
New +$78.7M 5.15% 12

Other funds holding PM

Fundsmith LLP's PM Position: Q1 2026 in Review

Fundsmith LLP reduced its Philip Morris (PM) stake by 17% in Q1 2026, selling an estimated $176M and leaving 5,113,163 shares worth $845M. The position accounts for 6.59% of the portfolio, ranked #6.

Fundsmith LLP first reported a position in PM in Q2 2013 and has held it in 52 quarters since. The position peaked at $1.94B in Q4 2021. 2,853 funds tracked by Wall St. Rank hold PM as of Q1 2026.

  • Fundsmith LLP held 5,113,163 shares of Philip Morris worth $845M as of Q1 2026.
  • Fundsmith LLP sold 1,011,434 Philip Morris shares in Q1 2026, an estimated $176M.
  • Philip Morris made up 6.59% of Fundsmith LLP's portfolio in Q1 2026, its #6 holding.
  • Fundsmith LLP first reported a position in Philip Morris in Q2 2013 and has held it in 52 quarters since.
  • Fundsmith LLP's Philip Morris position peaked at $1.94B in Q4 2021.
  • 2,853 funds tracked by Wall St. Rank held Philip Morris as of Q1 2026.

Based on Fundsmith LLP's 13F filing for Q1 2026, filed 15 May 2026.