Independent Franchise Partners’s Philip Morris PM Stock Holding History

Independent Franchise Partners’s Portfolio PM Stock Details PM Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$423M	Sell	2,560,566 -1,263,162	-33%	-$219M	2.96%	17
2025 Q4	$613M	Buy	3,823,728 +48,216	+1%	+$7.47M	3.9%	17
2025 Q3	$612M	Sell	3,775,512 -39,383	-1%	-$6.63M	4.04%	14
2025 Q2	$695M	Sell	3,814,895 -538,636	-12%	-$92.5M	4.62%	10
2025 Q1	$691M	Sell	4,353,531 -2,290,300	-34%	-$324M	4.93%	10
2024 Q4	$800M	Buy	6,643,831 +540,434	+9%	+$68.2M	6%	6
2024 Q3	$741M	Sell	6,103,397 -598,755	-9%	-$69.6M	6.54%	4
2024 Q2	$679M	Sell	6,702,152 -380,414	-5%	-$37.2M	6.25%	5
2024 Q1	$649M	Buy	7,082,566 +1,235,955	+21%	+$114M	5.37%	9
2023 Q4	$550M	Sell	5,846,611 -378,952	-6%	-$34.9M	4.68%	12
2023 Q3	$576M	Sell	6,225,563 -80,135	-1%	-$7.71M	5%	12
2023 Q2	$616M	Buy	6,305,698 +86,540	+1%	+$8.27M	5.15%	9
2023 Q1	$605M	Sell	6,219,158 -32,026	-0.5%	-$3.19M	5.44%	9
2022 Q4	$633M	Sell	6,251,184 -80,451	-1%	-$7.59M	6.2%	3
2022 Q3	$526M	Sell	6,331,635 -177,588	-3%	-$16.9M	5.53%	5
2022 Q2	$643M	Sell	6,509,223 -327,837	-5%	-$33.4M	6.04%	2
2022 Q1	$642M	Sell	6,837,060 -2,093,656	-23%	-$209M	5.07%	9
2021 Q4	$848M	Sell	8,930,716 -378,668	-4%	-$35.4M	6.68%	2
2021 Q3	$882M	Sell	9,309,384 -1,014,300	-10%	-$102M	6.94%	2
2021 Q2	$1.02B	Sell	10,323,684 -195,204	-2%	-$18.7M	7.62%	1
2021 Q1	$933M	Buy	10,518,888 +1,471,466	+16%	+$125M	7.44%	1
2020 Q4	$749M	Buy	9,047,422 +165,838	+2%	+$12.9M	6.44%	3
2020 Q3	$666M	Buy	8,881,584 +1,746,179	+24%	+$135M	6.61%	2
2020 Q2	$500M	Buy	7,135,405 +2,294,843	+47%	+$167M	5.08%	7
2020 Q1	$353M	Buy	4,840,562 +1,122,574	+30%	+$92.4M	4.35%	12
2019 Q4	$316M	Sell	3,717,988 -395,176	-10%	-$32.6M	3.17%	18
2019 Q3	$312M	Sell	4,113,164 -196,814	-5%	-$15.6M	3.18%	17
2019 Q2	$338M	Sell	4,309,978 -64,790	-1%	-$5.35M	3.48%	16
2019 Q1	$387M	Sell	4,374,768 -701,466	-14%	-$56.5M	4.36%	14
2018 Q4	$339M	Sell	5,076,234 -2,587,554	-34%	-$216M	4.16%	13
2018 Q3	$625M	Buy	7,663,788 +1,051,283	+16%	+$86.3M	6%	9
2018 Q2	$534M	Buy	6,612,505 +1,556,687	+31%	+$132M	5.06%	12
2018 Q1	$503M	Buy	5,055,818 +135,458	+3%	+$14.1M	4.46%	12
2017 Q4	$520M	Buy	4,920,360 +1,125,353	+30%	+$120M	4.41%	12
2017 Q3	$421M	Buy	3,795,007 +79,952	+2%	+$9.3M	3.78%	15
2017 Q2	$436M	Sell	3,715,055 -805,303	-18%	-$93.3M	3.91%	15
2017 Q1	$510M	Sell	4,520,358 -2,344,185	-34%	-$242M	4.87%	12
2016 Q4	$628M	Buy	6,864,543 +761,296	+12%	+$70.5M	6.3%	7
2016 Q3	$593M	Buy	6,103,247 +108,343	+2%	+$10.9M	5.93%	8
2016 Q2	$610M	Sell	5,994,904 -340,789	-5%	-$34M	6.7%	4
2016 Q1	$622M	Sell	6,335,693 -1,750,163	-22%	-$160M	7.02%	4
2015 Q4	$711M	Buy	8,085,856 +46,806	+0.6%	+$4.06M	8.09%	3
2015 Q3	$638M	Sell	8,039,050 -803,241	-9%	-$66.1M	8.08%	3
2015 Q2	$709M	Sell	8,842,291 -450,230	-5%	-$37M	8.36%	2
2015 Q1	$700M	Buy	9,292,521 +145,989	+2%	+$11.8M	8.56%	2
2014 Q4	$745M	Buy	9,146,532 +648,256	+8%	+$55.7M	9.85%	1
2014 Q3	$709M	Buy	8,498,276 +710,105	+9%	+$60.1M	9.84%	1
2014 Q2	$657M	Buy	7,788,171 +1,588,714	+26%	+$137M	10%	1
2014 Q1	$508M	Buy	6,199,457 +818,788	+15%	+$66.2M	8.28%	2
2013 Q4	$469M	Buy	5,380,669 +319,582	+6%	+$27.9M	7.45%	2
2013 Q3	$438M	Buy	5,061,087 +1,125,598	+29%	+$98.4M	7.43%	3
2013 Q2	$341M	Buy	+3,935,489	New	+$366M	6.51%	4