Oldfield Partners’s Philip Morris PM Stock Holding History

Quarter	Market Value	Status	Shares	Shares Change %	Trade Value	Portfolio Weight	Portfolio Position
2025 Q2	$492K	Sell	2,700 -2,900	-52%	-$528K	0.17%	18
2025 Q1	$889K	Hold	5,600	–	–	0.26%	22
2024 Q4	$674K	Sell	5,600 -3,200	-36%	-$385K	0.2%	22
2024 Q3	$1.07M	Sell	8,800 -2,600	-23%	-$316K	0.23%	22
2024 Q2	$1.16M	Sell	11,400 -1,800	-14%	-$182K	0.22%	22
2024 Q1	$1.21M	Hold	13,200	–	–	0.16%	22
2023 Q4	$1.24M	Hold	13,200	–	–	0.17%	19
2023 Q3	$1.22M	Hold	13,200	–	–	0.19%	19
2023 Q2	$1.29M	Sell	13,200 -3,400	-20%	-$332K	0.2%	19
2023 Q1	$1.61M	Buy	16,600 +1,400	+9%	+$136K	0.26%	15
2022 Q4	$1.54M	Sell	15,200 -6,200	-29%	-$627K	0.27%	15
2022 Q3	$1.78M	Sell	21,400 -5,800	-21%	-$481K	0.35%	14
2022 Q2	$2.69M	Sell	27,200 -15,000	-36%	-$1.48M	0.39%	15
2022 Q1	$4.33M	Sell	42,200 -16,000	-27%	-$1.64M	0.47%	16
2021 Q4	$5.53M	Sell	58,200 -25,500	-30%	-$2.42M	0.72%	13
2021 Q3	$7.93M	Sell	83,700 -31,115	-27%	-$2.95M	0.85%	15
2021 Q2	$11.4M	Buy	114,815 +31,115	+37%	+$3.08M	1.16%	13
2021 Q1	$7.91M	Buy	83,700 +2,600	+3%	+$246K	0.82%	14
2020 Q4	$6.71K	Sell	81,100 -8,900	-10%	-$737	0.32%	13
2020 Q3	$6.75M	Hold	90,000	–	–	0.73%	17
2020 Q2	$6.31M	Hold	90,000	–	–	0.73%	15
2020 Q1	$6.57M	Buy	90,000 +4,900	+6%	+$357K	0.83%	14
2019 Q4	$7.24M	Buy	85,100 +3,700	+5%	+$315K	0.64%	15
2019 Q3	$5.03M	Buy	81,400 +19,300	+31%	+$1.19M	0.47%	15
2019 Q2	$4.88M	Hold	62,100	–	–	0.47%	15
2019 Q1	$5.49M	Buy	62,100 +9,800	+19%	+$866K	0.56%	14
2018 Q4	$3.49K	Hold	52,300	–	–	0.19%	15
2018 Q3	$4.27M	Buy	52,300 +2,500	+5%	+$204K	0.44%	17
2018 Q2	$3.05M	Buy	+49,800	New	+$3.05M	0.32%	14