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Stephen Mandel’s Philip Morris PM Stock Holding History

Stephen Mandel’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 		– Sell
-2,643,579
Closed -$424M – 42
2025
Q4 		$424M Sell
2,643,579
-1,970,864
-43% -$305M 3.12% 18
2025
Q3 		$748M Buy
4,614,443
+1,856,749
+67% +$312M 5.45% 6
2025
Q2 		$502M Sell
2,757,694
-250,848
-8% -$43.1M 3.57% 15
2025
Q1 		$478M Sell
3,008,542
-3,459,830
-53% -$490M 4.12% 13
2024
Q4 		$778M Buy
6,468,372
+1,987,716
+44% +$251M 5.78% 3
2024
Q3 		$544M Sell
4,480,656
-2,190,473
-33% -$255M 4.06% 12
2024
Q2 		$676M Hold
6,671,129
– – 5.48% 5
2024
Q1 		$611M Buy
6,671,129
+3,665,338
+122% +$338M 4.82% 7
2023
Q4 		$283M Buy
+3,005,791
New +$277M 2.45% 22

Other funds holding PM

Capital World Investors
Capital World Investors Los Angeles, California $846B AUM 46.74% 1-Year Est. Return
BlackRock
BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return
Vanguard Capital Management
Vanguard Capital Management Malvern, Pennsylvania $4.68T AUM
Capital Research Global Investors
Capital Research Global Investors Los Angeles, California $717B AUM 35.42% 1-Year Est. Return
Capital International Investors
Capital International Investors Los Angeles, California $484B AUM 34.9% 1-Year Est. Return
State Street
State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return
JP Morgan Chase
JP Morgan Chase New York $1.81T AUM 41.13% 1-Year Est. Return
GQG Partners
GQG Partners Ft. Lauderdale, Florida $53.8B AUM 19.23% 1-Year Est. Return
Fidelity Investments
Fidelity Investments Boston, Massachusetts $2.3T AUM 54.33% 1-Year Est. Return
Geode Capital Management
Geode Capital Management Boston, Massachusetts $1.88T AUM 44.46% 1-Year Est. Return

Stephen Mandel's PM Position: Q1 2026 in Review

Stephen Mandel sold out of Philip Morris (PM) in Q1 2026, closing a stake of 2,643,579 shares — an estimated $424M sold.

Stephen Mandel first reported a position in PM in Q4 2023 and held it in 9 quarters. The position peaked at $778M in Q4 2024. 2,865 funds tracked by Wall St. Rank hold PM as of Q1 2026.

  • Stephen Mandel reported no remaining Philip Morris position as of Q1 2026 after selling out during the quarter.
  • Stephen Mandel sold 2,643,579 Philip Morris shares in Q1 2026, an estimated $424M.
  • Stephen Mandel first reported a position in Philip Morris in Q4 2023 and held it in 9 quarters.
  • Stephen Mandel's Philip Morris position peaked at $778M in Q4 2024.
  • 2,865 funds tracked by Wall St. Rank held Philip Morris as of Q1 2026.

Based on Lone Pine Capital's 13F filing for Q1 2026, filed 15 May 2026.