Philip Morris International Inc.
MX ˙ BMV ˙ US7181721090
SecurityMX:PM / Philip Morris International Inc.
InstitutionBaird Financial Group, Inc.
Latest Disclosed Ownership265,912 shares
Latest Disclosed Value $ 43,965,973
Baird Financial Group, Inc. reports 1.57% decrease in ownership of PM / Philip Morris International Inc.

On May 14, 2026 - Baird Financial Group, Inc. filed a 13F-HR form disclosing ownership of 265,912 shares of Philip Morris International Inc. (MX:PM) valued at $43,965,973 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 13, 2026 disclosing 270,151 shares of Philip Morris International Inc.. This represents a change in shares of -1.57% during the quarter.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

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Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-05-14 2026-03-31 13F PHILIP MORRIS INTL COM 718172109 265,912 -4,239 -1.57 43,966 1.46 0.0370
2026-02-13 2025-12-31 13F PHILIP MORRIS INTL INC COM COMMON 718172109 270,151 -3,251 -1.19 43,332 -2.28 0.0675
2025-11-13 2025-09-30 13F PHILIP MORRIS INTL COMMON 718172109 273,402 5,482 2.05 44,346 -9.12 0.0713
2025-08-13 2025-06-30 13F PHILIP MORRIS INTL INC COM COMMON 718172109 267,920 2,090 0.79 48,796 15.64 0.0856
2025-05-15 2025-03-31 13F PHILIP MORRIS INTL INC COM COMMON 718172109 265,830 2,055 0.78 42,196 32.92 0.0812
2025-02-14 2024-12-31 13F PHILIP MORRIS INTL COMMON 718172109 263,775 1,464 0.56 31,745 -0.31 0.0607
2024-11-14 2024-09-30 13F PHILIP MORRIS INTL COMMON 718172109 262,311 47,130 21.90 31,845 46.05 0.0618
2024-08-14 2024-06-30 13F PHILIP MORRIS INTL COMMON 718172109 215,181 -3,653 -1.67 21,804 8.75 0.0452
2024-05-14 2024-03-31 13F PHILIP MORRIS INTL COMMON 718172109 218,834 41,430 23.35 20,050 20.13 0.0420
2024-02-14 2023-12-31 13F PHILIP MORRIS INTL COMMON 718172109 177,404 -11,176 -5.93 16,690 -4.40 0.0380
2023-11-13 2023-09-30 13F PHILIP MORRIS INTL COMMON 718172109 188,580 -15,124 -7.42 17,459 -12.21 0.0476
2023-08-11 2023-06-30 13F PHILIP MORRIS INTL COMMON 718172109 203,704 6,572 3.33 19,886 3.72 0.0525
2023-05-15 2023-03-31 13F PHILIP MORRIS INTL COMMON 718172109 197,132 -125,547 -38.91 19,171 59,809.38 0.0473
2023-02-13 2022-12-31 13F PHILIP MORRIS INTL COMMON 718172109 322,679 12,728 4.11 33 -99.88 0.0860
2022-11-15 2022-09-30 13F PHILIP MORRIS INTL COMMON 718172109 309,951 -2,502 -0.80 25,729 -16.61 0.0758
2022-08-08 2022-06-30 13F PHILIP MORRIS INTL COMMON 718172109 312,453 -32,036 -9.30 30,852 -4.67 0.0856
2022-05-13 2022-03-31 13F PHILIP MORRIS INTL COMMON 718172109 344,489 -51,932 -13.10 32,364 -14.06 0.0800
2022-02-09 2021-12-31 13F PHILIP MORRIS INTL INC COM COMMON 718172109 396,421 50,579 14.62 37,660 14.88 0.0880
2021-11-12 2021-09-30 13F PHILIP MORRIS INTL INC COM COMMON 718172109 345,842 -3,108 -0.89 32,783 -5.21 0.0838
2021-08-11 2021-06-30 13F PHILIP MORRIS INTL INC COM COMMON 718172109 348,950 -3,749 -1.06 34,584 10.50 0.0899
2021-05-13 2021-03-31 13F PHILIP MORRIS INTL INC COM COMMON 718172109 352,699 -12,436 -3.41 31,299 3.55 0.0878
2021-02-11 2020-12-31 13F PHILIP MORRIS INTL INC COM COMMON 718172109 365,135 22,625 6.61 30,226 17.68 0.0904
2020-11-12 2020-09-30 13F PHILIP MORRIS INTL INC COM COMMON 718172109 342,510 -2,946 -0.85 25,684 6.12 0.0880
2020-10-22 2020-06-30 13F/A-1 PHILIP MORRIS INTL INC COM COMMON 718172109 345,456 6,455 1.90 24,203 -2.19 0.0912
2020-08-14 2020-06-30 13F PHILIP MORRIS INTL INC COM COMMON 718172109 371,144 32,143 29,218 57,903.4378
2020-05-14 2020-03-31 13F PHILIP MORRIS INTL INC COM COMMON 718172109 339,001 -24,574 -6.76 24,745 -20.02 0.1130
2020-02-14 2019-12-31 13F PHILIP MORRIS INTL INC COM COMMON 718172109 363,575 75,414 26.17 30,938 41.39 0.1111
2019-11-14 2019-09-30 13F PHILIP MORRIS Common 718172109 288,161 3,587 1.26 21,881 -2.09 0.0862
2019-08-14 2019-06-30 13F PHILIP MORRIS COMMON 718172109 284,574 76,306 36.64 22,348 21.37 0.0869
2019-05-14 2019-03-31 13F PHILIP MORRIS INTL COMMON 718172109 208,268 -1,299 -0.62 18,413 31.61 0.1077
2019-02-14 2018-12-31 13F PHILIP MORRIS INTL COMMON 718172109 209,567 30,051 16.74 13,991 -4.75 0.0950
2018-11-13 2018-09-30 13F Philip Morris International COMMON 718172109 179,516 3,325 1.89 14,689 3.25 0.0920
2018-08-13 2018-06-30 13F PHILIP MORRIS INTL COMMON 718172109 176,191 23,456 15.36 14,226 -6.30 0.0966
2018-05-14 2018-03-31 13F PHILIP MORRIS INTL INC COM COMMON 718172109 152,735 -6,578 -4.13 15,183 -9.79 0.1069
2018-02-09 2017-12-31 13F PHILIP MORRIS INTL COMMON 718172109 159,313 20,018 14.37 16,831 8.85 0.1192
2017-11-14 2017-09-30 13F PHILIP MORRIS INTL COMMON 718172109 139,295 -21,244 -13.23 15,463 -17.99 0.1166
2017-08-14 2017-06-30 13F PHILIP MORRIS INTL COMMON 718172109 160,539 347 0.22 18,855 4.25 0.1477
2017-06-19 2017-03-31 13F/A-1 PHILIP MORRIS INTL COMMON 718172109 160,192 -85 -0.05 18,086 23.34 0.1463
2017-05-09 2017-03-31 13F PHILIP MORRIS INTL COMMON 718172109 160,192 18,086
2017-02-10 2016-12-31 13F PHILIP MORRIS INTL COMMON 718172109 160,277 4,118 2.64 14,664 -3.41 0.1273
2016-11-10 2016-09-30 13F PHILIP MORRIS INTL COMMON 718172109 156,159 6,397 4.27 15,182 -0.49 0.1360
2016-08-11 2016-06-30 13F PHILIP MORRIS INTL COMMON 718172109 149,762 -3,717 -2.42 15,256 1.31 0.1399
2016-05-12 2016-03-31 13F PHILIP MORRIS INTL COMMON 718172109 153,479 36,910 31.66 15,058 46.94 0.1441
2016-02-11 2015-12-31 13F PHILIP MORRIS INTL COMMON 718172109 116,569 5,950 5.38 10,248 16.79 0.1025
2015-11-12 2015-09-30 13F PHILIP MORRIS INTL COMMON 718172109 110,619 7,012 6.77 8,775 5.65 0.0933
2015-08-14 2015-06-30 13F PHILIP MORRIS INTL COMMON 718172109 103,607 103,607 8,306 0.0817
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.