Philip Morris International Inc.
MX ˙ BMV ˙ US7181721090
SecurityMX:PM / Philip Morris International Inc.
InstitutionGladstone Institutional Advisory LLC
Latest Disclosed Ownership21,178 shares
Latest Disclosed Value $ 3,501,576
Gladstone Institutional Advisory LLC reports 19.10% decrease in ownership of PM / Philip Morris International Inc.

On May 14, 2026 - Gladstone Institutional Advisory LLC filed a 13F-HR form disclosing ownership of 21,178 shares of Philip Morris International Inc. (MX:PM) valued at $3,501,576 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 17, 2026 disclosing 26,179 shares of Philip Morris International Inc.. This represents a change in shares of -19.10% 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.

Upgrade to unlock premium data and export to Excel .

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 21,178 -5,001 -19.10 3,502 -16.62 0.1297
2026-02-17 2025-12-31 13F PHILIP MORRIS INTL COM 718172109 26,179 -1,070 -3.93 4,199 -4.98 0.1586
2025-10-22 2025-09-30 13F PHILIP MORRIS INTL COM 718172109 27,249 -760 -2.71 4,420 -13.37 0.1702
2025-08-12 2025-06-30 13F PHILIP MORRIS INTL COM 718172109 28,009 -3,416 -10.87 5,101 2.27 0.2107
2025-05-15 2025-03-31 13F PHILIP MORRIS INTL COM 718172109 31,425 11,608 58.58 4,988 109.23 0.2325
2025-01-29 2024-12-31 13F PHILIP MORRIS INTL COM 718172109 19,817 918 4.86 2,385 3.92 0.1106
2024-10-28 2024-09-30 13F PHILIP MORRIS INTL COM 718172109 18,899 5,178 37.74 2,294 65.04 0.1120
2024-08-02 2024-06-30 13F PHILIP MORRIS INTL COM 718172109 13,721 2,765 25.24 1,390 38.58 0.0724
2024-05-14 2024-03-31 13F PHILIP MORRIS INTL COM 718172109 10,956 -3,807 -25.79 1,004 -27.74 0.0551
2024-02-09 2023-12-31 13F PHILIP MORRIS INTL COM 718172109 14,763 3,625 32.55 1,389 34.63 0.0779
2023-11-13 2023-09-30 13F PHILIP MORRIS INTL COM 718172109 11,138 -234 -2.06 1,031 -7.12 0.0668
2023-08-10 2023-06-30 13F PHILIP MORRIS INTL COM 718172109 11,372 96 0.85 1,110 1.28 0.0677
2023-05-12 2023-03-31 13F PHILIP MORRIS INTL COM 718172109 11,276 38 0.34 1,097 -3.61 0.0710
2023-02-01 2022-12-31 13F PHILIP MORRIS INTL COM 718172109 11,238 62 0.55 1,137 22.52 0.0803
2023-01-30 2022-09-30 13F/A-1 PHILIP MORRIS INTL COM 718172109 11,176 -4,250 -27.55 928 -39.07 0.0725
2022-10-20 2022-09-30 13F PHILIP MORRIS INTL COM 718172109 11,176 -4,250 928 0.0725
2023-01-30 2022-06-30 13F/A-1 PHILIP MORRIS INTL COM 718172109 15,426 4,046 35.55 1,523 42.47 0.1205
2022-08-15 2022-06-30 13F PHILIP MORRIS INTL COM 718172109 15,426 4,046 1,523 0.1205
2023-01-30 2022-03-31 13F/A-1 PHILIP MORRIS INTL COM 718172109 11,380 329 2.98 1,069 1.81 0.0723
2022-05-04 2022-03-31 13F PHILIP MORRIS INTL COM 718172109 11,380 329 1,069 0.0723
2023-01-30 2021-12-31 13F/A-1 PHILIP MORRIS INTL COM 718172109 11,051 5,769 109.22 1,050 109.58 0.0813
2022-02-11 2021-12-31 13F PHILIP MORRIS INTL COM 718172109 11,051 5,769 1,050 0.0813
2023-01-30 2021-09-30 13F/A-1 PHILIP MORRIS INTL COM 718172109 5,282 -36 -0.68 501 -4.93 0.0489
2021-11-15 2021-09-30 13F PHILIP MORRIS INTL COM 718172109 5,282 -36 501 0.0489
2023-01-30 2021-06-30 13F/A-1 PHILIP MORRIS INTL COM 718172109 5,318 1,653 45.10 527 62.15 0.0626
2021-08-13 2021-06-30 13F PHILIP MORRIS INTL COM 718172109 5,318 1,653 527 0.0626
2023-01-30 2021-03-31 13F/A-1 PHILIP MORRIS INTL COM 718172109 3,665 3,665 325 0.0505
2021-05-17 2021-03-31 13F PHILIP MORRIS INTL COM 718172109 3,665 3,665 325 0.0505
2020-08-17 2020-06-30 13F PHILIP MORRIS INTL COM 718172109 0 -3,176 -100.00 0 -100.00
2020-05-14 2020-03-31 13F PHILIP MORRIS INTL COM 718172109 3,176 85 2.75 232 -11.79 0.0599
2020-02-12 2019-12-31 13F PHILIP MORRIS INTL COM 718172109 3,091 -733 -19.17 263 -9.31 0.0645
2019-11-13 2019-09-30 13F PHILIP MORRIS INTL COM 718172109 3,824 223 6.19 290 2.47 0.0738
2019-08-14 2019-06-30 13F PHILIP MORRIS INTL COM 718172109 3,601 3,601 283 0.0862
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.