PM β€” PHILIP MORRIS INT ORD

Ownership history in Troy Asset Management Ltd  Β·  42 quarters on record

This page tracks every 13F SEC filing in which Troy Asset Management Ltd reported a position in PHILIP MORRIS INT ORD (PM). Data includes quarterly share count, position size as % of portfolio, estimated market value, and end-of-quarter stock price β€” sourced directly from SEC EDGAR 13F filings.

πŸ” Peak position
11.87% (2015 Q2)
πŸ“Š Avg. % of fund
5.68%
πŸ“… First filed
2014 Q4
πŸ“… Last filed
2025 Q4
⏱ Quarters held
42

Position Intelligence

Troy Asset Management Ltd Γ— PM AI Analytics

πŸ“ˆ Troy Asset Management Ltd outperformed the S&P 500 by +5.1% annually on this PM position. Timing score: 47% (17/36 decisions correct). Average cost basis: $44.24. Maximum drawdown during holding period: –35.9%.

πŸ“ˆ Position Alpha vs SPY
+5.1%
annualised excess return

πŸ”₯ Exceptional β€” beat the S&P 500 by 5.1% per year on this position.
11 quarters analyzed

⏱️ Timing Score
47%

➑️ Neutral timing β€” roughly coin-flip accuracy on add/trim calls.
17 of 36 add/trim decisions correct

πŸ’° Entry Quality
$44.24
+259.4% vs current ($158.98)

Best entry: $43.80 (2015 Q1)  Β·  Worst: $87.39 (2022 Q4)

πŸ›‘οΈ Drawdown Resilience
–35.9%
max drawdown while held

πŸ’ͺ Held through 1 major drawdown (>20%). Strong conviction under pressure.

πŸ’ͺ Fund Conviction
54%
buy-side decisions

20 adds Β· 17 trims. Bought during 8 of 16 down-price quarters. πŸ“ˆ More buys than sells across the holding period.

πŸ“‘ Position Trajectory
↓ Shrinking
last 4–5 quarters trend

πŸ“‰ Portfolio weight has been declining in recent quarters. Possible distribution phase.
Currently 0.58% of portfolio

⚠ Based on quarterly 13F SEC filings and end-of-quarter closing prices. Timing score = accuracy of add/trim decisions vs next-quarter price direction. Alpha = mean quarterly excess return Γ— 4 (annualised). Not investment advice.

% of Fund (quarterly)    PM price (monthly, adj. close)
πŸ“‹ Quarterly Holdings History 10 quarters  β–Ύ
Quarter Action Shares Change Chg % % of Fund Mkt Value Price (EOQ)
2025 Q4 REDUCED 139,695 -2,180 -1.5% 0.58% $22.4M $158.98
2025 Q3 REDUCED 141,875 -164,889 -53.8% 0.59% $23.0M $157.83
2025 Q2 REDUCED 306,764 -128,786 -29.6% 1.54% $55.9M $177.22
2025 Q1 REDUCED 435,550 -31,733 -6.8% 2.23% $69.1M $153.30
2024 Q4 REDUCED 467,283 -50,006 -9.7% 1.89% $56.2M $115.21
2024 Q3 REDUCED 517,289 -52,240 -9.2% 2.02% $62.8M $114.94
2024 Q2 REDUCED 569,529 -75,889 -11.8% 1.99% $57.7M $94.88
2024 Q1 ADDED 645,418 +2,618 +0.4% 1.83% $59.1M $84.68
2023 Q4 REDUCED 642,800 -56,362 -8.1% 1.95% $60.5M $85.77
2023 Q3 REDUCED 699,162 -9,314 -1.3% 2.04% $64.7M $83.25
32 older quarters hidden  β€”  Sign in free or upgrade to Premium to see full history
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