PHILIP MORRIS INTL INC

Ticker: PM CUSIP: 718172109 Class: Common Stock

CORTLAND ASSOCIATES INC/MO's Holding History (CIK: 0001014315)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 201,894 Value ($000) $32,384 Avg Close $153.57 Range $140.83 - $162.62

Q3 2025

Shares 213,530 Value ($000) $34,635 Avg Close $165.18 Range $152.86 - $180.63

Q2 2025

Shares 144,061 Value ($000) $26,238 Avg Close $167.37 Range $141.37 - $181.91

Q1 2025

Shares 142,950 Value ($000) $22,690 Avg Close $136.99 Range $112.16 - $155.27

Q4 2024

Shares 17,779 Value ($000) $2,140 Avg Close $120.59 Range $112.27 - $128.15

Q3 2024

Shares 17,635 Value ($000) $2,141 Avg Close $109.82 Range $95.22 - $121.13

Q2 2024

Shares 17,474 Value ($000) $1,771 Avg Close $91.29 Range $81.90 - $97.82

Q1 2024

Shares 17,295 Value ($000) $1,585 Avg Close $84.95 Range $81.22 - $89.05

Q4 2023

Shares 17,128 Value ($000) $1,611 Avg Close $83.71 Range $79.14 - $87.62

Q3 2023

Shares 16,959 Value ($000) $1,570 Avg Close $86.18 Range $81.71 - $90.09

Q2 2023

Shares 16,804 Value ($000) $1,640 Avg Close $84.48 Range $78.65 - $89.98

Q1 2023

Shares 20,512 Value ($000) $1,995 Avg Close $86.95 Range $79.53 - $92.01

Q4 2022

Shares 18,695 Value ($000) $1,892 Avg Close $81.30 Range $72.03 - $89.86

Q3 2022

Shares 18,695 Value ($000) $1,552 Avg Close $80.94 Range $71.26 - $86.66

Q2 2022

Shares 18,695 Value ($000) $1,846 Avg Close $85.41 Range $79.22 - $91.97

Q1 2022

Shares 18,695 Value ($000) $1,756 Avg Close $82.79 Range $73.03 - $92.95

Q4 2021

Shares 18,695 Value ($000) $1,776 Avg Close $76.31 Range $69.82 - $81.31

Q3 2021

Shares 18,695 Value ($000) $1,772 Avg Close $81.05 Range $75.65 - $85.77

Q2 2021

Shares 18,779 Value ($000) $1,861 Avg Close $76.42 Range $69.48 - $80.32

Q1 2021

Shares 18,779 Value ($000) $1,666 Avg Close $66.81 Range $61.51 - $72.50

Q4 2020

Shares 18,779 Value ($000) $1,555 Avg Close $60.35 Range $53.35 - $67.03

Q3 2020

Shares 18,779 Value ($000) $1,408 Avg Close $58.86 Range $52.85 - $62.92

Q2 2020

Shares 18,867 Value ($000) $1,322 Avg Close $54.79 Range $50.13 - $59.15

Q1 2020

Shares 18,867 Value ($000) $1,377 Avg Close $60.74 Range $42.00 - $66.43

Q4 2019

Shares 18,931 Value ($000) $1,611 Avg Close $60.01 Range $55.09 - $64.15

Q3 2019

Shares 16,034 Value ($000) $1,217 Avg Close $56.72 Range $49.52 - $64.32

Q2 2019

Shares 18,917 Value ($000) $1,486 Avg Close $58.27 Range $53.58 - $62.74

Q1 2019

Shares 18,922 Value ($000) $1,673 Avg Close $56.07 Range $45.72 - $64.49

Q4 2018

Shares 30,904 Value ($000) $2,063 Avg Close $57.29 Range $44.97 - $63.48

Q3 2018

Shares 31,004 Value ($000) $2,528 Avg Close $55.49 Range $51.68 - $59.05

Q2 2018

Shares 31,004 Value ($000) $2,503 Avg Close $56.59 Range $50.75 - $68.95

Q1 2018

Shares 30,851 Value ($000) $3,067 Avg Close $68.70 Range $63.60 - $73.29

Q4 2017

Shares 30,851 Value ($000) $3,259 Avg Close $69.58 Range $66.26 - $75.19

Q3 2017

Shares 28,411 Value ($000) $3,154 Avg Close $75.24 Range $70.63 - $78.63

Q2 2017

Shares 31,127 Value ($000) $3,656 Avg Close $74.28 Range $69.54 - $79.15

Q1 2017

Shares 31,127 Value ($000) $3,514 Avg Close $65.59 Range $57.11 - $73.45

Q4 2016

Shares 31,127 Value ($000) $2,848 Avg Close $58.23 Range $54.46 - $61.63

Q3 2016

Shares 31,127 Value ($000) $3,026 Avg Close $62.27 Range $60.22 - $64.72

Q2 2016

Shares 6,911 Value ($000) $703 Avg Close $61.40 Range $58.97 - $63.30

Q1 2016

Shares 6,942 Value ($000) $681 Avg Close $55.87 Range $51.40 - $61.20

Q4 2015

Shares 6,930 Value ($000) $609 Avg Close $52.28 Range $47.15 - $54.45

Q3 2015

Shares 6,965 Value ($000) $553 Avg Close $48.90 Range $45.45 - $51.37

Q2 2015

Shares 6,965 Value ($000) $558 Avg Close $48.32 Range $44.16 - $50.98

Q1 2015

Shares 6,965 Value ($000) $525 Avg Close $47.07 Range $44.17 - $49.41

Q4 2014

Shares 6,965 Value ($000) $567 Avg Close $49.22 Range $46.45 - $51.65

Q3 2014

Shares 6,845 Value ($000) $571 Avg Close $47.89 Range $45.93 - $49.13

Q2 2014

Shares 6,845 Value ($000) $577 Avg Close $48.23 Range $45.73 - $51.29

Q1 2014

Shares 6,845 Value ($000) $560 Avg Close $44.74 Range $41.65 - $48.24

Q4 2013

Shares 6,845 Value ($000) $596 Avg Close $47.83 Range $45.86 - $50.23

Q3 2013

Shares 9,910 Value ($000) $858 Avg Close $47.38 Range $44.86 - $49.49

Q2 2013

Shares 9,988 Value ($000) $865 Avg Close $49.85 Range $46.13 - $51.86

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	201,894	$32,384	$153.57	$140.83 - $162.62
Q3 2025	213,530	$34,635	$165.18	$152.86 - $180.63
Q2 2025	144,061	$26,238	$167.37	$141.37 - $181.91
Q1 2025	142,950	$22,690	$136.99	$112.16 - $155.27
Q4 2024	17,779	$2,140	$120.59	$112.27 - $128.15
Q3 2024	17,635	$2,141	$109.82	$95.22 - $121.13
Q2 2024	17,474	$1,771	$91.29	$81.90 - $97.82
Q1 2024	17,295	$1,585	$84.95	$81.22 - $89.05
Q4 2023	17,128	$1,611	$83.71	$79.14 - $87.62
Q3 2023	16,959	$1,570	$86.18	$81.71 - $90.09
Q2 2023	16,804	$1,640	$84.48	$78.65 - $89.98
Q1 2023	20,512	$1,995	$86.95	$79.53 - $92.01
Q4 2022	18,695	$1,892	$81.30	$72.03 - $89.86
Q3 2022	18,695	$1,552	$80.94	$71.26 - $86.66
Q2 2022	18,695	$1,846	$85.41	$79.22 - $91.97
Q1 2022	18,695	$1,756	$82.79	$73.03 - $92.95
Q4 2021	18,695	$1,776	$76.31	$69.82 - $81.31
Q3 2021	18,695	$1,772	$81.05	$75.65 - $85.77
Q2 2021	18,779	$1,861	$76.42	$69.48 - $80.32
Q1 2021	18,779	$1,666	$66.81	$61.51 - $72.50
Q4 2020	18,779	$1,555	$60.35	$53.35 - $67.03
Q3 2020	18,779	$1,408	$58.86	$52.85 - $62.92
Q2 2020	18,867	$1,322	$54.79	$50.13 - $59.15
Q1 2020	18,867	$1,377	$60.74	$42.00 - $66.43
Q4 2019	18,931	$1,611	$60.01	$55.09 - $64.15
Q3 2019	16,034	$1,217	$56.72	$49.52 - $64.32
Q2 2019	18,917	$1,486	$58.27	$53.58 - $62.74
Q1 2019	18,922	$1,673	$56.07	$45.72 - $64.49
Q4 2018	30,904	$2,063	$57.29	$44.97 - $63.48
Q3 2018	31,004	$2,528	$55.49	$51.68 - $59.05
Q2 2018	31,004	$2,503	$56.59	$50.75 - $68.95
Q1 2018	30,851	$3,067	$68.70	$63.60 - $73.29
Q4 2017	30,851	$3,259	$69.58	$66.26 - $75.19
Q3 2017	28,411	$3,154	$75.24	$70.63 - $78.63
Q2 2017	31,127	$3,656	$74.28	$69.54 - $79.15
Q1 2017	31,127	$3,514	$65.59	$57.11 - $73.45
Q4 2016	31,127	$2,848	$58.23	$54.46 - $61.63
Q3 2016	31,127	$3,026	$62.27	$60.22 - $64.72
Q2 2016	6,911	$703	$61.40	$58.97 - $63.30
Q1 2016	6,942	$681	$55.87	$51.40 - $61.20
Q4 2015	6,930	$609	$52.28	$47.15 - $54.45
Q3 2015	6,965	$553	$48.90	$45.45 - $51.37
Q2 2015	6,965	$558	$48.32	$44.16 - $50.98
Q1 2015	6,965	$525	$47.07	$44.17 - $49.41
Q4 2014	6,965	$567	$49.22	$46.45 - $51.65
Q3 2014	6,845	$571	$47.89	$45.93 - $49.13
Q2 2014	6,845	$577	$48.23	$45.73 - $51.29
Q1 2014	6,845	$560	$44.74	$41.65 - $48.24
Q4 2013	6,845	$596	$47.83	$45.86 - $50.23
Q3 2013	9,910	$858	$47.38	$44.86 - $49.49
Q2 2013	9,988	$865	$49.85	$46.13 - $51.86