PHILIP MORRIS INTL INC

Ticker: PM CUSIP: 718172109 Class: Common Stock

Narwhal Capital Management's Holding History (CIK: 0001461287)

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

Q4 2025

Shares 68,209 Value ($000) $10,941 Avg Close $153.57 Range $140.83 - $162.62

Q3 2025

Shares 76,498 Value ($000) $12,408 Avg Close $165.18 Range $152.86 - $180.63

Q2 2025

Shares 76,782 Value ($000) $13,984 Avg Close $167.37 Range $141.37 - $181.91

Q1 2025

Shares 85,609 Value ($000) $13,589 Avg Close $136.99 Range $112.16 - $155.27

Q4 2024

Shares 70,070 Value ($000) $8,433 Avg Close $120.59 Range $112.27 - $128.15

Q3 2024

Shares 77,384 Value ($000) $9,394 Avg Close $109.82 Range $95.22 - $121.13

Q2 2024

Shares 99,737 Value ($000) $10,106 Avg Close $91.29 Range $81.90 - $97.82

Q1 2024

Shares 98,640 Value ($000) $9,037 Avg Close $84.95 Range $81.22 - $89.05

Q4 2023

Shares 96,421 Value ($000) $9,071 Avg Close $83.71 Range $79.14 - $87.62

Q3 2023

Shares 97,799 Value ($000) $9,054 Avg Close $86.18 Range $81.71 - $90.09

Q2 2023

Shares 108,329 Value ($000) $10,575 Avg Close $84.48 Range $78.65 - $89.98

Q1 2023

Shares 106,151 Value ($000) $10,323 Avg Close $86.95 Range $79.53 - $92.01

Q4 2022

Shares 94,072 Value ($000) $9,521 Avg Close $81.30 Range $72.03 - $89.86

Q3 2022

Shares 71,673 Value ($000) $5,950 Avg Close $80.94 Range $71.26 - $86.66

Q2 2022

Shares 41,927 Value ($000) $4,140 Avg Close $85.41 Range $79.22 - $91.97

Q1 2022

Shares 18,925 Value ($000) $1,778 Avg Close $82.79 Range $73.03 - $92.95

Q4 2021

Shares 18,925 Value ($000) $1,798 Avg Close $76.31 Range $69.82 - $81.31

Q3 2021

Shares 18,925 Value ($000) $1,794 Avg Close $81.05 Range $75.65 - $85.77

Q2 2021

Shares 19,133 Value ($000) $1,896 Avg Close $76.42 Range $69.48 - $80.32

Q1 2021

Shares 18,968 Value ($000) $1,683 Avg Close $66.81 Range $61.51 - $72.50

Q4 2020

Shares 19,268 Value ($000) $1,595 Avg Close $60.35 Range $53.35 - $67.03

Q3 2020

Shares 19,418 Value ($000) $1,456 Avg Close $58.86 Range $52.85 - $62.92

Q2 2020

Shares 19,419 Value ($000) $1,360 Avg Close $54.79 Range $50.13 - $59.15

Q1 2020

Shares 19,554 Value ($000) $1,427 Avg Close $60.74 Range $42.00 - $66.43

Q4 2019

Shares 20,332 Value ($000) $1,730 Avg Close $60.01 Range $55.09 - $64.15

Q3 2019

Shares 18,640 Value ($000) $1,415 Avg Close $56.72 Range $49.52 - $64.32

Q2 2019

Shares 20,014 Value ($000) $1,572 Avg Close $58.27 Range $53.58 - $62.74

Q1 2019

Shares 20,052 Value ($000) $1,772 Avg Close $56.07 Range $45.72 - $64.49

Q4 2018

Shares 23,052 Value ($000) $1,539 Avg Close $57.29 Range $44.97 - $63.48

Q3 2018

Shares 25,267 Value ($000) $2,060 Avg Close $55.49 Range $51.68 - $59.05

Q2 2018

Shares 29,414 Value ($000) $2,375 Avg Close $56.59 Range $50.75 - $68.95

Q1 2018

Shares 34,390 Value ($000) $3,418 Avg Close $68.70 Range $63.60 - $73.29

Q4 2017

Shares 33,640 Value ($000) $3,554 Avg Close $69.58 Range $66.26 - $75.19

Q3 2017

Shares 36,440 Value ($000) $4,045 Avg Close $75.24 Range $70.63 - $78.63

Q2 2017

Shares 34,290 Value ($000) $4,027 Avg Close $74.28 Range $69.54 - $79.15

Q1 2017

Shares 43,710 Value ($000) $4,935 Avg Close $65.59 Range $57.11 - $73.45

Q4 2016

Shares 43,710 Value ($000) $3,999 Avg Close $58.23 Range $54.46 - $61.63

Q3 2016

Shares 44,330 Value ($000) $4,310 Avg Close $62.27 Range $60.22 - $64.72

Q2 2016

Shares 45,330 Value ($000) $4,611 Avg Close $61.40 Range $58.97 - $63.30

Q1 2016

Shares 45,480 Value ($000) $4,462 Avg Close $55.87 Range $51.40 - $61.20

Q4 2015

Shares 45,480 Value ($000) $3,998 Avg Close $52.28 Range $47.15 - $54.45

Q3 2015

Shares 46,755 Value ($000) $3,709 Avg Close $48.90 Range $45.45 - $51.37

Q2 2015

Shares 46,755 Value ($000) $3,748 Avg Close $48.32 Range $44.16 - $50.98

Q1 2015

Shares 45,455 Value ($000) $3,424 Avg Close $47.07 Range $44.17 - $49.41

Q4 2014

Shares 40,815 Value ($000) $3,324 Avg Close $49.22 Range $46.45 - $51.65

Q3 2014

Shares 34,515 Value ($000) $2,879 Avg Close $47.89 Range $45.93 - $49.13

Q2 2014

Shares 34,295 Value ($000) $2,891 Avg Close $48.23 Range $45.73 - $51.29

Q1 2014

Shares 34,295 Value ($000) $2,808 Avg Close $44.74 Range $41.65 - $48.24

Q4 2013

Shares 35,295 Value ($000) $3,075 Avg Close $47.83 Range $45.86 - $50.23

Q3 2013

Shares 35,295 Value ($000) $3,056 Avg Close $47.38 Range $44.86 - $49.49

Q2 2013

Shares 35,365 Value ($000) $3,063 Avg Close $49.85 Range $46.13 - $51.86

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	68,209	$10,941	$153.57	$140.83 - $162.62
Q3 2025	76,498	$12,408	$165.18	$152.86 - $180.63
Q2 2025	76,782	$13,984	$167.37	$141.37 - $181.91
Q1 2025	85,609	$13,589	$136.99	$112.16 - $155.27
Q4 2024	70,070	$8,433	$120.59	$112.27 - $128.15
Q3 2024	77,384	$9,394	$109.82	$95.22 - $121.13
Q2 2024	99,737	$10,106	$91.29	$81.90 - $97.82
Q1 2024	98,640	$9,037	$84.95	$81.22 - $89.05
Q4 2023	96,421	$9,071	$83.71	$79.14 - $87.62
Q3 2023	97,799	$9,054	$86.18	$81.71 - $90.09
Q2 2023	108,329	$10,575	$84.48	$78.65 - $89.98
Q1 2023	106,151	$10,323	$86.95	$79.53 - $92.01
Q4 2022	94,072	$9,521	$81.30	$72.03 - $89.86
Q3 2022	71,673	$5,950	$80.94	$71.26 - $86.66
Q2 2022	41,927	$4,140	$85.41	$79.22 - $91.97
Q1 2022	18,925	$1,778	$82.79	$73.03 - $92.95
Q4 2021	18,925	$1,798	$76.31	$69.82 - $81.31
Q3 2021	18,925	$1,794	$81.05	$75.65 - $85.77
Q2 2021	19,133	$1,896	$76.42	$69.48 - $80.32
Q1 2021	18,968	$1,683	$66.81	$61.51 - $72.50
Q4 2020	19,268	$1,595	$60.35	$53.35 - $67.03
Q3 2020	19,418	$1,456	$58.86	$52.85 - $62.92
Q2 2020	19,419	$1,360	$54.79	$50.13 - $59.15
Q1 2020	19,554	$1,427	$60.74	$42.00 - $66.43
Q4 2019	20,332	$1,730	$60.01	$55.09 - $64.15
Q3 2019	18,640	$1,415	$56.72	$49.52 - $64.32
Q2 2019	20,014	$1,572	$58.27	$53.58 - $62.74
Q1 2019	20,052	$1,772	$56.07	$45.72 - $64.49
Q4 2018	23,052	$1,539	$57.29	$44.97 - $63.48
Q3 2018	25,267	$2,060	$55.49	$51.68 - $59.05
Q2 2018	29,414	$2,375	$56.59	$50.75 - $68.95
Q1 2018	34,390	$3,418	$68.70	$63.60 - $73.29
Q4 2017	33,640	$3,554	$69.58	$66.26 - $75.19
Q3 2017	36,440	$4,045	$75.24	$70.63 - $78.63
Q2 2017	34,290	$4,027	$74.28	$69.54 - $79.15
Q1 2017	43,710	$4,935	$65.59	$57.11 - $73.45
Q4 2016	43,710	$3,999	$58.23	$54.46 - $61.63
Q3 2016	44,330	$4,310	$62.27	$60.22 - $64.72
Q2 2016	45,330	$4,611	$61.40	$58.97 - $63.30
Q1 2016	45,480	$4,462	$55.87	$51.40 - $61.20
Q4 2015	45,480	$3,998	$52.28	$47.15 - $54.45
Q3 2015	46,755	$3,709	$48.90	$45.45 - $51.37
Q2 2015	46,755	$3,748	$48.32	$44.16 - $50.98
Q1 2015	45,455	$3,424	$47.07	$44.17 - $49.41
Q4 2014	40,815	$3,324	$49.22	$46.45 - $51.65
Q3 2014	34,515	$2,879	$47.89	$45.93 - $49.13
Q2 2014	34,295	$2,891	$48.23	$45.73 - $51.29
Q1 2014	34,295	$2,808	$44.74	$41.65 - $48.24
Q4 2013	35,295	$3,075	$47.83	$45.86 - $50.23
Q3 2013	35,295	$3,056	$47.38	$44.86 - $49.49
Q2 2013	35,365	$3,063	$49.85	$46.13 - $51.86