- Quarter end
- 31 Dec 2023
- the date the book describes
- Filed
- 5 Nov 2026
- latest of these filings; the earliest 2 Feb 2024
- Managers listing it
- 34
- at least, of 95 tracked, among listed positions
- Comparable managers
- 93
- filed both Q3 2023 and Q4 2023; 29 listed it in both
- Shares listed
- 306,396,765
- combined, among listed positions
- Reported value
- $28.8bn
- combined, at the quarter end
Among the 93 comparable managers: 16 buyers (opened or added shares) and 17 sellers (trimmed or exited), at least, among listed positions. Their net change in shares is not known from listed positions, because at least one of them lists it in only one of the two quarters.
Managers listing PM in Q4 2023
34 of 34 holders
Largest increases and reductions, by shares
Increases
- Capital Research Global Investorsexisting position · 58,416,175 shares now+4,869,272
- Viking Global Investors LPexisting position · 9,623,947 shares now+3,652,163
- Lone Pine Capital LLCnew position · 3,005,791 shares now+3,005,791
- Invesco Ltdexisting position · 19,991,999 shares now+2,844,209
- D1 Capital Partners LPexisting position · 4,748,356 shares now+1,692,312
Reductions
- Capital World Investorsexisting position · 109,562,664 shares now-7,878,571
- T. Rowe Price Associates Incexisting position · 28,227,638 shares now-4,575,955
- Fidelity (FMR LLC)existing position · 11,400,762 shares now-3,085,637
- Wellington Management Group LLPexisting position · 26,936,662 shares now-885,140
- Two Sigma Advisers LPexisting position · 1,166,499 shares now-680,200
New positions and exits
New (4)
Exited (1)
- Element Capital Management LLCwas $16m
Ownership over time
Tracked managers listing it, at least.
| Quarter | Holders | Reported value | Buyers | Sellers |
|---|---|---|---|---|
| Q2 2013 | 29 | $22.1bn | n.a. | n.a. |
| Q3 2013 | 28 | $22.5bn | n.a. | n.a. |
| Q4 2013 | 29 | $22.6bn | n.a. | n.a. |
| Q1 2014 | 30 | $21.4bn | n.a. | n.a. |
| Q2 2014 | 31 | $22.6bn | n.a. | n.a. |
| Q3 2014 | 26 | $22.2bn | n.a. | n.a. |
| Q4 2014 | 27 | $21.7bn | n.a. | n.a. |
| Q1 2015 | 30 | $20.6bn | n.a. | n.a. |
| Q2 2015 | 26 | $21.4bn | n.a. | n.a. |
| Q3 2015 | 25 | $21.6bn | n.a. | n.a. |
| Q4 2015 | 22 | $24.7bn | n.a. | n.a. |
| Q1 2016 | 28 | $29.2bn | n.a. | n.a. |
| Q2 2016 | 34 | $30.6bn | n.a. | n.a. |
| Q3 2016 | 33 | $28.9bn | n.a. | n.a. |
| Q4 2016 | 30 | $27.1bn | n.a. | n.a. |
| Q1 2017 | 26 | $34.1bn | n.a. | n.a. |
| Q2 2017 | 27 | $34.7bn | n.a. | n.a. |
| Q3 2017 | 30 | $32.0bn | n.a. | n.a. |
| Q4 2017 | 27 | $29.4bn | n.a. | n.a. |
| Q1 2018 | 34 | $27.4bn | n.a. | n.a. |
| Q2 2018 | 29 | $23.1bn | n.a. | n.a. |
| Q3 2018 | 21 | $22.5bn | n.a. | n.a. |
| Q4 2018 | 36 | $18.6bn | n.a. | n.a. |
| Q1 2019 | 27 | $23.5bn | n.a. | n.a. |
| Q2 2019 | 24 | $20.4bn | n.a. | n.a. |
| Q3 2019 | 28 | $18.8bn | n.a. | n.a. |
| Q4 2019 | 29 | $21.8bn | n.a. | n.a. |
| Q1 2020 | 25 | $19.1bn | n.a. | n.a. |
| Q2 2020 | 28 | $18.0bn | n.a. | n.a. |
| Q3 2020 | 25 | $19.7bn | n.a. | n.a. |
| Q4 2020 | 25 | $21.5bn | n.a. | n.a. |
| Q1 2021 | 27 | $22.1bn | n.a. | n.a. |
| Q2 2021 | 20 | $23.2bn | n.a. | n.a. |
| Q3 2021 | 25 | $22.8bn | n.a. | n.a. |
| Q4 2021 | 26 | $22.3bn | n.a. | n.a. |
| Q1 2022 | 29 | $23.2bn | n.a. | n.a. |
| Q2 2022 | 28 | $25.8bn | n.a. | n.a. |
| Q3 2022 | 33 | $22.2bn | n.a. | n.a. |
| Q4 2022 | 26 | $27.0bn | n.a. | n.a. |
| Q1 2023 | 36 | $27.6bn | n.a. | n.a. |
| Q2 2023 | 29 | $28.9bn | n.a. | n.a. |
| Q3 2023 | 32 | $28.5bn | n.a. | n.a. |
| Q4 2023 | 34 | $28.8bn | 16 | 17 |
| Q1 2024 | 36 | $28.4bn | 21 | 13 |
| Q2 2024 | 31 | $31.4bn | 16 | 14 |
| Q3 2024 | 39 | $38.2bn | 22 | 15 |
| Q4 2024 | 40 | $36.6bn | 22 | 17 |
| Q1 2025 | 44 | $49.1bn | 20 | 22 |
| Q2 2025 | 44 | $54.3bn | 19 | 23 |
| Q3 2025 | 36 | $49.3bn | 20 | 15 |
| Q4 2025 | 26 | $50.5bn | 20 | 24 |
| Q1 2026 | 25 | $57.3bn | 22 | 17 |
| Q2 2026 | 27 | $63.8bn | 20 | 19 |
Compare with…
Holders over time, buyers and sellers, and the managers holding both, side by side for up to four stocks.
PM and KO →PM and COST →PM and CVS →Choose a stock to compare with PM →
How much of the picture this is
A 13F is a manager’s long US-listed equity book at a quarter end, filed up to 45 days later. It shows no shorts, cash, bonds or performance, and it is never today’s portfolio. Large books are listed to their largest positions, so a manager missing from this table may still hold a small position below that line. These are 95 tracked managers, not the institutional market.
Which funds own PM, latest filings →Back to the 13F Explorer →