22 hedge funds and family offices disclose a PM position in their latest SEC 13F filing — combined $3.32B in market value. Of those, 7 are classified as value investors.
| # | Investor | Fund | Shares | Value | % of Portfolio | Filed |
|---|---|---|---|---|---|---|
| 1 | Terry Smith | Fundsmith LLP | 6,124,597 | $982.4M | 5.74% | 2025-12-31 |
| 2 | Thomas Russo | Gardner Russo & Quinn LLC | 4,605,069 | $761.4M | 8.96% | 2026-03-31 |
| 3 | Viking Global | Viking Global Investors LP | 4,426,128 | $717.9M | 1.86% | 2025-09-30 |
| 4 | Stephen Mandel | Lone Pine Capital LLC | 2,643,579 | $424.0M | 3.12% | 2025-12-31 |
| 5 | Lee Ainslie | Maverick Capital Ltd | 2,177,027 | $349.2M | 3.75% | 2025-12-31 |
| 6 | David Abrams | Abrams Capital Management, L.P. | 587,225 | $28.2M | 2.26% | 2008-09-30 |
| 7 | Tom Gayner | Markel Group Inc. | 114,500 | $18.9M | 0.16% | 2026-03-31 |
| 8 | George Soros | Soros Fund Management LLC | 112,294 | $18.6M | 0.25% | 2026-03-31 |
| 9 | Stanley Druckenmiller | Duquesne Family Office LLC | 67,400 | $10.8M | 0.26% | 2025-12-31 |
| 10 | Peter Thiel | Thiel Macro LLC | 45,000 | $1.6M | 0.30% | 2009-03-31 |
| 11 | Bruce Berkowitz | Fairholme Capital Management LLC | 14,100 | $1.2M | 0.09% | 2020-12-31 |
| 12 | Donald Yacktman | Yacktman Asset Management LP | 5,900 | $976K | 0.01% | 2026-03-31 |
| 13 | Steven Romick | First Pacific Advisors LP | 6,715 | $680K | 0.01% | 2022-12-31 |
| 14 | Mairs & Power | Mairs & Power Inc | 2,649 | $425K | 0.00% | 2025-12-31 |
| 15 | Matrix Asset Advisors | Matrix Asset Advisors Inc/NY | 1,229 | $224K | 0.02% | 2025-06-30 |
| 16 | Ray Dalio | Bridgewater Associates LP | 1,221 | $202K | 0.00% | 2026-03-31 |
| 17 | Christopher Bloomstran | Semper Augustus Investments Group LLC | 620 | $99K | 0.01% | 2025-12-31 |
| 18 | Chase Coleman | Tiger Global Management LLC | 1,425,100 | $62K | 2.89% | 2009-06-30 |
| 19 | Christopher Davis | Davis Selected Advisers, LP | 58,067 | $5K | 0.02% | 2014-12-31 |
| 20 | Tweedy Browne | Tweedy Browne Company LLC | 41,843 | $4K | 0.13% | 2018-03-31 |
| 21 | Torray Funds | Torray Investment Partners LLC | 24,143 | $2K | 0.20% | 2018-09-30 |
| 22 | Harry Burn | Sound Shore Management Inc /CT/ | 5,010 | $408 | 0.01% | 2014-12-31 |
As of the latest 13F window, 22 tracked superinvestors hold PM. The largest disclosed position is Terry Smith at $982.4M (5.7% of portfolio).
13F filings are due 45 days after each quarter end and capture long-equity positions held by U.S. institutional managers with $100M+ AUM. Use this page to see exactly who is buying PM, how concentrated each position is, and the implied conviction level relative to the rest of each investor's book.
Key takeaways
22 hedge funds and family offices disclose a PM position in their latest SEC 13F filing — combined $3.32B in market value. Of those, 7 are classified as value investors.
| # | Investor | Fund | Shares | Value | % of Portfolio | Filed |
|---|---|---|---|---|---|---|
| 1 | Terry Smith | Fundsmith LLP | 6,124,597 | $982.4M | 5.74% | 2025-12-31 |
| 2 | Thomas Russo | Gardner Russo & Quinn LLC | 4,605,069 | $761.4M | 8.96% | 2026-03-31 |
| 3 | Viking Global | Viking Global Investors LP | 4,426,128 | $717.9M | 1.86% | 2025-09-30 |
| 4 | Stephen Mandel | Lone Pine Capital LLC | 2,643,579 | $424.0M | 3.12% | 2025-12-31 |
| 5 | Lee Ainslie | Maverick Capital Ltd | 2,177,027 | $349.2M | 3.75% | 2025-12-31 |
| 6 | David Abrams | Abrams Capital Management, L.P. | 587,225 | $28.2M | 2.26% | 2008-09-30 |
| 7 | Tom Gayner | Markel Group Inc. | 114,500 | $18.9M | 0.16% | 2026-03-31 |
| 8 | George Soros | Soros Fund Management LLC | 112,294 | $18.6M | 0.25% | 2026-03-31 |
| 9 | Stanley Druckenmiller | Duquesne Family Office LLC | 67,400 | $10.8M | 0.26% | 2025-12-31 |
| 10 | Peter Thiel | Thiel Macro LLC | 45,000 | $1.6M | 0.30% | 2009-03-31 |
| 11 | Bruce Berkowitz | Fairholme Capital Management LLC | 14,100 | $1.2M | 0.09% | 2020-12-31 |
| 12 | Donald Yacktman | Yacktman Asset Management LP | 5,900 | $976K | 0.01% | 2026-03-31 |
| 13 | Steven Romick | First Pacific Advisors LP | 6,715 | $680K | 0.01% | 2022-12-31 |
| 14 | Mairs & Power | Mairs & Power Inc | 2,649 | $425K | 0.00% | 2025-12-31 |
| 15 | Matrix Asset Advisors | Matrix Asset Advisors Inc/NY | 1,229 | $224K | 0.02% | 2025-06-30 |
| 16 | Ray Dalio | Bridgewater Associates LP | 1,221 | $202K | 0.00% | 2026-03-31 |
| 17 | Christopher Bloomstran | Semper Augustus Investments Group LLC | 620 | $99K | 0.01% | 2025-12-31 |
| 18 | Chase Coleman | Tiger Global Management LLC | 1,425,100 | $62K | 2.89% | 2009-06-30 |
| 19 | Christopher Davis | Davis Selected Advisers, LP | 58,067 | $5K | 0.02% | 2014-12-31 |
| 20 | Tweedy Browne | Tweedy Browne Company LLC | 41,843 | $4K | 0.13% | 2018-03-31 |
| 21 | Torray Funds | Torray Investment Partners LLC | 24,143 | $2K | 0.20% | 2018-09-30 |
| 22 | Harry Burn | Sound Shore Management Inc /CT/ | 5,010 | $408 | 0.01% | 2014-12-31 |
As of the latest 13F window, 22 tracked superinvestors hold PM. The largest disclosed position is Terry Smith at $982.4M (5.7% of portfolio).
13F filings are due 45 days after each quarter end and capture long-equity positions held by U.S. institutional managers with $100M+ AUM. Use this page to see exactly who is buying PM, how concentrated each position is, and the implied conviction level relative to the rest of each investor's book.
Key takeaways
