Vanguard Capital Management Acquires 7.48% Stake in Philip Morris International Inc

On April 30, 2026, Vanguard Capital Management LLC filed a Schedule 13G with the SEC, reporting a new significant ownership stake in Philip Morris International Inc (PM). As of the event date on March 31, 2026, the firm beneficially owns 116,641,154 shares of Common Stock, representing 7.48% of the company. The filing indicates that Vanguard holds sole dispositive power over the entire 116,641,154 shares, while maintaining sole voting power over 15,484,880 shares. This position includes holdings across various Vanguard affiliates, including Vanguard Asset Management Limited and Vanguard Global Advisers, LLC. The shares were acquired in the ordinary course of business and not for the purpose of influencing or changing the control of the issuer. This filing marks a significant increase from a previous 0.0% ownership position, establishing Vanguard as a major institutional shareholder in the tobacco giant.