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Fundsmith

Terry Smith / Fundsmith

Publicly disclosed long equity holdings.

20 / 20 quarters verified
Disclosed long shares$19.80B
Positions35
Top 10 concentration67.7%
New0
Increased8
Valuation basis

Value covers disclosed long shares only; options and principal amounts are excluded. Values flagged by cross-filer unit reconciliation are estimates.

Portfolio holdings

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FiledInvestorStockChangeShares ΔWeightSource
2025-11-14FundsmithSYKSTRYKER CORPORATIONCOMDecreased-1.8%8.57% +0.5 ppSEC filing
2025-11-14FundsmithIDXXIDEXX LABS INCCOMDecreased-1.1%8.43% +2.3 ppSEC filing
2025-11-14FundsmithGOOGLALPHABET INCCAP STK CL ADecreased-7.6%7.72% +2.5 ppSEC filing
2025-11-14FundsmithMSFTMICROSOFT CORPCOMDecreased-47.7%6.76% -3.9 ppSEC filing
2025-11-14FundsmithVVISA INCCOM CL AUnchanged+0.0%6.65% +0.7 ppSEC filing
2025-11-14FundsmithADPAUTOMATIC DATA PROCESSING INCOMDecreased-1.2%6.39% +0.5 ppSEC filing
2025-11-14FundsmithWATWATERS CORPCOMIncreased+9.6%5.99% +0.5 ppSEC filing
2025-11-14FundsmithPMPHILIP MORRIS INTL INCCOMDecreased-20.8%5.89% -1.3 ppSEC filing
2025-11-14FundsmithMETAMETA PLATFORMS INCCL ADecreased-56.3%5.78% -5.7 ppSEC filing
2025-11-14FundsmithMARMARRIOTT INTL INC NEWCL AUnchanged-0.2%5.56% +0.5 ppSEC filing
2025-11-14FundsmithMETTLER TOLEDO INTERNATIONALMETTLER TOLEDO INTERNATIONALCOMUnchanged+0.1%3.66% +0.7 ppSEC filing
2025-11-14FundsmithFORTINET INCFORTINET INCCOMUnchanged+0.0%3.58% -0.3 ppSEC filing
2025-11-14FundsmithPROCTER & GAMBLE COPROCTER & GAMBLE COCOMUnchanged+0.1%3.55% +0.4 ppSEC filing
2025-11-14FundsmithCHURCH & DWIGHT CO INCCHURCH & DWIGHT CO INCCOMUnchanged-0.4%3.01% +0.2 ppSEC filing
2025-11-14FundsmithOTIS WORLDWIDE CORPOTIS WORLDWIDE CORPCOMUnchanged0.0%2.69% +0.2 ppSEC filing
2025-11-14FundsmithZOETIS INCZOETIS INCCL AIncreased+25.3%2.67% +0.7 ppSEC filing
2025-11-14FundsmithTXNTEXAS INSTRS INCCOMUnchanged+0.1%2.53% +0.1 ppSEC filing
2025-11-14FundsmithNIKE INCNIKE INCCL BUnchanged0.0%2.16% +0.3 ppSEC filing
2025-11-14FundsmithINTUITINTUITCOMIncreased+64.0%2.09% +0.8 ppSEC filing
2025-11-14FundsmithQUALYS INCQUALYS INCCOMIncreased+21.2%0.58% +0.1 ppSEC filing
2025-11-14FundsmithPAYCOM SOFTWARE INCPAYCOM SOFTWARE INCCOMIncreased+26.6%0.55% +0.1 ppSEC filing
2025-11-14FundsmithDOXIMITY INCDOXIMITY INCCL AUnchanged0.0%0.50% +0.1 ppSEC filing
2025-11-14FundsmithMSCIMSCI INCCOMUnchanged0.0%0.48% +0.1 ppSEC filing
2025-11-14FundsmithVRTVERTIV HOLDINGS COCOM CL ADecreased-18.4%0.45% +0.0 ppSEC filing
2025-11-14FundsmithODDITY TECH LTDODDITY TECH LTDSHS CL AUnchanged0.0%0.45% -0.0 ppSEC filing
2025-11-14FundsmithROLLINS INCROLLINS INCCOMUnchanged0.0%0.44% +0.1 ppSEC filing
2025-11-14FundsmithGRACO INCGRACO INCCOMUnchanged0.0%0.39% +0.1 ppSEC filing
2025-11-14FundsmithNAPCO SEC TECHNOLOGIES INCNAPCO SEC TECHNOLOGIES INCCOMIncreased+86.4%0.39% +0.3 ppSEC filing
2025-11-14FundsmithVRSNVERISIGN INCCOMUnchanged0.0%0.38% +0.0 ppSEC filing
2025-11-14FundsmithCLOROX CO DELCLOROX CO DELCOMUnchanged0.0%0.38% +0.1 ppSEC filing
2025-11-14FundsmithCATALYST PHARMACEUTICALS INCCATALYST PHARMACEUTICALS INCCOMIncreased+24.2%0.33% +0.1 ppSEC filing
2025-11-14FundsmithMEDPACE HLDGS INCMEDPACE HLDGS INCCOMUnchanged0.0%0.33% +0.2 ppSEC filing
2025-11-14FundsmithMANHATTAN ASSOCIATES INCMANHATTAN ASSOCIATES INCCOMUnchanged0.0%0.30% +0.1 ppSEC filing
2025-11-14FundsmithSABRE CORPSABRE CORPCOMUnchanged0.0%0.20% -0.1 ppSEC filing
2025-11-14FundsmithHDHOME DEPOT INCCOMIncreased+1.8%0.17% +0.0 ppSEC filing

Latest changes

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FiledInvestorStockChangeShares ΔWeightSource
2025-11-14FundsmithMETAMETA PLATFORMS INCCL ADecreased-56.3%5.78% -5.7 ppSEC filing
2025-11-14FundsmithMSFTMICROSOFT CORPCOMDecreased-47.7%6.76% -3.9 ppSEC filing
2025-11-14FundsmithSYKSTRYKER CORPORATIONCOMDecreased-1.8%8.57% +0.5 ppSEC filing
2025-11-14FundsmithIDXXIDEXX LABS INCCOMDecreased-1.1%8.43% +2.3 ppSEC filing
2025-11-14FundsmithGOOGLALPHABET INCCAP STK CL ADecreased-7.6%7.72% +2.5 ppSEC filing
2025-11-14FundsmithPMPHILIP MORRIS INTL INCCOMDecreased-20.8%5.89% -1.3 ppSEC filing
2025-11-14FundsmithADPAUTOMATIC DATA PROCESSING INCOMDecreased-1.2%6.39% +0.5 ppSEC filing
2025-11-14FundsmithWATWATERS CORPCOMIncreased+9.6%5.99% +0.5 ppSEC filing
2025-11-14FundsmithZOETIS INCZOETIS INCCL AIncreased+25.3%2.67% +0.7 ppSEC filing
2025-11-14FundsmithINTUITINTUITCOMIncreased+64.0%2.09% +0.8 ppSEC filing
2025-11-14FundsmithQUALYS INCQUALYS INCCOMIncreased+21.2%0.58% +0.1 ppSEC filing
2025-11-14FundsmithPAYCOM SOFTWARE INCPAYCOM SOFTWARE INCCOMIncreased+26.6%0.55% +0.1 ppSEC filing

Portfolio history

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QuarterPositionsDisclosed long share value
2026 Q241$13.65B
2026 Q134$12.83B
2025 Q437$17.12B
2025 Q335$19.80B
2025 Q239$23.02B
2025 Q138$21.97B
2024 Q438$23.46B
2024 Q340$25.28B
2024 Q240$24.54B
2024 Q140$25.55B
2023 Q440$23.89B
2023 Q339$22.01B
2023 Q239$23.83B
2023 Q140$23.17B
2022 Q438$21.90B
2022 Q346$21.07B
2022 Q243$22.66B
2022 Q144$29.12B
2021 Q444$40.98B
2021 Q343$36.17B

Sources & reporting managers

Fundsmith LLP · SEC

Original filings & information tables

0001569205-25-000004

0001569205-25-000004

HOLDWISE LETTER · 2026 Q2

Quarterly holdings review

Shared holdings, position changes and the original filings.