Follow-The-Filings

Featured 13F manager

Fundsmith LLP Terry Smith

London, X0 20 processed 13Fs on this site · 2021 Q3–2026 Q2

  • $13.6B
  • 41 Positions
  • 2026 Q2
  • +6.4% QoQ
  • Top 5 29.8%

Portfolio

2026 Q2 · filed 8/14/2026 · 41 long · top 12 shown

top 5 29.8% · top 10 52.5%

AUM over time

2026 Q2 $13.6B +6.4% QoQ
2021 Q3 · $36.2B 2021 Q3 · $36.2B
Q3 2021
2021 Q4 · $41B · +13.3% QoQ 2021 Q4 · $41B · +13.3% QoQ
Q4
2022 Q1 · $29.1B · −28.9% QoQ 2022 Q1 · $29.1B · −28.9% QoQ
Q1 2022
2022 Q2 · $22.7B · −22.2% QoQ 2022 Q2 · $22.7B · −22.2% QoQ
Q2
2022 Q3 · $21.1B · −7.0% QoQ 2022 Q3 · $21.1B · −7.0% QoQ
Q3
2022 Q4 · $21.9B · +3.9% QoQ 2022 Q4 · $21.9B · +3.9% QoQ
Q4
2023 Q1 · $23.2B · +5.8% QoQ 2023 Q1 · $23.2B · +5.8% QoQ
Q1 2023
2023 Q2 · $23.8B · +2.8% QoQ 2023 Q2 · $23.8B · +2.8% QoQ
Q2
2023 Q3 · $22B · −7.7% QoQ 2023 Q3 · $22B · −7.7% QoQ
Q3
2023 Q4 · $23.9B · +8.5% QoQ 2023 Q4 · $23.9B · +8.5% QoQ
Q4
2024 Q1 · $25.6B · +7.0% QoQ 2024 Q1 · $25.6B · +7.0% QoQ
Q1 2024
2024 Q2 · $24.5B · −4.0% QoQ 2024 Q2 · $24.5B · −4.0% QoQ
Q2
2024 Q3 · $25.3B · +3.0% QoQ 2024 Q3 · $25.3B · +3.0% QoQ
Q3
2024 Q4 · $23.5B · −7.2% QoQ 2024 Q4 · $23.5B · −7.2% QoQ
Q4
2025 Q1 · $22B · −6.3% QoQ 2025 Q1 · $22B · −6.3% QoQ
Q1 2025
2025 Q2 · $23B · +4.7% QoQ 2025 Q2 · $23B · +4.7% QoQ
Q2
2025 Q3 · $19.8B · −14.0% QoQ 2025 Q3 · $19.8B · −14.0% QoQ
Q3
2025 Q4 · $17.1B · −13.5% QoQ 2025 Q4 · $17.1B · −13.5% QoQ
Q4
2026 Q1 · $12.8B · −25.1% QoQ 2026 Q1 · $12.8B · −25.1% QoQ
Q1 2026
2026 Q2 · $13.6B · +6.4% QoQ 2026 Q2 · $13.6B · +6.4% QoQ
Q2

Book

2022 Q1 2021 Q4 · filed 16 May · long equity

MSFT - Microsoft 10.61% Reduce −22.9% 10,018,432 $308.31 $3.1B −2,983,934 −$1.3B
IDXX - Idexx Laboratories 6.80% Reduce −14.7% 3,618,062 $547.06 $2B −624,221 −$814M
EL - Estee Lauder · CL A 5.42% Reduce −19.1% 5,794,870 $272.32 $1.6B −1,370,291 −$1.1B
SYK - Stryker 5.37% Reduce −19.4% 5,846,171 $267.35 $1.6B −1,406,517 −$377M
PM - Philip Morris International 5.31% Reduce −19.4% 16,457,291 $93.94 $1.5B −3,966,136 −$394M
MKC - Mccormick & Non Vtg Shrs 5.31% Reduce −18.1% 15,486,666 $99.80 $1.5B −3,424,252 −$281M
INTU - Intuit 4.97% Reduce −19.4% 3,006,900 $480.84 $1.4B −725,977 −$955M
PEP - Pepsico 4.49% Reduce −25.1% 7,807,921 $167.38 $1.3B −2,610,281 −$503M
ADP - Automatic Data Processing 4.35% Reduce −21.6% 5,562,848 $227.54 $1.3B −1,531,542 −$484M
V - VISA · CL A 4.29% Reduce −18.1% 5,628,028 $221.77 $1.2B −1,240,666 −$240M
META - Meta Platforms · CL A 4.18% Reduce −19.5% 5,476,931 $222.36 $1.2B −1,323,330 −$1.1B
PYPL - Paypal 4.16% Reduce −19.5% 10,476,837 $115.65 $1.2B −2,542,615 −$1.2B
WAT - Waters 3.93% Reduce −18.3% 3,687,572 $310.39 $1.1B −823,307 −$536M
AMZN - Amazon Ord 3.79% Reduce −20.3% 338,898 $3,260 $1.1B −86,528 −$314M
GOOGL - Alphabet · CL A 3.63% Reduce −9.2% 380,432 $2,781 $1.1B −38,664 −$156M
NKE - NIKE · CL B 3.11% Reduce −23.2% 6,726,427 $134.56 $905M −2,027,555 −$554M
ADBE - Adobe Ord 3.01% New 1,923,197 $455.62 $876M +1,923,197 +$876M
CHD - Church And Dwight Ord 2.88% Reduce −27.6% 8,438,079 $99.38 $839M −3,220,240 −$356M
BF.B - Brown Forman · CL B 2.71% Reduce −23.7% 11,784,004 $67.02 $790M −3,669,290 −$336M
SBUX - Starbucks 2.57% Reduce −28.9% 8,233,643 $90.97 $749M −3,343,106 −$605M
MTD - Mettler Toledo Ord 1.95% New 412,603 $1,373 $567M +412,603 +$567M
SABR - Sabre 0.89% Add 0.0% 22,673,573 $11.43 $259M +1,336 +$64M
FTNT - Fortinet Ord 0.54% Reduce −27.3% 461,993 $341.74 $158M −173,782 −$71M
VRSK - Verisk Analytics 0.52% Reduce −11.3% 704,713 $214.63 $151M −89,504 −$30M
ANSS - Ansys 0.51% Add 0.0% 465,713 $317.65 $148M +63 −$39M
CGNX - Cognex 0.51% Add +5.2% 1,907,048 $77.15 $147M +94,955 +$6M
VRSN - Verisign 0.48% Reduce −9.8% 626,508 $222.46 $139M −68,273 −$37M
QLYS - Qualys 0.46% Reduce −12.5% 938,828 $142.41 $134M −133,995 −$14M
EFX - Equifax 0.40% Reduce −27.6% 494,685 $237.10 $117M −188,546 −$83M
Masimo 0.38% Add +74.6% 761,096 $145.54 $111M +325,159 −$17M
MSCI - MSCI Inc 0.36% Add 0.0% 211,000 $502.88 $106M +29 −$23M
WING - Wingstop Ord 0.34% Add +47.6% 832,538 $117.35 $98M +268,355 +$207K
IPGP - Ipg Photonics 0.32% Hold 852,972 $109.76 $94M
PAYC - Paycom Software 0.31% Add +18.2% 258,063 $346.38 $89M +39,689 −$1M
ROL - Rollins Ord 0.27% Reduce −12.9% 2,282,107 $35.05 $80M −337,858 −$10M
PG - Procter & Gamble Ord 0.16% Reduce −16.4% 310,330 $152.80 $47M −60,799 −$13M
HD - Home Depot Ord 0.15% Reduce −7.2% 148,076 $299.33 $44M −11,567 −$22M
JNJ - Johnson & Johnson 0.15% Reduce −96.6% 242,435 $177.23 $43M −6,976,763 −$1.2B
ZTS - Zoetis Ord · CL A 0.14% Reduce −16.4% 220,428 $188.59 $42M −43,186 −$23M
MELI - Mercadolibre 0.10% Hold 24,225 $1,189 $29M
WNS - 0.06% Hold 193,179 $85.49 $17M
TSM - Taiwan Semiconductor 0.05% Hold 141,721 $104.26 $15M
Genpact 0.05% Hold 317,337 $43.51 $14M
XP — · CL A 0.03% Hold 253,367 $30.10 $8M

Exits / last held

not current holdings · last reported size, unchanged · gone vs 2021 Q4

Stock % of portfolio Recent activity Shares Reported price* Value Share change $ change
Ao Smith 0.37% Exit 0 $85.85 $153M −1,778,319 −$153M
CL - Colgate Palmolive 0.03% Exit 0 $85.34 $11M −128,780 −$11M

* Reported price is value ÷ shares from the 13F as of period end — not a live market quote. Weight % is each long-equity position ÷ full 13F AUM, so rows may not sum to 100% when the filing includes options or other non-equity (excluded from this table). Share change and $ change are vs 2021 Q4. Click column headers to sort · click New / Hold / Add / Reduce to promote that move type to the top. Exit opens the last-held block below.

Filings history

20 periods · normalized AUM · open a period for holdings

Period Holdings AUM QoQ Form Filed Filing ID
2026 Q2 41 $13.6B +6.4% 13F-HR 8/14/2026 000156920526000012
2026 Q1 34 $12.8B −25.1% 13F-HR 5/15/2026 000156920526000005
2025 Q4 37 $17.1B −13.5% 13F-HR 2/17/2026 000156920526000002
2025 Q3 35 $19.8B −14.0% 13F-HR 11/14/2025 000156920525000004
2025 Q2 39 $23B +4.7% 13F-HR 8/14/2025 000180154725000008
2025 Q1 38 $22B −6.3% 13F-HR 5/15/2025 000152002325000003
2024 Q4 38 $23.5B −7.2% 13F-HR 2/14/2025 000152002325000002
2024 Q3 40 $25.3B +3.0% 13F-HR 11/14/2024 000152002324000040
2024 Q2 40 $24.5B −4.0% 13F-HR 8/14/2024 000152002324000030
2024 Q1 40 $25.6B +7.0% 13F-HR 5/15/2024 000152002324000020
2023 Q4 40 $23.9B +8.5% 13F-HR 2/14/2024 000152002324000014
2023 Q3 39 $22B −7.7% 13F-HR 11/14/2023 000152002323000012
2023 Q2 39 $23.8B +2.8% 13F-HR 8/14/2023 000152002323000011
2023 Q1 40 $23.2B +5.8% 13F-HR 5/15/2023 000152002323000010
2022 Q4 38 $21.9B +3.9% 13F-HR 2/14/2023 000152002323000001
2022 Q3 46 $21.1B −7.0% 13F-HR 11/14/2022 000152002322000010
2022 Q2 43 $22.7B −22.2% 13F-HR 8/15/2022 000152002322000009
2022 Q1 44 $29.1B −28.9% 13F-HR 5/16/2022 000152002322000006
2021 Q4 44 $41B +13.3% 13F-HR 2/14/2022 000186853722000005
2021 Q3 43 $36.2B 13F-HR 11/12/2021 000152002321000007

About

Fundsmith LLP

20 processed 13Fs on this site · 2021 Q3–2026 Q2

Notable person
Terry Smith
SEC filing name
Fundsmith LLP
Location
London, X0
All SEC filings
View on sec.gov