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

2023 Q3 2023 Q2 · filed 14 Nov · long equity

MSFT - Microsoft 12.41% Reduce −4.0% 8,648,822 $315.75 $2.7B −363,769 −$338M
SYK - Stryker 6.85% Add +0.1% 5,518,803 $273.27 $1.5B +7,158 −$173M
META - Meta Platforms · CL A 6.83% Reduce −11.4% 5,006,145 $300.21 $1.5B −646,992 −$119M
PM - Philip Morris International 6.34% Reduce −4.6% 15,064,536 $92.58 $1.4B −720,380 −$146M
ADP - Automatic Data Processing 6.03% Reduce −0.1% 5,520,512 $240.58 $1.3B −5,856 +$113M
V - VISA · CL A 6.02% Reduce −0.1% 5,756,599 $230.01 $1.3B −4,684 −$44M
IDXX - Idexx Laboratories 5.89% Add +0.1% 2,964,554 $437.27 $1.3B +3,003 −$191M
MKC - Mccormick & Non Vtg Shrs 5.26% Reduce −1.0% 15,312,665 $75.64 $1.2B −154,442 −$191M
PEP - Pepsico 5.11% Reduce −0.1% 6,639,272 $169.44 $1.1B −5,695 −$106M
WAT - Waters 4.74% Reduce −0.1% 3,806,494 $274.21 $1B −2,979 +$28M
GOOGL - Alphabet · CL A 4.51% Reduce −0.4% 7,588,728 $130.86 $993M −26,908 +$81M
MAR - Marriott International · CL A 3.93% Add +2236.5% 4,395,681 $196.56 $864M +4,207,552 +$829M
PG - Procter & Gamble Ord 3.21% Reduce −0.1% 4,846,573 $145.86 $707M −2,604 −$29M
BF.B - Brown Forman · CL B 3.17% Reduce −0.9% 12,086,171 $57.69 $697M −109,346 −$117M
CHD - Church And Dwight Ord 3.03% Add +9.1% 7,274,964 $91.63 $667M +606,208 −$2M
NKE - NIKE · CL B 2.91% Reduce −0.1% 6,702,262 $95.62 $641M −8,384 −$100M
MTD - Mettler Toledo Ord 2.86% Reduce −0.1% 568,520 $1,108 $630M −624 −$117M
OTIS - Otis Worldwide Ord 2.35% Reduce −0.1% 6,450,913 $80.31 $518M −4,498 −$57M
FTNT - Fortinet Ord 1.31% Add +112.9% 4,924,241 $58.68 $289M +2,610,938 +$114M
AAPL - Apple 1.04% Add 0.0% 1,333,286 $171.21 $228M +651 −$30M
VRSN - Verisign 0.62% Reduce −0.7% 670,166 $202.53 $136M −4,625 −$17M
VRSK - Verisk Analytics 0.57% Reduce −0.7% 526,454 $236.24 $124M −3,633 +$5M
MSCI - MSCI Inc 0.49% Reduce −0.7% 209,869 $513.08 $108M −1,448 +$9M
SABR - Sabre 0.46% Reduce −0.7% 22,552,058 $4.49 $101M −155,629 +$29M
QLYS - Qualys 0.45% Reduce −0.7% 653,895 $152.55 $100M −4,512 +$15M
EXPO - Exponent 0.42% Reduce −0.7% 1,092,545 $85.60 $94M −7,556 −$9M
EFX - Equifax 0.41% Reduce −0.7% 491,906 $183.18 $90M −3,395 −$26M
GGG - Graco Ord 0.40% Reduce −0.5% 1,222,976 $72.88 $89M −6,252 −$17M
CGNX - Cognex 0.39% Reduce −0.7% 2,045,671 $42.44 $87M −14,117 −$29M
IEX - Idex Ord 0.37% Reduce −0.5% 389,008 $208.02 $81M −2,116 −$3M
ROL - Rollins Ord 0.29% Reduce −0.7% 1,714,331 $37.33 $64M −11,830 −$10M
IPGP - Ipg Photonics 0.26% Reduce −0.7% 556,157 $101.54 $56M −4,041 −$20M
HD - Home Depot Ord 0.20% Add +0.2% 147,657 $302.16 $45M +276 −$1M
JNJ - Johnson & Johnson 0.19% Add +0.2% 274,378 $155.75 $43M +514 −$3M
PAYC - Paycom Software 0.19% Reduce −0.7% 159,904 $259.27 $41M −1,103 −$10M
ZTS - Zoetis Ord · CL A 0.18% Add +0.2% 222,803 $173.98 $39M +417 +$466K
MA - Mastercard Ord · CL A 0.11% Add +0.7% 62,758 $395.91 $25M +424 +$331K
MCD - Mcdonald S Ord 0.11% New 92,320 $263.44 $24M +92,320 +$24M
Oddity Tech · CL A 0.07% New 575,000 $28.35 $16M +575,000 +$16M

Exits / last held

not current holdings · last reported size, unchanged · gone vs 2023 Q2

Stock % of portfolio Recent activity Shares Reported price* Value Share change $ change
EL - Estee Lauder · CL A 4.46% Exit 0 $196.38 $1.1B −5,418,525 −$1.1B
Masimo 0.50% Exit 0 $164.55 $120M −730,377 −$120M

* 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 2023 Q2. 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