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

2024 Q1 2023 Q4 · filed 15 May · long equity

MSFT - Microsoft 12.54% Reduce −4.1% 7,617,903 $420.72 $3.2B −325,421 +$218M
META - Meta Platforms · CL A 9.44% Reduce −0.6% 4,969,549 $485.58 $2.4B −29,157 +$644M
SYK - Stryker 7.67% Reduce −0.6% 5,479,066 $357.87 $2B −33,560 +$310M
V - VISA · CL A 6.22% Reduce −0.8% 5,690,596 $279.08 $1.6B −47,935 +$94M
IDXX - Idexx Laboratories 5.74% Reduce −0.5% 2,714,762 $539.93 $1.5B −14,155 −$49M
ADP - Automatic Data Processing 5.64% Reduce −0.9% 5,765,869 $249.74 $1.4B −50,452 +$85M
PM - Philip Morris International 5.32% Reduce −1.4% 14,822,237 $91.62 $1.4B −215,420 −$57M
WAT - Waters 5.07% Reduce −0.9% 3,766,251 $344.23 $1.3B −34,437 +$45M
MAR - Marriott International · CL A 4.31% Reduce −0.6% 4,364,298 $252.31 $1.1B −27,208 +$111M
GOOGL - Alphabet · CL A 4.12% Reduce −0.5% 6,980,992 $150.93 $1.1B −36,419 +$73M
PEP - Pepsico 4.00% Reduce −11.8% 5,845,947 $175.01 $1B −784,419 −$103M
MKC - Mccormick & Non Vtg Shrs 3.68% Reduce −19.0% 12,229,563 $76.81 $939M −2,860,820 −$93M
MTD - Mettler Toledo Ord 3.18% Add +7.5% 610,096 $1,331 $812M +42,503 +$124M
PG - Procter & Gamble Ord 3.05% Reduce −0.8% 4,799,082 $162.25 $779M −40,850 +$69M
CHD - Church And Dwight Ord 2.93% Reduce −1.3% 7,171,440 $104.31 $748M −92,676 +$61M
OTIS - Otis Worldwide Ord 2.45% Reduce −2.3% 6,295,103 $99.27 $625M −147,050 +$49M
NKE - NIKE · CL B 2.40% Reduce −2.6% 6,512,417 $93.98 $612M −172,996 −$114M
BF.B - Brown Forman · CL B 2.32% Reduce −1.7% 11,458,780 $51.62 $592M −193,926 −$74M
FTNT - Fortinet Ord 2.19% Add +11.5% 8,174,985 $68.31 $558M +843,141 +$129M
AAPL - Apple 1.07% Add +19.7% 1,597,544 $171.48 $274M +262,959 +$17M
TXN - Texas Instruments 0.76% New 1,111,306 $174.21 $194M +1,111,306 +$194M
EFX - Equifax 0.50% Reduce −2.6% 472,805 $267.52 $126M −12,764 +$6M
VRSN - Verisign 0.48% Reduce −2.6% 644,143 $189.51 $122M −17,390 −$14M
VRSK - Verisk Analytics 0.44% Reduce −7.9% 478,647 $235.73 $113M −41,025 −$11M
GGG - Graco Ord 0.43% Reduce −2.6% 1,175,486 $93.46 $110M −31,735 +$5M
MSCI - MSCI Inc 0.38% Reduce −17.0% 171,859 $560.45 $96M −35,306 −$21M
CHH — 0.37% New 756,944 $126.35 $96M +756,944 +$96M
QLYS - Qualys 0.37% Reduce −9.4% 565,246 $166.87 $94M −58,709 −$28M
IEX - Idex Ord 0.36% Reduce −2.6% 373,902 $244.02 $91M −10,095 +$8M
CLX - Clorox 0.35% Reduce −2.6% 588,141 $153.11 $90M −15,653 +$4M
EXPO - Exponent 0.34% Reduce −2.6% 1,050,120 $82.69 $87M −28,351 −$8M
CGNX - Cognex 0.33% Reduce −2.6% 1,966,235 $42.42 $83M −53,083 −$879K
ROL - Rollins Ord 0.30% Reduce −2.6% 1,647,761 $46.27 $76M −44,485 +$2M
PAYC - Paycom Software 0.25% Add +106.1% 325,271 $199.01 $65M +167,427 +$32M
Oddity Tech · CL A 0.23% Add +20.2% 1,327,313 $43.45 $58M +222,897 +$6M
HD - Home Depot Ord 0.22% Reduce −2.2% 146,584 $383.60 $56M −3,234 +$4M
SABR - Sabre 0.21% Reduce −2.6% 21,676,328 $2.42 $52M −585,209 −$45M
ZTS - Zoetis Ord · CL A 0.15% Add +1.2% 228,805 $169.21 $39M +2,741 −$6M
MA - Mastercard Ord · CL A 0.12% Add +1.2% 64,449 $481.57 $31M +772 +$4M
MCD - Mcdonald S Ord 0.10% Add +1.2% 93,617 $281.95 $26M +1,122 −$1M

Exits / last held

not current holdings · last reported size, unchanged · gone vs 2023 Q4

Stock % of portfolio Recent activity Shares Reported price* Value Share change $ change
IPGP - Ipg Photonics 0.25% Exit 0 $108.54 $60M −548,993 −$60M
JNJ - Johnson & Johnson 0.18% Exit 0 $156.74 $44M −278,393 −$44M

* 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 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