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

2025 Q2 2025 Q1 · filed 14 Aug · long equity

META - Meta Platforms · CL A 11.44% Reduce −8.1% 3,568,752 $738.09 $2.6B −315,044 +$396M
MSFT - Microsoft 10.68% Reduce −8.0% 4,941,509 $497.41 $2.5B −428,653 +$442M
SYK - Stryker 8.04% Reduce −7.7% 4,677,007 $395.63 $1.9B −392,180 −$37M
PM - Philip Morris Intl 7.18% Reduce −16.0% 9,074,195 $182.13 $1.7B −1,731,697 −$63M
IDXX - Idexx Labs 6.15% Reduce −0.3% 2,639,289 $536.34 $1.4B −9,042 +$303M
V - VISA · CL A 5.95% Reduce −6.8% 3,854,071 $355.05 $1.4B −282,953 −$81M
ADP - Automatic Data Processing 5.84% Reduce −3.4% 4,362,099 $308.40 $1.3B −151,800 −$34M
WAT - Waters 5.47% Reduce −0.1% 3,608,407 $349.04 $1.3B −4,790 −$72M
GOOGL - Alphabet · CL A 5.21% Reduce −0.6% 6,803,454 $176.23 $1.2B −39,759 +$141M
MAR - Marriott Intl · CL A 5.03% Reduce −0.4% 4,236,599 $273.21 $1.2B −14,961 +$145M
FTNT - Fortinet 3.87% Reduce −1.2% 8,418,362 $105.72 $890M −104,678 +$70M
PG - Procter And Gamble 3.16% Reduce −1.0% 4,572,280 $159.32 $728M −48,126 −$59M
MTD - Mettler Toledo 3.01% Reduce −0.1% 590,037 $1,175 $693M −801 −$5M
CHD - Church & Dwight 2.85% Reduce −0.3% 6,824,289 $96.11 $656M −23,197 −$98M
OTIS - Otis Worldwide 2.50% Reduce −0.8% 5,819,151 $99.02 $576M −47,586 −$29M
TXN - Texas Instrs 2.45% Reduce −0.2% 2,720,290 $207.62 $565M −5,522 +$75M
ZTS - Zoetis · CL A 1.95% Add +13.3% 2,884,831 $155.95 $450M +338,344 +$31M
NKE - NIKE · CL B 1.89% Reduce −0.1% 6,129,483 $71.04 $435M −6,146 +$46M
INTU - Intuit 1.26% Add +102.9% 368,540 $787.63 $290M +186,912 +$179M
Oddity Tech · CL A 0.46% Reduce −12.3% 1,416,956 $75.47 $107M −198,202 +$37M
QLYS - Qualys 0.45% Hold 718,602 $142.87 $103M
MSCI - MSCI Inc 0.42% Hold 166,619 $576.74 $96M
PAYC - Paycom Software 0.42% Hold 413,510 $231.40 $96M
CHH - Choice Hotels Intl 0.40% Hold 733,892 $126.88 $93M
VRT - Vertiv · CL A 0.40% New 724,923 $128.41 $93M +724,923 +$93M
ROL - Rollins 0.36% Reduce −7.4% 1,478,629 $56.42 $83M −118,884 −$3M
DOCS - Doximity · CL A 0.36% Add +14.0% 1,355,944 $61.34 $83M +166,062 +$14M
VRSN - Verisign 0.34% Reduce −52.5% 270,634 $288.80 $78M −299,401 −$67M
GGG - Graco 0.34% Reduce −21.0% 900,545 $85.97 $77M −239,096 −$18M
CLX - Clorox Del 0.32% Hold 613,497 $120.07 $74M
SABR - Sabre 0.30% Hold 21,499,095 $3.16 $68M
Catalyst Pharmaceuticals 0.26% Add +25.9% 2,709,086 $21.70 $59M +557,812 +$7M
MANH - Manhattan Associates 0.25% New 288,332 $197.47 $57M +288,332 +$57M
EXPO - Exponent 0.24% Reduce −10.7% 746,820 $74.71 $56M −89,657 −$12M
VRSK - Verisk Analytics 0.24% Reduce −46.7% 176,195 $311.50 $55M −154,429 −$44M
MEDP - Medpace 0.17% Hold 127,537 $313.86 $40M
HD - Home Depot 0.13% Reduce −27.3% 83,367 $366.64 $31M −31,369 −$11M
NSSC - Napco Sec Technologies 0.12% New 954,912 $29.69 $28M +954,912 +$28M
MA - Mastercard · CL A 0.07% Reduce −44.1% 27,663 $561.94 $16M −21,791 −$12M

Exits / last held

not current holdings · last reported size, unchanged · gone vs 2025 Q1

Stock % of portfolio Recent activity Shares Reported price* Value Share change $ change
BF.B - Brown Forman · CL B 1.49% Exit 0 $33.94 $327M −9,637,881 −$327M
EFX - Equifax 0.26% Exit 0 $243.56 $57M −235,505 −$57M

* 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 2025 Q1. 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