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

Latest book

2026 Q2 2026 Q1 · filed 13d ago · long equity

MAR - Marriott Intl · CL A 7.02% Reduce −23.3% 2,585,757 $370.59 $958M −785,115 −$144M
SYK - Stryker 6.72% Reduce −4.8% 2,913,833 $314.84 $917M −147,583 −$89M
WAT - Waters 6.25% Reduce −29.2% 2,273,632 $375.04 $853M −938,443 −$104M
V - VISA · CL A 5.08% Reduce −34.9% 2,019,810 $343.09 $693M −1,084,280 −$245M
UBER - UBER Technologies 4.73% New 8,943,151 $72.16 $645M +8,943,151 +$645M
MA - Mastercard · CL A 4.69% New 1,245,051 $513.60 $639M +1,245,051 +$639M
GOOGL - Alphabet · CL A 4.64% Reduce −40.0% 1,773,354 $357.37 $634M −1,182,844 −$216M
CHD - Church & Dwight 4.58% Reduce −2.8% 6,456,634 $96.88 $626M −184,874 +$6M
PG - Procter & Gamble 4.38% Reduce −2.9% 4,078,371 $146.64 $598M −121,543 −$9M
MSFT - Microsoft 4.36% Reduce −23.2% 1,596,737 $373.02 $596M −483,000 −$174M
META - Meta Platforms · CL A 4.34% Reduce −20.4% 1,051,876 $563.29 $593M −269,499 −$163M
ADP - Automatic Data Processing 4.27% Reduce −32.5% 2,601,567 $223.95 $583M −1,253,538 −$201M
FTNT - Fortinet 4.09% Reduce −41.0% 3,629,938 $153.62 $558M −2,526,737 +$55M
TSM - Taiwan Semiconductor 4.02% New 1,148,449 $477.57 $548M +1,148,449 +$548M
IDXX - Idexx Labs 3.93% Reduce −30.4% 1,019,887 $526.44 $537M −445,899 −$287M
TXN - Texas Instrs 3.93% Reduce −31.4% 1,799,182 $298.07 $536M −823,942 +$27M
PM - Philip Morris Intl 3.86% Reduce −43.0% 2,913,693 $180.91 $527M −2,199,470 −$318M
NFLX - Netflix 3.66% New 6,990,345 $71.40 $499M +6,990,345 +$499M
GEV - GE Vernova 3.53% New 409,835 $1,175 $481M +409,835 +$481M
APP - Applovin · CL A 2.63% New 696,568 $515.23 $359M +696,568 +$359M
TJX - Tjx Cos 2.52% New 2,272,592 $151.50 $344M +2,272,592 +$344M
Nextpower · CLASS A 2.49% New 2,856,092 $119.14 $340M +2,856,092 +$340M
VEEV - Veeva Sys · CL A 1.06% New 816,785 $177.47 $145M +816,785 +$145M
YUM - Yum Brands 0.65% New 556,107 $159.86 $89M +556,107 +$89M
MSCI - MSCI Inc 0.22% Reduce −17.3% 53,580 $560.04 $30M −11,208 −$5M
MEDP - Medpace 0.20% Reduce −16.4% 52,372 $529.59 $28M −10,296 −$2M
NTNX - Nutanix · CL A 0.20% Reduce −6.8% 538,281 $50.96 $27M −39,111 +$5M
BMI - Badger Meter 0.19% Add +22.6% 174,627 $148.38 $26M +32,136 +$4M
CLX - Clorox Del 0.19% Add +5.5% 271,318 $95.44 $26M +14,101 −$761K
ROL - Rollins 0.19% Hold 619,935 $41.74 $26M
MANH - Manhattan Associates 0.18% Add +43.1% 172,977 $139.25 $24M +52,089 +$8M
NSSC - Napco Sec Technologies 0.17% Add +58.2% 606,974 $37.98 $23M +223,378 +$8M
FICO - Fair Isaac 0.16% New 17,953 $1,195 $21M +17,953 +$21M
SABR - Sabre 0.14% Hold 9,013,783 $2.09 $19M
IDCC - Interdigital 0.13% New 60,324 $283.13 $17M +60,324 +$17M
ORLY - Oreilly Automotive 0.11% New 162,691 $92.09 $15M +162,691 +$15M
VRT - Vertiv · CL A 0.10% Reduce −54.1% 41,893 $334.82 $14M −49,361 −$9M
VRSN - Verisign 0.10% Reduce −50.9% 55,713 $251.56 $14M −57,754 −$14M
ADMA - Adma Biologics 0.10% Hold 1,649,493 $8.37 $14M
DOCS - Doximity · CL A 0.10% Reduce −5.6% 653,324 $20.74 $14M −38,462 −$3M
PAYC - Paycom Software 0.09% Reduce −54.1% 100,763 $125.68 $13M −118,694 −$14M

Exits / last held

not current holdings · last reported size, unchanged · gone vs 2026 Q1

Stock % of portfolio Recent activity Shares Reported price* Value Share change $ change
MTD - Mettler Toledo 5.59% Exit 0 $1,261 $717M −568,516 −$717M
ZTS - Zoetis · CL A 3.57% Exit 0 $118.21 $458M −3,877,559 −$458M
OTIS - Otis Worldwide 1.64% Exit 0 $77.08 $211M −2,731,635 −$211M
Catalyst Pharmaceuticals 0.16% Exit 0 $24.76 $21M −844,887 −$21M
QLYS - Qualys 0.15% Exit 0 $87.85 $20M −226,077 −$20M
HD - Home Depot 0.07% Exit 0 $328.89 $9M −28,611 −$9M

* 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 2026 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