Terry Smith Holdings Activity

Fundsmith Portfolio 13F

Fundsmith has disclosed a total of 38 changes to the portfolio in the latest (2026 Q1) SEC report(s): bought 1 totally new, decreased the number of shares of 33 and completely sold out 4 position(s).

What stocks is Terry Smith buying now?

In the recent quarter Terry Smith has bought (BMI) BADGER METER INC (new buy).

What does Terry Smith invest in?

Terry Smith's top 5 holdings (by % of portfolio) are (MAR) MARRIOTT INTERNATIONAL -CL A (8.59%), (SYK) STRYKER CORP (7.84%), (WAT) WATERS CORP (7.46%), (V) VISA INC-CLASS A SHARES (7.31%) and (GOOGL) ALPHABET INC-CL A (6.63%).

In the latest report(s) the following changes have been made to the top investments: (MAR) MARRIOTT INTERNATIONAL -CL A (reduced shares -15.3%), (SYK) STRYKER CORP (reduced shares -16.98%), (WAT) WATERS CORP (reduced shares -9.72%), (V) VISA INC-CLASS A SHARES (reduced shares -12.18%) and (GOOGL) ALPHABET INC-CL A (reduced shares -15.5%).

2026 Q1 (38 results)
BMI
buy
+142,491
+0.17%
$152.35
13.53% $131.73
0.17%
MSFT
-0.01%
-234
-0.00%
$370.17
5.56% $390.74
6.00%
TXN
-0.02%
-428
-0.00%
$194.14
55.10% $301.12
3.97%
ZTS
-0.60%
-23,244
-0.02%
$118.21
32.69% $79.57
3.57%
PG
-1.13%
-48,134
-0.05%
$144.44
3.58% $149.61
4.73%
CHD
-1.29%
-86,896
-0.06%
$93.32
4.54% $97.56
4.83%
MTD
-2.07%
-11,991
-0.12%
$1,261.20
10.28% $1,131.49
5.59%
META
-3.09%
-42,164
-0.19%
$572.13
0.90% $566.98
5.89%
FTNT
-5.51%
-359,336
-0.23%
$81.72
79.03% $146.30
3.92%
ADP
-7.73%
-322,864
-0.51%
$203.18
11.33% $226.21
6.11%
WAT
-9.72%
-345,903
-0.80%
$297.80
19.42% $355.64
7.46%
V
-12.18%
-430,594
-1.01%
$302.24
6.67% $322.39
7.31%
OTIS
-12.23%
-380,745
-0.23%
$77.08
8.21% $70.75
1.64%
MAR
-15.30%
-609,055
-1.55%
$327.07
23.07% $402.54
8.59%
GOOGL
-15.50%
-542,321
-1.22%
$287.56
25.08% $359.68
6.63%
PM
-16.51%
-1,011,434
-1.30%
$165.34
11.47% $184.30
6.59%
SYK
-16.98%
-626,095
-1.60%
$328.59
4.99% $312.20
7.84%
ADMA
-21.53%
-452,561
-0.03%
$9.01
8.88% $8.21
0.12%
IDXX
-21.87%
-410,249
-1.80%
$561.89
0.18% $560.88
6.42%
MEDP
-24.10%
-19,899
-0.07%
$480.19
2.68% $467.34
0.23%
ROL
-58.07%
-858,694
-0.36%
$53.41
11.65% $47.19
0.26%
CLX
-58.07%
-356,280
-0.29%
$103.63
6.57% $96.82
0.21%
NTNX
-58.07%
-799,766
-0.24%
$38.01
29.73% $49.31
0.17%
VRSN
-58.07%
-157,167
-0.30%
$248.36
12.70% $279.89
0.22%
SABR
-58.07%
-12,485,312
-0.14%
$1.45
17.24% $1.70
0.10%
DOCS
-58.07%
-958,216
-0.17%
$23.30
13.99% $20.04
0.13%
MANH
-58.07%
-167,444
-0.17%
$133.12
7.36% $142.92
0.13%
PAYC
-58.07%
-303,976
-0.29%
$121.54
10.68% $134.52
0.21%
MSCI
-61.12%
-101,831
-0.43%
$539.01
11.13% $599.01
0.27%
HD
-64.33%
-51,595
-0.13%
$328.89
0.15% $328.39
0.07%
QLYS
-65.10%
-421,729
-0.29%
$87.85
26.62% $111.24
0.15%
CPRX
-74.88%
-2,518,920
-0.49%
$24.76
26.66% $31.36
0.16%
VRT
-77.79%
-319,690
-0.62%
$250.58
20.87% $302.87
0.18%
NSSC
-78.45%
-1,396,261
-0.43%
$39.39
5.51% $37.22
0.12%
NKE
-100.00%
-5,770,181
-2.87%
$63.71
29.48% $44.93
0.00%
ODD
-100.00%
-2,074,167
-0.65%
$40.18
70.83% $11.72
0.00%
GGG
-100.00%
-579,016
-0.37%
$81.97
8.99% $74.60
0.00%
INTU
-100.00%
-625,619
-3.23%
$662.42
58.22% $276.73
0.00%
38 of 1,363

Shares, change to shares, sold shares - split-adjusted.

Reported price - this doesn't represent the actual buy or sell price.
It is the split-adjusted price of the security as of the last day of the reported period.

Value or Price - If the security is completely sold out, we show the reported value (or price) prior to the actual period.