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%).

2023 Q2 (31 results)
EXPO
buy
+1,100,101
+0.43%
$93.32
38.83% $57.08
0.43%
PG
+182.51%
+3,132,695
+1.99%
$151.74
1.40% $149.61
3.09%
GGG
+125.17%
+683,317
+0.25%
$86.35
13.61% $74.60
0.45%
MAR
+88.90%
+88,535
+0.07%
$183.69
119.14% $402.54
0.14%
MA
+49.61%
+20,670
+0.03%
$393.30
24.58% $489.98
0.10%
IEX
+48.30%
+127,384
+0.12%
$215.26
1.50% $218.49
0.35%
WAT
+3.00%
+111,104
+0.12%
$266.54
33.43% $355.64
4.26%
OTIS
+2.77%
+173,736
+0.06%
$89.01
20.51% $70.75
2.41%
V
+2.63%
+147,863
+0.15%
$237.48
35.75% $322.39
5.74%
MTD
+1.38%
+7,730
+0.04%
$1,311.64
13.73% $1,131.49
3.13%
IDXX
+0.25%
+7,355
+0.02%
$502.23
11.68% $560.88
6.24%
SYK
+0.24%
+13,332
+0.02%
$305.09
2.33% $312.20
7.06%
GOOGL
-0.16%
-12,562
-0.01%
$119.70
200.48% $359.68
3.82%
EL
-0.18%
-9,807
-0.01%
$196.38
54.33% $89.68
0.00%
META
-0.20%
-11,134
-0.01%
$286.98
97.57% $566.98
6.81%
PEP
-0.20%
-13,570
-0.01%
$185.22
22.11% $144.27
5.16%
MSFT
-0.20%
-18,510
-0.03%
$340.54
14.74% $390.74
12.88%
MKC
-0.20%
-31,481
-0.01%
$87.23
43.88% $48.95
5.66%
NKE
-0.23%
-15,625
-0.01%
$110.37
59.29% $44.93
3.11%
ADP
-0.28%
-15,598
-0.01%
$219.79
2.92% $226.21
5.10%
BF.B
-0.28%
-34,531
-0.01%
$66.78
-
3.42%
AAPL
-0.70%
-9,344
-0.01%
$193.97
50.09% $291.13
1.08%
JNJ
-1.30%
-3,600
-0.00%
$165.52
45.52% $240.87
0.19%
ZTS
-1.30%
-2,923
-0.00%
$172.21
53.79% $79.57
0.16%
HD
-4.09%
-6,282
-0.01%
$310.64
5.71% $328.39
0.19%
PM
-4.12%
-678,947
-0.28%
$97.62
88.79% $184.30
6.47%
MASI
-4.44%
-33,942
-0.02%
$164.55
9.36% $179.95
0.00%
CHD
-21.08%
-1,781,171
-0.75%
$100.23
2.66% $97.56
2.80%
IPGP
-34.42%
-294,061
-0.17%
$135.82
15.59% $114.65
0.32%
EW
-100.00%
-9,979
-0.00%
$82.73
2.86% $85.10
0.00%
AMZN
-100.00%
-6,777,831
-2.94%
$103.29
130.95% $238.55
0.00%
31 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.