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%).

History
Ticker
Stock
%
Activity
Share
Change
% change to
Portfolio
Reported
Price*
% difference
Current Price
% of
Portfolio
2016 Q4 (19 results)
2777284Z
DR PEPPER SNAPPLE GROUP INC
+34.35%
+1,356,247
+1.62%
$90.96
-
6.35%
SYK
STRYKER CORP
+19.64%
+812,518
+1.29%
$120.54
159.00% $312.20
7.86%
PEP
PEPSICO INC
+8.45%
+388,714
+0.54%
$104.99
37.41% $144.27
6.90%
BDX
BECTON DICKINSON AND CO
+8.25%
+169,486
+0.37%
$166.15
11.98% $146.24
4.87%
PYPL
PAYPAL HOLDINGS INC
+5.68%
+676,958
+0.36%
$39.96
3.93% $41.53
6.63%
EL
ESTEE LAUDER COMPANIES-CL A
+4.67%
+160,348
+0.16%
$77.27
16.06% $89.68
3.65%
PM
PHILIP MORRIS INTERNATIONAL
+3.77%
+187,023
+0.23%
$91.73
100.92% $184.30
6.22%
JNJ
JOHNSON & JOHNSON
+3.01%
+120,074
+0.18%
$115.49
108.56% $240.87
6.24%
MSFT
MICROSOFT CORP
+2.69%
+267,350
+0.22%
$62.89
521.31% $390.74
8.45%
WAT
WATERS CORP
+1.75%
+52,997
+0.09%
$134.50
164.42% $355.64
5.46%
CL
COLGATE-PALMOLIVE CO
+1.04%
+19,873
+0.02%
$65.88
35.78% $89.45
1.67%
ADP
AUTOMATIC DATA PROCESSING
+0.22%
+8,577
+0.01%
$103.46
118.64% $226.21
5.28%
V
VISA INC-CLASS A SHARES
+0.16%
+7,755
+0.01%
$78.34
311.53% $322.39
5.11%
BCR
CR BARD INC
+0.11%
+2,688
+0.01%
$224.10
-
7.38%
SJM
JM SMUCKER CO/THE
-0.04%
-1,534
-0.00%
$129.15
9.80% $116.49
6.16%
IDXX
IDEXX LABORATORIES INC
-0.31%
-14,017
-0.02%
$118.08
375.00% $560.88
6.96%
MMM
3M CO
-0.41%
-8,010
-0.02%
$178.41
11.26% $158.32
4.61%
MAR
MARRIOTT INTERNATIONAL -CL A
-10.15%
-19,942
-0.02%
$84.85
374.40% $402.54
0.20%
ORCL
ORACLE CORP
-100.00%
-22,526
-0.01%
$39.11
370.80% $184.13
0.00%
2016 Q3 (17 results)
EL
ESTEE LAUDER COMPANIES-CL A
+47.65%
+1,107,149
+1.34%
$88.56
1.26% $89.68
4.15%
CL
COLGATE-PALMOLIVE CO
+37.67%
+521,450
+0.53%
$73.74
21.31% $89.45
1.92%
PEP
PEPSICO INC
+30.02%
+1,062,725
+1.58%
$108.77
32.64% $144.27
6.84%
WAT
WATERS CORP
+24.13%
+589,042
+1.28%
$158.49
124.39% $355.64
6.56%
PYPL
PAYPAL HOLDINGS INC
+20.43%
+2,022,180
+1.13%
$40.97
1.37% $41.53
6.67%
ADP
AUTOMATIC DATA PROCESSING
+15.97%
+532,875
+0.64%
$88.20
156.47% $226.21
4.67%
BDX
BECTON DICKINSON AND CO
+14.61%
+261,943
+0.64%
$179.73
18.63% $146.24
5.05%
PM
PHILIP MORRIS INTERNATIONAL
+13.70%
+598,401
+0.80%
$97.22
89.57% $184.30
6.60%
BCR
CR BARD INC
+13.68%
+300,555
+0.92%
$224.02
-
7.65%
MSFT
MICROSOFT CORP
+12.42%
+1,097,542
+0.86%
$57.60
578.37% $390.74
7.82%
2777284Z
DR PEPPER SNAPPLE GROUP INC
+9.65%
+347,448
+0.43%
$91.31
-
4.93%
V
VISA INC-CLASS A SHARES
+9.46%
+427,457
+0.48%
$82.70
289.83% $322.39
5.59%
JNJ
JOHNSON & JOHNSON
+7.52%
+278,625
+0.45%
$118.13
103.90% $240.87
6.43%
SYK
STRYKER CORP
+5.19%
+204,143
+0.32%
$116.41
168.19% $312.20
6.58%
SJM
JM SMUCKER CO/THE
+5.02%
+173,109
+0.32%
$134.77
13.56% $116.49
6.68%
MMM
3M CO
+1.66%
+32,051
+0.08%
$176.23
10.16% $158.32
4.74%
IDXX
IDEXX LABORATORIES INC
+0.48%
+21,547
+0.03%
$112.73
397.54% $560.88
6.92%
36 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.