Fundsmith LLP
CIK 1569205 · View on SEC EDGAR ↗
- Portfolio value
- $12.8B
- Positions
- 34
- As of
- March 31, 2026 Data as of Q1 2026
#399 of 8,643 by 13F value · top 4.6%
Portfolio value QoQ: -25.1% 13F does not disclose cash
- Top 10 holdings weight
- 52.45%
- Top 25 holdings weight
- 97.65%
- Positions above 1%
- 23
- Effective number of positions
- 22.4
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 31.47% Est. buys $4,166,552,521 · sells $4,895,542,896
Median holding: 5.0 quarters Tracked Q4 2024–Q2 2026 · 70.7% still held
- New positions
- 13
- Increased
- 4
- Decreased
- 21
- Closed
- 6
On this page
- Sector breakdown How the portfolio splits across market sectors.
- Portfolio Every stock this institution reports holding, from its latest 13F.
- Biggest new bets Brand-new positions opened in the latest quarter.
- Top moves The biggest position increases and decreases this quarter.
- Exited positions Positions the manager fully sold out of last quarter.
Sector breakdown
Technology
19.8%
Health Care
18.4%
Industrials
15.8%
Communication Services
12.6%
Financial Services
10.0%
Consumer products
9.2%
Consumer Discretionary
7.8%
Consumer Staples
3.9%
Retail
2.6%
Full portfolio 41 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| MAR Marriott International - Class A Common Stock | $958,255,687 | 7.02% | 2,585,757 | $-144,255,418 | Down ×6 | ||
| SYK Stryker Corporation Common Stock | $917,391,182 | 6.72% | 2,913,833 | $-88,559,501 | Down ×6 | ||
| WAT Waters Corporation Common Stock | $852,702,945 | 6.25% | 2,273,632 | $-103,852,990 | Down ×3 | ||
| V Visa Inc. | $692,976,613 | 5.08% | 2,019,810 | $-245,203,549 | Down ×3 | ||
| UBER Uber Technologies, Inc. Common Stock | $645,337,776 | 4.73% | 8,943,151 | Up ×1 | |||
| MA Mastercard Incorporated Common Stock | $639,458,194 | 4.69% | 1,245,051 | ||||
| GOOGL Alphabet Inc. - Class A Common Stock | $633,743,519 | 4.64% | 1,773,354 | $-216,340,778 | Down ×6 | ||
| CHD Church & Dwight Company, Inc. Common Stock | $625,518,702 | 4.58% | 6,456,634 | $5,733,175 | Down ×6 | ||
| PG Procter & Gamble Company (The) Common Stock | $598,052,323 | 4.38% | 4,078,371 | $-8,583,255 | Down ×3 | ||
| MSFT Microsoft Corporation - Common Stock | $595,614,836 | 4.36% | 1,596,737 | $-174,241,409 | Down ×6 | ||
| META Meta Platforms, Inc. - Class A Common Stock | $592,511,232 | 4.34% | 1,051,876 | $-163,487,047 | Down ×6 | ||
| ADP Automatic Data Processing, Inc. - Common Stock | $582,620,930 | 4.27% | 2,601,567 | $-200,659,304 | Down ×6 | ||
| FTNT Fortinet, Inc. - Common Stock | $557,631,076 | 4.09% | 3,629,938 | $54,507,595 | Down ×3 | ||
| TSM Taiwan Semiconductor Manufacturing Company Ltd. | $548,464,789 | 4.02% | 1,148,449 | Up ×1 | |||
| IDXX IDEXX Laboratories, Inc. - Common Stock | $536,909,312 | 3.93% | 1,019,887 | $-286,701,184 | Down ×6 | ||
| TXN Texas Instruments Incorporated - Common Stock | $536,282,179 | 3.93% | 1,799,182 | $27,028,886 | Down ×3 | ||
| PM Philip Morris International Inc Common Stock | $527,116,201 | 3.86% | 2,913,693 | $-318,294,169 | Down ×6 | ||
| NFLX Netflix, Inc. - Common Stock | $499,110,633 | 3.66% | 6,990,345 | Up ×1 | |||
| GEV GE Vernova Inc. Common Stock | $481,498,748 | 3.53% | 409,835 | Up ×1 | |||
| APP Applovin Corporation - Class A Common Stock | $358,892,731 | 2.63% | 696,568 | Up ×1 | |||
| TJX TJX Companies, Inc. (The) Common Stock | $344,297,688 | 2.52% | 2,272,592 | Up ×1 | |||
| NXT Nextpower Inc. - Class A Common Stock | $340,274,801 | 2.49% | 2,856,092 | Up ×1 | |||
| VEEV Veeva Systems Inc. Class A Common Stock | $144,954,834 | 1.06% | 816,785 | Up ×1 | |||
| YUM Yum! Brands, Inc. | $88,899,265 | 0.65% | 556,107 | Up ×1 | |||
| MSCI MSCI Inc. Common Stock | $30,006,943 | 0.22% | 53,580 | $-4,914,437 | Down ×2 | ||
| MEDP Medpace Holdings, Inc. - Common Stock | $27,735,687 | 0.20% | 52,372 | $-2,356,860 | Down ×3 | ||
| NTNX Nutanix, Inc. - Class A Common Stock | $27,430,800 | 0.20% | 538,281 | $5,484,130 | Down ×2 | ||
| BMI Badger Meter, Inc. Common Stock | $25,911,154 | 0.19% | 174,627 | $4,202,650 | Up ×1 | ||
| CLX Clorox Company (The) Common Stock | $25,894,590 | 0.19% | 271,318 | $-760,808 | Up ×1 | ||
| ROL Rollins, Inc. Common Stock | $25,876,087 | 0.19% | 619,935 | $-7,234,641 | |||
| MANH Manhattan Associates, Inc. - Common Stock | $24,087,047 | 0.18% | 172,977 | $7,994,436 | Up ×1 | ||
| NSSC NAPCO Security Technologies, Inc. - Common Stock | $23,052,873 | 0.17% | 606,974 | $7,943,027 | Up ×1 | ||
| FICO Fair Isaac Corporation Common Stock | $21,449,885 | 0.16% | 17,953 | Up ×1 | |||
| SABR Sabre Corporation - Common Stock | $18,838,806 | 0.14% | 9,013,783 | $5,768,821 | |||
| IDCC InterDigital, Inc. - Common Stock | $17,079,534 | 0.13% | 60,324 | Up ×1 | |||
| ORLY O'Reilly Automotive, Inc. - Common Stock | $14,982,214 | 0.11% | 162,691 | Up ×1 | |||
| VRT Vertiv Holdings, LLC Class A Common Stock | $14,026,614 | 0.10% | 41,893 | $-8,839,813 | Down ×4 | ||
| VRSN VeriSign, Inc. - Common Stock | $14,015,162 | 0.10% | 55,713 | $-14,165,502 | Down ×2 | ||
| ADMA ADMA Biologics Inc - Common Stock | $13,806,256 | 0.10% | 1,649,493 | $-1,055,676 | |||
| DOCS Doximity, Inc. Class A Common Stock | $13,549,940 | 0.10% | 653,324 | $-2,568,674 | Down ×2 | ||
| PAYC Paycom Software, Inc. Common Stock | $12,663,894 | 0.09% | 100,763 | $-14,008,910 | Down ×2 | ||
| No matches | |||||||
Biggest new bets
New positions opened this quarter, largest first.
| Security | Value | Shares | % of portfolio |
|---|---|---|---|
| UBER | $645,337,776 | 8,943,151 | 4.73% |
| MA | $639,458,194 | 1,245,051 | 4.69% |
| TSM | $548,464,789 | 1,148,449 | 4.02% |
| NFLX | $499,110,633 | 6,990,345 | 3.66% |
| GEV | $481,498,748 | 409,835 | 3.53% |
| APP | $358,892,731 | 696,568 | 2.63% |
| TJX | $344,297,688 | 2,272,592 | 2.52% |
| NXT | $340,274,801 | 2,856,092 | 2.49% |
| VEEV | $144,954,834 | 816,785 | 1.06% |
| YUM | $88,899,265 | 556,107 | 0.65% |
| FICO | $21,449,885 | 17,953 | 0.16% |
| IDCC | $17,079,534 | 60,324 | 0.13% |
| ORLY | $14,982,214 | 162,691 | 0.11% |
Top movers (QoQ)
| Security | Action | Shares Δ | Value Δ |
|---|---|---|---|
| PM | Trimmed | -2.2M | -$318.3M |
| IDXX | Trimmed | -446K | -$286.7M |
| V | Trimmed | -1.1M | -$245.2M |
| GOOGL | Trimmed | -1.2M | -$216.3M |
| ADP | Trimmed | -1.3M | -$200.7M |
| MSFT | Trimmed | -483K | -$174.2M |
| META | Trimmed | -269K | -$163.5M |
| MAR | Trimmed | -785K | -$144.3M |
| WAT | Trimmed | -938K | -$103.9M |
| SYK | Trimmed | -148K | -$88.6M |
Exited positions
Includes corporate events (mergers, delistings) — not all exits are sells
Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.
| Security | Quarter | Shares before | Value before | Price since exit |
|---|---|---|---|---|
| PEP | March 31, 2025 | 5,663,677 | $861,218,725 | -5.4% |
| MTD | June 30, 2026 | 568,516 | $717,012,379 | 12.9% |
| ZTS | June 30, 2026 | 3,877,559 | $458,366,249 | 7.2% |
| INTU | March 31, 2026 | 625,619 | $414,422,538 | -16.6% |
| NKE | March 31, 2026 | 5,770,181 | $367,618,232 | -22.5% |
| BFB | June 30, 2025 | 9,637,881 | $327,109,681 | No longer tracked |
| OTIS | June 30, 2026 | 2,731,635 | $210,554,426 | 0.5% |
| CHH | Sept. 30, 2025 | 733,892 | $93,116,217 | 3.2% |
| ODD | March 31, 2026 | 2,074,167 | $83,340,030 | -5.1% |
| IEX | March 31, 2025 | 362,501 | $75,867,834 | 30.2% |
| EFX | June 30, 2025 | 235,505 | $57,359,598 | -27.5% |
| EXPO | Sept. 30, 2025 | 746,820 | $55,794,922 | 0.7% |
| VRSK | Sept. 30, 2025 | 176,195 | $54,884,743 | -27.4% |
| GGG | March 31, 2026 | 579,016 | $47,461,942 | -2.8% |
| CPRX | June 30, 2026 | 844,887 | $20,919,402 | No longer tracked |
| QLYS | June 30, 2026 | 226,077 | $19,860,864 | 33.3% |
| MA | Sept. 30, 2025 | 27,663 | $15,544,946 | 2.2% |
| HD | June 30, 2026 | 28,611 | $9,409,872 | -1.6% |