Terry Smith recent buys & sells (2025 Q1)
Fundsmith
Fundsmith Portfolio Changes
Purchase & sale details
- Portfolio value:
- $21.97B (-$1B)
- Previous value:
- $23.46B
- # of changes:
- 29
- New positions:
- 2
- Reported for:
- 31 Mar 2025 (Q1)
- Latest filing date:
- 15 May 2025
Fundsmith has disclosed a total of 29 changes to the portfolio in the (2025 Q1) SEC report(s): increased the number of shares of 5, bought 2 totally new, decreased the number of shares of 20 and completely sold out 2 position(s).
What stocks did Terry Smith buy in 2025 Q1?
During 2025 Q1 Terry Smith has bought 7 securities out of which top 5 purchases (by % change to portfolio) were (TXN) Texas Instruments Incorporated (added shares +60.28%), (ZTS) Zoetis Inc (added shares +1,020.18%), (INTU) Intuit Inc (new buy), (QLYS) Qualys Inc (added shares +31.13%) and (PAYC) Paycom Software, Inc (added shares +28.18%).
In the 2025 Q1 report(s) the following changes have been made to the top investments: (META) Meta Platforms Inc (reduced shares -14.85%), (MSFT) Microsoft Corp (reduced shares -13.20%), (SYK) Stryker Corp (reduced shares -4.96%), (PM) Philip Morris International Inc (reduced shares -3.91%) and (V) Visa Inc, CL-A (reduced shares -10.50%).
29 results
| History | Ticker | Name |
% or activity |
Shares change |
Shares held after* |
% change to portfolio |
Reported price* |
% difference current price* |
% of portfolio |
Held since* | Held for* |
|---|---|---|---|---|---|---|---|---|---|---|---|
|
|
Catalyst Pharmaceuticals Inc
|
new
|
+2,151,274
|
2,151,274
|
+0.24%
|
$24.25
|
|
0.24%
|
2025 Q1
|
~0.25 years
|
|
|
|
Intuit Inc
|
new
|
+181,628
|
181,628
|
+0.51%
|
$613.99
|
-45.18%($336.56)
|
0.51%
|
2025 Q1
|
~0.25 years
|
|
|
|
Zoetis Inc
|
+1,020.18%
|
+2,319,158
|
2,546,487
|
+1.74%
|
$164.65
|
-51.45%($79.93)
|
1.91%
|
2020 Q4
|
~4.50 years
|
|
|
|
Doximity Inc
|
+67.47%
|
+479,380
|
1,189,882
|
+0.13%
|
$58.03
|
-41.81%($33.77)
|
0.31%
|
2024 Q4
|
~0.50 years
|
|
|
|
Texas Instruments Incorporated
|
+60.28%
|
+1,025,182
|
2,725,812
|
+0.84%
|
$179.70
|
+55.22%($278.92)
|
2.23%
|
2024 Q1
|
~1.25 years
|
|
|
|
Qualys Inc
|
+31.13%
|
+170,593
|
718,602
|
+0.1%
|
$125.93
|
+51.61%($190.92)
|
0.41%
|
2020 Q2
|
~5.00 years
|
|
|
|
Paycom Software, Inc
|
+28.18%
|
+90,899
|
413,510
|
+0.09%
|
$218.48
|
+20.25%($262.73)
|
0.41%
|
2018 Q4
|
~6.50 years
|
|
|
|
Alphabet Inc, CL-A
|
-0.07%
|
-5,065
|
6,843,213
|
-0%
|
$154.64
|
+120.81%($341.46)
|
4.82%
|
2021 Q4
|
~3.50 years
|
|
|
|
Fortinet Inc
|
-0.09%
|
-7,383
|
8,523,040
|
-0%
|
$96.26
|
+77.13%($170.51)
|
3.73%
|
2020 Q3
|
~4.75 years
|
|
|
|
Marriott International Inc
|
-0.09%
|
-3,780
|
4,251,560
|
-0%
|
$238.20
|
+66.59%($396.81)
|
4.61%
|
2023 Q1
|
~2.25 years
|
|
* Shares, change to shares, sold shares, shares held after: 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.
* Current price: this can be a delayed price and may not reflect the real-time market value, however it is too close.
* Value or Price: If the security is completely sold out, we show the reported value (or price) prior to the actual period.
* Held since / Held for: calculated since the latest "new buy" position. If the security was previously exited and re-entered, only the most recent holding period is counted. 2013 Q2 is the earliest period we have data for, so "2013 Q2*" means "2013 Q2 or earlier".