Terry Smith
Fundsmith
Fundsmith Portfolio 13F
Terry Smith Holdings Activity
- Portfolio value:
- $23.02B≈ (+$1B≈)
- Previous value:
- $21.97B≈
- # of changes:
- 34
- New positions:
- 3
- Reported for:
- 30 Jun 2025 (Q2)
- Latest filing date:
- 14 Aug 2025
Fundsmith has disclosed a total of 34 changes to the portfolio in the (2025 Q2) SEC report(s): increased the number of shares of 4, bought 3 totally new, decreased the number of shares of 25 and completely sold out 2 position(s).
What stocks did Terry Smith buy in 2025 Q2?
During 2025 Q2 Terry Smith has bought 7 securities out of which top 5 purchases (by % change to portfolio) were (ZTS) Zoetis Inc (added shares +13.29%), (INTU) Intuit Inc (added shares +102.91%), (VRT) Vertiv Holdings Co (new buy), (DOCS) Doximity Inc (added shares +13.96%) and (CPRX) Catalyst Pharmaceuticals Inc (added shares +25.93%).
In the 2025 Q2 report(s) the following changes have been made to the top investments: (META) Meta Platforms Inc (reduced shares -8.11%), (MSFT) Microsoft Corp (reduced shares -7.98%), (SYK) Stryker Corp (reduced shares -7.74%), (PM) Philip Morris International Inc (reduced shares -16.03%) and (IDXX) IDEXX Laboratories Inc (reduced shares -0.34%).
34 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* |
|---|---|---|---|---|---|---|---|---|---|---|---|
|
|
Manhattan Associates Inc
|
new
|
+288,332
|
288,332
|
+0.25%
|
$197.47
|
-13.99%($169.84)
|
0.25%
|
2025 Q2
|
≈ 0.25 years
|
|
|
|
NAPCO Security Technologies Inc
|
new
|
+954,912
|
954,912
|
+0.12%
|
$29.69
|
+25.26%($37.19)
|
0.12%
|
2025 Q2
|
≈ 0.25 years
|
|
|
|
Vertiv Holdings Co
|
new
|
+724,923
|
724,923
|
+0.4%
|
$128.41
|
+106.27%($264.87)
|
0.40%
|
2025 Q2
|
≈ 0.25 years
|
|
|
|
Intuit Inc
|
+102.91%
|
+186,912
|
368,540
|
+0.64%
|
$787.63
|
-59.69%($317.46)
|
1.26%
|
2025 Q1
|
≈ 0.50 years
|
|
|
|
Catalyst Pharmaceuticals Inc
|
+25.93%
|
+557,812
|
2,709,086
|
+0.05%
|
$21.70
|
+45.12%($31.49)
|
0.26%
|
2025 Q1
|
≈ 0.50 years
|
|
|
|
Doximity Inc
|
+13.96%
|
+166,062
|
1,355,944
|
+0.04%
|
$61.34
|
-64.93%($21.51)
|
0.36%
|
2024 Q4
|
≈ 0.75 years
|
|
|
|
Zoetis Inc
|
+13.29%
|
+338,344
|
2,884,831
|
+0.23%
|
$155.95
|
-49.88%($78.16)
|
1.95%
|
2020 Q4
|
≈ 4.75 years
|
|
|
|
Nike Inc
|
-0.10%
|
-6,146
|
6,129,483
|
-0%
|
$71.04
|
-39.46%($43.00)
|
1.89%
|
2020 Q1
|
≈ 5.50 years
|
|
|
|
Waters Corp
|
-0.13%
|
-4,790
|
3,608,407
|
-0.01%
|
$349.04
|
+9.46%($382.07)
|
5.47%
|
2015 Q1
|
≈ 10.50 years
|
|
|
|
Mettler-Toledo International Inc
|
-0.14%
|
-801
|
590,037
|
-0%
|
$1,174.72
|
+17.72%($1,382.83)
|
3.01%
|
2022 Q1
|
≈ 3.50 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.