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%).

2026 Q1 (38 results)
BMI
buy
+142,491
+0.17%
$152.35
8.03% $140.12
0.17%
MSFT
-0.01%
-234
-0.00%
$370.17
5.62% $390.99
6.00%
TXN
-0.02%
-428
-0.00%
$194.14
53.79% $298.57
3.97%
ZTS
-0.60%
-23,244
-0.02%
$118.21
36.22% $75.39
3.57%
PG
-1.13%
-48,134
-0.05%
$144.44
2.72% $148.37
4.73%
CHD
-1.29%
-86,896
-0.06%
$93.32
4.11% $97.16
4.83%
MTD
-2.07%
-11,991
-0.12%
$1,261.20
3.04% $1,299.53
5.59%
META
-3.09%
-42,164
-0.19%
$572.13
14.79% $656.73
5.89%
FTNT
-5.51%
-359,336
-0.23%
$81.72
96.55% $160.62
3.92%
ADP
-7.73%
-322,864
-0.51%
$203.18
23.56% $251.05
6.11%
WAT
-9.72%
-345,903
-0.80%
$297.80
25.33% $373.22
7.46%
V
-12.18%
-430,594
-1.01%
$302.24
18.37% $357.75
7.31%
OTIS
-12.23%
-380,745
-0.23%
$77.08
4.75% $73.42
1.64%
MAR
-15.30%
-609,055
-1.55%
$327.07
10.95% $362.87
8.59%
GOOGL
-15.50%
-542,321
-1.22%
$287.56
22.59% $352.51
6.63%
PM
-16.51%
-1,011,434
-1.30%
$165.34
8.98% $180.19
6.59%
SYK
-16.98%
-626,095
-1.60%
$328.59
0.87% $331.45
7.84%
ADMA
-21.53%
-452,561
-0.03%
$9.01
0.44% $8.97
0.12%
IDXX
-21.87%
-410,249
-1.80%
$561.89
0.41% $564.21
6.42%
MEDP
-24.10%
-19,899
-0.07%
$480.19
10.41% $530.19
0.23%
NTNX
-58.07%
-799,766
-0.24%
$38.01
45.28% $55.22
0.17%
VRSN
-58.07%
-157,167
-0.30%
$248.36
8.84% $270.31
0.22%
SABR
-58.07%
-12,485,312
-0.14%
$1.45
21.38% $1.76
0.10%
DOCS
-58.07%
-958,216
-0.17%
$23.30
4.33% $22.29
0.13%
MANH
-58.07%
-167,444
-0.17%
$133.12
18.92% $158.31
0.13%
PAYC
-58.07%
-303,976
-0.29%
$121.54
20.54% $146.50
0.21%
ROL
-58.07%
-858,694
-0.36%
$53.41
15.90% $44.92
0.26%
CLX
-58.07%
-356,280
-0.29%
$103.63
8.28% $95.05
0.21%
MSCI
-61.12%
-101,831
-0.43%
$539.01
15.07% $620.23
0.27%
HD
-64.33%
-51,595
-0.13%
$328.89
2.50% $337.11
0.07%
QLYS
-65.10%
-421,729
-0.29%
$87.85
72.50% $151.54
0.15%
CPRX
-74.88%
-2,518,920
-0.49%
$24.76
27.14% $31.48
0.16%
VRT
-77.79%
-319,690
-0.62%
$250.58
22.06% $305.87
0.18%
NSSC
-78.45%
-1,396,261
-0.43%
$39.39
9.27% $35.74
0.12%
NKE
-100.00%
-5,770,181
-2.87%
$63.71
31.31% $43.76
0.00%
ODD
-100.00%
-2,074,167
-0.65%
$40.18
58.81% $16.55
0.00%
GGG
-100.00%
-579,016
-0.37%
$81.97
9.82% $73.92
0.00%
INTU
-100.00%
-625,619
-3.23%
$662.42
56.26% $289.76
0.00%
38 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.