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%).

2019 Q2 (29 results)
IPGP
+54.99%
+120,212
+0.10%
$154.25
23.49% $118.01
0.27%
MKC
+30.72%
+3,197,732
+1.29%
$77.51
39.82% $46.64
5.50%
MELI
+29.44%
+5,377
+0.02%
$611.78
167.28% $1,635.15
0.08%
SABR
+22.34%
+663,090
+0.08%
$22.20
91.53% $1.88
0.42%
CDK
+20.43%
+188,549
+0.05%
$49.44
-
0.00%
CHKP
+18.94%
+99,292
+0.06%
$115.61
5.81% $122.33
0.38%
JNJ
+17.40%
+800,396
+0.58%
$139.28
63.98% $228.39
3.92%
MASI
+17.18%
+84,300
+0.07%
$148.82
20.92% $179.95
0.45%
PM
+14.67%
+1,953,131
+0.80%
$78.53
127.17% $178.40
6.25%
CGNX
+13.03%
+134,650
+0.03%
$47.98
37.77% $66.10
0.29%
AOS
+11.13%
+84,980
+0.02%
$47.16
23.45% $58.22
0.21%
ANSS
+10.68%
+31,251
+0.03%
$204.82
-
0.35%
EFX
+7.31%
+42,310
+0.03%
$135.24
13.82% $153.93
0.44%
V
+5.77%
+334,127
+0.30%
$173.55
88.56% $327.24
5.54%
SYK
+3.93%
+219,599
+0.24%
$205.58
49.72% $307.80
6.21%
INTU
+3.81%
+170,529
+0.23%
$261.33
2.17% $267.00
6.33%
MSCI
+3.10%
+5,850
+0.01%
$238.79
143.39% $581.19
0.24%
VRSK
+2.40%
+12,330
+0.01%
$146.46
18.67% $173.80
0.40%
ADP
+2.26%
+135,582
+0.12%
$165.33
32.11% $218.41
5.28%
WAT
+1.74%
+87,249
+0.10%
$215.24
65.14% $355.44
5.74%
META
+1.69%
+107,359
+0.11%
$193.00
199.08% $577.22
6.51%
BDX
+1.09%
+41,012
+0.05%
$252.01
42.87% $143.98
5.01%
EL
+0.44%
+29,082
+0.03%
$183.11
53.68% $84.81
6.36%
PYPL
+0.34%
+52,605
+0.03%
$114.46
62.86% $42.51
9.18%
MSFT
+0.25%
+30,766
+0.02%
$133.96
183.22% $379.40
8.50%
PEP
+0.07%
+5,787
+0.00%
$131.13
8.30% $142.02
5.65%
IDXX
+0.06%
+2,697
+0.00%
$275.33
104.15% $562.09
6.41%
MMM
-0.20%
-7,083
-0.01%
$173.34
7.35% $160.60
0.00%
MAR
-1.89%
-3,398
-0.00%
$140.29
182.41% $396.20
0.13%
29 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.