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%).

2018 Q2 (18 results)
MCD
buy
+12,080,320
+8.87%
$98.61
182.54% $278.61
0.00%
MMM
+25.75%
+695,760
+1.02%
$196.72
18.36% $160.60
4.98%
PM
+17.58%
+1,566,361
+0.94%
$80.74
120.96% $178.40
6.29%
PEP
+16.68%
+1,098,314
+0.89%
$108.87
30.45% $142.02
6.22%
CL
+14.67%
+458,925
+0.22%
$64.81
38.07% $89.48
1.73%
EL
+14.09%
+607,099
+0.64%
$142.69
40.56% $84.81
5.22%
WAT
+8.25%
+360,404
+0.52%
$193.59
83.60% $355.44
6.81%
META
+7.29%
+374,922
+0.54%
$194.32
197.05% $577.22
7.98%
JNJ
+5.27%
+228,175
+0.21%
$121.34
88.22% $228.39
4.11%
BDX
+3.58%
+129,173
+0.23%
$239.56
39.90% $143.98
6.66%
MAR
+0.59%
+802
+0.00%
$126.59
212.97% $396.20
0.13%
ADP
+0.15%
+8,507
+0.01%
$134.14
62.82% $218.41
5.78%
INTU
+0.04%
+1,672
+0.00%
$204.30
30.69% $267.00
6.04%
SYK
+0.04%
+2,215
+0.00%
$168.86
82.28% $307.80
6.93%
IDXX
+0.03%
+1,447
+0.00%
$217.94
157.91% $562.09
7.18%
V
-0.01%
-841
-0.00%
$132.45
147.07% $327.24
5.64%
PYPL
-0.10%
-15,227
-0.01%
$83.27
48.95% $42.51
9.43%
MSFT
-100.00%
-12,075,307
-8.20%
$91.27
315.69% $379.40
0.00%
2018 Q1 (19 results)
META
buy
+5,142,881
+6.77%
$159.79
261.24% $577.22
6.77%
BDX
+56.65%
+1,303,991
+2.33%
$216.70
33.56% $143.98
6.44%
INTU
+43.88%
+1,210,005
+1.73%
$173.35
54.02% $267.00
5.67%
CL
+25.35%
+632,473
+0.37%
$71.68
24.83% $89.48
1.85%
PM
+18.66%
+1,401,190
+1.15%
$99.40
79.48% $178.40
7.30%
PEP
+13.44%
+780,013
+0.70%
$109.15
30.11% $142.02
5.92%
EL
+12.08%
+464,559
+0.57%
$149.72
43.35% $84.81
5.32%
MSFT
+8.87%
+984,147
+0.74%
$91.27
315.69% $379.40
0.00%
SYK
+7.32%
+376,207
+0.50%
$160.92
91.28% $307.80
7.32%
PYPL
+5.28%
+763,390
+0.48%
$75.87
43.97% $42.51
9.52%
ADP
+4.61%
+254,791
+0.24%
$113.48
92.47% $218.41
5.41%
IDXX
+0.52%
+22,901
+0.04%
$191.39
193.69% $562.09
6.99%
MMM
+0.48%
+12,792
+0.02%
$219.52
26.84% $160.60
4.89%
WAT
+0.08%
+3,277
+0.01%
$198.65
78.93% $355.44
7.15%
JNJ
-0.10%
-4,545
-0.00%
$128.15
78.22% $228.39
4.57%
V
-0.21%
-11,940
-0.01%
$119.62
173.57% $327.24
5.64%
MAR
-2.11%
-2,953
-0.00%
$135.98
191.37% $396.20
0.15%
2777284Z
-100.00%
-8,742,447
-6.99%
$97.06
-
0.00%
BCR
-100.00%
-2,483,956
-6.78%
$331.24
-
0.00%
37 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.