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%).

2025 Q1 (29 results)
CPRX
buy
+2,151,274
+0.24%
$24.25
29.40% $31.38
0.24%
INTU
buy
+181,628
+0.51%
$613.99
56.47% $267.29
0.51%
ZTS
+1,020.18%
+2,319,158
+1.74%
$164.65
52.20% $78.71
1.91%
DOCS
+67.47%
+479,380
+0.13%
$58.03
64.74% $20.46
0.31%
TXN
+60.28%
+1,025,182
+0.84%
$179.70
79.67% $322.86
2.23%
QLYS
+31.13%
+170,593
+0.10%
$125.93
11.62% $111.30
0.41%
PAYC
+28.18%
+90,899
+0.09%
$218.48
42.86% $124.85
0.41%
GOOGL
-0.07%
-5,065
-0.00%
$154.64
137.99% $368.03
4.82%
FTNT
-0.09%
-7,383
-0.00%
$96.26
50.35% $144.73
3.73%
MAR
-0.09%
-3,780
-0.00%
$238.20
66.33% $396.20
4.61%
MTD
-0.10%
-617
-0.00%
$1,180.91
3.05% $1,144.84
3.18%
PG
-0.13%
-5,970
-0.00%
$170.42
11.76% $150.38
3.58%
CHD
-0.14%
-9,635
-0.00%
$110.09
13.13% $95.63
3.43%
IDXX
-0.55%
-14,524
-0.03%
$419.95
32.29% $555.56
5.06%
WAT
-0.59%
-21,325
-0.04%
$368.57
3.56% $355.44
6.06%
OTIS
-1.68%
-100,040
-0.05%
$103.20
29.00% $73.27
2.76%
PM
-3.91%
-439,283
-0.32%
$158.73
12.39% $178.40
7.81%
SYK
-4.96%
-264,790
-0.45%
$372.25
17.31% $307.80
8.59%
VRSN
-8.72%
-54,465
-0.06%
$253.87
4.24% $264.64
0.66%
ADP
-9.97%
-499,813
-0.69%
$305.53
28.51% $218.41
6.28%
V
-10.50%
-485,543
-0.77%
$350.46
6.63% $327.24
6.60%
MSFT
-13.20%
-816,871
-1.40%
$375.39
1.07% $379.40
9.17%
META
-14.85%
-677,556
-1.78%
$576.36
0.15% $577.22
10.19%
VRSK
-20.84%
-87,061
-0.12%
$297.62
41.60% $173.80
0.45%
HD
-21.22%
-30,903
-0.05%
$366.49
8.79% $334.28
0.19%
MA
-22.77%
-14,579
-0.04%
$548.12
10.64% $489.79
0.12%
EFX
-35.18%
-127,823
-0.14%
$243.56
36.80% $153.93
0.00%
IEX
-100.00%
-362,501
-0.35%
$209.29
8.35% $226.77
0.00%
PEP
-100.00%
-5,663,677
-3.92%
$152.06
6.60% $142.02
0.00%
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.