Terry Smith's Fundsmith sold its entire The Home Depot Inc (HD) position in 2026 Q2, according to the 13F-HR filed with the SEC on August 14, 2026. The prior filing listed 28.6K shares worth about $9.4M, 0.07% of the portfolio; the 2026 Q2 filing lists none. HD had been in the portfolio for about 5 years, since the quarter ended March 31, 2021.
What did the 2026 Q2 filing report for HD?
As of June 30, 2026, from the 13F-HR filed August 14, 2026.
| Before | After | |
|---|---|---|
| Shares | 28.6K | 0 |
| Reported value | $9.4M | $0 |
| Portfolio weight | 0.07% | 0% |
| Held since | 2021 Q1 | sold out in 2026 Q2 |
| Quarters held | 21 |
What did Terry Smith sell?
Terry Smith sold 28.6K shares of HD between the quarter ended March 31, 2026 and June 30, 2026. The HD exit was the 36th largest of the quarter's 44 position changes by percent change to portfolio.
Where does HD sit in the Terry Smith portfolio?
Before the sale, HD carried 0.07% of the Terry Smith portfolio, below the fund's average stock position of 2%. The largest stock position is MAR at 7.02%. Next come SYK at 6.72% and WAT at 6.25%. The three largest stocks together are 19.99% of the book. Across the 2026 Q2 portfolio, Terry Smith reported 41 stock positions, with 13 opened and 6 closed. The total portfolio value is about $13.6B, up 6% from the prior quarter.
How long has Terry Smith held HD?
Terry Smith held HD for about 5 years, from the quarter ended March 31, 2021 to March 31, 2026. The weight peaked at 0.24% in 2024 Q4. Last quarter the fund had already cut the position by 64%, so the exit finishes a two-quarter unwind. Every reported trade is on the Terry Smith HD trade history page.
Did other funds buy or sell HD in 2026 Q2?
Among the other tracked funds that had filed for 2026 Q2 as of August 14, 2026, 5 still hold HD. Meanwhile 2 opened it. The largest buyers of HD this quarter were Stephen Mandel, Bill Gates and Ole Andreas Halvorsen. The largest seller was Eric H. Schoenstein. Every tracked holder of HD is on the HD ownership page.
FAQ
How many HD shares did Terry Smith sell?
Terry Smith sold all 28.6K shares of HD it reported a quarter earlier, worth about $9.4M.
When did Terry Smith first buy HD?
Terry Smith first reported HD in the quarter ended March 31, 2021.
How much of the Terry Smith portfolio was HD?
HD was 0.07% of the Terry Smith portfolio at the prior quarter-end, and 0% after the sale.
Did other funds sell HD in 2026 Q2?
No other tracked fund sold out of HD in 2026 Q2, but 1 trimmed it; 5 still hold it.