Terry Smith's Fundsmith reported 6.99M shares of Netflix Inc (NFLX) for the first time in 2026 Q2, according to the 13F-HR filed with the SEC on August 14, 2026. At quarter-end prices the stake was worth about $499.1M, or 3.66% of the reported portfolio. NFLX enters the book as the 18th largest of 41 stock positions.
What did the 2026 Q2 filing report for NFLX?
As of June 30, 2026, from the 13F-HR filed August 14, 2026.
| Value | |
|---|---|
| Shares | 6.99M |
| Reported value | $499.1M |
| Portfolio weight | 3.66% |
| Rank in portfolio | 18th of 41 |
How big is the new NFLX position?
Terry Smith opened 13 stock positions in 2026 Q2; NFLX is the 4th largest of them by weight. An average stock position in the Terry Smith portfolio is 2% of the reported value, so the new name comes in above the fund's typical size.
Where does NFLX sit in the Terry Smith portfolio?
NFLX ranks 18th of 41 stock positions in the Terry Smith portfolio at 3.66%, above 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. The NFLX purchase was the 5th largest of the quarter's 44 position changes by percent change to portfolio. 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.
Has Terry Smith held NFLX before?
Terry Smith has not reported NFLX before in the filings we track. Our data starts with the quarter ended June 30, 2013.
Did other funds buy or sell NFLX in 2026 Q2?
Among the other tracked funds that had filed for 2026 Q2 as of August 14, 2026, 7 hold NFLX. Of those, one opened it this quarter. One other tracked fund sold out of it. The largest buyers of NFLX this quarter were Bill Ackman, Thomas Russo and Phil Town. The largest sellers were Eagle Capital Management, Chase Coleman III and Josh Tarasoff. Every tracked holder of NFLX is on the NFLX ownership page.
FAQ
How many NFLX shares does Terry Smith hold?
Terry Smith holds 6.99M shares of NFLX as of June 30, 2026, worth about $499.1M.
What is NFLX's weight in the Terry Smith portfolio?
NFLX is 3.66% of the Terry Smith portfolio and ranks 18th of 41 stocks by weight.
Has Terry Smith owned NFLX before?
No. Terry Smith has not reported NFLX before in the filings we track, which start with the quarter ended June 30, 2013.
How many other tracked funds hold NFLX?
7 other tracked funds that had filed for 2026 Q2 hold NFLX. One of them opened it this quarter.