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%).

2023 Q2 (31 results)
EXPO
buy
+1,100,101
+0.43%
$93.32
36.36% $59.39
0.43%
PG
+182.51%
+3,132,695
+1.99%
$151.74
4.01% $145.66
3.09%
GGG
+125.17%
+683,317
+0.25%
$86.35
13.67% $74.55
0.45%
MAR
+88.90%
+88,535
+0.07%
$183.69
115.15% $395.20
0.14%
MA
+49.61%
+20,670
+0.03%
$393.30
23.53% $485.86
0.10%
IEX
+48.30%
+127,384
+0.12%
$215.26
1.57% $218.64
0.35%
WAT
+3.00%
+111,104
+0.12%
$266.54
38.44% $369.01
4.26%
OTIS
+2.77%
+173,736
+0.06%
$89.01
21.51% $69.86
2.41%
V
+2.63%
+147,863
+0.15%
$237.48
34.87% $320.30
5.74%
MTD
+1.38%
+7,730
+0.04%
$1,311.64
12.42% $1,148.74
3.13%
IDXX
+0.25%
+7,355
+0.02%
$502.23
12.53% $565.17
6.24%
SYK
+0.24%
+13,332
+0.02%
$305.09
0.53% $303.46
7.06%
GOOGL
-0.16%
-12,562
-0.01%
$119.70
202.06% $361.56
3.82%
EL
-0.18%
-9,807
-0.01%
$196.38
56.80% $84.83
0.00%
META
-0.20%
-11,134
-0.01%
$286.98
105.59% $589.99
6.81%
PEP
-0.20%
-13,570
-0.01%
$185.22
24.36% $140.10
5.16%
MSFT
-0.20%
-18,510
-0.03%
$340.54
21.34% $413.20
12.88%
MKC
-0.20%
-31,481
-0.01%
$87.23
45.60% $47.45
5.66%
NKE
-0.23%
-15,625
-0.01%
$110.37
60.48% $43.62
3.11%
ADP
-0.28%
-15,598
-0.01%
$219.79
4.89% $230.53
5.10%
BF.B
-0.28%
-34,531
-0.01%
$66.78
-
3.42%
AAPL
-0.70%
-9,344
-0.01%
$193.97
61.13% $312.55
1.08%
JNJ
-1.30%
-3,600
-0.00%
$165.52
40.18% $232.03
0.19%
ZTS
-1.30%
-2,923
-0.00%
$172.21
54.14% $78.97
0.16%
HD
-4.09%
-6,282
-0.01%
$310.64
0.69% $312.77
0.19%
PM
-4.12%
-678,947
-0.28%
$97.62
79.52% $175.25
6.47%
MASI
-4.44%
-33,942
-0.02%
$164.55
9.36% $179.95
0.00%
CHD
-21.08%
-1,781,171
-0.75%
$100.23
4.37% $95.85
2.80%
IPGP
-34.42%
-294,061
-0.17%
$135.82
17.88% $111.53
0.32%
EW
-100.00%
-9,979
-0.00%
$82.73
3.26% $85.43
0.00%
AMZN
-100.00%
-6,777,831
-2.94%
$103.29
138.67% $246.52
0.00%
31 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.