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%).

2017 Q2 (19 results)
INTU
buy
+1,090,434
+1.51%
$132.48
103.11% $269.08
1.51%
ADP
+29.04%
+1,164,972
+1.25%
$102.46
113.51% $218.76
5.56%
WAT
+11.69%
+401,420
+0.77%
$183.84
94.19% $357.00
7.39%
MMM
+10.22%
+199,716
+0.44%
$208.19
23.52% $159.23
4.70%
PYPL
+6.76%
+889,976
+0.50%
$53.67
21.59% $42.08
0.00%
V
+5.31%
+262,930
+0.26%
$93.78
252.29% $330.38
5.13%
MSFT
+5.08%
+518,608
+0.37%
$68.93
449.70% $378.91
7.75%
EL
+3.18%
+118,489
+0.12%
$95.98
14.09% $82.46
3.87%
PM
+1.53%
+79,106
+0.10%
$117.45
52.78% $179.44
6.45%
BDX
+0.26%
+5,977
+0.01%
$195.11
27.42% $141.61
4.71%
MAR
+0.03%
+60
+0.00%
$100.28
293.52% $394.61
0.19%
SYK
+0.01%
+552
+0.00%
$138.78
116.99% $301.14
7.53%
BCR
-0.24%
-6,001
-0.02%
$315.85
-
8.44%
JNJ
-0.62%
-25,596
-0.04%
$132.29
77.04% $234.20
5.66%
PEP
-0.66%
-35,246
-0.04%
$115.49
22.60% $141.59
6.46%
2777284Z
-0.70%
-37,189
-0.04%
$91.11
-
5.06%
IDXX
-0.76%
-34,167
-0.06%
$161.42
238.30% $546.09
7.53%
CL
-0.86%
-18,158
-0.01%
$73.72
22.87% $90.58
1.63%
SJM
-43.46%
-1,570,720
-1.94%
$117.57
3.92% $112.96
0.00%
2017 Q1 (18 results)
WAT
+11.32%
+349,178
+0.63%
$156.31
128.39% $357.00
6.23%
CL
+10.29%
+198,067
+0.17%
$72.80
24.43% $90.58
1.80%
PEP
+7.59%
+378,680
+0.49%
$111.86
26.58% $141.59
6.98%
MAR
+4.68%
+8,254
+0.01%
$94.18
319.00% $394.61
0.20%
SYK
+4.57%
+226,057
+0.35%
$131.65
128.74% $301.14
7.92%
PYPL
+4.49%
+565,992
+0.28%
$43.02
2.19% $42.08
6.58%
EL
+3.79%
+136,237
+0.13%
$84.79
2.75% $82.46
3.67%
ADP
+3.43%
+133,125
+0.16%
$102.39
113.65% $218.76
4.77%
BDX
+3.22%
+71,691
+0.15%
$183.44
22.80% $141.61
4.89%
BCR
+2.09%
+52,272
+0.15%
$248.32
-
7.37%
2777284Z
+0.46%
+24,232
+0.03%
$97.92
-
6.06%
PM
+0.17%
+8,735
+0.01%
$112.90
58.94% $179.44
6.77%
IDXX
+0.07%
+3,341
+0.01%
$154.61
253.20% $546.09
8.05%
V
+0.05%
+2,401
+0.00%
$88.87
271.76% $330.38
5.12%
JNJ
+0.02%
+681
+0.00%
$124.55
88.04% $234.20
5.94%
MSFT
-0.00%
-166
-0.00%
$65.86
475.33% $378.91
7.81%
SJM
-0.22%
-7,798
-0.01%
$131.08
13.82% $112.96
5.50%
MMM
-0.32%
-6,193
-0.01%
$191.33
16.78% $159.23
4.34%
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.