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
29.48% $31.40
0.24%
INTU
buy
+181,628
+0.51%
$613.99
56.18% $269.08
0.51%
ZTS
+1,020.18%
+2,319,158
+1.74%
$164.65
53.08% $77.26
1.91%
DOCS
+67.47%
+479,380
+0.13%
$58.03
64.76% $20.45
0.31%
TXN
+60.28%
+1,025,182
+0.84%
$179.70
67.99% $301.88
2.23%
QLYS
+31.13%
+170,593
+0.10%
$125.93
10.92% $112.18
0.41%
PAYC
+28.18%
+90,899
+0.09%
$218.48
43.37% $123.72
0.41%
GOOGL
-0.07%
-5,065
-0.00%
$154.64
135.25% $363.79
4.82%
FTNT
-0.09%
-7,383
-0.00%
$96.26
49.74% $144.14
3.73%
MAR
-0.09%
-3,780
-0.00%
$238.20
65.66% $394.61
4.61%
MTD
-0.10%
-617
-0.00%
$1,180.91
4.35% $1,129.53
3.18%
PG
-0.13%
-5,970
-0.00%
$170.42
11.65% $150.56
3.58%
CHD
-0.14%
-9,635
-0.00%
$110.09
11.52% $97.41
3.43%
IDXX
-0.55%
-14,524
-0.03%
$419.95
30.04% $546.09
5.06%
WAT
-0.59%
-21,325
-0.04%
$368.57
3.14% $357.00
6.06%
OTIS
-1.68%
-100,040
-0.05%
$103.20
29.53% $72.72
2.76%
PM
-3.91%
-439,283
-0.32%
$158.73
13.05% $179.44
7.81%
SYK
-4.96%
-264,790
-0.45%
$372.25
19.10% $301.14
8.59%
VRSN
-8.72%
-54,465
-0.06%
$253.87
4.35% $264.92
0.66%
ADP
-9.97%
-499,813
-0.69%
$305.53
28.40% $218.76
6.28%
V
-10.50%
-485,543
-0.77%
$350.46
5.73% $330.38
6.60%
MSFT
-13.20%
-816,871
-1.40%
$375.39
0.94% $378.91
9.17%
META
-14.85%
-677,556
-1.78%
$576.36
1.52% $567.58
10.19%
VRSK
-20.84%
-87,061
-0.12%
$297.62
41.08% $175.35
0.45%
HD
-21.22%
-30,903
-0.05%
$366.49
10.64% $327.48
0.19%
MA
-22.77%
-14,579
-0.04%
$548.12
10.06% $492.99
0.12%
EFX
-35.18%
-127,823
-0.14%
$243.56
36.43% $154.84
0.00%
IEX
-100.00%
-362,501
-0.35%
$209.29
6.88% $223.69
0.00%
PEP
-100.00%
-5,663,677
-3.92%
$152.06
6.89% $141.59
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.