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%).

2015 Q3 (17 results)
PYPL
buy
+4,269,126
+4.04%
$31.04
33.79% $41.53
4.04%
IDXX
+1,217.30%
+813,646
+1.84%
$74.25
655.39% $560.88
1.99%
WAT
+156.84%
+487,363
+1.76%
$118.21
200.86% $355.64
2.88%
MMM
+21.16%
+262,570
+1.14%
$141.77
11.67% $158.32
6.50%
ADP
+16.79%
+296,017
+0.73%
$80.36
181.50% $226.21
5.04%
JNJ
+16.57%
+383,301
+1.09%
$93.35
158.03% $240.87
7.68%
PG
+15.53%
+251,413
+0.55%
$71.94
107.97% $149.61
4.10%
PEP
+15.38%
+395,198
+1.14%
$94.30
52.99% $144.27
8.53%
BCR
+11.02%
+139,732
+0.79%
$186.31
-
8.00%
PM
+6.44%
+191,970
+0.46%
$79.33
132.32% $184.30
7.67%
SYK
+5.73%
+158,446
+0.45%
$94.10
231.78% $312.20
8.38%
MSFT
+4.70%
+338,065
+0.46%
$44.26
782.83% $390.74
10.17%
V
+1.88%
+48,211
+0.10%
$69.66
362.81% $322.39
5.54%
2777284Z
+1.11%
+39,134
+0.09%
$79.05
-
8.57%
BDX
-4.18%
-69,015
-0.28%
$132.66
10.24% $146.24
6.40%
EBAY
-46.21%
-1,972,820
-1.47%
$24.44
344.39% $108.61
0.00%
DPZ
-96.83%
-1,384,097
-4.55%
$107.90
200.15% $323.88
0.00%
2015 Q2 (15 results)
MMM
+34.76%
+320,099
+1.55%
$154.30
2.61% $158.32
6.03%
IDXX
+31.09%
+15,854
+0.03%
$64.14
774.49% $560.88
0.13%
JNJ
+21.60%
+410,766
+1.26%
$97.46
147.15% $240.87
7.09%
PEP
+18.43%
+399,893
+1.17%
$93.34
54.56% $144.27
7.55%
CL
+15.37%
+166,248
+0.34%
$65.41
36.75% $89.45
2.57%
BCR
+9.81%
+113,330
+0.61%
$170.47
-
6.81%
MAR
+9.63%
+4,758
+0.01%
$74.40
441.07% $402.54
0.13%
EBAY
+7.40%
+294,037
+0.56%
$60.24
80.30% $108.61
8.09%
SYK
+2.55%
+68,601
+0.21%
$95.57
226.67% $312.20
8.31%
PM
+1.26%
+37,095
+0.09%
$80.17
129.89% $184.30
7.52%
V
+0.44%
+11,287
+0.02%
$67.15
380.10% $322.39
5.41%
MSFT
+0.11%
+8,140
+0.01%
$44.15
785.03% $390.74
10.00%
BDX
-7.81%
-139,962
-0.62%
$141.65
3.24% $146.24
7.36%
DPZ
-33.04%
-705,183
-2.52%
$113.40
185.61% $323.88
5.10%
CHH
-100.00%
-553,589
-1.12%
$64.07
71.00% $109.56
0.00%
32 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.