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%).

2019 Q2 (29 results)
IPGP
+54.99%
+120,212
+0.10%
$154.25
30.39% $107.37
0.27%
MKC
+30.72%
+3,197,732
+1.29%
$77.51
39.05% $47.24
5.50%
MELI
+29.44%
+5,377
+0.02%
$611.78
162.81% $1,607.80
0.08%
SABR
+22.34%
+663,090
+0.08%
$22.20
92.52% $1.66
0.42%
CDK
+20.43%
+188,549
+0.05%
$49.44
-
0.00%
CHKP
+18.94%
+99,292
+0.06%
$115.61
17.48% $135.82
0.38%
JNJ
+17.40%
+800,396
+0.58%
$139.28
67.12% $232.77
3.92%
MASI
+17.18%
+84,300
+0.07%
$148.82
20.16% $178.82
0.45%
PM
+14.67%
+1,953,131
+0.80%
$78.53
127.03% $178.29
6.25%
CGNX
+13.03%
+134,650
+0.03%
$47.98
26.76% $60.82
0.29%
AOS
+11.13%
+84,980
+0.02%
$47.16
21.29% $57.20
0.21%
ANSS
+10.68%
+31,251
+0.03%
$204.82
-
0.35%
EFX
+7.31%
+42,310
+0.03%
$135.24
27.28% $172.13
0.44%
V
+5.77%
+334,127
+0.30%
$173.55
86.44% $323.57
5.54%
SYK
+3.93%
+219,599
+0.24%
$205.58
48.68% $305.66
6.21%
INTU
+3.81%
+170,529
+0.23%
$261.33
13.56% $296.76
6.33%
MSCI
+3.10%
+5,850
+0.01%
$238.79
157.74% $615.46
0.24%
VRSK
+2.40%
+12,330
+0.01%
$146.46
24.08% $181.73
0.40%
ADP
+2.26%
+135,582
+0.12%
$165.33
40.30% $231.95
5.28%
WAT
+1.74%
+87,249
+0.10%
$215.24
69.75% $365.36
5.74%
META
+1.69%
+107,359
+0.11%
$193.00
207.25% $593.00
6.51%
BDX
+1.09%
+41,012
+0.05%
$252.01
40.02% $151.16
5.01%
EL
+0.44%
+29,082
+0.03%
$183.11
54.40% $83.49
6.36%
PYPL
+0.34%
+52,605
+0.03%
$114.46
63.93% $41.29
9.18%
MSFT
+0.25%
+30,766
+0.02%
$133.96
211.04% $416.67
8.50%
PEP
+0.07%
+5,787
+0.00%
$131.13
8.23% $141.92
5.65%
IDXX
+0.06%
+2,697
+0.00%
$275.33
104.18% $562.16
6.41%
MMM
-0.20%
-7,083
-0.01%
$173.34
11.30% $153.76
0.00%
MAR
-1.89%
-3,398
-0.00%
$140.29
179.78% $392.51
0.13%
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.