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%).

2014 Q2 (12 results)
EBAY
buy
+1,190,275
+2.75%
$50.06
118.44% $109.35
2.75%
CL
+71.98%
+364,510
+1.15%
$68.18
29.92% $88.58
2.74%
CHH
+64.79%
+564,291
+1.23%
$47.11
133.09% $109.81
3.12%
V
+56.97%
+844,880
+2.05%
$52.68
514.25% $323.57
5.66%
PM
+27.55%
+385,406
+1.50%
$84.31
111.47% $178.29
6.94%
MCD
+22.52%
+966,246
+1.86%
$41.70
571.08% $279.84
10.12%
PEP
+17.22%
+277,189
+1.14%
$89.34
58.85% $141.92
7.78%
JNJ
+13.06%
+150,517
+0.73%
$104.62
122.49% $232.77
6.29%
SYK
+10.49%
+233,533
+0.91%
$84.32
262.50% $305.66
9.57%
2777284Z
+3.98%
+128,053
+0.35%
$58.58
-
9.05%
BDX
-0.73%
-10,447
-0.06%
$118.30
27.78% $151.16
7.78%
SIAL
-42.29%
-511,388
-3.38%
$143.01
-
4.61%
2014 Q1 (13 results)
SIAL
+172.73%
+765,927
+5.94%
$147.75
-
9.37%
V
+49.12%
+488,520
+1.38%
$53.96
499.59% $323.57
4.20%
PEP
+30.85%
+379,473
+1.66%
$83.50
69.96% $141.92
7.05%
PM
+24.96%
+279,354
+1.20%
$81.87
117.77% $178.29
6.01%
BDX
+22.01%
+258,875
+1.59%
$117.08
29.11% $151.16
8.82%
ADP
+11.57%
+162,954
+0.66%
$77.26
200.22% $231.95
6.37%
JNJ
+10.77%
+112,077
+0.58%
$98.23
136.96% $232.77
5.94%
PG
+8.64%
+112,478
+0.47%
$79.96
83.27% $146.54
5.93%
2777284Z
+5.99%
+181,880
+0.52%
$54.46
-
9.20%
SYK
+5.28%
+111,569
+0.48%
$81.47
275.18% $305.66
9.51%
MCD
+3.57%
+147,767
+0.32%
$40.99
582.70% $279.84
9.23%
CHH
-38.29%
-540,470
-1.30%
$45.82
139.67% $109.81
2.09%
CL
-39.79%
-334,602
-1.13%
$64.52
37.29% $88.58
1.71%
2013 Q4 (10 results)
PM
+13.02%
+128,976
+0.70%
$87.13
104.63% $178.29
6.05%
PEP
+7.06%
+81,073
+0.42%
$82.94
71.11% $141.92
6.33%
SIAL
+3.07%
+13,190
+0.11%
$133.73
-
3.68%
BDX
+2.70%
+30,915
+0.21%
$110.49
36.81% $151.16
8.07%
MCD
+1.17%
+47,802
+0.11%
$37.41
648.04% $279.84
9.62%
SYK
+1.11%
+23,227
+0.11%
$75.14
306.79% $305.66
9.86%
JNJ
+0.21%
+2,162
+0.01%
$91.59
154.14% $232.77
5.92%
CHH
-0.78%
-11,153
-0.03%
$49.11
123.60% $109.81
4.30%
DPZ
-4.26%
-95,082
-0.41%
$69.65
350.81% $313.99
9.23%
WAT
-100.00%
-449,096
-2.96%
$106.21
244.00% $365.36
0.00%
2013 Q3 (11 results)
MCD
+856.65%
+3,666,462
+8.12%
$33.28
740.86% $279.84
9.07%
V
+85.69%
+458,960
+1.46%
$47.78
577.28% $323.57
3.16%
SIAL
+64.49%
+168,675
+1.29%
$115.20
-
3.30%
PEP
+17.45%
+170,675
+0.90%
$79.50
78.52% $141.92
6.08%
PM
+16.96%
+143,639
+0.83%
$86.59
105.90% $178.29
5.71%
2777284Z
+7.26%
+205,649
+0.61%
$44.82
-
9.06%
CL
+7.15%
+56,136
+0.22%
$58.98
50.19% $88.58
3.30%
BDX
+4.32%
+47,396
+0.32%
$100.02
51.13% $151.16
7.62%
SYK
+3.45%
+69,742
+0.31%
$67.59
352.23% $305.66
9.41%
WAT
-39.67%
-295,256
-2.09%
$106.21
244.00% $365.36
0.00%
MSFT
-100.00%
-3,525,044
-8.10%
$34.55
1K+% $416.67
0.00%
46 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.