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 Q2 (34 results)
NSSC
buy
+954,912
+0.12%
$29.69
17.75% $34.96
0.12%
MANH
buy
+288,332
+0.25%
$197.47
25.23% $147.64
0.25%
VRT
buy
+724,923
+0.40%
$128.41
134.02% $300.51
0.40%
INTU
+102.91%
+186,912
+0.64%
$787.63
62.32% $296.76
1.26%
CPRX
+25.93%
+557,812
+0.05%
$21.70
44.10% $31.27
0.26%
DOCS
+13.96%
+166,062
+0.04%
$61.34
66.43% $20.59
0.36%
ZTS
+13.29%
+338,344
+0.23%
$155.95
49.06% $79.44
1.95%
NKE
-0.10%
-6,146
-0.00%
$71.04
39.50% $42.98
1.89%
WAT
-0.13%
-4,790
-0.01%
$349.04
4.68% $365.36
5.47%
MTD
-0.14%
-801
-0.00%
$1,174.72
1.74% $1,154.33
3.01%
TXN
-0.20%
-5,522
-0.00%
$207.62
37.30% $285.06
2.45%
IDXX
-0.34%
-9,042
-0.02%
$536.34
4.81% $562.16
6.15%
CHD
-0.34%
-23,197
-0.01%
$96.11
0.66% $96.74
2.85%
MAR
-0.35%
-14,961
-0.02%
$273.21
43.67% $392.51
5.03%
GOOGL
-0.58%
-39,759
-0.03%
$176.23
109.12% $368.53
5.21%
OTIS
-0.81%
-47,586
-0.02%
$99.02
28.96% $70.34
2.50%
PG
-1.04%
-48,126
-0.03%
$159.32
8.02% $146.54
3.16%
FTNT
-1.23%
-104,678
-0.05%
$105.72
36.85% $144.68
3.87%
ADP
-3.36%
-151,800
-0.20%
$308.40
24.79% $231.95
5.84%
V
-6.84%
-282,953
-0.44%
$355.05
8.87% $323.57
5.95%
ROL
-7.44%
-118,884
-0.03%
$56.42
16.52% $47.10
0.36%
SYK
-7.74%
-392,180
-0.67%
$395.63
22.74% $305.66
8.04%
MSFT
-7.98%
-428,653
-0.93%
$497.41
16.23% $416.67
10.68%
META
-8.11%
-315,044
-1.01%
$738.09
19.66% $593.00
11.44%
EXPO
-10.72%
-89,657
-0.03%
$74.71
20.14% $59.66
0.00%
ODD
-12.27%
-198,202
-0.06%
$75.47
87.00% $9.81
0.46%
PM
-16.03%
-1,731,697
-1.37%
$182.13
2.11% $178.29
7.18%
GGG
-20.98%
-239,096
-0.09%
$85.97
13.53% $74.34
0.34%
HD
-27.34%
-31,369
-0.05%
$366.64
15.24% $310.78
0.13%
MA
-44.06%
-21,791
-0.05%
$561.94
12.61% $491.08
0.00%
VRSK
-46.71%
-154,429
-0.21%
$311.50
41.66% $181.73
0.00%
VRSN
-52.52%
-299,401
-0.38%
$288.80
2.12% $294.92
0.34%
EFX
-100.00%
-235,505
-0.25%
$243.56
29.33% $172.13
0.00%
BF.B
-100.00%
-9,637,881
-1.42%
$33.94
-
0.00%
34 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.