Investor portfolio
Fundsmith
Fundsmith is Terry Smith's investment management firm, known for its long-term, high-quality global equity approach.
Linked investors: Terry Smith
US 13F portfolio
- Quarter
- Q2 2026
- Filed
- 2026-08-14
- Portfolio value
- $18,167,841,425
- Positions
- 42
- Sources
- 13F on EDGAR 1
13F on EDGAR 2
| history | Ticker | Change | % of portfolio |
|---|---|---|---|
| ≡ | MAR | −24% | 7.11% |
| ≡ | SYK | −7% | 6.87% |
| ≡ | WAT | −28% | 6.42% |
| ≡ | V | −35% | 5.1% |
| ≡ | CHD | −3% | 4.8% |
| ≡ | UBER | Newly reported | 4.73% |
| ≡ | MA | Newly reported | 4.63% |
| ≡ | GOOG(L) | −43% | 4.59% |
| ≡ | META | −22% | 4.32% |
| ≡ | MSFT | −23% | 4.32% |
| ≡ | ADP | −34% | 4.22% |
| ≡ | TXN | −27% | 4.2% |
| ≡ | PG | −13% | 4.17% |
| ≡ | TSM | +54577% | 4.1% |
| ≡ | FTNT | −39% | 4.02% |
| ≡ | IDXX | −31% | 3.9% |
| ≡ | PM | −43% | 3.84% |
| ≡ | NFLX | Newly reported | 3.61% |
| ≡ | GEV | Newly reported | 3.48% |
| ≡ | APP | Newly reported | 2.64% |
| ≡ | TJX | +93088% | 2.5% |
| ≡ | NXT | Newly reported | 2.47% |
| ≡ | VEEV | Newly reported | 1.05% |
| ≡ | YUM | Newly reported | 0.65% |
| ≡ | BMI | +55% | 0.35% |
| ≡ | MSCI | −17% | 0.17% |
| ≡ | MEDP | −16% | 0.15% |
| ≡ | NTNX | −7% | 0.15% |
| ≡ | CLX | +6% | 0.14% |
| ≡ | ROL | 0.14% | |
| ≡ | WM | +63% | 0.14% |
| ≡ | MANH | +43% | 0.13% |
| ≡ | NSSC | +58% | 0.13% |
| ≡ | FICO | Newly reported | 0.12% |
| ≡ | SABR | 0.1% | |
| ≡ | IDCC | Newly reported | 0.09% |
| ≡ | ORLY | Newly reported | 0.09% |
| ≡ | VRT | −54% | 0.08% |
| ≡ | VRSN | −51% | 0.08% |
| ≡ | ADMA | 0.08% | |
| ≡ | DOCS | −6% | 0.07% |
| ≡ | PAYC | −54% | 0.07% |
| ≡ | MTD | SOLD | — |
| ≡ | ZTS | SOLD | — |
| ≡ | OTIS | SOLD | — |
| ≡ | CPRX | SOLD | — |
| ≡ | QLYS | SOLD | — |
| ≡ | HD | SOLD | — |
| ≡ | AAPL | SOLD | — |
| ≡ | AMZN | SOLD | — |
13F filings show only a manager's disclosed reportable long positions; this filing contains no call or put rows — methodology & caveats.
Separate portfolio vehicle
Fundsmith Equity ETF
US active ETF (ETFT), kept separate from Fundsmith's adviser-wide 13F holdings.
- As of
- 2026-06-30
- Coverage
- Disclosed public equities
- Positions
- 28
- Reported value
- $7,336,388
Country allocation
| Stock | Company | Country | Shares | Reported value |
|---|---|---|---|---|
| WAT | Waters Corp. | — | 1,150 | $431,296 |
| Unmapped CUSIP | Amadeus IT Group SA | ES | 6,608 | $385,668 |
| SYK | Stryker Corp. | — | 1,167 | $367,418 |
| YUM | YUM Brands Inc. | — | 1,990 | $318,121 |
| MA | Mastercard Incorporated | — | 612 | $314,323 |
| V | Visa Inc. | — | 908 | $311,525 |
| UBER | Uber Technologies Inc. | — | 4,030 | $290,804 |
| PM | Philip Morris Intl Inc. | — | 1,600 | $289,456 |
| CHD | Church & Dwight Inc. | — | 2,960 | $286,764 |
| GOOG | Alphabet Inc. Class C | — | 779 | $278,391 |
| MSFT | Microsoft Corp. | — | 715 | $266,709 |
| TJX | TJX Cos. Inc. New | — | 1,680 | $254,520 |
| TSM | Taiwan Semiconductor Manufacturing | — | 527 | $251,679 |
| NXT | Nextpower Inc - US | — | 2,082 | $248,049 |
| Unmapped CUSIP | L'Oreal SA | FR | 560 | $245,479 |
| TXN | Texas Instrs Inc. | — | 817 | $243,523 |
| Unmapped CUSIP | Legrand SA | FR | 1,402 | $236,603 |
| VEEV | Veeva Sys Inc. | — | 1,311 | $232,663 |
| Unmapped CUSIP | Sage Group PLC | United Kingdom | 21,207 | $229,541 |
| FTNT | Fortinet Inc. | — | 1,480 | $227,357 |
| PG | Procter & Gamble Co. | — | 1,550 | $227,292 |
| MAR | Marriott Intl Inc. New | — | 612 | $226,801 |
| META | Meta Platforms Inc. | — | 400 | $225,316 |
| NFLX | Netflix Inc. | — | 3,092 | $220,768 |
| ADP | Automatic Data Processing In | — | 960 | $214,992 |
| GEV | Ge Vernova Inc. | — | 177 | $207,950 |
| APP | Applovin Corp. | — | 316 | $162,812 |
| IDXX | Idexx Labs Inc. | — | 267 | $140,559 |
Portfolio source
Fundsmith Equity ETF Form N-PORT — June 2026 · 2026-06-30
Separate portfolio vehicle
Fundsmith Equity Fund
UK OEIC managed by Terry Smith; public factsheets disclose only the top holdings.
- As of
- 2026-08-28
- Coverage
- Disclosed top holdings
- Positions
- 10
- Reported value
- —
| Stock | Company | Country |
|---|---|---|
| — | Waters | — |
| — | Mastercard | — |
| — | Amadeus | — |
| — | Stryker | — |
| — | Visa | — |
| — | Veeva Systems | — |
| — | L'Oréal | — |
| — | Uber | — |
| — | Church & Dwight | — |
| — | Sage | — |
Portfolio source
Fundsmith Equity Fund top holdings — 2026-08-28 · 2026-08-28
Supporting sources
Separate portfolio vehicle
Fundsmith SICAV – Fundsmith Equity Fund
Luxembourg UCITS sub-fund with vehicle-specific semiannual portfolio disclosure.
This official source is tracked, but its public-stock rows have not yet been structured into a snapshot.
Supporting sources
Separate portfolio vehicle
Fundsmith SICAV – Fundsmith Sustainable Equity Fund
Luxembourg UCITS sub-fund with vehicle-specific semiannual portfolio disclosure.
This official source is tracked, but its public-stock rows have not yet been structured into a snapshot.
Supporting sources
Separate portfolio vehicle
Fundsmith Stewardship Fund
UK OEIC managed by Terry Smith; renamed from Fundsmith Sustainable Equity Fund in March 2025.
- As of
- 2026-08-28
- Coverage
- Disclosed top holdings
- Positions
- 10
- Reported value
- —
| Stock | Company | Country |
|---|---|---|
| — | Sage | — |
| — | Amadeus | — |
| — | Waters | — |
| — | Mastercard | — |
| — | Visa | — |
| — | Stryker | — |
| — | Veeva Systems | — |
| — | Netflix | — |
| — | Church & Dwight | — |
| — | Uber | — |
Portfolio source
Fundsmith Stewardship Fund top holdings — 2026-08-28 · 2026-08-28
Supporting sources
Separate portfolio vehicle
Smithson Equity Fund
UK OEIC managed by Fundsmith's Simon Barnard and Will Morgan; successor to Smithson Investment Trust.
- As of
- 2026-08-28
- Coverage
- Disclosed top holdings
- Positions
- 10
- Reported value
- —
| Stock | Company | Country |
|---|---|---|
| — | Monotaro | — |
| — | Msci | — |
| — | Moncler | — |
| — | Spirax Group | — |
| — | Rational | — |
| — | Reply | — |
| — | Adidas | — |
| — | Fisher & Paykel | — |
| — | HMS Networks | — |
| — | Nutanix | — |
Portfolio source
Smithson Equity Fund top holdings — 2026-08-28 · 2026-08-28