Fundsmith (Terry Smith)
Tier 2 · solid recordConcentrated
Breadth-test add 2026-06-08 (survivorship-flagged).
Positions
41
as of Q2 2026
Top-5 concentration
30%
of equity portfolio
Latest filing
Q2 2026
13F report date
Reported holdings long US equity, by weight
| Ticker | Sector | Weight | Value | Change |
|---|---|---|---|---|
| MAR MARRIOTT INTL INC NEW | Consumer Discretionary | 7.0% | $958M | TRIM |
| SYK STRYKER CORPORATION | Health Care | 6.7% | $917M | TRIM |
| WAT WATERS CORP | Health Care | 6.2% | $853M | TRIM |
| V VISA INC | Industrials | 5.1% | $693M | TRIM |
| UBER UBER TECHNOLOGIES INC | Industrials | 4.7% | $645M | NEW |
| MA MASTERCARD INCORPORATED | Industrials | 4.7% | $639M | NEW |
| GOOGL ALPHABET INC | Information Technology | 4.6% | $634M | TRIM |
| CHD CHURCH & DWIGHT CO INC | Materials | 4.6% | $626M | TRIM |
| PG PROCTER & GAMBLE CO | Materials | 4.4% | $598M | TRIM |
| MSFT MICROSOFT CORP | Information Technology | 4.4% | $596M | TRIM |
| META META PLATFORMS INC | Information Technology | 4.3% | $593M | TRIM |
| ADP AUTOMATIC DATA PROCESSING IN | Information Technology | 4.3% | $583M | TRIM |
| FTNT FORTINET INC | Information Technology | 4.1% | $558M | TRIM |
| TSM TAIWAN SEMICONDUCTOR MANUFAC | Information Technology | 4.0% | $548M | NEW |
| IDXX IDEXX LABS INC | Health Care | 3.9% | $537M | TRIM |
| TXN TEXAS INSTRS INC | Information Technology | 3.9% | $536M | TRIM |
| PM PHILIP MORRIS INTL INC | Consumer Staples | 3.9% | $527M | TRIM |
| NFLX NETFLIX INC. | Communication Services | 3.7% | $499M | NEW |
| GEV GE VERNOVA INC | Information Technology | 3.5% | $481M | NEW |
| APP APPLOVIN CORP | Information Technology | 2.6% | $359M | NEW |
| TJX TJX COS INC NEW | Consumer Discretionary | 2.5% | $344M | NEW |
| NXT NEXTPOWER INC | Information Technology | 2.5% | $340M | NEW |
| VEEV VEEVA SYS INC | Information Technology | 1.1% | $145M | NEW |
| YUM YUM BRANDS INC | Consumer Discretionary | 0.7% | $89M | NEW |
| MSCI MSCI INC | Industrials | 0.2% | $30M | TRIM |
| MEDP MEDPACE HLDGS INC | Health Care | 0.2% | $28M | TRIM |
| NTNX NUTANIX INC | Information Technology | 0.2% | $27M | TRIM |
| BMI BADGER METER INC | Industrials | 0.2% | $26M | ADD |
| CLX CLOROX CO DEL | Materials | 0.2% | $26M | ADD |
| ROL ROLLINS INC | Industrials | 0.2% | $26M | HOLD |
| MANH MANHATTAN ASSOCIATES INC | Information Technology | 0.2% | $24M | ADD |
| NSSC NAPCO SEC TECHNOLOGIES INC | Information Technology | 0.2% | $23M | ADD |
| FICO FAIR ISAAC CORP | Industrials | 0.2% | $21M | NEW |
| SABR SABRE CORP | Information Technology | 0.1% | $19M | HOLD |
| IDCC INTERDIGITAL INC | Real Estate | 0.1% | $17M | NEW |
| ORLY OREILLY AUTOMOTIVE INC | Consumer Discretionary | 0.1% | $15M | NEW |
| VRT VERTIV HOLDINGS CO | Information Technology | 0.1% | $14M | TRIM |
| VRSN VERISIGN INC | Information Technology | 0.1% | $14M | TRIM |
| ADMA ADMA BIOLOGICS INC | Health Care | 0.1% | $14M | HOLD |
| DOCS DOXIMITY INC | Information Technology | 0.1% | $14M | TRIM |
| PAYC PAYCOM SOFTWARE INC | Information Technology | 0.1% | $13M | TRIM |
Weights are share of the manager’s reported long US-equity portfolio (13F). Options, bonds, and non-US/private holdings aren’t reported here. “Change” vs the prior reported quarter.