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%).

2017 Q4 (16 results)
PYPL
buy
+14,461,577
+9.13%
$73.62
43.82% $41.36
9.13%
INTU
+26.22%
+572,816
+0.77%
$157.78
91.64% $302.37
3.73%
PM
+20.09%
+1,255,808
+1.14%
$105.65
65.88% $175.25
6.80%
2777284Z
+16.72%
+1,252,556
+1.04%
$97.06
-
0.00%
V
+9.90%
+516,508
+0.50%
$114.02
180.92% $320.30
5.60%
PEP
+4.38%
+243,278
+0.25%
$119.92
16.83% $140.10
5.97%
MMM
+2.82%
+73,696
+0.15%
$235.37
34.24% $154.77
5.43%
CL
+0.70%
+17,359
+0.01%
$75.45
15.29% $86.99
1.61%
WAT
+0.22%
+9,557
+0.02%
$193.19
91.01% $369.01
7.23%
MSFT
+0.13%
+14,825
+0.01%
$85.54
383.05% $413.20
8.13%
ADP
-0.54%
-30,045
-0.03%
$117.19
96.71% $230.53
5.55%
SYK
-0.70%
-36,389
-0.05%
$154.84
95.98% $303.46
6.82%
JNJ
-0.97%
-42,335
-0.05%
$139.72
66.07% $232.03
5.19%
BCR
-1.75%
-44,313
-0.13%
$331.24
-
0.00%
MAR
-24.36%
-44,995
-0.05%
$135.73
191.16% $395.20
0.16%
IDXX
-76.18%
-14,088,162
-18.89%
$156.38
261.41% $565.17
5.90%
2017 Q3 (19 results)
IDXX
+315.94%
+14,046,878
+11.65%
$85.66
559.75% $565.17
15.34%
INTU
+100.37%
+1,094,420
+1.51%
$142.30
112.49% $302.37
3.01%
2777284Z
+41.54%
+2,197,994
+1.88%
$88.35
-
6.41%
MMM
+21.44%
+461,859
+0.94%
$209.54
26.14% $154.77
5.31%
PM
+19.29%
+1,010,877
+1.09%
$111.79
56.77% $175.25
6.77%
CL
+17.70%
+372,583
+0.26%
$73.14
18.94% $86.99
1.75%
WAT
+13.61%
+521,801
+0.90%
$178.74
106.45% $369.01
7.54%
ADP
+7.28%
+376,897
+0.40%
$109.02
111.46% $230.53
5.86%
JNJ
+7.25%
+295,714
+0.37%
$129.41
79.30% $232.03
5.48%
PEP
+4.22%
+225,363
+0.24%
$111.81
25.30% $140.10
6.02%
MSFT
+3.32%
+355,610
+0.25%
$73.85
459.51% $413.20
7.92%
EL
-0.02%
-608
-0.00%
$106.34
20.23% $84.83
3.96%
SYK
-0.03%
-1,376
-0.00%
$140.20
116.45% $303.46
7.02%
V
-0.03%
-1,473
-0.00%
$104.55
206.36% $320.30
5.28%
BDX
-0.03%
-675
-0.00%
$193.60
22.76% $149.53
4.32%
MAR
-0.03%
-60
-0.00%
$110.00
259.27% $395.20
0.20%
BCR
-0.74%
-18,871
-0.06%
$319.28
-
7.82%
PYPL
-100.00%
-14,051,261
-7.30%
$53.67
22.94% $41.36
0.00%
SJM
-100.00%
-2,043,846
-2.33%
$117.57
11.94% $103.53
0.00%
35 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.