$24.5 Billion is the total value of Fundsmith's 40 reported holdings in Q2 2024. The portfolio turnover from Q1 2024 to Q2 2024 was 0.0% .
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| MSFT | Sell | MICROSOFT CORP | $3,191,497,874 | -0.4% | 7,140,615 | -6.3% | 13.01% | +3.7% |
| FB | Sell | META PLATFORMS INC-CLASS Acl a | $2,456,239,156 | +1.8% | 4,871,364 | -2.0% | 10.01% | +6.0% |
| SYK | Sell | STRYKER CORP | $1,822,468,826 | -7.1% | 5,356,264 | -2.2% | 7.43% | -3.2% |
| PM | Sell | PHILIP MORRIS INTERNATIONAL | $1,466,695,512 | +8.0% | 14,474,445 | -2.3% | 5.98% | +12.5% |
| V | Sell | VISA INC CLASS A SHARES | $1,457,369,924 | -8.2% | 5,552,520 | -2.4% | 5.94% | -4.5% |
| ADP | Sell | AUTOMATIC DATA PROCESSING | $1,333,265,293 | -7.4% | 5,585,761 | -3.1% | 5.43% | -3.6% |
| IDXX | Sell | IDEXX LABORATORIES INC | $1,297,507,142 | -11.5% | 2,663,192 | -1.9% | 5.29% | -7.8% |
| GOOGL | Sell | ALPHABET CL A ORDcap stk cl a | $1,247,592,527 | +18.4% | 6,849,259 | -1.9% | 5.08% | +23.3% |
| WAT | Sell | WATERS CORP | $1,060,229,034 | -18.2% | 3,654,450 | -3.0% | 4.32% | -14.8% |
| MAR | Sell | MARRIOTT INTERNATIONAL CL Acl a | $1,031,030,824 | -6.4% | 4,264,511 | -2.3% | 4.20% | -2.5% |
| PEP | Sell | PEPSICO INC | $950,176,079 | -7.1% | 5,761,087 | -1.5% | 3.87% | -3.3% |
| MTD | Sell | METTLER TOLEDO ORD | $826,779,304 | +1.8% | 591,575 | -3.0% | 3.37% | +6.0% |
| PG | Sell | PROCTER & GAMBLE ORD | $766,419,193 | -1.6% | 4,647,218 | -3.2% | 3.12% | +2.5% |
| CHD | Sell | CHURCH AND DWIGHT ORD | $716,881,467 | -4.2% | 6,914,366 | -3.6% | 2.92% | -0.2% |
| MKC | Sell | MCCORMICK & CO NON VTG SHRS | $712,840,377 | -24.1% | 10,048,497 | -17.8% | 2.90% | -21.0% |
| FTNT | Buy | FORTINET ORD | $619,916,969 | +11.0% | 10,285,664 | +25.8% | 2.53% | +15.6% |
| OTIS | Sell | OTIS WORLDWIDE ORD | $590,870,640 | -5.4% | 6,138,278 | -2.5% | 2.41% | -1.6% |
| BFB | Sell | BROWN FORMAN CORP CLASS Bcl b | $481,082,656 | -18.7% | 11,138,751 | -2.8% | 1.96% | -15.3% |
| NKE | Sell | NIKE INC CL Bcl b | $474,792,787 | -22.4% | 6,299,493 | -3.3% | 1.94% | -19.2% |
| AAPL | Sell | Apple | $328,270,015 | +19.8% | 1,558,589 | -2.4% | 1.34% | +24.8% |
| TXN | Buy | TEXAS INSTRUMENTS INC | $300,506,248 | +55.2% | 1,544,781 | +39.0% | 1.22% | +61.6% |
| VRSK | Sell | VERISK ANALYTICS INC | $125,084,947 | +10.9% | 464,051 | -3.0% | 0.51% | +15.4% |
| EFX | Sell | EQUIFAX INC | $111,140,512 | -12.1% | 458,387 | -3.0% | 0.45% | -8.5% |
| VRSN | Sell | VERISIGN INC | $111,036,100 | -9.0% | 624,500 | -3.0% | 0.45% | -5.4% |
| EXPO | Sell | EXPONENT INC | $96,841,482 | +11.5% | 1,018,098 | -3.0% | 0.40% | +16.2% |
| GGG | Sell | GRACO ORD | $90,350,738 | -17.8% | 1,139,641 | -3.0% | 0.37% | -14.4% |
| CGNX | Sell | COGNEX CORP | $89,137,466 | +6.9% | 1,906,276 | -3.0% | 0.36% | +11.3% |
| CHH | Sell | CHOICE HOTELS INTERNATIONAL ORD | $87,333,148 | -8.7% | 733,892 | -3.0% | 0.36% | -4.8% |
| MSCI | Sell | MSCI INC | $80,268,703 | -16.7% | 166,619 | -3.0% | 0.33% | -13.3% |
| QLYS | Sell | QUALYS INC | $78,146,083 | -17.2% | 548,009 | -3.0% | 0.32% | -13.8% |
| ROL | Sell | ROLLINS ORD | $77,942,659 | +2.2% | 1,597,513 | -3.0% | 0.32% | +6.7% |
| CLX | Sell | CLOROX COMPANY | $77,816,013 | -13.6% | 570,206 | -3.0% | 0.32% | -9.9% |
| IEX | Sell | IDEX ORD | $72,935,201 | -20.1% | 362,501 | -3.0% | 0.30% | -16.8% |
| Buy | ODDITY TECH LTD | $63,411,103 | +10.0% | 1,615,158 | +21.7% | 0.26% | +14.2% | |
| SABR | Sell | SABRE CORP | $57,402,584 | +9.4% | 21,499,095 | -0.8% | 0.23% | +14.1% |
| HD | Sell | HOME DEPOT ORD | $50,327,888 | -10.5% | 146,200 | -0.3% | 0.20% | -6.8% |
| PAYC | Sell | PAYCOM SOFTWARE INC | $46,146,277 | -28.7% | 322,611 | -0.8% | 0.19% | -25.7% |
| ZTS | Sell | ZOETIS CL A ORDcl a | $39,561,619 | +2.2% | 228,205 | -0.3% | 0.16% | +5.9% |
| MA | Sell | MASTERCARD CL A ORDcl a | $28,357,765 | -8.6% | 64,280 | -0.3% | 0.12% | -4.1% |
| MCD | Sell | MCDONALD S ORD | $23,794,666 | -9.9% | 93,371 | -0.3% | 0.10% | -5.8% |
Original filings
The following EDGAR filing(s) were analyzed to create this report:
- View 13F-HR filed 2024-08-14
About Fundsmith
Fundsmith is a UK-based investment management firm founded by Terry Smith in 2010. The company has gained a reputation for its focus on high-quality, long-term investments in global equities. The firm's investment philosophy is centered around investing in companies with strong competitive advantages, high returns on capital, and sustainable business models.
Terry Smith, the CEO and founder of Fundsmith, is a well-known figure in the investment world. He has over 40 years of experience in the finance industry and has worked for some of the world's largest financial institutions. Smith is also the author of several books on finance and investing, including "Accounting for Growth" and "Investing for Growth."
Fundsmith's investment strategy has been successful, with the firm's flagship Fundsmith Equity Fund delivering strong returns since its inception. The fund has consistently outperformed its benchmark, the MSCI World Index, and has attracted a large following of investors.
The company's Chief Investment Officer, Julian Robins, is responsible for overseeing the firm's investment process and managing the Fundsmith Equity Fund. Robins has over 20 years of experience in the finance industry and has worked for several leading investment firms.
Overall, Fundsmith's focus on high-quality, long-term investments and its experienced leadership team have made it a popular choice for investors looking for a reliable investment manager.
It's important to note that this information is for educational purposes only and has not been fact-checked. As with any investment, it's important to do your own research and consult with a financial advisor before making any investment decisions.
Top long-term holdings
| Name | Quarters owned | Latest quarter owned | Max weighting |
|---|---|---|---|
| STRYKER CORP | 46 | Q2 2024 | 9.9% |
| PHILIP MORRIS INTL INC | 46 | Q2 2024 | 8.3% |
| PEPSICO INC | 46 | Q2 2024 | 8.5% |
| VISA INC CLASS A SHARES | 46 | Q2 2024 | 6.5% |
| JOHNSON + JOHNSON | 44 | Q4 2023 | 7.7% |
| WATERS CORP | 41 | Q2 2024 | 7.5% |
| MICROSOFT CORP | 39 | Q2 2024 | 13.0% |
| AUTOMATIC DATA PROCESSING INC | 39 | Q2 2024 | 6.8% |
| PAYPAL HLDGS INC | 38 | Q2 2024 | 15.3% |
| COLGATE PALMOLIVE CO | 30 | Q4 2021 | 3.4% |
View Fundsmith's complete holdings history.
Latest significant ownerships (13-D/G)
| Filed | Shares | Percentage | |
|---|---|---|---|
| BROWN FORMAN CORP | February 14, 2024 | 15,666,962 | 5.1% |
| MCCORMICK & CO INC | February 14, 2024 | 19,165,971 | 7.6% |
| Sabre Corp | February 14, 2024 | 22,261,537 | 5.9% |
| WATERS CORP /DE/ | February 14, 2024 | 4,935,371 | 8.3% |
| IDEXX LABORATORIES INC /DE | February 14, 2023 | 4,447,828 | 5.4% |
View Fundsmith's complete significant-ownership history.
Latest filings
| Type | Filed |
|---|---|
| N-PX/A | 2024-09-04 |
| N-PX | 2024-08-28 |
| 13F-HR | 2024-08-14 |
| 13F-HR | 2024-05-15 |
| 13F-HR | 2024-02-14 |
| SC 13G/A | 2024-02-14 |
| SC 13G/A | 2024-02-14 |
| SC 13G/A | 2024-02-14 |
| SC 13G/A | 2024-02-14 |
| 13F-HR | 2023-11-14 |
View Fundsmith's complete filings history.
All filings
- Holdings (13F-HR)
- Significant ownership (13-D/G)
- Insider transactions (4, 5, 6)
- Events (8-K)
- Shareholder votes (proxy)
View complete filings history.