Terry Smith - Fundsmith Portfolio Stock Holdings

According to the SEC 13F filed on August 14, 2026, Fundsmith disclosed 41 stock positions valued at approximately $13.65B as of quarter-end June 30, 2026. The largest holdings include MARRIOTT INTL INC NEW, STRYKER CORPORATION, and WATERS CORP.

Report Period
June 30, 2026
No. of Stocks
41
Portfolio Value
$13.65B
Holdings by Sector
Fundsmith Portfolio Holdings in Q2 2026
CompanySymbolSectorPortfolio %SharesChange (Shares)Change %Value
MARRIOTT INTL INC NEWMARConsumer Cyclical7.02%2,585,757-785,115-23.29%$958,255,687
STRYKER CORPORATIONSYKHealthcare6.72%2,913,833-147,583-4.82%$917,391,182
WATERS CORPWATHealthcare6.25%2,273,632-938,443-29.22%$852,702,945
VISA INCVFinancial Services5.08%2,019,810-1,084,280-34.93%$692,976,613
UBER TECHNOLOGIES INCUBERTechnology4.73%8,943,151+8,943,151+100.00%$645,337,776
MASTERCARD INCORPORATEDMAFinancial Services4.69%1,245,051+1,217,388+4400.78%$639,458,194
ALPHABET INCGOOGLCommunication Services4.64%1,773,354-1,182,844-40.01%$633,743,519
CHURCH & DWIGHT CO INCCHDConsumer Defensive4.58%6,456,634-184,874-2.78%$625,518,702
PROCTER & GAMBLE COPGConsumer Defensive4.38%4,078,371-121,543-2.89%$598,052,323
MICROSOFT CORPMSFTTechnology4.36%1,596,737-483,000-23.22%$595,614,836
META PLATFORMS INCMETACommunication Services4.34%1,051,876-269,499-20.40%$592,511,232
AUTOMATIC DATA PROCESSING INADPTechnology4.27%2,601,567-1,253,538-32.52%$582,620,930
FORTINET INCFTNTTechnology4.09%3,629,938-2,526,737-41.04%$557,631,076
TAIWAN SEMICONDUCTOR MANUFACTSMTechnology4.02%1,148,449+992,891+638.28%$548,464,789
IDEXX LABS INCIDXXHealthcare3.93%1,019,887-445,899-30.42%$536,909,312
TEXAS INSTRS INCTXNTechnology3.93%1,799,182-823,942-31.41%$536,282,179
PHILIP MORRIS INTL INCPMConsumer Defensive3.86%2,913,693-2,199,470-43.02%$527,116,201
NETFLIX INC.NFLXCommunication Services3.66%6,990,345+6,990,345+100.00%$499,110,633
GE VERNOVA INCGEVUtilities3.53%409,835+409,835+100.00%$481,498,748
APPLOVIN CORPAPPTechnology2.63%696,568+696,568+100.00%$358,892,731
TJX COS INC NEWTJXConsumer Cyclical2.52%2,272,592+2,272,592+100.00%$344,297,688
NEXTPOWER INCNXTTechnology2.49%2,856,092+2,856,092+100.00%$340,274,801
VEEVA SYS INCVEEVHealthcare1.06%816,785+816,785+100.00%$144,954,834
YUM BRANDS INCYUMConsumer Cyclical0.65%556,107+556,107+100.00%$88,899,265
MSCI INCMSCIFinancial Services0.22%53,580-11,208-17.30%$30,006,943
MEDPACE HLDGS INCMEDPHealthcare0.20%52,372-10,296-16.43%$27,735,687
NUTANIX INCNTNXTechnology0.20%538,281-39,111-6.77%$27,430,800
BADGER METER INCBMITechnology0.19%174,627+32,136+22.55%$25,911,154
CLOROX CO DELCLXConsumer Defensive0.19%271,318+14,101+5.48%$25,894,590
ROLLINS INCROLConsumer Cyclical0.19%619,935--$25,876,087
Showing 30 of 41 holdings in the latest reporting period.