Terry Smith - Fundsmith Investment Services 13F Activity & Position Changes (Q1 2022)
According to the SEC 13F filed on May 16, 2022, the Fundsmith Investment Services portfolio showed several notable changes in holdings as of quarter-end Mar 31, 2022. The activity included new positions, additions to existing holdings, reductions, and complete exits, providing a clear view of how the portfolio evolved during the quarter.
During Q1 2022, the filing reported:
New Buys - Automatic Data Processing, Inc., Brown Forman Inc, Church & Dwight Company, Inc., Alphabet Inc., IDEXX Laboratories, Inc., and 8 more
Increases - Adobe Inc., Amazon.com, Inc., Estee Lauder Companies, Inc. (T, Home Depot, Inc. (The), Intuit Inc., and 7 more
Reductions - None reported
Complete Exits - Agilent Technologies, Inc., Autodesk, Inc., Amphenol Corporation, Diageo plc, Danaher Corporation, and 12 more
These updates highlight how the portfolio adjusted across different sectors and market conditions, offering insights into allocation shifts and investment trends.
| Date | Symbol | Type | Change Qty |
|---|---|---|---|
|
Q1 2022
|
A
Agilent Technologies, Inc.
|
Sell - Position Exit |
-40,143
|
|
Q1 2022
|
ADBE
Adobe Inc.
|
Buy |
+656,027
|
|
Q1 2022
|
ADP
Automatic Data Processing, Inc.
|
Buy - Position Entry |
+1,411,199
|
|
Q1 2022
|
ADSK
Autodesk, Inc.
|
Sell - Position Exit |
-21,698
|
|
Q1 2022
|
AMZN
Amazon.com, Inc.
|
Buy |
+87,467
|
|
Q1 2022
|
APH
Amphenol Corporation
|
Sell - Position Exit |
-70,840
|
|
Q1 2022
|
BF-B
Brown Forman Inc
|
Buy - Position Entry |
+3,834,402
|
|
Q1 2022
|
CHD
Church & Dwight Company, Inc.
|
Buy - Position Entry |
+3,229,315
|
|
Q1 2022
|
DEO
Diageo plc
|
Sell - Position Exit |
-27,961
|
|
Q1 2022
|
DHR
Danaher Corporation
|
Sell - Position Exit |
-14,586
|
|
Q1 2022
|
EFX
Equifax, Inc.
|
Sell - Position Exit |
-14,038
|
|
Q1 2022
|
EL
Estee Lauder Companies, Inc. (T
|
Buy |
+1,461,387
|
|
Q1 2022
|
GOOGL
Alphabet Inc.
|
Buy - Position Entry |
+98,118
|
|
Q1 2022
|
HD
Home Depot, Inc. (The)
|
Buy |
+21,065
|
|
Q1 2022
|
HEI-A
Heico Corporation
|
Sell - Position Exit |
-47,517
|
|
Q1 2022
|
ICLR
ICON
|
Sell - Position Exit |
-22,275
|
|
Q1 2022
|
IDXX
IDEXX Laboratories, Inc.
|
Buy - Position Entry |
+952,428
|
|
Q1 2022
|
INTU
Intuit Inc.
|
Buy |
+746,600
|
|
Q1 2022
|
JNJ
Johnson & Johnson
|
Buy - Position Entry |
+57,690
|
|
Q1 2022
|
MA
Mastercard Incorporated
|
Sell - Position Exit |
-10,780
|
|
Q1 2022
|
META
Meta Platforms, Inc.
|
Buy |
+1,299,665
|
|
Q1 2022
|
MKC
McCormick & Company, Incorporat
|
Buy - Position Entry |
+3,552,436
|
|
Q1 2022
|
MSFT
Microsoft Corporation
|
Buy |
+2,494,069
|
|
Q1 2022
|
MTD
Mettler-Toledo International, I
|
Buy - Position Entry |
+214,994
|
|
Q1 2022
|
NKE
Nike, Inc.
|
Buy |
+2,145,774
|
|
Q1 2022
|
NOW
ServiceNow, Inc.
|
Sell - Position Exit |
-9,783
|
|
Q1 2022
|
ORLY
O'Reilly Automotive, Inc.
|
Sell - Position Exit |
-8,802
|
|
Q1 2022
|
OTIS
Otis Worldwide Corporation
|
Sell - Position Exit |
-87,908
|
|
Q1 2022
|
PEP
Pepsico, Inc.
|
Buy - Position Entry |
+2,009,272
|
|
Q1 2022
|
PG
Procter & Gamble Company (The)
|
Buy - Position Entry |
+65,952
|
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