Terry Smith - Fundsmith Investment Services 13F Activity & Position Changes (Q3 2022)
As of Sep 30, 2022, the Fundsmith Investment Services portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on Nov 14, 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 Q3 2022, the filing reported:
New Buys - Apple Inc., Otis Worldwide Corporation
Increases - Alphabet Inc.
Reductions - Adobe Inc., Automatic Data Processing, Inc., Church & Dwight Company, Inc., Estee Lauder Companies, Inc. (T, Home Depot, Inc. (The), and 13 more
Complete Exits - None reported
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 |
|---|---|---|---|
|
Q3 2022
|
AAPL
Apple Inc.
|
Buy - Position Entry |
+260,086
|
|
Q3 2022
|
ADBE
Adobe Inc.
|
Sell |
-2,220
|
|
Q3 2022
|
ADP
Automatic Data Processing, Inc.
|
Sell |
-4,094
|
|
Q3 2022
|
CHD
Church & Dwight Company, Inc.
|
Sell |
-11,027
|
|
Q3 2022
|
EL
Estee Lauder Companies, Inc. (T
|
Sell |
-3,521
|
|
Q3 2022
|
GOOGL
Alphabet Inc.
|
Buy |
+1,858,049
|
|
Q3 2022
|
HD
Home Depot, Inc. (The)
|
Sell |
-2,948
|
|
Q3 2022
|
IDXX
IDEXX Laboratories, Inc.
|
Sell |
-1,389
|
|
Q3 2022
|
INTU
Intuit Inc.
|
Sell |
-1,925
|
|
Q3 2022
|
JNJ
Johnson & Johnson
|
Sell |
-5,477
|
|
Q3 2022
|
MKC
McCormick & Company, Incorporat
|
Sell |
-11,097
|
|
Q3 2022
|
MSFT
Microsoft Corporation
|
Sell |
-3,503
|
|
Q3 2022
|
MTD
Mettler-Toledo International, I
|
Sell |
-617
|
|
Q3 2022
|
OTIS
Otis Worldwide Corporation
|
Buy - Position Entry |
+1,612,687
|
|
Q3 2022
|
PEP
Pepsico, Inc.
|
Sell |
-4,656
|
|
Q3 2022
|
PG
Procter & Gamble Company (The)
|
Sell |
-6,261
|
|
Q3 2022
|
PYPL
PayPal Holdings, Inc.
|
Sell |
-106,247
|
|
Q3 2022
|
SYK
Stryker Corporation
|
Sell |
-3,572
|
|
Q3 2022
|
V
Visa Inc.
|
Sell |
-4,192
|
|
Q3 2022
|
WAT
Waters Corporation
|
Sell |
-2,774
|
|
Q3 2022
|
ZTS
Zoetis Inc.
|
Sell |
-4,448
|