Terry Smith - Fundsmith Investment Services Portfolio Position Sizes (Q1 2026)

As of Mar 31, 2026, the Fundsmith Investment Services portfolio balances reported a total equity value of $4.41B across 24 publicly traded holdings. These balances reflect the most recent SEC 13F filing dated May 15, 2026, providing an updated snapshot of assets under management.

The portfolio balances highlight MARRIOTT INTL INC NEW (MAR) as the single largest position, accounting for 8.9% of total equity value, followed by STRYKER CORPORATION (SYK), WATERS CORP (WAT), ALPHABET INC (GOOGL), and others. Collectively, the top five holdings represent 39.6% of the portfolio, showing how capital is distributed among core positions and long-term investments.