Terry Smith - Fundsmith 13F Activity & Position Changes (Q1 2017)

As of Mar 31, 2017, the Fundsmith portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on May 15, 2026. 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 2017, the filing 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
Q1 2017
ADP
Automatic Data Processing, Inc.
Buy
+133,125
Q1 2017
BDX
Becton, Dickinson and Company
Buy
+71,691
Q1 2017
CL
Colgate-Palmolive Company
Buy
+198,067
Q1 2017
EL
Estee Lauder Companies, Inc. (T
Buy
+136,237
Q1 2017
IDXX
IDEXX Laboratories, Inc.
Buy
+3,341
Q1 2017
JNJ
Johnson & Johnson
Buy
+681
Q1 2017
MAR
Marriott International
Buy
+8,254
Q1 2017
MMM
3M Company
Sell
-6,193
Q1 2017
MSFT
Microsoft Corporation
Sell
-166
Q1 2017
PEP
Pepsico, Inc.
Buy
+378,680
Q1 2017
PM
Philip Morris International Inc
Buy
+8,735
Q1 2017
PYPL
PayPal Holdings, Inc.
Buy
+565,992
Q1 2017
SJM
The J.M. Smucker Company
Sell
-7,798
Q1 2017
SYK
Stryker Corporation
Buy
+226,057
Q1 2017
V
Visa Inc.
Buy
+2,401
Q1 2017
WAT
Waters Corporation
Buy
+349,178