Terry Smith - Fundsmith 13F Activity & Position Changes (Q2 2016)
According to the SEC 13F filed on Aug 14, 2026, the Fundsmith portfolio showed several notable changes in holdings as of quarter-end Jun 30, 2016. 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 Q2 2016, the filing reported:
New Buys - None reported
Increases - Automatic Data Processing, Inc., Becton, Dickinson and Company, Colgate-Palmolive Company, IDEXX Laboratories, Inc., Johnson & Johnson, and 9 more
Reductions - None reported
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 |
|---|---|---|---|
|
Q2 2016
|
ADP
Automatic Data Processing, Inc.
|
Buy |
+437,236
|
|
Q2 2016
|
BDX
Becton, Dickinson and Company
|
Buy |
+179,029
|
|
Q2 2016
|
CL
Colgate-Palmolive Company
|
Buy |
+90,358
|
|
Q2 2016
|
IDXX
IDEXX Laboratories, Inc.
|
Buy |
+258,657
|
|
Q2 2016
|
JNJ
Johnson & Johnson
|
Buy |
+719,532
|
|
Q2 2016
|
MMM
3M Company
|
Buy |
+432,985
|
|
Q2 2016
|
MSFT
Microsoft Corporation
|
Buy |
+977,061
|
|
Q2 2016
|
PEP
Pepsico, Inc.
|
Buy |
+424,100
|
|
Q2 2016
|
PM
Philip Morris International Inc
|
Buy |
+454,367
|
|
Q2 2016
|
PYPL
PayPal Holdings, Inc.
|
Buy |
+5,276,062
|
|
Q2 2016
|
SJM
The J.M. Smucker Company
|
Buy |
+1,399,810
|
|
Q2 2016
|
SYK
Stryker Corporation
|
Buy |
+327,206
|
|
Q2 2016
|
V
Visa Inc.
|
Buy |
+594,574
|
|
Q2 2016
|
WAT
Waters Corporation
|
Buy |
+973,788
|