Terry Smith - Fundsmith 13F Activity & Position Changes (Q4 2016)
As of Dec 31, 2016, 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 Q4 2016, the filing reported:
Increases - Colgate-Palmolive Company, Estee Lauder Companies, Inc. (T, Johnson & Johnson, Microsoft Corporation, Pepsico, Inc., and 5 more
Complete Exits - Oracle Corporation
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 |
|---|---|---|---|
|
Q4 2016
|
ADP
Automatic Data Processing, Inc.
|
Buy - Position Entry |
+3,878,243
|
|
Q4 2016
|
BDX
Becton, Dickinson and Company
|
Buy - Position Entry |
+2,224,922
|
|
Q4 2016
|
CL
Colgate-Palmolive Company
|
Buy |
+19,873
|
|
Q4 2016
|
EL
Estee Lauder Companies, Inc. (T
|
Buy |
+160,348
|
|
Q4 2016
|
IDXX
IDEXX Laboratories, Inc.
|
Sell |
-14,017
|
|
Q4 2016
|
JNJ
Johnson & Johnson
|
Buy |
+120,074
|
|
Q4 2016
|
MAR
Marriott International
|
Sell |
-19,942
|
|
Q4 2016
|
MMM
3M Company
|
Sell |
-8,010
|
|
Q4 2016
|
MSFT
Microsoft Corporation
|
Buy |
+267,350
|
|
Q4 2016
|
ORCL
Oracle Corporation
|
Sell - Position Exit |
-22,526
|
|
Q4 2016
|
PEP
Pepsico, Inc.
|
Buy |
+388,714
|
|
Q4 2016
|
PM
Philip Morris International Inc
|
Buy |
+187,023
|
|
Q4 2016
|
PYPL
PayPal Holdings, Inc.
|
Buy |
+676,958
|
|
Q4 2016
|
SJM
The J.M. Smucker Company
|
Sell |
-1,534
|
|
Q4 2016
|
SYK
Stryker Corporation
|
Buy |
+812,518
|
|
Q4 2016
|
V
Visa Inc.
|
Buy |
+7,755
|
|
Q4 2016
|
WAT
Waters Corporation
|
Buy |
+52,997
|