Terry Smith - Fundsmith Portfolio Position Sizes (Q1 2026)

As of Mar 31, 2026, the Fundsmith portfolio balances reported a total equity value of $12.83B across 34 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 8.6% of total equity value, followed by STRYKER CORPORATION (SYK), WATERS CORP (WAT), VISA INC (V), and others. Collectively, the top five holdings represent 37.8% of the portfolio, showing how capital is distributed among core positions and long-term investments.