Terry Smith - Fundsmith 13F Portfolio Holdings (Q1 2026)
As of Mar 31, 2026, the Fundsmith portfolio holdings is valued at approximately $12,827,766,987.00 featuring 34 publicly traded holdings. This in-depth profile highlights the top investments led by MARRIOTT INTL INC NEW (MAR), STRYKER CORPORATION (SYK), WATERS CORP (WAT), VISA INC (V), and others based on the company's latest SEC filings reported on May 15, 2026. Explore insights into portfolio composition, sector allocation, and recent trade activity.
Fundsmith's stock portfolio spans 34 holdings across 7 sectors, with a total market value of $12,827,766,987.00. The Healthcare sector represents the largest allocation, while the top holdings account for nearly 69% of the total portfolio value. MARRIOTT INTL INC NEW remains the single largest position at 8.6% of all equity investments.
Complete Holdings
Showing 34 of 34 holdings.
| # | Company | Symbol | Sector | Portfolio % | Shares | Change (Shares) | Change % | Value |
|---|---|---|---|---|---|---|---|---|
| 1 | MARRIOTT INTL INC NEW | MAR | Consumer Cyclical | 8.59% | 3,370,872 | -609,055 | -15.30% | $1,102,511,105.00 |
| 2 | STRYKER CORPORATION | SYK | Healthcare | 7.84% | 3,061,416 | -626,095 | -16.98% | $1,005,950,683.00 |
| 3 | WATERS CORP | WAT | Healthcare | 7.46% | 3,212,075 | -345,903 | -9.72% | $956,555,935.00 |
| 4 | VISA INC | V | Financial Services | 7.31% | 3,104,090 | -430,594 | -12.18% | $938,180,162.00 |
| 5 | ALPHABET INC | GOOGL | Communication Services | 6.63% | 2,956,198 | -542,321 | -15.50% | $850,084,297.00 |
| 6 | PHILIP MORRIS INTL INC | PM | Consumer Defensive | 6.59% | 5,113,163 | -1,011,434 | -16.51% | $845,410,370.00 |
| 7 | IDEXX LABS INC | IDXX | Healthcare | 6.42% | 1,465,786 | -410,249 | -21.87% | $823,610,496.00 |
| 8 | AUTOMATIC DATA PROCESSING IN | ADP | Technology | 6.11% | 3,855,105 | -322,864 | -7.73% | $783,280,234.00 |
| 9 | MICROSOFT CORP | MSFT | Technology | 6.00% | 2,079,737 | -234 | -0.01% | $769,856,245.00 |
| 10 | META PLATFORMS INC | META | Communication Services | 5.89% | 1,321,375 | -42,164 | -3.09% | $755,998,279.00 |
| 11 | METTLER TOLEDO INTERNATIONAL | MTD | Healthcare | 5.59% | 568,516 | -11,991 | -2.07% | $717,012,379.00 |
| 12 | CHURCH & DWIGHT CO INC | CHD | Consumer Defensive | 4.83% | 6,641,508 | -86,896 | -1.29% | $619,785,527.00 |
| 13 | PROCTER & GAMBLE CO | PG | Consumer Defensive | 4.73% | 4,199,914 | -48,134 | -1.13% | $606,635,578.00 |
| 14 | TEXAS INSTRS INC | TXN | Technology | 3.97% | 2,623,124 | -428 | -0.02% | $509,253,293.00 |
| 15 | FORTINET INC | FTNT | Technology | 3.92% | 6,156,675 | -359,336 | -5.51% | $503,123,481.00 |
| 16 | ZOETIS INC | ZTS | Healthcare | 3.57% | 3,877,559 | -23,244 | -0.60% | $458,366,249.00 |
| 17 | OTIS WORLDWIDE CORP | OTIS | Industrials | 1.64% | 2,731,635 | -380,745 | -12.23% | $210,554,426.00 |
| 18 | MSCI INC | MSCI | Financial Services | 0.27% | 64,788 | -101,831 | -61.12% | $34,921,380.00 |
| 19 | ROLLINS INC | ROL | Consumer Cyclical | 0.26% | 619,935 | -858,694 | -58.07% | $33,110,728.00 |
| 20 | MEDPACE HLDGS INC | MEDP | Healthcare | 0.23% | 62,668 | -19,899 | -24.10% | $30,092,547.00 |
| 21 | VERISIGN INC | VRSN | Technology | 0.22% | 113,467 | -157,167 | -58.07% | $28,180,664.00 |
| 22 | PAYCOM SOFTWARE INC | PAYC | Technology | 0.21% | 219,457 | -303,976 | -58.07% | $26,672,804.00 |
| 23 | CLOROX CO DEL | CLX | Consumer Defensive | 0.21% | 257,217 | -356,280 | -58.07% | $26,655,398.00 |
| 24 | VERTIV HOLDINGS CO | VRT | Industrials | 0.18% | 91,254 | -319,690 | -77.79% | $22,866,427.00 |
| 25 | NUTANIX INC | NTNX | Technology | 0.17% | 577,392 | -799,766 | -58.07% | $21,946,670.00 |
| 26 | BADGER METER INC | BMI | Technology | 0.17% | 142,491 | +142,491 | +100.00% | $21,708,504.00 |
| 27 | CATALYST PHARMACEUTICALS INC | CPRX | Healthcare | 0.16% | 844,887 | -2,518,920 | -74.88% | $20,919,402.00 |
| 28 | QUALYS INC | QLYS | Technology | 0.15% | 226,077 | -421,729 | -65.10% | $19,860,864.00 |
| 29 | DOXIMITY INC | DOCS | Healthcare | 0.13% | 691,786 | -958,216 | -58.07% | $16,118,614.00 |
| 30 | MANHATTAN ASSOCIATES INC | MANH | Technology | 0.13% | 120,888 | -167,444 | -58.07% | $16,092,611.00 |
| 31 | NAPCO SEC TECHNOLOGIES INC | NSSC | Industrials | 0.12% | 383,596 | -1,396,261 | -78.45% | $15,109,846.00 |
| 32 | ADMA BIOLOGICS INC | ADMA | Healthcare | 0.12% | 1,649,493 | -452,561 | -21.53% | $14,861,932.00 |
| 33 | SABRE CORP | SABR | Technology | 0.10% | 9,013,783 | -12,485,312 | -58.07% | $13,069,985.00 |
| 34 | HOME DEPOT INC | HD | Consumer Cyclical | 0.07% | 28,611 | -51,595 | -64.33% | $9,409,872.00 |
Holdings by Sector
| Sector | Allocation | Value |
|---|---|---|
| Healthcare | 31.52% | $4,043,488,237.00 |
| Technology | 21.15% | $2,713,045,355.00 |
| Consumer Defensive | 16.36% | $2,098,486,873.00 |
| Communication Services | 12.52% | $1,606,082,576.00 |
| Consumer Cyclical | 8.93% | $1,145,031,705.00 |
| Financial Services | 7.59% | $973,101,542.00 |
| Industrials | 1.94% | $248,530,699.00 |
Portfolio insights
As of Mar 31, 2026, the Fundsmith portfolio holds 34 securities valued at $12,827,766,987.00. The Healthcare sector represents the largest allocation, while the top positions account for a significant portion of the total portfolio weight.