Terry Smith Fundsmith Portfolio Update: December 2025 Holdings

Terry Smith's Fundsmith portfolio, valued at approximately $17.1 billion as of December 2025, reflects strategic adjustments across key holdings. For detailed analysis, visit Terry Smith's profile.

Waters Corp (WAT) saw a reduction in shares held by 10.05%, while Striker Corp (SYK) experienced a larger decrease of 19.68%. IDEXX Labs (IDXX) also decreased significantly by 28.13%. Meanwhile, Visa (V) and Marriott Intl (MAR) both saw reductions of around 8.29% and 5.87% respectively.

Alphabet (GOOGL) and Microsoft (MSFT) showed substantial decreases of 44.37% and 19.49% in their shareholdings. Other notable changes include Automatic Data Processing (ADP) with a 3.1% reduction, Philip Morris Intl (PM) down 14.8%, and Meta Platforms (META) down 12.52%.

For more information on these companies, explore their profiles: WAT, SYK, IDXX, V, MAR, GOOGL, ADP, MSFT, PM, META.