Terry Smith's Top Holdings: Analysis of Fundsmith Portfolio as of March 31, 2026

Terry Smith, managing the Fundsmith portfolio as of March 31, 2026, holds a diverse set of large-cap stocks, with the top holdings reflecting a strategic focus on established companies across various sectors. For a detailed view of Terry Smith's investment profile, you can visit InsiderSet.

The portfolio's largest position is in Marriott International Inc New (MAR), a leader in the hospitality sector. This holding, representing 8.59% of the portfolio, saw a reduction in shares during the prior period, decreasing by 15.3%.

In the Healthcare sector, three of the top ten holdings are represented. Johnson & Johnson (JNJ) is not listed here, but the top Healthcare holdings are held in STRYKER CORP (SYK) at 7.84% and WATERS CORP (WAT) at 7.46%. Both companies experienced significant reductions, with STRYKER Corp shares down 16.98% and WATERS Corp shares down 9.72%.

Visa Inc (V) is another key holding at 7.31%, representing the Financial Services sector. This position also saw a decline of 12.18% in shares.

The Communication Services sector is represented by ALPHABET INC (GOOGL) at 6.63% and META PLATFORMS INC (META) at 5.89%. Both show reductions, with Alphabet down 15.5% and Meta down 3.09%.

Consumer Defensive is represented by PHILIP MORRIS INTL INC (PM) at 6.59%, which also saw a 16.51% reduction in shares.

The Technology sector is well-represented with AUTOMATIC DATA PROCESSING IN (ADP) at 6.11% and MICROSOFT CORP (MSFT) at 6.0%. ADP saw a 7.73% reduction, while MICROSOFT's position remained virtually flat, with a negligible change of just -0.01%.

HEALTHCARE also includes IDEXX LABS INC (IDXX) at 6.42%, which experienced a sharp decline of 21.87% in shares.

For more detailed information on each stock, including company profiles and financials, you can explore the individual stock pages on InsiderSet.