Terry Smith's Top Holdings in Fundsmith Portfolio Show Significant Share Reductions
Terry Smith's Fundsmith portfolio, valued at approximately $17.1 billion as of December 31, 2025, features top holdings primarily in Healthcare, Technology, and Communication Services sectors. Notable share reductions were observed in several large-cap stocks, including Alphabet (GOOGL) and IDEXX Labs (IDXX).
Terry Smith's Fundsmith portfolio, valued at approximately $17.1 billion as of December 31, 2025, is heavily concentrated in specific sectors, with Healthcare leading the allocation followed by Technology and Communication Services. The top holdings reflect a strategic focus on established corporations across diverse industries.
The Healthcare sector dominates Terry Smith's portfolio allocation, accounting for nearly 21% of the total value through four of the top ten holdings. These include WAT (Waters Corp), SYK (Stryker Corp), IDXX (IDEXX Labs), and V (Visa Inc). Among these, significant share reductions were observed in SYK (-19.68%) and IDXX (-28.13%) during the prior period.
In the Technology sector, represented by holdings like ADP (Automatic Data Processing) and MSFT (Microsoft Corp), Terry Smith maintained substantial positions. However, notable share declines were also evident, with MSFT (-19.49%) and GOOGL (-44.37%) showing significant reductions in holdings.
The Communication Services sector, home to V (Visa Inc) and GOOGL (Alphabet Inc), also showed substantial share reductions. Visa's position decreased by 8.29%, while Alphabet's holdings saw a dramatic reduction of 44.37%.
For detailed analysis of Terry Smith's investment activities, visit the investor profile at https://www.insiderset.com/investor/terry-smith-fundsmith. Specific stock information, including company profiles and financials, can be found at https://www.insiderset.com/investors/stocks/ for any symbol mentioned.