Terry Smith – Fundsmith Investment Services Portfolio Activity & Recent Trades (Jun 30, 2025)
As of Jun 30, 2025, the Fundsmith Investment Services portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on Aug 14, 2025. The activity included new positions, additions to existing holdings, reductions, and complete exits, providing a clear view of how the portfolio evolved during the quarter.
During Q2 2025, the filing reported:
New Buys – None reported
Increases – Zoetis Inc. (ZTS), Intuit Inc. (INTU), Texas Instruments Incorporated (TXN), Church & Dwight Company, Inc. (CHD), Waters Corporation (WAT), and 3 more
Reductions – Alphabet Inc. (GOOGL), Procter & Gamble Company (The) (PG), Mastercard Incorporated (MA), IDEXX Laboratories, Inc. (IDXX), Home Depot, Inc. (The) (HD), and 8 more
Complete Exits – Brown Forman Inc (BF-B)
These updates highlight how the portfolio adjusted across different sectors and market conditions, offering insights into allocation shifts and investment trends.
Fundsmith Investment Services Activity
| Date | Symbol | Type | Quantity |
|---|---|---|---|
Q2 2025Jun 30, 2025 | ZTS Zoetis Inc. | Buy | +150,371+20.8% |
Q2 2025Jun 30, 2025 | INTU Intuit Inc. | Buy | +66,776+141.2% |
Q2 2025Jun 30, 2025 | TXN Texas Instruments Incorporated | Buy | +65,502+7.0% |
Q2 2025Jun 30, 2025 | CHD Church & Dwight Company, Inc. | Buy | +10,365+0.4% |
Q2 2025Jun 30, 2025 | WAT Waters Corporation | Buy | +4,951+0.4% |
Q2 2025Jun 30, 2025 | MAR Marriott International | Buy | +2,326+0.2% |
Q2 2025Jun 30, 2025 | NKE Nike, Inc. | Buy | +1,803+0.1% |
Q2 2025Jun 30, 2025 | MTD Mettler-Toledo International, I | Buy | +1,049+0.4% |
Q2 2025Jun 30, 2025 | GOOGL Alphabet Inc. | Sell | -3,822-0.2% |
Q2 2025Jun 30, 2025 | PG Procter & Gamble Company (The) | Sell | -4,397-0.2% |
Q2 2025Jun 30, 2025 | MA Mastercard Incorporated | Sell | -6,901-29.4% |
Q2 2025Jun 30, 2025 | IDXX IDEXX Laboratories, Inc. | Sell | -9,743-1.1% |
Q2 2025Jun 30, 2025 | HD Home Depot, Inc. (The) | Sell | -12,657-27.6% |
Q2 2025Jun 30, 2025 | OTIS Otis Worldwide Corporation | Sell | -31,968-1.9% |
Q2 2025Jun 30, 2025 | FTNT Fortinet, Inc. | Sell | -34,872-1.4% |
Q2 2025Jun 30, 2025 | ADP Automatic Data Processing, Inc. | Sell | -44,253-2.9% |
Q2 2025Jun 30, 2025 | V Visa Inc. | Sell | -95,467-6.8% |
Q2 2025Jun 30, 2025 | META Meta Platforms, Inc. | Sell | -125,330-9.9% |
Q2 2025Jun 30, 2025 | SYK Stryker Corporation | Sell | -163,213-9.1% |
Q2 2025Jun 30, 2025 | MSFT Microsoft Corporation | Sell | -181,140-10.2% |
Q2 2025Jun 30, 2025 | PM Philip Morris International Inc | Sell | -649,488-18.9% |
Q2 2025Jun 30, 2025 | BF-B Brown Forman Inc | Sell - Position Exit | -2,855,440-100.0% |
Q1 2025Mar 31, 2025 | CPNG Coupang, Inc. | Buy - Position Entry | +634,547 |
Q1 2025Mar 31, 2025 | ZTS Zoetis Inc. | Buy | +633,152+717.5% |
Q1 2025Mar 31, 2025 | TXN Texas Instruments Incorporated | Buy | +432,664+85.9% |
Q1 2025Mar 31, 2025 | INTU Intuit Inc. | Buy - Position Entry | +47,292 |
Q1 2025Mar 31, 2025 | WM Waste Management, Inc. | Buy | +22,282+46.2% |
Q1 2025Mar 31, 2025 | NKE Nike, Inc. | Buy | +1,093+0.0% |
Q1 2025Mar 31, 2025 | MTD Mettler-Toledo International, I | Sell | -430-0.2% |
Q1 2025Mar 31, 2025 | MA Mastercard Incorporated | Sell | -1,381-5.6% |