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 |
|---|---|---|---|
Q4 2024Dec 31, 2024 | TXN Texas Instruments Incorporated | Buy | +18,009+3.7% |
Q4 2024Dec 31, 2024 | PG Procter & Gamble Company (The) | Sell | -1,673-0.1% |
Q4 2024Dec 31, 2024 | WAT Waters Corporation | Sell | -3,435-0.3% |
Q4 2024Dec 31, 2024 | CHD Church & Dwight Company, Inc. | Sell | -4,815-0.2% |
Q4 2024Dec 31, 2024 | OTIS Otis Worldwide Corporation | Sell | -14,692-0.8% |
Q4 2024Dec 31, 2024 | MCD McDonald's Corporation | Sell - Position Exit | -36,108-100.0% |
Q4 2024Dec 31, 2024 | BF-B Brown Forman Inc | Sell | -43,675-1.5% |
Q4 2024Dec 31, 2024 | MKC McCormick & Company, Incorporat | Sell - Position Exit | -85,247-100.0% |
Q4 2024Dec 31, 2024 | META Meta Platforms, Inc. | Sell | -94,494-5.9% |
Q4 2024Dec 31, 2024 | ADP Automatic Data Processing, Inc. | Sell | -114,621-6.2% |
Q4 2024Dec 31, 2024 | MSFT Microsoft Corporation | Sell | -115,183-5.3% |
Q4 2024Dec 31, 2024 | PM Philip Morris International Inc | Sell | -210,929-5.5% |
Q4 2024Dec 31, 2024 | V Visa Inc. | Sell | -276,598-15.2% |
Q4 2024Dec 31, 2024 | AAPL Apple Inc. | Sell - Position Exit | -600,898-100.0% |
Q3 2024Sep 30, 2024 | TXN Texas Instruments Incorporated | Buy | +64,061+15.2% |
Q3 2024Sep 30, 2024 | FTNT Fortinet, Inc. | Buy | +40,839+1.6% |
Q3 2024Sep 30, 2024 | PG Procter & Gamble Company (The) | Buy | +29,372+1.5% |
Q3 2024Sep 30, 2024 | OTIS Otis Worldwide Corporation | Buy | +5,611+0.3% |
Q3 2024Sep 30, 2024 | AAPL Apple Inc. | Buy | +5,536+0.9% |
Q3 2024Sep 30, 2024 | GOOGL Alphabet Inc. | Buy | +5,378+0.3% |
Q3 2024Sep 30, 2024 | ZTS Zoetis Inc. | Buy | +4,797+5.7% |
Q3 2024Sep 30, 2024 | SYK Stryker Corporation | Buy | +4,468+0.2% |
Q3 2024Sep 30, 2024 | MAR Marriott International | Buy | +4,078+0.3% |
Q3 2024Sep 30, 2024 | V Visa Inc. | Buy | +3,794+0.2% |
Q3 2024Sep 30, 2024 | HD Home Depot, Inc. (The) | Buy | +3,073+5.7% |
Q3 2024Sep 30, 2024 | CHD Church & Dwight Company, Inc. | Buy | +2,319+0.1% |
Q3 2024Sep 30, 2024 | MCD McDonald's Corporation | Buy | +1,963+5.7% |
Q3 2024Sep 30, 2024 | IDXX IDEXX Laboratories, Inc. | Buy | +1,846+0.2% |
Q3 2024Sep 30, 2024 | MA Mastercard Incorporated | Buy | +1,351+5.7% |
Q3 2024Sep 30, 2024 | WAT Waters Corporation | Buy | +741+0.1% |