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 2023Jun 30, 2023 | ZTS Zoetis Inc. | Buy | +1,981+3.1% |
Q2 2023Jun 30, 2023 | EL Estee Lauder Companies, Inc. (T | Buy | +1,624+0.1% |
Q2 2023Jun 30, 2023 | HD Home Depot, Inc. (The) | Buy | +1,313+3.1% |
Q2 2023Jun 30, 2023 | CHD Church & Dwight Company, Inc. | Sell | -655,848-20.1% |
Q2 2023Jun 30, 2023 | AMZN Amazon.com, Inc. | Sell - Position Exit | -1,797,640-100.0% |
Q1 2023Mar 31, 2023 | PG Procter & Gamble Company (The) | Buy | +485,317+553.2% |
Q1 2023Mar 31, 2023 | AAPL Apple Inc. | Buy | +202,955+78.0% |
Q1 2023Mar 31, 2023 | META Meta Platforms, Inc. | Buy | +160,709+12.1% |
Q1 2023Mar 31, 2023 | ADP Automatic Data Processing, Inc. | Buy | +144,182+10.1% |
Q1 2023Mar 31, 2023 | WAT Waters Corporation | Buy | +74,169+8.9% |
Q1 2023Mar 31, 2023 | BF-B Brown Forman Inc | Buy | +72,592+1.8% |
Q1 2023Mar 31, 2023 | MAR Marriott International | Buy - Position Entry | +28,021 |
Q1 2023Mar 31, 2023 | MA Mastercard Incorporated | Buy - Position Entry | +11,748 |
Q1 2023Mar 31, 2023 | MKC McCormick & Company, Incorporat | Buy | +2,589+0.1% |
Q1 2023Mar 31, 2023 | CHD Church & Dwight Company, Inc. | Buy | +2,572+0.1% |
Q1 2023Mar 31, 2023 | GOOGL Alphabet Inc. | Buy | +1,447+0.1% |
Q1 2023Mar 31, 2023 | JNJ Johnson & Johnson | Buy | +1,278+1.7% |
Q1 2023Mar 31, 2023 | PEP Pepsico, Inc. | Buy | +1,086+0.1% |
Q1 2023Mar 31, 2023 | ZTS Zoetis Inc. | Buy | +1,038+1.7% |
Q1 2023Mar 31, 2023 | V Visa Inc. | Buy | +978+0.1% |
Q1 2023Mar 31, 2023 | EL Estee Lauder Companies, Inc. (T | Buy | +850+0.1% |
Q1 2023Mar 31, 2023 | SYK Stryker Corporation | Buy | +838+0.1% |
Q1 2023Mar 31, 2023 | MSFT Microsoft Corporation | Buy | +817+0.0% |
Q1 2023Mar 31, 2023 | OTIS Otis Worldwide Corporation | Buy | +765+0.0% |
Q1 2023Mar 31, 2023 | HD Home Depot, Inc. (The) | Buy | +687+1.7% |
Q1 2023Mar 31, 2023 | IDXX IDEXX Laboratories, Inc. | Buy | +324+0.0% |
Q1 2023Mar 31, 2023 | MTD Mettler-Toledo International, I | Buy | +142+0.1% |
Q1 2023Mar 31, 2023 | ADBE Adobe Inc. | Sell - Position Exit | -693,071-100.0% |
Q4 2022Dec 31, 2022 | MKC McCormick & Company, Incorporat | Buy | +49,680+1.2% |
Q4 2022Dec 31, 2022 | CHD Church & Dwight Company, Inc. | Buy | +49,365+1.5% |