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 2022Dec 31, 2022 | PG Procter & Gamble Company (The) | Buy | +28,031+47.0% |
Q4 2022Dec 31, 2022 | GOOGL Alphabet Inc. | Buy | +27,748+1.4% |
Q4 2022Dec 31, 2022 | JNJ Johnson & Johnson | Buy | +24,519+47.0% |
Q4 2022Dec 31, 2022 | PEP Pepsico, Inc. | Buy | +20,844+1.0% |
Q4 2022Dec 31, 2022 | ZTS Zoetis Inc. | Buy | +19,911+47.0% |
Q4 2022Dec 31, 2022 | V Visa Inc. | Buy | +18,767+1.3% |
Q4 2022Dec 31, 2022 | ADP Automatic Data Processing, Inc. | Buy | +18,330+1.3% |
Q4 2022Dec 31, 2022 | EL Estee Lauder Companies, Inc. (T | Buy | +16,312+1.0% |
Q4 2022Dec 31, 2022 | SYK Stryker Corporation | Buy | +16,088+1.0% |
Q4 2022Dec 31, 2022 | MSFT Microsoft Corporation | Buy | +15,683+0.6% |
Q4 2022Dec 31, 2022 | OTIS Otis Worldwide Corporation | Buy | +14,681+0.9% |
Q4 2022Dec 31, 2022 | HD Home Depot, Inc. (The) | Buy | +13,196+47.0% |
Q4 2022Dec 31, 2022 | WAT Waters Corporation | Buy | +12,421+1.5% |
Q4 2022Dec 31, 2022 | ADBE Adobe Inc. | Buy | +9,395+1.4% |
Q4 2022Dec 31, 2022 | IDXX IDEXX Laboratories, Inc. | Buy | +6,220+0.6% |
Q4 2022Dec 31, 2022 | MTD Mettler-Toledo International, I | Buy | +2,721+1.2% |
Q4 2022Dec 31, 2022 | INTU Intuit Inc. | Sell - Position Exit | -757,796-100.0% |
Q4 2022Dec 31, 2022 | PYPL PayPal Holdings, Inc. | Sell - Position Exit | -2,439,225-100.0% |
Q3 2022Sep 30, 2022 | GOOGL Alphabet Inc. | Buy | +1,858,049+1893.7% |
Q3 2022Sep 30, 2022 | OTIS Otis Worldwide Corporation | Buy - Position Entry | +1,612,687 |
Q3 2022Sep 30, 2022 | AAPL Apple Inc. | Buy - Position Entry | +260,086 |
Q3 2022Sep 30, 2022 | MTD Mettler-Toledo International, I | Sell | -617-0.3% |
Q3 2022Sep 30, 2022 | IDXX IDEXX Laboratories, Inc. | Sell | -1,389-0.1% |
Q3 2022Sep 30, 2022 | INTU Intuit Inc. | Sell | -1,925-0.3% |
Q3 2022Sep 30, 2022 | ADBE Adobe Inc. | Sell | -2,220-0.3% |
Q3 2022Sep 30, 2022 | WAT Waters Corporation | Sell | -2,774-0.3% |
Q3 2022Sep 30, 2022 | HD Home Depot, Inc. (The) | Sell | -2,948-9.5% |
Q3 2022Sep 30, 2022 | MSFT Microsoft Corporation | Sell | -3,503-0.1% |
Q3 2022Sep 30, 2022 | EL Estee Lauder Companies, Inc. (T | Sell | -3,521-0.2% |
Q3 2022Sep 30, 2022 | SYK Stryker Corporation | Sell | -3,572-0.2% |