Terry Smith – Fundsmith Portfolio Activity & Recent Trades (Jun 30, 2025)
As of Jun 30, 2025, the Fundsmith 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 – NAPCO Security Technologies, In (NSSC), Vertiv Holdings, LLC (VRT), Manhattan Associates, Inc. (MANH)
Increases – Catalyst Pharmaceuticals, Inc. (CPRX), Zoetis Inc. (ZTS), Intuit Inc. (INTU), Doximity, Inc. (DOCS)
These updates highlight how the portfolio adjusted across different sectors and market conditions, offering insights into allocation shifts and investment trends.
Fundsmith Activity
| Date | Symbol | Type | Quantity |
|---|---|---|---|
Q1 2025Mar 31, 2025 | META Meta Platforms, Inc. | Sell | -677,556-14.9% |
Q1 2025Mar 31, 2025 | MSFT Microsoft Corporation | Sell | -816,871-13.2% |
Q1 2025Mar 31, 2025 | PEP Pepsico, Inc. | Sell - Position Exit | -5,663,677-100.0% |
Q4 2024Dec 31, 2024 | DOCS Doximity, Inc. | Buy - Position Entry | +710,502 |
Q4 2024Dec 31, 2024 | MEDP Medpace Holdings, Inc. | Buy - Position Entry | +127,537 |
Q4 2024Dec 31, 2024 | MTD Mettler-Toledo International, I | Sell | -464-0.1% |
Q4 2024Dec 31, 2024 | MA Mastercard Incorporated | Sell | -957-1.5% |
Q4 2024Dec 31, 2024 | IDXX IDEXX Laboratories, Inc. | Sell | -1,307-0.0% |
Q4 2024Dec 31, 2024 | HD Home Depot, Inc. (The) | Sell | -2,176-1.5% |
Q4 2024Dec 31, 2024 | SYK Stryker Corporation | Sell | -2,844-0.1% |
Q4 2024Dec 31, 2024 | ZTS Zoetis Inc. | Sell | -3,397-1.5% |
Q4 2024Dec 31, 2024 | GOOGL Alphabet Inc. | Sell | -3,809-0.1% |
Q4 2024Dec 31, 2024 | PG Procter & Gamble Company (The) | Sell | -6,846-0.1% |
Q4 2024Dec 31, 2024 | MAR Marriott International | Sell | -11,315-0.3% |
Q4 2024Dec 31, 2024 | WAT Waters Corporation | Sell | -11,477-0.3% |
Q4 2024Dec 31, 2024 | CHD Church & Dwight Company, Inc. | Sell | -25,654-0.4% |
Q4 2024Dec 31, 2024 | PEP Pepsico, Inc. | Sell | -76,311-1.3% |
Q4 2024Dec 31, 2024 | MCD McDonald's Corporation | Sell - Position Exit | -94,403-100.0% |
Q4 2024Dec 31, 2024 | NKE Nike, Inc. | Sell | -163,864-2.6% |
Q4 2024Dec 31, 2024 | OTIS Otis Worldwide Corporation | Sell | -174,451-2.8% |
Q4 2024Dec 31, 2024 | META Meta Platforms, Inc. | Sell | -310,012-6.4% |
Q4 2024Dec 31, 2024 | BF-B Brown Forman Inc | Sell | -372,626-3.7% |
Q4 2024Dec 31, 2024 | ADP Automatic Data Processing, Inc. | Sell | -558,108-10.0% |
Q4 2024Dec 31, 2024 | MSFT Microsoft Corporation | Sell | -713,242-10.3% |
Q4 2024Dec 31, 2024 | PM Philip Morris International Inc | Sell | -767,484-6.4% |
Q4 2024Dec 31, 2024 | V Visa Inc. | Sell | -924,264-16.7% |
Q4 2024Dec 31, 2024 | AAPL Apple Inc. | Sell - Position Exit | -1,558,589-100.0% |
Q4 2024Dec 31, 2024 | FTNT Fortinet, Inc. | Sell | -1,587,870-15.7% |
Q4 2024Dec 31, 2024 | MKC McCormick & Company, Incorporat | Sell - Position Exit | -1,728,157-100.0% |
Q4 2024Dec 31, 2024 | CGNX Cognex Corporation | Sell - Position Exit | -1,906,276-100.0% |