Fundsmith
13F Holdings and Portfolio Analysis
Terry Smith 2025 Q3 13F holdings, quarterly changes, portfolio value trend and position weight distribution.
Fundsmith Overview
Fundsmith held 35 stocks in 2025 Q3, with total market value around $19.80B.
Fundsmith's top five holdings in 2025 Q3: STRYKER CORPORATION COM(SYK) 8.57%, IDEXX LABS INC COM(IDXX) 8.43%, ALPHABET INC CAP STK CL A(GOOGL) 7.72%, MICROSOFT CORP COM(MSFT) 6.76%, Visa Inc.(V) 6.65%.
- Portfolio Value
- $19.80B
- Current Holdings
- 35 stocks
- New / Increased
- 0 / 13
- Reduced / Exited
- 10 / 4
Current Holdings
| 1 | STRYKER CORPORATION COMSYK | 1.70 | 8.57% | 4.59 -1.83% | $369.67 | $295.09 -20.17% | $132.06 | -0.09 | 12.75 | +$0.75B+123.45% | Reduced |
| 2 | IDEXX LABS INC COMIDXX | 1.67 | 8.43% | 2.61 -1.09% | $638.89 | $560.73 -12.23% | $98.38 | -0.03 | 10.75 | +$1.21B+469.99% | Reduced |
| 3 | ALPHABET INC CAP STK CL AGOOGL | 1.53 | 7.72% | 6.29 -7.56% | $243.10 | $375.95 +54.65% | $235.22 | -0.51 | 4.00 | +$0.89B+59.83% | Reduced |
| 4 | MICROSOFT CORP COMMSFT | 1.34 | 6.76% | 2.58 -47.72% | $517.95 | $460.25 -11.14% | $132.23 | -2.36 | 7.25 | +$0.85B+248.06% | Reduced |
| 5 | Visa Inc.V | 1.32 | 6.65% | 3.85 +0.01% | $341.38 | $320.44 -6.14% | $100.18 | +0.00 | 12.75 | +$0.85B+219.87% | Increased |
| 6 | AUTOMATIC DATA PROCESSING IN COMADP | 1.27 | 6.39% | 4.31 -1.16% | $293.50 | $227.75 -22.40% | $121.03 | -0.05 | 9.00 | +$0.46B+88.17% | Reduced |
| 7 | WATERS CORP COMWAT | 1.19 | 5.99% | 3.96 +9.62% | $299.81 | $379.82 +26.69% | $181.93 | +0.35 | 10.75 | +$0.78B+108.77% | Increased |
| 8 | PHILIP MORRIS INTL INC COMPM | 1.17 | 5.89% | 7.19 -20.78% | $162.20 | $176.08 +8.56% | $86.42 | -1.89 | 12.75 | +$0.64B+103.75% | Reduced |
| 9 | Meta Platforms, Inc.META | 1.14 | 5.78% | 1.56 -56.32% | $734.38 | $612.96 -16.53% | $174.68 | -2.01 | 7.75 | +$0.68B+250.91% | Reduced |
| 10 | MARRIOTT INTL INC NEW CL AMAR | 1.10 | 5.56% | 4.23 -0.20% | $260.44 | $376.84 +44.69% | $195.64 | -0.01 | 2.75 | +$0.77B+92.62% | Reduced |
| 11 | METTLER TOLEDO INTERNATIONAL COMMTD | 0.73 | 3.66% | 0.59 +0.10% | $1227.61 | $1170.08 -4.69% | $1312.88 | +0.00 | 3.75 | -$0.08B-10.88% | Increased |
| 12 | FORTINET INC COMFTNT | 0.71 | 3.58% | 8.42 +0.02% | $84.08 | $146.48 +74.22% | $39.77 | +0.00 | 5.25 | +$0.90B+268.32% | Increased |
| 13 | The Procter & Gamble CompanyPG | 0.70 | 3.55% | 4.58 +0.10% | $153.65 | $140.19 -8.76% | $150.08 | +0.00 | 5.00 | -$0.05B-6.59% | Increased |
| 14 | CHURCH & DWIGHT CO INC COMCHD | 0.60 | 3.01% | 6.79 -0.43% | $87.63 | $92.89 +6.00% | $87.21 | -0.03 | 5.00 | +$0.04B+6.51% | Reduced |
| 15 | Otis Worldwide CorporationOTIS | 0.53 | 2.69% | 5.82 - | $91.43 | $91.29 -0.15% | $64.50 | 0.00 | 3.25 | +$0.16B+41.53% | Held |
| 16 | ZOETIS INC CL AZTS | 0.53 | 2.67% | 3.62 +25.32% | $146.32 | $77.63 -46.95% | $160.64 | +0.73 | 5.00 | -$0.30B-51.68% | Increased |
| 17 | TEXAS INSTRS INC COMTXN | 0.50 | 2.53% | 2.72 +0.06% | $183.73 | $308.59 +67.96% | $181.36 | +0.00 | 1.75 | +$0.35B+70.16% | Increased |
| 18 | NIKE, Inc.NKE | 0.43 | 2.16% | 6.13 - | $69.73 | $67.64 -3.00% | $101.73 | 0.00 | 5.75 | -$0.21B-33.51% | Held |
| 19 | INTUIT COMINTU | 0.41 | 2.09% | 0.60 +64.01% | $682.91 | $361.49 -47.07% | $694.58 | +0.24 | 0.75 | -$0.20B-47.96% | Increased |
| 20 | QUALYS INC COMQLYS | 0.12 | 0.58% | 0.87 +21.19% | $132.33 | - | $146.31 | +0.15 | 5.50 | -$0.01B-9.56% | Increased |
| 21 | PAYCOM SOFTWARE INC COMPAYC | 0.11 | 0.55% | 0.52 +26.58% | $208.14 | - | $201.99 | +0.11 | 7.00 | +$0.00B+3.05% | Increased |
| 22 | DOXIMITY INC CL ADOCS | 0.10 | 0.50% | 1.36 - | $73.15 | - | $56.00 | 0.00 | 1.00 | +$0.02B+30.62% | Held |
| 23 | MSCI Inc.MSCI | 0.09 | 0.48% | 0.17 - | $567.41 | $631.38 +11.27% | $177.39 | 0.00 | 7.00 | +$0.08B+255.93% | Held |
| 24 | Vertiv Holdings CoVRT | 0.09 | 0.45% | 0.59 -18.41% | $150.86 | $174.00 +15.34% | $128.41 | -0.13 | 0.50 | +$0.03B+35.50% | Reduced |
| 25 | ODDITY TECH LTD SHS CL AODD | 0.09 | 0.45% | 1.42 - | $62.30 | - | $38.34 | 0.00 | 2.25 | +$0.03B+62.51% | Held |
Showing 1-25 of 35
"Holding Period (yrs)" is the latest uninterrupted holding duration, calculated by dividing continuous reported quarters by 4.
Cost basis is an estimate and can differ materially from the actual cost, especially in edge cases.
Cost basis estimate: from the latest uninterrupted holding period, new or increased shares are added to the cost pool at the report price; reductions remove shares at the then-average cost. Example: buy 100 shares at $10 in Q1 and add 50 shares at $16 in Q2, estimated cost basis is (100 x 10 + 50 x 16) / 150 = $12 per share.
Return shows estimated dollar return on top and percentage return below. It uses current price when available, otherwise report price.
Exited Holdings
Stocks no longer disclosed in the current 13F portfolio for 2025 Q3.
| 1 | CHOICE HOTELS INTL INCCHH | 0.73 | 1.50 | $126.35 | $126.88 | +$0.00B+0.42% |
| 2 | EXPONENT INCEXPO | 0.75 | 2.25 | $93.32 | $74.71 | -$0.01B-19.94% |
| 3 | Verisk Analytics, Inc.VRSK | 0.18 | 6.75 | $133.23 | $251.51 | +$0.02B+88.78% |
| 4 | Mastercard IncorporatedMA | 0.03 | 2.50 | $376.82 | $568.81 | +$0.01B+50.95% |
Showing 1-4 of 4
Exited holdings are stocks disclosed in the previous report period but no longer disclosed in the current 13F portfolio.
"Holding Period (yrs)" is the latest uninterrupted holding duration, calculated by dividing continuous reported quarters by 4.
Cost basis uses the same weighted cost-pool method as current holdings. Estimated exit price uses the current report period weighted report price when available, otherwise the previous report price; it does not represent the actual sale price.
Exit return shows estimated dollar return on top and percentage return below.
Portfolio Visuals
Track portfolio value, position weights and Top 10 history.