What Terry Smith bought and sold in Q3 2025
In Q3 2025, Terry Smith (Fundsmith) added to 2, trimmed 3, exited 3 (FCNCA, SHOP, MA). The book stood at $6.42B across 23 positions, filed Nov 14, 2025.
0New2Added3Trimmed3Exited
Added to (2)
Trimmed (3)
Exited (3)
- FCNCAFirst Citizens Bcshs -cl Awas 0.3% of book
- SHOPShopify Inc - Class Awas 0.1% of book
- MAMastercard Inc - Awas 0.1% of book
Terry Smith's other filings
Changes vs the prior quarter's 13F, long US equity positions only (no shorts, options, or non-US listings). ADD/TRIM are share- count changes of ±20% or more. Sourced from SEC EDGAR. Not investment advice.