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← Terry Smith

Terry Smith's 2024Q4 portfolio

Terry Smith (Fundsmith) held 20 positions as of Dec 31, 2024, with the largest position at 11.4% of the portfolio.

Showing positions still held at the most recent quarter so their historical weights can be reconstructed. Positions that were held in 2024Q4but have since been exited aren't included in this table — for a full point-in-time reconstruction, use the SEC EDGAR filing directly.

Holdings as of Dec 31, 2024 (20)

  1. 1METAMeta Platforms Inc-class A
    % port
    11.4%
    now 6.1%
  2. 2MSFTMicrosoft Corp
    % port
    11.4%
    -0.3pp vs prior Qnow 5.6%
  3. 3SYKStryker Corp
    % port
    8.9%
    +0.5pp vs prior Q
  4. 4ADPAutomatic Data Processing
    % port
    6.5%
    +0.2pp vs prior Qnow 6.1%
  5. 5VVisa Inc-class A Shares
    % port
    6.3%
    +0.1pp vs prior Qnow 7.0%
  6. 6WATWaters Corp
    % port
    5.9%
    +0.4pp vs prior Qnow 7.4%
  7. 7PMPhilip Morris International
    % port
    5.6%
    -0.1pp vs prior Qnow 6.3%
  8. 8MARMarriott International -cl A
    % port
    5.5%
    +1.0pp vs prior Qnow 8.9%
  9. 9GOOGLAlphabet Inc-cl A
    % port
    4.9%
    +0.8pp vs prior Qnow 7.4%
  10. 10IDXXIdexx Laboratories Inc
    % port
    4.7%
    -0.8pp vs prior Qnow 6.1%
  11. 11PGProcter & Gamble Co/the
    % port
    4.5%
    now 5.8%
  12. 12MTDMettler-toledo International
    % port
    4.1%
    -0.7pp vs prior Qnow 6.4%
  13. 13CHDChurch & Dwight CO Inc
    % port
    4.0%
    +0.2pp vs prior Qnow 5.5%
  14. 14FTNTFortinet Inc
    % port
    3.1%
    +0.7pp vs prior Q
  15. 15OTISOtis Worldwide Corp
    % port
    2.1%
    -0.2pp vs prior Qnow 1.7%
  16. 16TXNTexas Instruments Inc
    % port
    1.2%
    now 3.8%
  17. 17TSMTaiwan Semiconductor-sp Adr
    % port
    0.4%
    now 0.0%
  18. 18HDHome Depot Inc
    % port
    0.3%
    now 0.0%
  19. 19ZTSZoetis Inc
    % port
    0.2%
    now 3.0%
  20. 20WMWaste Management Inc
    % port
    0.1%
    now 0.4%

13F-HR filings disclose long US-equity positions only. 13Fs don't cover shorts, bonds, derivatives, or non-US listings, so the picture here is the public part of the portfolio — not the whole.

Not investment advice.