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← Terry Smith

Terry Smith's 2025Q3 portfolio

Terry Smith (Fundsmith) held 19 positions as of Sep 30, 2025, with the largest position at 9.0% of the portfolio.

Showing positions still held at the most recent quarter so their historical weights can be reconstructed. Positions that were held in 2025Q3but 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 Sep 30, 2025 (19)

  1. 1SYKStryker Corp
    % port
    9.0%
    +0.2pp vs prior Qnow 8.8%
  2. 2MSFTMicrosoft Corp
    % port
    8.1%
    -2.6pp vs prior Qnow 5.6%
  3. 3METAMeta Platforms Inc-class A
    % port
    8.1%
    -3.3pp vs prior Qnow 6.1%
  4. 4GOOGLAlphabet Inc-cl A
    % port
    7.4%
    +2.6pp vs prior Q
  5. 5IDXXIdexx Laboratories Inc
    % port
    6.9%
    +0.7pp vs prior Qnow 6.1%
  6. 6VVisa Inc-class A Shares
    % port
    6.6%
    +0.3pp vs prior Qnow 7.0%
  7. 7ADPAutomatic Data Processing
    % port
    6.6%
    +0.3pp vs prior Qnow 6.1%
  8. 8WATWaters Corp
    % port
    6.3%
    +0.6pp vs prior Qnow 7.4%
  9. 9MARMarriott International -cl A
    % port
    5.9%
    +0.4pp vs prior Qnow 8.9%
  10. 10PMPhilip Morris International
    % port
    5.6%
    -1.2pp vs prior Qnow 6.3%
  11. 11MTDMettler-toledo International
    % port
    4.9%
    +0.7pp vs prior Qnow 6.4%
  12. 12PGProcter & Gamble Co/the
    % port
    4.5%
    +0.3pp vs prior Qnow 5.8%
  13. 13CHDChurch & Dwight CO Inc
    % port
    3.8%
    now 5.5%
  14. 14FTNTFortinet Inc
    % port
    3.0%
    -0.6pp vs prior Q
  15. 15TXNTexas Instruments Inc
    % port
    2.8%
    now 3.8%
  16. 16ZTSZoetis Inc
    % port
    2.7%
    +0.8pp vs prior Qnow 3.0%
  17. 17OTISOtis Worldwide Corp
    % port
    2.3%
    now 1.7%
  18. 18WMWaste Management Inc
    % port
    0.2%
    now 0.4%
  19. 19HDHome Depot Inc
    % port
    0.1%

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.