Terry Smith's 2026Q1 portfolio

Terry Smith (Fundsmith) held 19 positions as of Mar 31, 2026, with the largest position at 8.9% of the portfolio. This is the latest 13F filing on record.

Showing positions still held at the most recent quarter so their historical weights can be reconstructed. Positions that were held in 2026Q1but 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 Mar 31, 2026 (19)

1MARMarriott International -cl A
% port
8.9%
+1.4pp vs prior Q
2SYKStryker Corp
% port
8.8%
+0.4pp vs prior Q
3WATWaters Corp
% port
7.4%
-0.5pp vs prior Q
4GOOGLAlphabet Inc-cl A
% port
7.4%
+0.2pp vs prior Q
5VVisa Inc-class A Shares
% port
7.0%
+0.1pp vs prior Q
6MTDMettler-toledo International
% port
6.4%
+0.3pp vs prior Q
7PMPhilip Morris International
% port
6.3%
+0.2pp vs prior Q
8IDXXIdexx Laboratories Inc
% port
6.1%
-0.7pp vs prior Q
9ADPAutomatic Data Processing
% port
6.1%
-0.2pp vs prior Q
10METAMeta Platforms Inc-class A
% port
6.1%
-0.2pp vs prior Q
11PGProcter & Gamble Co/the
% port
5.8%
+1.1pp vs prior Q
12MSFTMicrosoft Corp
% port
5.6%
-0.3pp vs prior Q
13CHDChurch & Dwight CO Inc
% port
5.5%
+1.5pp vs prior Q
14TXNTexas Instruments Inc
% port
3.8%
+1.1pp vs prior Q
15FTNTFortinet Inc
% port
3.1%
+0.4pp vs prior Q
16ZTSZoetis Inc
% port
3.0%
+0.2pp vs prior Q
17OTISOtis Worldwide Corp
% port
1.7%
-0.3pp vs prior Q
18BMIBadger Meter Inc
% port
0.5%
19WMWaste Management Inc
% port
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.