FL

Fundsmith LLP

ContrarianQuality / disciplined sizingDiversified strategy

Total reported value

$12.8B

Reporting period: 2026-03-31 · Number of holdings: 34

Fundsmith LLP disclosed 34 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $12.8B and a quarterly turnover rate of 30.4%.

Personality snowflake

Concentration
24.21
Portfolio Stability
30.4
Momentum/Contrarian
0
Sector conviction
60.32
Diversification
68
Sizing Uniformity
89.56

Recent moves

  • Add CHD

    -1.3%　$55.6M

  • Add MAR

    -15.3%　-$132.2M

  • Add TXN

    -0.0%　$54.1M

  • Add PG

    -1.1%　-$2.2M

  • Trim IDXX

    -21.9%　-$445.6M

  • Add FTNT

    -5.5%　-$14.3M

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

#TickerIssuerAsset SubclassWeightWeight ChangeShares Change4Q Trend
1MARMarriott International -cl AStock-Consumer Disc8.59%+1.38%-15.30%
2SYKStryker CORPStock-Healthcare7.84%+0.27%-16.98%
3WATWaters CORPStock-Healthcare7.46%-0.44%-9.72%
4VVisa Inc-class A SharesStock-Financials7.31%+0.07%-12.18%
5GOOGLAlphabet Inc-cl AStock-Comm Services6.63%+0.23%-15.50%
6PMPhilip Morris InternationalStock-Consumer Staples6.59%+0.85%-16.51%
7IDXXIdexx Laboratories INCStock-Healthcare6.42%-1.00%-21.87%
8ADPAutomatic Data ProcessingStock-Tech6.11%-0.17%-7.73%
9MSFTMicrosoft CORPStock-Tech6.00%+0.12%-0.01%
10METAMeta Platforms Inc-class AStock-Comm Services5.89%+0.63%-3.09%
11MTDMettler-toledo InternationalStock-Healthcare5.59%+0.86%-2.07%
12CHDChurch & Dwight Co INCStock-Consumer Staples4.83%+1.53%-1.29%
13PGProcter & Gamble Co/theStock-Consumer Staples4.73%+1.17%-1.13%
14TXNTexas Instruments INCStock-Tech3.97%+1.31%-0.02%
15FTNTFortinet INCStock-Tech3.92%+0.90%-5.51%
16ZTSZoetis INCStock-Healthcare3.57%+0.70%-0.60%
17OTISOtis Worldwide CORPStock-Industrials1.64%+0.05%-12.23%
18MSCIMsci INCStock-Financials0.27%-0.29%-61.12%
19ROLRollins INCStock-Consumer Disc0.26%-0.26%-58.07%
20MEDPMedpace Holdings INCStock-Healthcare0.23%-0.04%-24.10%
21VRSNVerisign INCStock-Tech0.22%-0.16%-58.07%
22PAYCPaycom Software INCStock-Tech0.21%-0.28%-58.07%
23CLXClorox CompanyStock-Consumer Staples0.21%-0.15%-58.07%
24VRTVertiv Holdings Co-aStock-Industrials0.18%-0.21%-77.79%
25NTNXNutanix INC - AStock-Tech0.17%-0.25%-58.07%
26BMIBadger Meter INCStock-Tech0.17%+0.17%NEW
27CPRXCatalyst Pharmaceuticals INCStock-Healthcare0.16%-0.30%-74.88%
28QLYSQualys INCStock-Tech0.15%-0.35%-65.10%
29DOCSDoximity Inc-class AStock-Healthcare0.13%-0.30%-58.07%
30MANHManhattan Associates INCStock-Tech0.13%-0.16%-58.07%
31NSSCNapco Security TechnologiesStock-Other0.12%-0.31%-78.45%
32ADMAAdma Biologics INCStock-Healthcare0.12%-0.10%-21.53%
33SABRSabre CORPStock-Tech0.10%-0.07%-58.07%
34HDHome Depot INCStock-Consumer Disc0.07%-0.09%-64.33%

Holding changes this quarter

Fundsmith LLP's most significant position changes for 2026-03-31: Sold out: Intuit INC (INTU); Sold out: Nike INC -cl B (NKE); Sold out: Oddity Tech Ltd. (ODD); Sold out: Graco INC (GGG); New buy: Badger Meter INC (BMI).

Position changes disclosed by Fundsmith LLP for the quarter ending 2026-03-31, including ticker, issuer, weight change, shares change, and action
#TickerIssuerWeight ChangeShares ChangeAction
1CHDChurch & Dwight Co INC+1.5%-1.29%Trim
2MARMarriott International -cl A+1.4%-15.30%Trim
3TXNTexas Instruments INC+1.3%-0.02%Trim
4PGProcter & Gamble Co/the+1.2%-1.13%Trim
5FTNTFortinet INC+0.9%-5.51%Trim
6MTDMettler-toledo International+0.9%-2.07%Trim
7PMPhilip Morris International+0.9%-16.51%Trim
8ZTSZoetis INC+0.7%-0.60%Trim
9METAMeta Platforms Inc-class A+0.6%-3.09%Trim
10SYKStryker CORP+0.3%-16.98%Trim
11GOOGLAlphabet Inc-cl A+0.2%-15.50%Trim
12MSFTMicrosoft CORP+0.1%-0.01%Trim
13VVisa Inc-class A Shares+0.1%-12.18%Trim
14OTISOtis Worldwide CORP+0.1%-12.23%Trim
15MEDPMedpace Holdings INC0%-24.10%Trim
16SABRSabre CORP-0.1%-58.07%Trim
17HDHome Depot INC-0.1%-64.33%Trim
18ADMAAdma Biologics INC-0.1%-21.53%Trim
19CLXClorox Company-0.2%-58.07%Trim
20VRSNVerisign INC-0.2%-58.07%Trim
21MANHManhattan Associates INC-0.2%-58.07%Trim
22ADPAutomatic Data Processing-0.2%-7.73%Trim
23VRTVertiv Holdings Co-a-0.2%-77.79%Trim
24NTNXNutanix INC - A-0.3%-58.07%Trim
25ROLRollins INC-0.3%-58.07%Trim
26PAYCPaycom Software INC-0.3%-58.07%Trim
27MSCIMsci INC-0.3%-61.12%Trim
28CPRXCatalyst Pharmaceuticals INC-0.3%-74.88%Trim
29DOCSDoximity Inc-class A-0.3%-58.07%Trim
30NSSCNapco Security Technologies-0.3%-78.45%Trim
31QLYSQualys INC-0.4%-65.10%Trim
32WATWaters CORP-0.4%-9.72%Trim
33IDXXIdexx Laboratories INC-1%-21.87%Trim
34INTUIntuit INC—EXITSold out
35NKENike INC -cl B—EXITSold out
36ODDOddity Tech Ltd.—EXITSold out
37GGGGraco INC—EXITSold out
38BMIBadger Meter INC—NEWNew buy

FAQ

What is Fundsmith LLP and what type of investor is it?
Fundsmith LLP is a investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2026-03-31), the firm manages a tracked equity portfolio valued at approximately $12.8B, spread across 34 disclosed positions.
What are Fundsmith LLP's largest equity positions?
Based on the latest 13F filing, Fundsmith LLP's top holdings by market value are: 1. Marriott International -cl A (MAR) — $1.1B (8.6%) 2. Stryker CORP (SYK) — $1.0B (7.8%) 3. Waters CORP (WAT) — $956.6M (7.5%) 4. Visa Inc-class A Shares (V) — $938.2M (7.3%) 5. Alphabet Inc-cl A (GOOGL) — $850.1M (6.6%)
What changes did Fundsmith LLP make in its most recent portfolio filing?
In the latest reported quarter, Fundsmith LLP made 38 notable position adjustments: 1 new positions were initiated, 0 existing holdings were added to, 33 positions were partially reduced, and 4 were completely exited. The largest of these moves: Sold out: Intuit INC (INTU); Sold out: Nike INC -cl B (NKE); Sold out: Oddity Tech Ltd. (ODD); Sold out: Graco INC (GGG); New buy: Badger Meter INC (BMI)
What sectors does Fundsmith LLP focus on?
Fundsmith LLP is concentrated in the following sectors based on its current disclosed equity portfolio: • Health Care: 31.6% • Information Technology: 21.2% • Consumer Staples: 16.4% • Communication Services: 12.5% • Consumer Discretionary: 8.9% • Financials: 7.6%