Skip to main content

Fundsmith

Superinvestor

Fundsmith LLP

SEC CIK
0001569205
Manager
Terry Smith
Style
Quality
Latest filing
Aug 14, 2026

Holdings in Q1 2023

Holdings as of Mar 31, 2023, filed May 15, 2023. Long positions only; changes compare share counts with Q4 2022.

Institution overview
Positions
40
+2 vs. Q4 2022
Portfolio value
$23.2B
+$1.28B (+5.8%) vs. Q4 2022
Filed
May 15, 2023
SEC
Holdings of Fundsmith in Q1 2023
SecurityClassSharesValue% of portfolioShare changeActionHistory
MSFTMicrosoft CorpStock9,031,101$2.60B11.2%+1,0650.0%AddedHistory
PMPhilip Morris International Inc.Stock16,463,863$1.60B6.9%−12,225−0.1%ReducedHistory
SYKStryker CorpStock5,498,313$1.57B6.8%−108,728−1.9%ReducedHistory
IDXXIDEXX Laboratories IncCOM2,954,196$1.48B6.4%−489,536−14.2%ReducedHistory
ELEstee Lauder Companies IncCL A5,428,332$1.34B5.8%−251,288−4.4%ReducedHistory
MKCMcCormick & Co IncStock15,498,588$1.29B5.6%+3,3770.0%AddedHistory
VVisa Inc.Stock5,613,420$1.27B5.5%+1,2750.0%AddedHistory
ADPAutomatic Data Processing IncStock5,541,966$1.23B5.3%+1,2460.0%AddedHistory
PEPPepsiCo IncStock6,658,537$1.21B5.2%+1,4170.0%AddedHistory
METAMeta Platforms, Inc.Stock5,664,271$1.20B5.2%+187,406+3.4%AddedHistory
WATWaters CorpCOM3,698,369$1.15B4.9%+8,672+0.2%AddedHistory
MTDMettler Toledo International IncCOM561,414$859.1M3.7%+514+0.1%AddedHistory
NKENIKE, Inc.Stock6,726,271$824.9M3.6%00.0%UnchangedHistory
GOOGLAlphabet Inc.Stock7,628,198$791.3M3.4%+1,8850.0%AddedHistory
BF.BBrown Forman CorpStock12,230,048$786.0M3.4%+83,252+0.7%AddedHistory
CHDChurch & Dwight Co IncCOM8,449,927$747.1M3.2%+3,3550.0%AddedHistory
AMZNAmazon Com IncStock6,777,831$700.1M3.0%00.0%UnchangedHistory
OTISOtis Worldwide CorpStock6,281,675$530.2M2.3%+9980.0%AddedHistory
PGProcter & Gamble CoStock1,716,482$255.2M1.1%+1,401,185+444.4%AddedHistory
AAPLApple Inc.Stock1,341,979$221.3M1.0%+872,745+186.0%AddedHistory
FTNTFortinet, Inc.Stock2,313,303$153.7M0.7%00.0%UnchangedHistory
VRSNVerisign IncCOM674,791$142.6M0.6%00.0%UnchangedHistory
MASIMasimo CorpCOM764,319$141.0M0.6%00.0%UnchangedHistory
MSCIMSCI Inc.Stock211,317$118.3M0.5%00.0%UnchangedHistory
IPGPIpg Photonics CorpCOM854,259$105.3M0.5%00.0%UnchangedHistory
CGNXCognex CorpCOM2,059,788$102.1M0.4%00.0%UnchangedHistory
VRSKVerisk Analytics, Inc.COM530,087$101.7M0.4%00.0%UnchangedHistory
EFXEquifax IncCOM495,301$100.5M0.4%00.0%UnchangedHistory
SABRSabre CorpCOM22,707,687$97.4M0.4%00.0%UnchangedHistory
QLYSQualys, Inc.COM658,407$85.6M0.4%00.0%UnchangedHistory
ROLRollins IncCOM1,726,161$64.8M0.3%00.0%UnchangedHistory
IEXIdex CorpCOM263,740$60.9M0.3%00.0%UnchangedHistory
PAYCPaycom Software, Inc.Stock161,007$48.9M0.2%00.0%UnchangedHistory
HDHome Depot, Inc.Stock153,663$45.3M0.2%+897+0.6%AddedHistory
JNJJohnson & JohnsonStock277,464$43.0M0.2%+1,667+0.6%AddedHistory
GGGGraco IncCOM545,911$39.9M0.2%+545,911NewHistory
ZTSZoetis Inc.Stock225,309$37.5M0.2%+1,353+0.6%AddedHistory
MARMarriott International IncStock99,594$16.5M0.1%+99,594NewHistory
MAMastercard IncStock41,664$15.1M0.1%+41,664NewHistory
EWEdwards Lifesciences CorpStock9,979$825.6K<0.1%00.0%UnchangedHistory

Sold out since Q4 2022 (1)

Positions held at the end of Q4 2022 that are gone from this filing.

Positions of Fundsmith sold out since Q4 2022
SecurityClassShares in Q4 2022Value in Q4 2022% of portfolio in Q4 2022History
ADBEAdobe Inc.Stock2,109,326$709.9M3.2%History