Fundsmith LLP

Superinvestor

Fundsmith

SEC CIK
0001569205
Manager
Terry Smith
Style
Quality

Holdings, Q2 2023

Positions as of Jun 30, 2023, filed Aug 14, 2023.SEC

Positions
39
−1 vs. Q1 2023
Total value
$23.83B
+$658.9M (+2.8%) vs. Q1 2023

Compare with Q1 2023: new, added, reduced and sold out

Positions

Long positions only. Changes compare share counts with Q1 2023.

Fundsmith LLP holdings in Q2 2023
SecurityClassSharesValue% of portfolioChange in sharesActionHistory
MSFTMICROSOFT CORP COMStock9,012,591$3.07B12.88%−18,510−0.2%ReducedView
SYKSTRYKER CORPORATION COMStock5,511,645$1.68B7.06%+13,332+0.2%AddedView
METAMETA PLATFORMS INC CL AStock5,653,137$1.62B6.81%−11,134−0.2%ReducedView
PMPHILIP MORRIS INTL INC COMStock15,784,916$1.54B6.47%−678,947−4.1%ReducedView
IDXXIDEXX LABS INCCOM2,961,551$1.49B6.24%+7,355+0.2%AddedView
VVISA INC COM CL AStock5,761,283$1.37B5.74%+147,863+2.6%AddedView
MKCMCCORMICK & CO INC COM NON VTGStock15,467,107$1.35B5.66%−31,481−0.2%ReducedView
PEPPEPSICO INC COMStock6,644,967$1.23B5.16%−13,570−0.2%ReducedView
ADPAUTOMATIC DATA PROCESSING INC COMStock5,526,368$1.21B5.10%−15,598−0.3%ReducedView
ELLAUDER ESTEE COS INCCL A5,418,525$1.06B4.46%−9,807−0.2%ReducedView
WATWATERS CORPCOM3,809,473$1.02B4.26%+111,104+3.0%AddedView
GOOGLALPHABET INC CAP STK CL AStock7,615,636$911.59M3.82%−12,562−0.2%ReducedView
BF.BBROWN FORMAN CORP CL BStock12,195,517$814.42M3.42%−34,531−0.3%ReducedView
MTDMETTLER TOLEDO INTERNATIONALCOM569,144$746.51M3.13%+7,730+1.4%AddedView
NKENIKE INC CL BStock6,710,646$740.65M3.11%−15,625−0.2%ReducedView
PGPROCTER & GAMBLE CO COMStock4,849,177$735.81M3.09%+3,132,695+182.5%AddedView
CHDCHURCH & DWIGHT CO INCCOM6,668,756$668.41M2.80%−1,781,171−21.1%ReducedView
OTISOTIS WORLDWIDE CORP COMStock6,455,411$574.6M2.41%+173,736+2.8%AddedView
AAPLAPPLE INC COMStock1,332,635$258.49M1.08%−9,344−0.7%ReducedView
FTNTFORTINET INC COMStock2,313,303$174.86M0.73%00.0%UnchangedView
VRSNVERISIGN INCCOM674,791$152.48M0.64%00.0%UnchangedView
MASIMO CORP574795100COM730,377$120.18M0.50%−33,942−4.4%Reduced–
VRSKVERISK ANALYTICS INCCOM530,087$119.82M0.50%00.0%UnchangedView
EFXEQUIFAX INCCOM495,301$116.54M0.49%00.0%UnchangedView
CGNXCOGNEX CORPCOM2,059,788$115.39M0.48%00.0%UnchangedView
GGGGRACO INCCOM1,229,228$106.14M0.45%+683,317+125.2%AddedView
EXPOEXPONENT INCCOM1,100,101$102.66M0.43%+1,100,101NewView
MSCIMSCI INC COMStock211,317$99.17M0.42%00.0%UnchangedView
QLYSQUALYS INCCOM658,407$85.05M0.36%00.0%UnchangedView
IEXIDEX CORPCOM391,124$84.19M0.35%+127,384+48.3%AddedView
IPGPIPG PHOTONICS CORPCOM560,198$76.09M0.32%−294,061−34.4%ReducedView
ROLROLLINS INCCOM1,726,161$73.93M0.31%00.0%UnchangedView
SABRSABRE CORPCOM22,707,687$72.44M0.30%00.0%UnchangedView
PAYCPAYCOM SOFTWARE INC COMStock161,007$51.72M0.22%00.0%UnchangedView
HDHOME DEPOT INC COMStock147,381$45.78M0.19%−6,282−4.1%ReducedView
JNJJOHNSON & JOHNSON COMStock273,864$45.33M0.19%−3,600−1.3%ReducedView
ZTSZOETIS INC CL AStock222,386$38.3M0.16%−2,923−1.3%ReducedView
MARMARRIOTT INTL INC NEW CL AStock188,129$34.56M0.14%+88,535+88.9%AddedView
MAMASTERCARD INCORPORATED CL AStock62,334$24.52M0.10%+20,670+49.6%AddedView

Sold out since Q1 2023 (2)

Positions held at the end of Q1 2023 that are no longer in this filing.

Fundsmith LLP positions sold out since Q1 2023
SecurityClassShares, Q1 2023Value, Q1 2023% of portfolio, Q1 2023
AMZNAMAZON COM INC COMStock6,777,831$700.08M3.02%
EWEDWARDS LIFESCIENCES CORP COMStock9,979$825.56K0.00%

13F filings by quarter

Fundsmith LLP 13F filings by quarter
QuarterFiledPositionsTotal valueChangesFiling
Q2 2026Aug 14, 202641$13.65Bvs. Q1 2026SEC
Q1 2026May 15, 202634$12.83Bvs. Q4 2025SEC
Q4 2025Feb 17, 202637$17.12Bvs. Q3 2025SEC
Q3 2025Nov 14, 202535$19.8Bvs. Q2 2025SEC
Q2 2025Aug 14, 202539$23.02Bvs. Q1 2025SEC
Q1 2025May 15, 202538$21.97Bvs. Q4 2024SEC
Q4 2024Feb 14, 202538$23.46Bvs. Q3 2024SEC
Q3 2024Nov 14, 202440$25.28Bvs. Q2 2024SEC
Q2 2024Aug 14, 202440$24.54Bvs. Q1 2024SEC
Q1 2024May 15, 202440$25.55Bvs. Q4 2023SEC
Q4 2023Feb 14, 202440$23.89Bvs. Q3 2023SEC
Q3 2023Nov 14, 202339$22.01Bvs. Q2 2023SEC
Q2 2023Aug 14, 202339$23.83Bvs. Q1 2023SEC
Q1 2023May 15, 202340$23.17Bvs. Q4 2022SEC
Q4 2022Feb 14, 202338$21.9Bvs. Q3 2022SEC
Q3 2022Nov 14, 202246$21.07Bvs. Q2 2022SEC
Q2 2022Aug 15, 202243$22.66Bvs. Q1 2022SEC
Q1 2022May 16, 202244$29.12Bvs. Q4 2021SEC
Q4 2021Feb 14, 202244$40.98Bvs. Q3 2021SEC
Q3 2021Nov 12, 202143$36.17Bvs. Q2 2021SEC
Q2 2021Aug 13, 202143$36.09Bvs. Q1 2021SEC
Q1 2021May 14, 202142$31.44B–SEC