Livermore

Fundsmith LLP

Superinvestor

Fundsmith

SEC CIK
0001569205
Manager
Terry Smith
Style
Quality

Holdings, Q2 2025

Positions as of Jun 30, 2025, filed Aug 14, 2025.SEC

Positions
39
+1 vs. Q1 2025
Total value
$23.02B
+$1.04B (+4.7%) vs. Q1 2025

Compare with Q1 2025: new, added, reduced and sold out

Positions

Long positions only. Changes compare share counts with Q1 2025.

Fundsmith LLP holdings in Q2 2025
SecurityClassSharesValue% of portfolioChange in sharesActionHistory
METAMETA PLATFORMS INC CL AStock3,568,752$2.63B11.44%−315,044−8.1%ReducedView
MSFTMICROSOFT CORP COMStock4,941,509$2.46B10.68%−428,653−8.0%ReducedView
SYKSTRYKER CORPORATION COMStock4,677,007$1.85B8.04%−392,180−7.7%ReducedView
PMPHILIP MORRIS INTL INC COMStock9,074,195$1.65B7.18%−1,731,697−16.0%ReducedView
IDXXIDEXX LABS INCCOM2,639,289$1.42B6.15%−9,042−0.3%ReducedView
VVISA INC COM CL AStock3,854,071$1.37B5.95%−282,953−6.8%ReducedView
ADPAUTOMATIC DATA PROCESSING INC COMStock4,362,099$1.35B5.84%−151,800−3.4%ReducedView
WATWATERS CORPCOM3,608,407$1.26B5.47%−4,790−0.1%ReducedView
GOOGLALPHABET INC CAP STK CL AStock6,803,454$1.2B5.21%−39,759−0.6%ReducedView
MARMARRIOTT INTL INC NEW CL AStock4,236,599$1.16B5.03%−14,961−0.4%ReducedView
FTNTFORTINET INC COMStock8,418,362$889.99M3.87%−104,678−1.2%ReducedView
PGPROCTER & GAMBLE CO COMStock4,572,280$728.46M3.16%−48,126−1.0%ReducedView
MTDMETTLER TOLEDO INTERNATIONALCOM590,037$693.13M3.01%−801−0.1%ReducedView
CHDCHURCH & DWIGHT CO INCCOM6,824,289$655.88M2.85%−23,197−0.3%ReducedView
OTISOTIS WORLDWIDE CORP COMStock5,819,151$576.21M2.50%−47,586−0.8%ReducedView
TXNTEXAS INSTRS INC COMStock2,720,290$564.79M2.45%−5,522−0.2%ReducedView
ZTSZOETIS INC CL AStock2,884,831$449.89M1.95%+338,344+13.3%AddedView
NKENIKE INC CL BStock6,129,483$435.44M1.89%−6,146−0.1%ReducedView
INTUINTUIT COMStock368,540$290.27M1.26%+186,912+102.9%AddedView
ODDODDITY TECH LTDSHS CL A1,416,956$106.94M0.46%−198,202−12.3%ReducedView
QLYSQUALYS INCCOM718,602$102.67M0.45%00.0%UnchangedView
MSCIMSCI INC COMStock166,619$96.1M0.42%00.0%UnchangedView
PAYCPAYCOM SOFTWARE INC COMStock413,510$95.69M0.42%00.0%UnchangedView
CHHCHOICE HOTELS INTL INCCOM733,892$93.12M0.40%00.0%UnchangedView
VRTVERTIV HOLDINGS COCOM CL A724,923$93.09M0.40%+724,923NewView
ROLROLLINS INCCOM1,478,629$83.42M0.36%−118,884−7.4%ReducedView
DOCSDOXIMITY INCCL A1,355,944$83.17M0.36%+166,062+14.0%AddedView
VRSNVERISIGN INCCOM270,634$78.16M0.34%−299,401−52.5%ReducedView
GGGGRACO INCCOM900,545$77.42M0.34%−239,096−21.0%ReducedView
CLXCLOROX CO DEL COMStock613,497$73.66M0.32%00.0%UnchangedView
SABRSABRE CORPCOM21,499,095$67.94M0.30%00.0%UnchangedView
CATALYST PHARMACEUTICALS INC14888U101COM2,709,086$58.79M0.26%+557,812+25.9%Added–
MANHMANHATTAN ASSOCIATES INC COMStock288,332$56.94M0.25%+288,332NewView
EXPOEXPONENT INCCOM746,820$55.79M0.24%−89,657−10.7%ReducedView
VRSKVERISK ANALYTICS INCCOM176,195$54.88M0.24%−154,429−46.7%ReducedView
MEDPMEDPACE HLDGS INCCOM127,537$40.03M0.17%00.0%UnchangedView
HDHOME DEPOT INC COMStock83,367$30.57M0.13%−31,369−27.3%ReducedView
NSSCNAPCO SEC TECHNOLOGIES INC COMStock954,912$28.35M0.12%+954,912NewView
MAMASTERCARD INCORPORATED CL AStock27,663$15.54M0.07%−21,791−44.1%ReducedView

Sold out since Q1 2025 (2)

Positions held at the end of Q1 2025 that are no longer in this filing.

Fundsmith LLP positions sold out since Q1 2025
SecurityClassShares, Q1 2025Value, Q1 2025% of portfolio, Q1 2025
BF.BBROWN FORMAN CORP CL BStock9,637,881$327.11M1.49%
EFXEQUIFAX INCCOM235,505$57.36M0.26%

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