Terry Smith Holdings Activity

Fundsmith Portfolio 13F

Fundsmith has disclosed a total of 38 changes to the portfolio in the latest (2026 Q1) SEC report(s): bought 1 totally new, decreased the number of shares of 33 and completely sold out 4 position(s).

What stocks is Terry Smith buying now?

In the recent quarter Terry Smith has bought (BMI) BADGER METER INC (new buy).

What does Terry Smith invest in?

Terry Smith's top 5 holdings (by % of portfolio) are (MAR) MARRIOTT INTERNATIONAL -CL A (8.59%), (SYK) STRYKER CORP (7.84%), (WAT) WATERS CORP (7.46%), (V) VISA INC-CLASS A SHARES (7.31%) and (GOOGL) ALPHABET INC-CL A (6.63%).

In the latest report(s) the following changes have been made to the top investments: (MAR) MARRIOTT INTERNATIONAL -CL A (reduced shares -15.3%), (SYK) STRYKER CORP (reduced shares -16.98%), (WAT) WATERS CORP (reduced shares -9.72%), (V) VISA INC-CLASS A SHARES (reduced shares -12.18%) and (GOOGL) ALPHABET INC-CL A (reduced shares -15.5%).

2026 Q1 (38 results)
BMI
buy
+142,491
+0.17%
$152.35
16.95% $126.53
0.17%
MSFT
-0.01%
-234
-0.00%
$370.17
12.56% $416.67
6.00%
TXN
-0.02%
-428
-0.00%
$194.14
46.83% $285.06
3.97%
ZTS
-0.60%
-23,244
-0.02%
$118.21
32.80% $79.44
3.57%
PG
-1.13%
-48,134
-0.05%
$144.44
1.45% $146.54
4.73%
CHD
-1.29%
-86,896
-0.06%
$93.32
3.66% $96.74
4.83%
MTD
-2.07%
-11,991
-0.12%
$1,261.20
8.47% $1,154.33
5.59%
META
-3.09%
-42,164
-0.19%
$572.13
3.65% $593.00
5.89%
FTNT
-5.51%
-359,336
-0.23%
$81.72
77.04% $144.68
3.92%
ADP
-7.73%
-322,864
-0.51%
$203.18
14.16% $231.95
6.11%
WAT
-9.72%
-345,903
-0.80%
$297.80
22.69% $365.36
7.46%
V
-12.18%
-430,594
-1.01%
$302.24
7.06% $323.57
7.31%
OTIS
-12.23%
-380,745
-0.23%
$77.08
8.74% $70.34
1.64%
MAR
-15.30%
-609,055
-1.55%
$327.07
20.01% $392.51
8.59%
GOOGL
-15.50%
-542,321
-1.22%
$287.56
28.16% $368.53
6.63%
PM
-16.51%
-1,011,434
-1.30%
$165.34
7.83% $178.29
6.59%
SYK
-16.98%
-626,095
-1.60%
$328.59
6.98% $305.66
7.84%
ADMA
-21.53%
-452,561
-0.03%
$9.01
11.54% $7.97
0.12%
IDXX
-21.87%
-410,249
-1.80%
$561.89
0.05% $562.16
6.42%
MEDP
-24.10%
-19,899
-0.07%
$480.19
5.40% $454.25
0.23%
SABR
-58.07%
-12,485,312
-0.14%
$1.45
14.48% $1.66
0.10%
DOCS
-58.07%
-958,216
-0.17%
$23.30
11.63% $20.59
0.13%
MANH
-58.07%
-167,444
-0.17%
$133.12
10.91% $147.64
0.13%
PAYC
-58.07%
-303,976
-0.29%
$121.54
13.23% $137.62
0.21%
ROL
-58.07%
-858,694
-0.36%
$53.41
11.81% $47.10
0.26%
CLX
-58.07%
-356,280
-0.29%
$103.63
9.16% $94.14
0.21%
NTNX
-58.07%
-799,766
-0.24%
$38.01
41.12% $53.64
0.17%
VRSN
-58.07%
-157,167
-0.30%
$248.36
18.75% $294.92
0.22%
MSCI
-61.12%
-101,831
-0.43%
$539.01
14.18% $615.46
0.27%
HD
-64.33%
-51,595
-0.13%
$328.89
5.51% $310.78
0.07%
QLYS
-65.10%
-421,729
-0.29%
$87.85
25.10% $109.90
0.15%
CPRX
-74.88%
-2,518,920
-0.49%
$24.76
26.29% $31.27
0.16%
VRT
-77.79%
-319,690
-0.62%
$250.58
19.93% $300.51
0.18%
NSSC
-78.45%
-1,396,261
-0.43%
$39.39
11.25% $34.96
0.12%
INTU
-100.00%
-625,619
-3.23%
$662.42
55.20% $296.76
0.00%
NKE
-100.00%
-5,770,181
-2.87%
$63.71
32.54% $42.98
0.00%
ODD
-100.00%
-2,074,167
-0.65%
$40.18
75.58% $9.81
0.00%
GGG
-100.00%
-579,016
-0.37%
$81.97
9.31% $74.34
0.00%
38 of 1,363

Shares, change to shares, sold shares - split-adjusted.

Reported price - this doesn't represent the actual buy or sell price.
It is the split-adjusted price of the security as of the last day of the reported period.

Value or Price - If the security is completely sold out, we show the reported value (or price) prior to the actual period.