Fundsmith LLPFundsmith LLP

Institutional investor · Portfolio as of Q1 2026

SEC EDGAR SourceSEC Filings

Top Holdings34 positions

Activity:
Stock
Shares
Value
Weight
Avg Buy
Est. P&L
Held
Conviction

MARRIOTT INTL INC NEW

3.4M$1.1B8.6%$191.21+96.70%
13 qtrssince 2023-Q1
Decreased
0

STRYKER CORPORATION

3.1M$1B7.8%$163.05+102.26%
30 qtrssince 2018-Q4
Decreased
0

WATERS CORP

3.2M$956.6M7.5%$203.42+85.05%
30 qtrssince 2018-Q4
Decreased
0

VISA INC

3.1M$938.2M7.3%$140.48+148.41%
30 qtrssince 2018-Q4
Decreased
0

ALPHABET INC

3M$850.1M6.6%$99.13+260.31%
18 qtrssince 2021-Q4
Decreased
0

PHILIP MORRIS INTL INC

5.1M$845.4M6.6%$51.57+252.19%
30 qtrssince 2018-Q4
Decreased
0

IDEXX LABS INC

1.5M$823.6M6.4%$191.98+193.55%
30 qtrssince 2018-Q4
Decreased
0

AUTOMATIC DATA PROCESSING IN

3.9M$783.3M6.1%$121.81+98.60%
30 qtrssince 2018-Q4
Decreased
0

MICROSOFT CORP

2.1M$769.9M6.0%$113.00+240.79%
30 qtrssince 2018-Q4
Decreased
0

META PLATFORMS INC

1.3M$756M5.9%$149.21+348.50%
30 qtrssince 2018-Q4
Decreased
0

METTLER TOLEDO INTERNATIONAL

568,516$717M5.6%$1,334.63-2.88%
17 qtrssince 2022-Q1
Decreased
0

CHURCH & DWIGHT CO INC

6.6M$619.8M4.8%$82.39+16.96%
22 qtrssince 2020-Q4
Decreased
0

PROCTER & GAMBLE CO

4.2M$606.6M4.7%$137.47+6.96%
22 qtrssince 2020-Q4
Decreased
0

TEXAS INSTRS INC

2.6M$509.3M4.0%$172.08+81.00%
9 qtrssince 2024-Q1
Decreased
0

FORTINET INC

6.2M$503.1M3.9%$58.10+171.09%
23 qtrssince 2020-Q3
Decreased
0

ZOETIS INC

3.9M$458.4M3.6%$154.36-51.05%
22 qtrssince 2020-Q4
Decreased
0

OTIS WORLDWIDE CORP

2.7M$210.6M1.6%$61.56+18.73%
15 qtrssince 2022-Q3
Decreased
0

MSCI INC

64,788$34.9M0.3%$163.96+268.82%
30 qtrssince 2018-Q4
Decreased
0

ROLLINS INC

619,935$33.1M0.3%$32.02+38.87%
21 qtrssince 2021-Q1
Decreased
0

MEDPACE HLDGS INC

62,668$30.1M0.2%$333.34+61.47%
6 qtrssince 2024-Q4
Decreased
0
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$12.8B
AUM
34
Positions
Q1 2026
Filing
Rating · 4.0
Quarterly Portfolio Change
-7%Q4'24$23.5B-6%Q1'25$22B+5%Q2'25$23B-14%Q3'25$19.8B-14%Q4'25$17.1B-25%Q1'26$12.8B
Activity profile
$ moved · Q1'26
New0%Increased0%Decreased79%Exited20%
Composition
Equity vs derivatives
Equity100%Puts0%Calls0%
Holding period
Avg 4.7 years
<1Q3%1-4Q15%1-2Y9%2Y+74%

Fundsmith LLP manages $12.8B across 34 positions as of Q1 2026. Top holdings: MAR (8.6%), SYK (7.8%), WAT (7.5%). Fund DNA: Concentrated Value. HoldingsIntel Rating: 4/5.0.

Q1 2026 Summary

Added 1 new position, exited 4, trimmed 33. No standout high-conviction moves this quarter. Portfolio: $12.8B across 34 positions.

Top holdings by portfolio weight

Total AUM$13B
MAR8.59%
SYK7.84%
WAT7.46%
V7.31%
GOOGL6.63%
PM6.59%
IDXX6.42%
ADP6.11%
MSFT6.00%
META5.89%
Other5.59%

Portfolio allocation by GICS sector

Sectors7
Healthcare31.52%
Technology21.15%
Consumer Defensive16.36%
Communication Services12.52%
Consumer Cyclical8.93%
Financial Services7.59%
Industrials1.94%

Behavioral investing profile

7-dimension quality assessment
Strong(4.0 / 5.0)
Track Record69
Conviction47
Concentration100
Upgrade to see all dimensions

Position Outcomes

Best and worst performing positions by estimated return

Cost basis estimates based on full filing history using quarter-end prices. Actual transaction prices are not disclosed in 13F filings.

Accumulation Streaks

Positions with 2+ consecutive quarters of increases - persistent directional conviction.

No active accumulation streaks detected for this filer.

Streaks require 2+ consecutive quarters of increased positions in the most recent period.

Data sourced from SEC EDGAR 13F filings. Not financial advice. Full disclaimer

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