Fundsmith LLP
Form 13F · CIK 1569205. Holdings on 30 Jun 2026, as filed with the SEC on 14 Aug 2026, each set beside the March 2026 quarter. The 13F on the SEC's site.
Fundsmith LLP reported 41 positions worth $13.6B for the June 2026 quarter, on a Form 13F filed 14 Aug 2026; the largest holding was Marriott International Inc., at 7.0% of the fund.
What it bought and sold
The largest moves since the March 2026 quarter, by the dollars that moved: 13 opened, 4 added, 21 trimmed, 6 sold out.
New position: 13
| Company | Value | Change in shares |
|---|---|---|
| Uber Technologies, Inc. (UBER) | $645.3M | +8,943,151 |
| Mastercard Inc. (MA) | $639.5M | +1,245,051 |
| Taiwan Semiconductor Manufacturing Company Limited (TSM) | $548.5M | +1,148,449 |
| Netflix Inc. (NFLX) | $499.1M | +6,990,345 |
| GE Vernova Inc. (GEV) | $481.5M | +409,835 |
| AppLovin Corp. (APP) | $358.9M | +696,568 |
| TJX Companies Inc. (TJX) | $344.3M | +2,272,592 |
| Nextpower Inc. (NXT) | $340.3M | +2,856,092 |
| Veeva Systems Inc. (VEEV) | $145.0M | +816,785 |
| Yum! Brands, Inc. (YUM) | $88.9M | +556,107 |
Added: 4
| Company | Value | Change in shares |
|---|---|---|
| Manhattan Associates Inc. (MANH) | $24.1M | +52,089 |
| Napco Security Technologies, Inc. (NSSC) | $23.1M | +223,378 |
| Badger Meter Inc. (BMI) | $25.9M | +32,136 |
| Clorox Co. (CLX) | $25.9M | +14,101 |
Trimmed: 21
| Company | Value | Change in shares |
|---|---|---|
| Philip Morris International Inc. (PM) | $527.1M | -2,199,470 |
| IDEXX Laboratories Inc. (IDXX) | $536.9M | -445,899 |
| Visa Inc. (V) | $693.0M | -1,084,280 |
| Alphabet Inc. (GOOGL) | $633.7M | -1,182,844 |
| Automatic Data Processing Inc. (ADP) | $582.6M | -1,253,538 |
| Microsoft Corp. (MSFT) | $595.6M | -483,000 |
| Meta Platforms, Inc. (META) | $592.5M | -269,499 |
| Marriott International Inc. (MAR) | $958.3M | -785,115 |
| Waters Corp. (WAT) | $852.7M | -938,443 |
| Stryker Corp. (SYK) | $917.4M | -147,583 |
Sold out: 6
| Company | Value a quarter before | Change in shares |
|---|---|---|
| Mettler Toledo International Inc. (MTD) | $717.0M | -568,516 |
| Zoetis Inc. (ZTS) | $458.4M | -3,877,559 |
| Otis Worldwide Corp. (OTIS) | $210.6M | -2,731,635 |
| Catalyst Pharmaceuticals Inc. (CPRX) | $20.9M | -844,887 |
| Qualys, Inc. (QLYS) | $19.9M | -226,077 |
| Home Depot, Inc. (HD) | $9.4M | -28,611 |
Largest holdings
Every holding, by value.
| Company | Value | Of the fund | Shares | Change in shares | Move |
|---|---|---|---|---|---|
| Marriott International Inc. (MAR) | $958.3M | 7.02% | 2,585,757 | -785,115 | Trimmed |
| Stryker Corp. (SYK) | $917.4M | 6.72% | 2,913,833 | -147,583 | Trimmed |
| Waters Corp. (WAT) | $852.7M | 6.25% | 2,273,632 | -938,443 | Trimmed |
| Visa Inc. (V) | $693.0M | 5.08% | 2,019,810 | -1,084,280 | Trimmed |
| Uber Technologies, Inc. (UBER) | $645.3M | 4.73% | 8,943,151 | +8,943,151 | New position |
| Mastercard Inc. (MA) | $639.5M | 4.68% | 1,245,051 | +1,245,051 | New position |
| Alphabet Inc. (GOOGL) | $633.7M | 4.64% | 1,773,354 | -1,182,844 | Trimmed |
| Church & Dwight Co. Inc. (CHD) | $625.5M | 4.58% | 6,456,634 | -184,874 | Trimmed |
| Procter & Gamble Co. (PG) | $598.1M | 4.38% | 4,078,371 | -121,543 | Trimmed |
| Microsoft Corp. (MSFT) | $595.6M | 4.36% | 1,596,737 | -483,000 | Trimmed |
| Meta Platforms, Inc. (META) | $592.5M | 4.34% | 1,051,876 | -269,499 | Trimmed |
| Automatic Data Processing Inc. (ADP) | $582.6M | 4.27% | 2,601,567 | -1,253,538 | Trimmed |
| Fortinet, Inc. (FTNT) | $557.6M | 4.09% | 3,629,938 | -2,526,737 | Trimmed |
| Taiwan Semiconductor Manufacturing Company Limited (TSM) | $548.5M | 4.02% | 1,148,449 | +1,148,449 | New position |
| IDEXX Laboratories Inc. (IDXX) | $536.9M | 3.93% | 1,019,887 | -445,899 | Trimmed |
| Texas Instruments Inc. (TXN) | $536.3M | 3.93% | 1,799,182 | -823,942 | Trimmed |
| Philip Morris International Inc. (PM) | $527.1M | 3.86% | 2,913,693 | -2,199,470 | Trimmed |
| Netflix Inc. (NFLX) | $499.1M | 3.66% | 6,990,345 | +6,990,345 | New position |
| GE Vernova Inc. (GEV) | $481.5M | 3.53% | 409,835 | +409,835 | New position |
| AppLovin Corp. (APP) | $358.9M | 2.63% | 696,568 | +696,568 | New position |
| TJX Companies Inc. (TJX) | $344.3M | 2.52% | 2,272,592 | +2,272,592 | New position |
| Nextpower Inc. (NXT) | $340.3M | 2.49% | 2,856,092 | +2,856,092 | New position |
| Veeva Systems Inc. (VEEV) | $145.0M | 1.06% | 816,785 | +816,785 | New position |
| Yum! Brands, Inc. (YUM) | $88.9M | 0.65% | 556,107 | +556,107 | New position |
| MSCI Inc. (MSCI) | $30.0M | 0.22% | 53,580 | -11,208 | Trimmed |
| Medpace Holdings, Inc. (MEDP) | $27.7M | 0.20% | 52,372 | -10,296 | Trimmed |
| Nutanix, Inc. (NTNX) | $27.4M | 0.20% | 538,281 | -39,111 | Trimmed |
| Badger Meter Inc. (BMI) | $25.9M | 0.19% | 174,627 | +32,136 | Added |
| Clorox Co. (CLX) | $25.9M | 0.19% | 271,318 | +14,101 | Added |
| Rollins Inc. (ROL) | $25.9M | 0.19% | 619,935 | 0 | Held |
| Manhattan Associates Inc. (MANH) | $24.1M | 0.18% | 172,977 | +52,089 | Added |
| Napco Security Technologies, Inc. (NSSC) | $23.1M | 0.17% | 606,974 | +223,378 | Added |
| Fair Isaac Corp. (FICO) | $21.4M | 0.16% | 17,953 | +17,953 | New position |
| Sabre Corp. (SABR) | $18.8M | 0.14% | 9,013,783 | 0 | Held |
| InterDigital, Inc. (IDCC) | $17.1M | 0.13% | 60,324 | +60,324 | New position |
| O'Reilly Automotive, Inc. (ORLY) | $15.0M | 0.11% | 162,691 | +162,691 | New position |
| Vertiv Holdings Co. (VRT) | $14.0M | 0.10% | 41,893 | -49,361 | Trimmed |
| Verisign Inc. (VRSN) | $14.0M | 0.10% | 55,713 | -57,754 | Trimmed |
| Adma Biologics, Inc. (ADMA) | $13.8M | 0.10% | 1,649,493 | 0 | Held |
| Doximity, Inc. (DOCS) | $13.5M | 0.10% | 653,324 | -38,462 | Trimmed |
| Paycom Software, Inc. (PAYC) | $12.7M | 0.09% | 100,763 | -118,694 | Trimmed |
Every quarter it filed
What the fund reported and how many positions it held, each quarter since September 2024.
| Quarter | Reported value | Positions |
|---|---|---|
| June 2026 quarter | $13.6B | 41 |
| March 2026 quarter | $12.8B | 34 |
| December 2025 quarter | $17.1B | 37 |
| September 2025 quarter | $19.8B | 35 |
| June 2025 quarter | $23.0B | 39 |
| March 2025 quarter | $22.0B | 38 |
| December 2024 quarter | $23.5B | 38 |
| September 2024 quarter | $25.3B | 40 |