Fund detail
Fundsmith (Terry Smith)
growth, quality, concentrated, active
Quarters
53
2017-06-30
$9.54B
Positions
19
2026-03-31
2025-12-31
2025-09-30
2025-06-30
2025-03-31
2024-12-31
2024-09-30
2024-06-30
2024-03-31
2023-12-31
2023-09-30
2023-06-30
2023-03-31
2022-12-31
2022-09-30
2022-06-30
2022-03-31
2021-12-31
2021-09-30
2021-06-30
2021-03-31
2020-12-31
2020-09-30
2020-06-30
2020-03-31
2019-12-31
2019-09-30
2019-06-30
2019-03-31
2018-12-31
2018-09-30
2018-06-30
2018-03-31
2017-12-31
2017-09-30
2017-06-30
2017-03-31
2016-12-31
2016-09-30
2016-06-30
2016-03-31
2015-12-31
2015-09-30
2015-06-30
2015-03-31
2014-12-31
2014-09-30
2014-06-30
2014-03-31
2013-12-31
2013-09-30
2013-06-30
2013-03-31
Price is the latest implied close from the selected quarter's 13F (value ÷ shares). Est. Cost is a running average that assumes each quarter's trades cleared near the midpoint of consecutive 13F closes (or yfinance VWAP when available). Most accurate for slow accumulators, least accurate for activists who build positions in a few days.
| # | Issuer | Value ↓ | Weight | Shares | Share Δ | Share Δ % | Prev Weight | First Held | Price | Est. Cost | Unrealized % | Status |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | PAYPAL HLDGS INC PYPL | $754.1M | 7.91% | 14,051,261 | +889,976 | +6.76% | 6.58% | 2015-09-30 | $54 | ~$37 | +46.11% | |
| 2 | MICROSOFT CORP MSFT | $739.0M | 7.75% | 10,720,725 | +518,608 | +5.08% | 7.81% | 2013-03-31 | $69 | ~$41 | +70.09% | |
| 3 | STRYKER CORP SYK | $718.3M | 7.53% | 5,176,005 | +552 | +0.01% | 7.92% | 2013-03-31 | $139 | ~$89 | +55.99% | |
| 4 | WATERS CORP WAT | $704.8M | 7.39% | 3,833,955 | +401,420 | +11.69% | 6.23% | 2013-03-31 | $184 | ~$137 | +34.60% | |
| 5 | PHILIP MORRIS INTL INC PM | $615.5M | 6.45% | 5,240,912 | +79,106 | +1.53% | 6.77% | 2013-03-31 | $117 | ~$89 | +32.00% | |
| 6 | AUTOMATIC DATA PROCESSING IN ADP | $530.4M | 5.56% | 5,176,340 | +1,164,972 | +29.04% | 4.77% | 2013-06-30 | $102 | ~$83 | +23.31% | |
| 7 | VISA INC V | $489.3M | 5.13% | 5,217,623 | +262,930 | +5.31% | 5.12% | 2013-03-31 | $94 | ~$65 | +45.02% | |
| 8 | BECTON DICKINSON & CO BDX | $449.3M | 4.71% | 2,302,590 | +5,977 | +0.26% | 4.89% | 2013-06-30 | $195 | ~$123 | +58.24% | |
| 9 | 3M CO MMM | $448.4M | 4.70% | 2,154,065 | +199,716 | +10.22% | 4.34% | 2013-03-31 | $208 | ~$143 | +45.17% | |
| 10 | LAUDER ESTEE COS INC EL | $369.1M | 3.87% | 3,845,509 | +118,489 | +3.18% | 3.67% | 2016-09-30 | $96 | ~$88 | +8.93% | |
| 11 | MARRIOTT INTL INC NEW MAR | $18.5M | 0.19% | 184,750 | +60 | +0.03% | 0.20% | 2015-03-31 | $100 | ~$72 | +39.43% |