13F Notebook
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Fund detail

Fundsmith (Terry Smith)

growth, quality, concentrated, active

Quarters 53
2018-03-31 $12.13B
Positions 17
Showing 19 of 19 rows

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 $1.16B 9.52% 15,224,967 +763,390 +5.28% 9.13% 2015-09-30 $76 ~$39 +92.74%
2 MICROSOFT CORP MSFT $1.10B 9.09% 12,075,307 +984,147 +8.87% 8.13% 2013-03-31 $91 ~$45 +101.10%
3 STRYKER CORP SYK $887.4M 7.32% 5,514,447 +376,207 +7.32% 6.82% 2013-03-31 $161 ~$94 +71.80%
4 PHILIP MORRIS INTL INC PM $885.5M 7.30% 8,908,787 +1,401,190 +18.66% 6.80% 2013-03-31 $99 ~$97 +2.68%
5 WATERS CORP WAT $867.8M 7.15% 4,368,590 +3,277 +0.08% 7.23% 2013-03-31 $199 ~$142 +39.82%
6 IDEXX LABORATORIES IDXX $847.4M 6.99% 4,427,657 +22,901 +0.52% 5.90% 2015-03-31 $191 ~$112 +70.78%
7 FACEBOOK META $821.8M 6.77% 5,142,881 +5,142,881 2018-03-31 $160 ~$160 +0.00%
8 BECTON DICKINSON & CO BDX $781.4M 6.44% 3,605,906 +1,303,991 +56.65% 4.22% 2013-06-30 $217 ~$157 +38.38%
9 PEPSICO INC PEP $718.6M 5.92% 6,583,613 +780,013 +13.44% 5.97% 2013-03-31 $109 ~$99 +10.58%
10 INTUIT INTU $687.8M 5.67% 3,967,675 +1,210,005 +43.88% 3.73% 2017-06-30 $173 ~$146 +18.36%
11 VISA INC V $684.3M 5.64% 5,720,718 -11,940 -0.21% 5.60% 2013-03-31 $120 ~$69 +74.15%
12 AUTOMATIC DATA PROCESSING IN ADP $655.7M 5.41% 5,777,983 +254,791 +4.61% 5.55% 2013-06-30 $113 ~$86 +31.98%
13 LAUDER ESTEE COS INC EL $645.2M 5.32% 4,309,460 +464,559 +12.08% 4.19% 2016-09-30 $150 ~$94 +60.05%
14 3M CO MMM $593.2M 4.89% 2,702,412 +12,792 +0.48% 5.43% 2013-03-31 $220 ~$157 +39.69%
15 JOHNSON & JOHNSON JNJ $554.5M 4.57% 4,327,311 -4,545 -0.10% 5.19% 2013-03-31 $128 ~$102 +25.77%
16 COLGATE PALMOLIVE CO CL $224.2M 1.85% 3,127,734 +632,473 +25.35% 1.61% 2013-03-31 $72 ~$69 +3.85%
17 MARRIOTT INTL INC NEW MAR $18.6M 0.15% 136,742 -2,953 -2.11% 0.16% 2015-03-31 $136 ~$72 +89.07%
18 BARD C R INC $0 0 -2,483,956 -100.00% 7.05%
19 DR PEPPER SNAPPLE GROUP INC $0 0 -8,742,447 -100.00% 7.27%