13F Notebook
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Fund detail

Fundsmith (Terry Smith)

growth, quality, concentrated, active

Quarters 53
2024-09-30 $25.28B
Positions 40
Showing 15 of 15 rows (filtered from 40)

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 MICROSOFT CORP MSFT $2.97B 11.75% 6,900,275 -240,340 -3.37% 13.01% 2013-03-31 $430 ~$69 +527.71%
2 STRYKER CORP SYK $1.93B 7.63% 5,336,821 -19,443 -0.36% 7.43% 2013-03-31 $361 ~$131 +175.53%
3 AUTOMATIC DATA PROCESSING ADP $1.54B 6.10% 5,571,820 -13,941 -0.25% 5.43% 2013-06-30 $277 ~$107 +157.55%
4 VISA INC CLASS A SHARES V $1.53B 6.03% 5,546,831 -5,689 -0.10% 5.94% 2013-03-31 $275 ~$100 +174.75%
5 PHILIP MORRIS INTERNATIONAL PM $1.46B 5.77% 12,012,659 -2,461,786 -17.01% 5.98% 2013-03-31 $121 ~$88 +37.67%
6 WATERS CORP WAT $1.31B 5.19% 3,645,999 -8,451 -0.23% 4.32% 2013-03-31 $360 ~$166 +116.44%
7 PEPSICO INC PEP $976.1M 3.86% 5,739,988 -21,099 -0.37% 3.87% 2013-03-31 $170 ~$111 +53.32%
8 PROCTER & GAMBLE ORD PG $802.5M 3.17% 4,633,222 -13,996 -0.30% 3.12% 2013-03-31 $173 ~$149 +16.23%
9 FORTINET ORD FTNT $784.7M 3.10% 10,118,293 -167,371 -1.63% 2.53% 2020-09-30 $78 ~$55 +40.85%
10 CHURCH AND DWIGHT ORD CHD $720.8M 2.85% 6,882,775 -31,591 -0.46% 2.92% 2019-09-30 $105 ~$85 +23.51%
11 BROWN FORMAN CORP CLASS B BF/B $492.5M 1.95% 10,010,507 -1,128,244 -10.13% 1.96% 2019-09-30 $49 ~$66 -25.52%
12 MCCORMICK & CO NON VTG SHRS MKC $142.2M 0.56% 1,728,157 -8,320,340 -82.80% 2.90% 2018-12-31 $82 ~$75 +9.34%
13 VERISK ANALYTICS INC VRSK $111.9M 0.44% 417,685 -46,366 -9.99% 0.51% 2018-12-31 $268 ~$134 +99.60%
14 EQUIFAX INC EFX $106.8M 0.42% 363,328 -95,059 -20.74% 0.45% 2018-12-31 $294 ~$113 +160.88%
15 EXPONENT INC EXPO $96.4M 0.38% 836,477 -181,621 -17.84% 0.39% 2023-06-30 $115 ~$93 +23.53%