Superinvestors / Fundsmith

Terry Smith

Fundsmith

Quality growth; buy good companies, don't overpay

$12.83B Portfolio value
34 positions · as of 2026-03-31 · filed 2026-05-15

This quarter

1 new4 exited0 added33 trimmed

Positions held steady are not reported as moves, so they are absent from these counts.

New: BMI

Exited: INTU, NKE, ODD, GGG

Trimmed: IDXX, SYK, MAR, PM, GOOGL, V, WAT, VRT

Portfolio

By weight · every resolvable issuer links to its company page · tags are this quarter's reported move

TickerIssuer% of portfolioReported priceValueShares
MARMARRIOTT INTL INC NEW· CL ADECREASED -15.3%8.59%$327.07$1.10B3.4M
SYKSTRYKER CORPORATIONDECREASED -17.0%7.84%$328.59$1.01B3.1M
WATWATERS CORPDECREASED -9.7%7.46%$297.80$956.56M3.2M
VVISA INC COM CL ADECREASED -12.2%7.31%$302.24$938.18M3.1M
GOOGLALPHABET INC CAP STK CL ADECREASED -15.5%6.63%$287.56$850.08M3.0M
PMPHILIP MORRIS INTL INC COMDECREASED -16.5%6.59%$165.34$845.41M5.1M
IDXXIDEXX LABS INCDECREASED -21.9%6.42%$561.89$823.61M1.5M
ADPAUTOMATIC DATA PROCESSING INDECREASED -7.7%6.11%$203.18$783.28M3.9M
MSFTMICROSOFT CORP COMDECREASED6.00%$370.17$769.86M2.1M
METAMETA PLATFORMS INC CL ADECREASED -3.1%5.89%$572.13$756.00M1.3M
Showing 10 of 34

Reported price is this manager's own reported value divided by its own reported shares at 2026-03-31 — not a live quote, and not what they paid. 13F reports no cost basis.

The top 10 positions are 68.8% of the reported portfolio, across 34 positions.

Values are as disclosed on this manager’s own 13F for its own quarter. 13F covers US-listed long equity only, so this is not the manager’s entire portfolio.

See more of Terry Smith's portfolio

More of Terry Smith's reported positions with their weights, and what they bought, sold and trimmed last quarter rather than the largest few — free with an account, no card required.

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