Hedge fund
Terry Smith
Fundsmith LLP
Holdings as of Q1 2026
Quarter
Q1-2026
Market value
$12.8B
Positions
34
Concentration
Balanced
Top holding
9%MAR
Top 5
38%of book
Top 10
69%of book
Top 5
6 – 10
Tail
Top 5
6 – 10
Tail
| Holding | Weightshares held per quarter · hover for change | Q/Q change | Value | |
|---|---|---|---|---|
| 1 | MARRIOTT INTERNATIONAL CL AMAR | 8.59% | ↘Reduced 15.30% | 3.4M shares · $327.07 $1.1B |
| 2 | STRYKER CorpSYK | 7.84% | ↘Reduced 16.98% | 3.1M shares · $328.59 $1.0B |
| 3 | WATERS CORPWAT | 7.46% | ↘Reduced 9.72% | 3.2M shares · $297.80 $956.6M |
| 4 | VISAV | 7.31% | ↘Reduced 12.18% | 3.1M shares · $302.24 $938.2M |
| 5 | ALPHABETGOOGL | 6.63% | ↘Reduced 15.50% | 3.0M shares · $287.56 $850.1M |
| 6 | PHILIP MORRIS INTLPM | 6.59% | ↘Reduced 16.51% | 5.1M shares · $165.34 $845.4M |
| 7 | IDEXX LABSIDXX | 6.42% | ↘Reduced 21.87% | 1.5M shares · $561.89 $823.6M |
| 8 | AUTOMATIC DATA PROCESSING INADP | 6.11% | ↘Reduced 7.73% | 3.9M shares · $203.18 $783.3M |
| 9 | MICROSOFT CORPMSFT | 6.00% | ↘Reduced 0.01% | 2.1M shares · $370.17 $769.9M |
| 10 | META PLATFORMSMETA | 5.89% | ↘Reduced 3.09% | 1.3M shares · $572.13 $756.0M |
| 11 | METTLER TOLEDO ORDMTD | 5.59% | ↘Reduced 2.07% | 568.5K shares · $1261.20 $717.0M |
| 12 | CHURCH AND DWIGHT ORDCHD | 4.83% | ↘Reduced 1.29% | 6.6M shares · $93.32 $619.8M |
| 13 | PROCTER AND GAMBLEPG | 4.73% | ↘Reduced 1.13% | 4.2M shares · $144.44 $606.6M |
| 14 | TEXAS INSTRSTXN | 3.97% | ↘Reduced 0.02% | 2.6M shares · $194.14 $509.3M |
| 15 | FORTINET ORDFTNT | 3.92% | ↘Reduced 5.51% | 6.2M shares · $81.72 $503.1M |
| 16 | ZOETISZTS | 3.57% | ↘Reduced 0.60% | 3.9M shares · $118.21 $458.4M |
| 17 | OTIS WORLDWIDE CORPOTIS | 1.64% | ↘Reduced 12.23% | 2.7M shares · $77.08 $210.6M |
| 18 | MSCIMSCI | 0.27% | ↘Reduced 61.12% | 64.8K shares · $539.01 $34.9M |
| 19 | ROLLINS ORDROL | 0.26% | ↘Reduced 58.07% | 619.9K shares · $53.41 $33.1M |
| 20 | MEDPACE HLDGSMEDP | 0.23% | ↘Reduced 24.10% | 62.7K shares · $480.19 $30.1M |
| 21 | VERISIGNVRSN | 0.22% | ↘Reduced 58.07% | 113.5K shares · $248.36 $28.2M |
| 22 | PAYCOM SOFTWAREPAYC | 0.21% | ↘Reduced 58.07% | 219.5K shares · $121.54 $26.7M |
| 23 | CLOROXCLX | 0.21% | ↘Reduced 58.07% | 257.2K shares · $103.63 $26.7M |
| 24 | VERTIVVRT | 0.18% | ↘Reduced 77.79% | 91.3K shares · $250.58 $22.9M |
| 25 | NUTANIXNTNX | 0.17% | ↘Reduced 58.07% | 577.4K shares · $38.01 $21.9M |
| 26 | BADGER METERBMI | 0.17% | ↗Buy | 142.5K shares · $152.35 $21.7M |
| 27 | CATALYST PHARMACEUTICALSCPRX | 0.16% | ↘Reduced 74.88% | 844.9K shares · $24.76 $20.9M |
| 28 | QUALYSQLYS | 0.15% | ↘Reduced 65.10% | 226.1K shares · $87.85 $19.9M |
| 29 | DOXIMITYDOCS | 0.13% | ↘Reduced 58.07% | 691.8K shares · $23.30 $16.1M |
| 30 | MANHATTAN ASSOCIATESMANH | 0.13% | ↘Reduced 58.07% | 120.9K shares · $133.12 $16.1M |
| 31 | NAPCO SEC TECHNOLOGIESNSSC | 0.12% | ↘Reduced 78.45% | 383.6K shares · $39.39 $15.1M |
| 32 | ADMA BIOLOGICSADMA | 0.12% | ↘Reduced 21.53% | 1.6M shares · $9.01 $14.9M |
| 33 | SABRE CORPSABR | 0.10% | ↘Reduced 58.07% | 9.0M shares · $1.45 $13.1M |
| 34 | HOME DEPOTHD | 0.07% | ↘Reduced 64.33% | 28.6K shares · $328.89 $9.4M |
| 34 positions | 100.00% | $12.8B |