Fundsmith Equity 13F, Q2 2023
Terry Smith · quarter ending 30 June 2023 · filed 14 August 2023 · SEC CIK 1569205
$23.83B
Filed US book
39
Positions
12.9%
Largest position
Common stock only: shares the fund reported owning at the quarter end, valued as filed.
Largest positions, Q2 2023
The 25 largest of 39 positions. Weights are against the whole filed book.
| Company | Ticker | Value | % of book |
|---|---|---|---|
| MICROSOFT CORP | MSFT | $3.07B | 12.9% |
| STRYKER CORP | SYK | $1.68B | 7.1% |
| META PLATFORMS INC-CLASS A | META | $1.62B | 6.8% |
| PHILIP MORRIS INTERNATIONAL | PM | $1.54B | 6.5% |
| IDEXX LABORATORIES INC | IDXX | $1.49B | 6.2% |
| VISA INC CLASS A SHARES | V | $1.37B | 5.7% |
| MCCORMICK & CO NON VTG SHRS | MKC | $1.35B | 5.7% |
| PEPSICO INC | PEP | $1.23B | 5.2% |
| AUTOMATIC DATA PROCESSING | ADP | $1.21B | 5.1% |
| ESTEE LAUDER COMPANIES CL A | EL | $1.06B | 4.5% |
| WATERS CORP | WAT | $1.02B | 4.3% |
| ALPHABET CL A ORD | GOOGL | $911.59M | 3.8% |
| BROWN FORMAN CORP CLASS B | BF/B | $814.42M | 3.4% |
| METTLER TOLEDO ORD | MTD | $746.51M | 3.1% |
| NIKE INC CL B | NKE | $740.65M | 3.1% |
| PROCTER & GAMBLE ORD | PG | $735.81M | 3.1% |
| CHURCH AND DWIGHT ORD | CHD | $668.41M | 2.8% |
| OTIS WORLDWIDE ORD | OTIS | $574.60M | 2.4% |
| Apple | AAPL | $258.49M | 1.1% |
| FORTINET ORD | FTNT | $174.86M | 0.7% |
| VERISIGN INC | VRSN | $152.48M | 0.6% |
| MASIMO CORP | MASI* | $120.18M | 0.5% |
| VERISK ANALYTICS INC | VRSK | $119.82M | 0.5% |
| EQUIFAX INC | EFX | $116.54M | 0.5% |
| COGNEX CORP | CGNX | $115.39M | 0.5% |
This is the earliest Fundsmith Equity 13F we hold, so there is no earlier filing here to compare it with.
Other quarters
Source: SEC Form 13F-HR, accession 0001520023-23-000011, filed by Fundsmith LLP. Values are as filed and cover US-listed positions only; a 13F does not show short positions or holdings outside the US. A 13F may be filed up to 45 days after the quarter ends, so the fund may have traded since. Educational information, not financial advice.