Fundsmith 13F Holdings — Q2 2026
Fundsmith reported 26 US-listed positions worth $4.3B in its 13F for the quarter ended 2026-06-30 (filed 2026-08-14), according to EquiReason's reading of the SEC filing. New positions in Q2 2026: UBER, MA, NFLX, GEV, APP. Sold out: MTD, ZTS, OTIS, HD, AAPL.
Source: 13F-HR on SEC EDGAR · values as the fund reported them · 26 of 27 reported lines matched to US-listed companies (funds, ETFs, options and non-US listings are left out)
Largest positions
| # | Company | Value | % of portfolio | Shares | Change in shares |
|---|---|---|---|---|---|
| 1 | MAR MARRIOTT INTL INC NEW | $334.2M | 7.7% | 901,923 | Trimmed (-24.8%) |
| 2 | SYK STRYKER CORPORATION | $330.8M | 7.7% | 1.05M | Trimmed (-11.4%) |
| 3 | WAT WATERS CORP | $314.2M | 7.3% | 837,764 | Trimmed (-23.6%) |
| 4 | CHD CHURCH & DWIGHT CO INC | $245.8M | 5.7% | 2.54M | Trimmed (-2.3%) |
| 5 | V VISA INC | $233.5M | 5.4% | 680,492 | Trimmed (-33.6%) |
| 6 | TXN TEXAS INSTRS INC | $226.3M | 5.2% | 759,134 | Trimmed (-12.4%) |
| 7 | UBER UBER TECHNOLOGIES INC | $213.3M | 4.9% | 2.96M | New |
| 8 | MA MASTERCARD INCORPORATED | $201.8M | 4.7% | 392,933 | New |
| 9 | GOOGL ALPHABET INC | $199.8M | 4.6% | 558,963 | Trimmed (-50.7%) |
| 10 | META META PLATFORMS INC | $191.9M | 4.4% | 340,730 | Trimmed (-27.4%) |
| 11 | MSFT MICROSOFT CORP | $188.5M | 4.4% | 505,361 | Trimmed (-23.9%) |
| 12 | ADP AUTOMATIC DATA PROCESSING IN | $184.5M | 4.3% | 823,664 | Trimmed (-37.9%) |
| 13 | FTNT FORTINET INC | $173.0M | 4.0% | 1.13M | Trimmed (-32.1%) |
| 14 | IDXX IDEXX LABS INC | $172.2M | 4.0% | 327,058 | Trimmed (-32.1%) |
| 15 | PM PHILIP MORRIS INTL INC | $170.9M | 4.0% | 944,396 | Trimmed (-43.7%) |
| 16 | PG PROCTER & GAMBLE CO | $159.2M | 3.7% | 1.09M | Trimmed (-38.3%) |
| 17 | NFLX NETFLIX INC. | $156.1M | 3.6% | 2.19M | New |
| 18 | GEV GE VERNOVA INC | $151.1M | 3.5% | 128,646 | New |
| 19 | APP APPLOVIN CORP | $120.5M | 2.8% | 233,921 | New |
| 20 | TJX TJX COS INC NEW | $109.3M | 2.5% | 721,550 | Added (+22357.2%) |
| 21 | NXT NEXTPOWER INC | $107.6M | 2.5% | 903,523 | New |
| 22 | VEEV VEEVA SYS INC | $46.0M | 1.1% | 259,070 | New |
| 23 | BMI BADGER METER INC | $37.3M | 0.9% | 251,196 | Added (+89.4%) |
| 24 | YUM YUM BRANDS INC | $28.5M | 0.7% | 178,009 | New |
| 25 | WM WASTE MGMT INC DEL | $25.6M | 0.6% | 114,984 | Added (+63.2%) |
New positions in Q2 2026
| # | Company | Value | % of portfolio | Shares |
|---|---|---|---|---|
| 1 | UBER UBER TECHNOLOGIES INC | $213.3M | 4.9% | 2.96M |
| 2 | MA MASTERCARD INCORPORATED | $201.8M | 4.7% | 392,933 |
| 3 | NFLX NETFLIX INC. | $156.1M | 3.6% | 2.19M |
| 4 | GEV GE VERNOVA INC | $151.1M | 3.5% | 128,646 |
| 5 | APP APPLOVIN CORP | $120.5M | 2.8% | 233,921 |
| 6 | NXT NEXTPOWER INC | $107.6M | 2.5% | 903,523 |
| 7 | VEEV VEEVA SYS INC | $46.0M | 1.1% | 259,070 |
| 8 | YUM YUM BRANDS INC | $28.5M | 0.7% | 178,009 |
| 9 | ORLY OREILLY AUTOMOTIVE INC | $498,207 | 0.0% | 5,410 |
Sold out in Q2 2026
held at the end of the prior quarter, gone nowAdded to
Trimmed
| # | Company | Value | % of portfolio | Shares | Change in shares |
|---|---|---|---|---|---|
| 1 | GOOGL ALPHABET INC | $199.8M | 4.6% | 558,963 | Trimmed (-50.7%) |
| 2 | PM PHILIP MORRIS INTL INC | $170.9M | 4.0% | 944,396 | Trimmed (-43.7%) |
| 3 | V VISA INC | $233.5M | 5.4% | 680,492 | Trimmed (-33.6%) |
| 4 | ADP AUTOMATIC DATA PROCESSING IN | $184.5M | 4.3% | 823,664 | Trimmed (-37.9%) |
| 5 | MAR MARRIOTT INTL INC NEW | $334.2M | 7.7% | 901,923 | Trimmed (-24.8%) |
| 6 | PG PROCTER & GAMBLE CO | $159.2M | 3.7% | 1.09M | Trimmed (-38.3%) |
| 7 | WAT WATERS CORP | $314.2M | 7.3% | 837,764 | Trimmed (-23.6%) |
| 8 | FTNT FORTINET INC | $173.0M | 4.0% | 1.13M | Trimmed (-32.1%) |
| 9 | IDXX IDEXX LABS INC | $172.2M | 4.0% | 327,058 | Trimmed (-32.1%) |
| 10 | META META PLATFORMS INC | $191.9M | 4.4% | 340,730 | Trimmed (-27.4%) |
| 11 | MSFT MICROSOFT CORP | $188.5M | 4.4% | 505,361 | Trimmed (-23.9%) |
| 12 | SYK STRYKER CORPORATION | $330.8M | 7.7% | 1.05M | Trimmed (-11.4%) |
| 13 | TXN TEXAS INSTRS INC | $226.3M | 5.2% | 759,134 | Trimmed (-12.4%) |
| 14 | CHD CHURCH & DWIGHT CO INC | $245.8M | 5.7% | 2.54M | Trimmed (-2.3%) |
Where all the funds moved together. Which companies the tracked funds crowded into or left together this quarter — and how that compares with the quarters before — is in Research Pro. See plans
Fundsmith — questions
- What does Fundsmith own?
- Its largest US-listed positions at the end of Q2 2026: MAR (7.7%), SYK (7.7%), WAT (7.3%), CHD (5.7%), V (5.4%).
- What did Fundsmith buy in Q2 2026?
- New positions: UBER, MA, NFLX, GEV, APP, NXT, VEEV, YUM. It added to 3 existing positions.
- What did Fundsmith sell in Q2 2026?
- It sold out of MTD, ZTS, OTIS, HD, AAPL, AMZN and trimmed 14 positions.
- When did Fundsmith file its latest 13F?
- On 2026-08-14, for the quarter ended 2026-06-30. 13F filings are due 45 days after each quarter ends.
How these figures are read: methodology · EquiReason.