Fundsmith Investment Services LTD.
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 15, 2024), Fundsmith Investment Services LTD. reported 27 stock positions worth $7.5 billion. Its top holding was Microsoft (MSFT) at 12.6% of the portfolio, followed by Meta Platforms Class A (META, 9.7%) and Stryker (SYK, 8.5%). Compared with Q4 2023, it opened 2 new positions, sold out of 1, added to 17 and reduced 3. The biggest buy was Stryker (SYK, shares +1%) and the biggest sale McCormick & Co.-Non VTG SHRS (MKC, shares −20%).
- Most Recent 13F
- Q2 2026
- Location
- BEAUX SONGES, O4
- CIK
- 0001868537
- Portfolio Value
- $7.5B (Q1 2024)
- SEC Filing
- 0001868537-24-000005 ↗ filed May 15, 2024
Holdings Value
Holdings 27 stocks · $7.5B
| MSFT Microsoft Corp. | 12.58% | 2,249,881 | $946.6M | Reduce -5.9% |
| META Meta Platforms Inc. Class A | 9.72% | 1,505,728 | $731.2M | No change |
| SYK Stryker Corp. | 8.48% | 1,783,901 | $638.4M | Add +1.1% |
| V Visa Inc. Class A | 6.32% | 1,703,497 | $475.4M | Add +0.1% |
| IDXX Idexx Laboratories Inc. | 5.89% | 820,881 | $443.2M | Add +0.3% |
| ADP Automatic Data Processing | 5.61% | 1,689,498 | $421.9M | Add +0.3% |
| PM Philip Morris International | 5.36% | 4,404,706 | $403.6M | No change |
| WAT Waters Corp. | 5.21% | 1,137,804 | $391.7M | Add +0.3% |
| MAR Marriott International Class A | 4.49% | 1,339,669 | $338.0M | Add +0.4% |
| PEP Pepsico Inc. | 4.39% | 1,885,492 | $330.0M | Reduce -6.2% |
| MTD Mettler-Toledo International | 4.32% | 244,095 | $325.0M | Add +2.1% |
| PG The Procter & Gamble Co. | 4.03% | 1,870,158 | $303.4M | Add +0.4% |
| GOOGL Alphabet Inc. Class A | 3.80% | 1,895,255 | $286.1M | Add +0.3% |
| CHD Church & Dwight Co. Inc. | 3.76% | 2,709,907 | $282.7M | Add +0.2% |
| MKC McCormick & Co.-Non VTG SHRS | 3.33% | 3,261,106 | $250.5M | Reduce -20.0% |
| BF.B Brown-Forman Corp. Class B | 2.75% | 4,014,256 | $207.2M | No change |
| NKE Nike Inc. Class B | 2.74% | 2,195,166 | $206.3M | No change |
| OTIS Otis Worldwide Corp. | 2.24% | 1,700,842 | $168.8M | Add +0.4% |
| FTNT Fortinet Inc. | 1.81% | 1,992,966 | $136.1M | Add +24.3% |
| AAPL Apple Inc. | 1.40% | 615,508 | $105.5M | Add +25.3% |
| TXN Texas Instruments Inc. | 0.63% | 270,145 | $47.1M | New |
| TSM Taiwan Semiconductor-SP ADR | 0.27% | 149,989 | $20.4M | New |
| HD Home Depot Inc. | 0.26% | 51,427 | $19.7M | Add +4.3% |
| ZTS Zoetis Inc. | 0.18% | 80,282 | $13.6M | Add +7.9% |
| FCNCA First Citizens Bcshs Class A | 0.16% | 7,296 | $11.9M | No change |
| MA Mastercard Inc. Class A | 0.14% | 22,614 | $10.9M | Add +7.9% |
| MCD McDonald's Corp. | 0.12% | 32,848 | $9.3M | Add +7.9% |
Portfolio Sells Q4 2023 → Q1 2024
Portfolio Buys Q4 2023 → Q1 2024
| SYK Stryker Corp. | Add +1.1% | 8.48% | +0.85 |
| TXN Texas Instruments Inc. | New | 0.63% | +0.63 |
| FTNT Fortinet Inc. | Add +24.3% | 1.81% | +0.45 |
| TSM Taiwan Semiconductor-SP ADR | New | 0.27% | +0.27 |
| MAR Marriott International Class A | Add +0.4% | 4.49% | +0.15 |
| MTD Mettler-Toledo International | Add +2.1% | 4.32% | +0.13 |
| PG The Procter & Gamble Co. | Add +0.4% | 4.03% | +0.09 |
| CHD Church & Dwight Co. Inc. | Add +0.2% | 3.76% | +0.06 |
| OTIS Otis Worldwide Corp. | Add +0.4% | 2.24% | +0.06 |
| AAPL Apple Inc. | Add +25.3% | 1.40% | +0.04 |
| MA Mastercard Inc. Class A | Add +7.9% | 0.14% | +0.02 |
| HD Home Depot Inc. | Add +4.3% | 0.26% | +0.02 |
| MCD McDonald's Corp. | Add +7.9% | 0.12% | −0.01 |
| GOOGL Alphabet Inc. Class A | Add +0.3% | 3.80% | −0.01 |
| ZTS Zoetis Inc. | Add +7.9% | 0.18% | −0.03 |
| ADP Automatic Data Processing | Add +0.3% | 5.61% | −0.06 |
| V Visa Inc. Class A | Add +0.1% | 6.32% | −0.08 |
| WAT Waters Corp. | Add +0.3% | 5.21% | −0.19 |
| IDXX Idexx Laboratories Inc. | Add +0.3% | 5.89% | −0.67 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 27 | $4.5B | MAR, SYK, WAT, CHD, V |
| Q1 2026 | 24 | $4.4B | MAR, SYK, WAT, GOOGL, V |
| Q4 2025 | 26 | $5.5B | SYK, WAT, MAR, GOOGL, V |
| Q3 2025 | 23 | $6.4B | SYK, MSFT, META, GOOGL, IDXX |
| Q2 2025 | 26 | $7.4B | META, MSFT, SYK, PM, V |
| Q1 2025 | 27 | $7.1B | META, SYK, MSFT, PM, V |
| Q4 2024 | 31 | $7.7B | META, MSFT, SYK, ADP, V |
| Q3 2024 | 28 | $8.0B | MSFT, META, SYK, ADP, V |
| Q2 2024 | 28 | $7.8B | MSFT, META, SYK, V, PM |
| Q1 2024 | 27 | $7.5B | MSFT, META, SYK, V, IDXX |