Fundsmith Investment Services LTD.
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 15, 2025), Fundsmith Investment Services LTD. reported 27 stock positions worth $7.1 billion. Its top holding was Meta Platforms Class A (META) at 10.3% of the portfolio, followed by Stryker (SYK, 9.4%) and Microsoft (MSFT, 9.4%). Compared with Q4 2024, it opened 2 new positions, sold out of 6, added to 4 and reduced 18. The biggest buy was Zoetis (ZTS, shares +717%) and the biggest sale an exit from Pepsico (PEP).
- Most Recent 13F
- Q2 2026
- Location
- BEAUX SONGES, O4
- CIK
- 0001868537
- Portfolio Value
- $7.1B (Q1 2025)
- SEC Filing
- 0001868537-25-000009 ↗ filed May 15, 2025
Holdings Value
Holdings 27 stocks · $7.1B
| META Meta Platforms Inc. Class A | 10.32% | 1,268,556 | $731.1M | Reduce -15.5% |
| SYK Stryker Corp. | 9.42% | 1,793,767 | $667.7M | Reduce -6.0% |
| MSFT Microsoft Corp. | 9.38% | 1,771,071 | $664.8M | Reduce -14.8% |
| PM Philip Morris International | 7.71% | 3,440,395 | $546.1M | Reduce -4.7% |
| V Visa Inc. Class A | 6.96% | 1,407,355 | $493.2M | Reduce -8.7% |
| ADP Automatic Data Processing | 6.69% | 1,551,219 | $473.9M | Reduce -9.8% |
| WAT Waters Corp. | 6.32% | 1,215,834 | $448.1M | Reduce -0.7% |
| IDXX Idexx Laboratories Inc. | 5.06% | 854,359 | $358.8M | Reduce -1.2% |
| MAR Marriott International Class A | 5.05% | 1,501,216 | $357.6M | Reduce -0.3% |
| PG The Procter & Gamble Co. | 4.69% | 1,951,624 | $332.6M | Reduce -5.0% |
| CHD Church & Dwight Co. Inc. | 4.51% | 2,904,272 | $319.7M | Reduce -0.4% |
| GOOGL Alphabet Inc. Class A | 4.38% | 2,005,585 | $310.1M | Reduce -0.2% |
| MTD Mettler-Toledo International | 4.32% | 259,505 | $306.5M | Reduce -0.2% |
| FTNT Fortinet Inc. | 3.46% | 2,545,310 | $245.0M | Reduce -0.2% |
| OTIS Otis Worldwide Corp. | 2.51% | 1,725,326 | $178.1M | Reduce -2.3% |
| TXN Texas Instruments Inc. | 2.38% | 936,551 | $168.3M | Add +85.9% |
| NKE Nike Inc. Class B | 2.07% | 2,309,838 | $146.6M | Add +0.1% |
| ZTS Zoetis Inc. | 1.68% | 721,402 | $118.8M | Add +717.5% |
| BF.B Brown-Forman Corp. Class B | 1.37% | 2,855,440 | $96.9M | No change |
| INTU Intuit Inc. | 0.41% | 47,292 | $29.0M | New |
| FCNCA First Citizens Bcshs Class A | 0.27% | 10,369 | $19.2M | No change |
| HD Home Depot Inc. | 0.24% | 45,882 | $16.8M | Reduce -18.9% |
| WM Waste Management Inc. | 0.23% | 70,475 | $16.3M | Add +46.2% |
| CPNG Coupang Inc. | 0.20% | 634,547 | $13.9M | New |
| MA Mastercard Inc. Class A | 0.18% | 23,477 | $12.9M | Reduce -5.6% |
| SHOP Shopify Inc. Class A | 0.12% | 88,177 | $8.4M | Reduce -8.3% |
| IESC Ies Holdings Inc. filed as IES HLDGS INC | 0.08% | 33,400 | $5.5M | No change |
Portfolio Sells Q4 2024 → Q1 2025
| PEP Pepsico Inc. | Sold out | 0.00% | −3.66 |
| MSFT Microsoft Corp. | Reduce -14.8% | 9.38% | −2.01 |
| META Meta Platforms Inc. Class A | Reduce -15.5% | 10.32% | −1.12 |
| GOOGL Alphabet Inc. Class A | Reduce -0.2% | 4.38% | −0.57 |
| MAR Marriott International Class A | Reduce -0.3% | 5.05% | −0.41 |
| TSM Taiwan Semiconductor-SP ADR | Sold out | 0.00% | −0.39 |
| MEDP Medpace Holdings Inc. | Sold out | 0.00% | −0.28 |
| RDDT Reddit Inc. Class A | Sold out | 0.00% | −0.16 |
| NVDA Nvidia Corp. | Sold out | 0.00% | −0.15 |
| ARGT Global X MSCI Argentina ETF | Sold out | 0.00% | −0.06 |
| HD Home Depot Inc. | Reduce -18.9% | 0.24% | −0.05 |
| SHOP Shopify Inc. Class A | Reduce -8.3% | 0.12% | −0.01 |
| MA Mastercard Inc. Class A | Reduce -5.6% | 0.18% | +0.01 |
| ADP Automatic Data Processing | Reduce -9.8% | 6.69% | +0.14 |
| MTD Mettler-Toledo International | Reduce -0.2% | 4.32% | +0.19 |
| PG The Procter & Gamble Co. | Reduce -5.0% | 4.69% | +0.22 |
| FTNT Fortinet Inc. | Reduce -0.2% | 3.46% | +0.32 |
| OTIS Otis Worldwide Corp. | Reduce -2.3% | 2.51% | +0.38 |
| IDXX Idexx Laboratories Inc. | Reduce -1.2% | 5.06% | +0.41 |
| WAT Waters Corp. | Reduce -0.7% | 6.32% | +0.41 |
| SYK Stryker Corp. | Reduce -6.0% | 9.42% | +0.48 |
| CHD Church & Dwight Co. Inc. | Reduce -0.4% | 4.51% | +0.54 |
| V Visa Inc. Class A | Reduce -8.7% | 6.96% | +0.62 |
| PM Philip Morris International | Reduce -4.7% | 7.71% | +2.06 |
Portfolio Buys Q4 2024 → Q1 2025
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 |