Fundsmith Investment Services LTD.

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 14, 2025), Fundsmith Investment Services LTD. reported 23 stock positions worth $6.4 billion. Its top holding was Stryker (SYK) at 9.0% of the portfolio, followed by Microsoft (MSFT, 8.1%) and Meta Platforms Class A (META, 8.1%). Compared with Q2 2025, it sold out of 3, added to 4 and reduced 16. The biggest buy was Zoetis (ZTS, shares +35%) and the biggest sale Meta Platforms Class A (META, shares −38%).

Most Recent 13F
Q2 2026
Location
BEAUX SONGES, O4
CIK
0001868537
Portfolio Value
$6.4B (Q3 2025)
SEC Filing
0001868537-25-000015 ↗ filed Nov 14, 2025

Holdings Value

0$2.0B$4.0B$6.0B$8.0B$10.0B Q1 2024: $7.5B Q1 2024 Q2 2024: $7.8B Q2 2024 Q3 2024: $8.0B Q3 2024 Q4 2024: $7.7B Q4 2024 Q1 2025: $7.1B Q1 2025 Q2 2025: $7.4B Q2 2025 Q3 2025: $6.4B $6.4B Q3 2025 Q4 2025: $5.5B Q4 2025 Q1 2026: $4.4B Q1 2026 Q2 2026: $4.5B Q2 2026

Holdings 23 stocks · $6.4B
SYK Stryker Corp. 8.95% 1,553,780 $574.4M Reduce -4.7%
MSFT Microsoft Corp. 8.12% 1,005,633 $520.9M Reduce -36.8%
META Meta Platforms Inc. Class A 8.10% 707,481 $519.6M Reduce -38.1%
GOOGL Alphabet Inc. Class A 7.37% 1,946,411 $473.2M Reduce -2.8%
IDXX Idexx Laboratories Inc. 6.85% 688,357 $439.8M Reduce -18.5%
V Visa Inc. Class A 6.65% 1,249,649 $426.6M Reduce -4.7%
ADP Automatic Data Processing 6.61% 1,444,865 $424.1M Reduce -4.1%
WAT Waters Corp. 6.34% 1,356,289 $406.6M Add +11.1%
MAR Marriott International Class A 5.94% 1,463,561 $381.2M Reduce -2.7%
PM Philip Morris International 5.65% 2,234,140 $362.4M Reduce -19.9%
MTD Mettler-Toledo International 4.86% 253,786 $311.6M Reduce -2.6%
PG The Procter & Gamble Co. 4.52% 1,888,975 $290.2M Reduce -3.0%
CHD Church & Dwight Co. Inc. 3.83% 2,806,229 $245.9M Reduce -3.7%
FTNT Fortinet Inc. 2.99% 2,279,732 $191.7M Reduce -9.2%
TXN Texas Instruments Inc. 2.82% 985,861 $181.1M Reduce -1.6%
ZTS Zoetis Inc. 2.68% 1,175,723 $172.0M Add +34.9%
NKE Nike Inc. Class B 2.52% 2,314,508 $161.4M Add +0.1%
OTIS Otis Worldwide Corp. 2.34% 1,644,103 $150.3M Reduce -2.9%
INTU Intuit Inc. 2.01% 188,514 $128.7M Add +65.3%
CPNG Coupang Inc. 0.32% 634,547 $20.4M No change
WM Waste Management Inc. 0.24% 70,475 $15.6M No change
IESC Ies Holdings Inc. filed as IES HLDGS INC 0.21% 33,400 $13.3M No change
HD Home Depot Inc. 0.09% 14,051 $5.7M Reduce -57.7%

Portfolio Sells Q2 2025 → Q3 2025
META Meta Platforms Inc. Class A Reduce -38.1% 8.10% −3.33
MSFT Microsoft Corp. Reduce -36.8% 8.12% −2.59
PM Philip Morris International Reduce -19.9% 5.65% −1.23
FTNT Fortinet Inc. Reduce -9.2% 2.99% −0.61
FCNCA First Citizens Bcshs Class A Sold out 0.00% −0.27
SHOP Shopify Inc. Class A Sold out 0.00% −0.14
MA Mastercard Inc. Class A Sold out 0.00% −0.13
HD Home Depot Inc. Reduce -57.7% 0.09% −0.08
TXN Texas Instruments Inc. Reduce -1.6% 2.82% +0.01
CHD Church & Dwight Co. Inc. Reduce -3.7% 3.83% +0.04
OTIS Otis Worldwide Corp. Reduce -2.9% 2.34% +0.07
SYK Stryker Corp. Reduce -4.7% 8.95% +0.22
ADP Automatic Data Processing Reduce -4.1% 6.61% +0.32
PG The Procter & Gamble Co. Reduce -3.0% 4.52% +0.32
V Visa Inc. Class A Reduce -4.7% 6.65% +0.34
MAR Marriott International Class A Reduce -2.7% 5.94% +0.38
MTD Mettler-Toledo International Reduce -2.6% 4.86% +0.71
IDXX Idexx Laboratories Inc. Reduce -18.5% 6.85% +0.72
GOOGL Alphabet Inc. Class A Reduce -2.8% 7.37% +2.60

Portfolio Buys Q2 2025 → Q3 2025
ZTS Zoetis Inc. Add +34.9% 2.68% +0.84
INTU Intuit Inc. Add +65.3% 2.01% +0.79
WAT Waters Corp. Add +11.1% 6.34% +0.57
NKE Nike Inc. Class B Add +0.1% 2.52% +0.29

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 27$4.5BMAR, SYK, WAT, CHD, V
Q1 2026 24$4.4BMAR, SYK, WAT, GOOGL, V
Q4 2025 26$5.5BSYK, WAT, MAR, GOOGL, V
Q3 2025 23$6.4BSYK, MSFT, META, GOOGL, IDXX
Q2 2025 26$7.4BMETA, MSFT, SYK, PM, V
Q1 2025 27$7.1BMETA, SYK, MSFT, PM, V
Q4 2024 31$7.7BMETA, MSFT, SYK, ADP, V
Q3 2024 28$8.0BMSFT, META, SYK, ADP, V
Q2 2024 28$7.8BMSFT, META, SYK, V, PM
Q1 2024 27$7.5BMSFT, META, SYK, V, IDXX