Fundsmith Investment Services LTD.
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 17, 2026), Fundsmith Investment Services LTD. reported 26 stock positions worth $5.5 billion. Its top holding was Stryker (SYK) at 8.4% of the portfolio, followed by Waters (WAT, 8.0%) and Marriott International Class A (MAR, 7.5%). Compared with Q3 2025, it opened 5 new positions, sold out of 2, added to 1 and reduced 19. The biggest buy was a new position in Badger Meter (BMI) and the biggest sale Microsoft (MSFT, shares −34%).
- Most Recent 13F
- Q2 2026
- Location
- BEAUX SONGES, O4
- CIK
- 0001868537
- Portfolio Value
- $5.5B (Q4 2025)
- SEC Filing
- 0001868537-26-000002 ↗ filed Feb 17, 2026
Holdings Value
Holdings 26 stocks · $5.5B
| SYK Stryker Corp. | 8.41% | 1,307,407 | $459.5M | Reduce -15.9% |
| WAT Waters Corp. | 7.96% | 1,146,209 | $435.4M | Reduce -15.5% |
| MAR Marriott International Class A | 7.48% | 1,318,251 | $409.0M | Reduce -9.9% |
| GOOGL Alphabet Inc. Class A | 7.20% | 1,257,218 | $393.5M | Reduce -35.4% |
| V Visa Inc. Class A | 6.93% | 1,079,514 | $378.6M | Reduce -13.6% |
| IDXX Idexx Laboratories Inc. | 6.86% | 553,859 | $374.7M | Reduce -19.5% |
| META Meta Platforms Inc. Class A | 6.32% | 523,536 | $345.6M | Reduce -26.0% |
| ADP Automatic Data Processing | 6.30% | 1,338,320 | $344.3M | Reduce -7.4% |
| PM Philip Morris International | 6.14% | 2,091,801 | $335.5M | Reduce -6.4% |
| MTD Mettler-Toledo International | 6.11% | 239,736 | $334.2M | Reduce -5.5% |
| MSFT Microsoft Corp. | 5.92% | 668,549 | $323.3M | Reduce -33.5% |
| PG The Procter & Gamble Co. | 4.66% | 1,777,110 | $254.7M | Reduce -5.9% |
| CHD Church & Dwight Co. Inc. | 4.02% | 2,620,239 | $219.7M | Reduce -6.6% |
| ZTS Zoetis Inc. | 2.78% | 1,206,414 | $151.8M | Add +2.6% |
| TXN Texas Instruments Inc. | 2.77% | 872,579 | $151.4M | Reduce -11.5% |
| FTNT Fortinet Inc. | 2.64% | 1,818,233 | $144.4M | Reduce -20.2% |
| NKE Nike Inc. Class B | 2.60% | 2,226,357 | $141.8M | Reduce -3.8% |
| INTU Intuit Inc. | 2.14% | 176,360 | $116.8M | Reduce -6.5% |
| OTIS Otis Worldwide Corp. | 2.00% | 1,251,513 | $109.3M | Reduce -23.9% |
| BMI Badger Meter Inc. | 0.42% | 132,631 | $23.1M | New |
| WM Waste Management Inc. | 0.28% | 70,475 | $15.5M | No change |
| HD Home Depot Inc. | 0.06% | 9,321 | $3.2M | Reduce -33.7% |
| TSM Taiwan Semiconductor-SP ADR | 0.00% | 605 | $184K | New |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.00% | 1,155 | $177K | New |
| AMZN Amazon.com Inc. | 0.00% | 715 | $165K | New |
| AAPL Apple Inc. | 0.00% | 605 | $164K | New |
Portfolio Sells Q3 2025 → Q4 2025
| MSFT Microsoft Corp. | Reduce -33.5% | 5.92% | −2.20 |
| META Meta Platforms Inc. Class A | Reduce -26.0% | 6.32% | −1.77 |
| SYK Stryker Corp. | Reduce -15.9% | 8.41% | −0.54 |
| FTNT Fortinet Inc. | Reduce -20.2% | 2.64% | −0.35 |
| OTIS Otis Worldwide Corp. | Reduce -23.9% | 2.00% | −0.34 |
| CPNG Coupang Inc. | Sold out | 0.00% | −0.32 |
| ADP Automatic Data Processing | Reduce -7.4% | 6.30% | −0.31 |
| IESC Ies Holdings Inc. | Sold out | 0.00% | −0.21 |
| GOOGL Alphabet Inc. Class A | Reduce -35.4% | 7.20% | −0.17 |
| TXN Texas Instruments Inc. | Reduce -11.5% | 2.77% | −0.05 |
| HD Home Depot Inc. | Reduce -33.7% | 0.06% | −0.03 |
| IDXX Idexx Laboratories Inc. | Reduce -19.5% | 6.86% | +0.00 |
| NKE Nike Inc. Class B | Reduce -3.8% | 2.60% | +0.08 |
| INTU Intuit Inc. | Reduce -6.5% | 2.14% | +0.13 |
| PG The Procter & Gamble Co. | Reduce -5.9% | 4.66% | +0.14 |
| CHD Church & Dwight Co. Inc. | Reduce -6.6% | 4.02% | +0.19 |
| V Visa Inc. Class A | Reduce -13.6% | 6.93% | +0.28 |
| PM Philip Morris International | Reduce -6.4% | 6.14% | +0.49 |
| MTD Mettler-Toledo International | Reduce -5.5% | 6.11% | +1.26 |
| MAR Marriott International Class A | Reduce -9.9% | 7.48% | +1.54 |
| WAT Waters Corp. | Reduce -15.5% | 7.96% | +1.63 |
Portfolio Buys Q3 2025 → Q4 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 |