What Terry Smith Bought in Q1 2026
Fundsmith · Quarterly 13F recap as filed with the SEC.
Period: 2026-03-31 · Filed · Historical
$12.83B
Total Value
34
Holdings
1
New Buys
25
Reduced
In Q1 2026, Terry Smith reported 34 long equity positions worth $12.83B in their Fundsmith 13F filing, including 1 new positions (largest: BADGER METER INC at $21.7M) and 8 increased positions.
| Rank | Ticker | Company | Shares | Value | % Portfolio | Change |
|---|---|---|---|---|---|---|
| 1 | MAR | MARRIOTT INTL INC NEW | 3370872 | $1.10B | 8.59% | -15.3% |
| 2 | SYK | STRYKER CORPORATION | 3061416 | $1.01B | 7.84% | -17.0% |
| 3 | WAT | WATERS CORP | 3212075 | $956.6M | 7.46% | -9.7% |
| 4 | V | VISA INC | 3104090 | $938.2M | 7.31% | -12.2% |
| 5 | GOOGL | ALPHABET INC | 2956198 | $850.1M | 6.63% | -15.5% |
| 6 | PM | PHILIP MORRIS INTL INC | 5113163 | $845.4M | 6.59% | -16.5% |
| 7 | IDXX | IDEXX LABS INC | 1465786 | $823.6M | 6.42% | -21.9% |
| 8 | ADP | AUTOMATIC DATA PROCESSING IN | 3855105 | $783.3M | 6.11% | -7.7% |
| 9 | MSFT | MICROSOFT CORP | 2079737 | $769.9M | 6.00% | -0.0% |
| 10 | META | META PLATFORMS INC | 1321375 | $756.0M | 5.89% | -3.1% |
| 11 | MTD | METTLER TOLEDO INTERNATIONAL | 568516 | $717.0M | 5.59% | -2.1% |
| 12 | CHD | CHURCH & DWIGHT CO INC | 6641508 | $619.8M | 4.83% | -1.3% |
| 13 | PG | PROCTER & GAMBLE CO | 4199914 | $606.6M | 4.73% | -1.1% |
| 14 | TXN | TEXAS INSTRS INC | 2623124 | $509.3M | 3.97% | -0.0% |
| 15 | FTNT | FORTINET INC | 6156675 | $503.1M | 3.92% | -5.5% |
| 16 | ZTS | ZOETIS INC | 3877559 | $458.4M | 3.57% | -0.6% |
| 17 | OTIS | OTIS WORLDWIDE CORP | 2731635 | $210.6M | 1.64% | -12.2% |
| 18 | MSCI | MSCI INC | 64788 | $34.9M | 0.27% | +-61.1% |
| 19 | ROL | ROLLINS INC | 619935 | $33.1M | 0.26% | +-58.1% |
| 20 | MEDP | MEDPACE HLDGS INC | 62668 | $30.1M | 0.23% | -24.1% |
| 21 | VRSN | VERISIGN INC | 113467 | $28.2M | 0.22% | -58.1% |
| 22 | PAYC | PAYCOM SOFTWARE INC | 219457 | $26.7M | 0.21% | -58.1% |
| 23 | CLX | CLOROX CO DEL | 257217 | $26.7M | 0.21% | -58.1% |
| 24 | VRT | VERTIV HOLDINGS CO | 91254 | $22.9M | 0.18% | +-77.8% |
| 25 | NTNX | NUTANIX INC | 577392 | $21.9M | 0.17% | +-58.1% |
| 26 | BMI | BADGER METER INC | 142491 | $21.7M | 0.17% | NEW |
| 27 | CPRX | CATALYST PHARMACEUTICALS INC | 844887 | $20.9M | 0.16% | +-74.9% |
| 28 | QLYS | QUALYS INC | 226077 | $19.9M | 0.15% | -65.1% |
| 29 | DOCS | DOXIMITY INC | 691786 | $16.1M | 0.13% | +-58.1% |
| 30 | MANH | MANHATTAN ASSOCIATES INC | 120888 | $16.1M | 0.13% | -58.1% |
| 31 | NSSC | NAPCO SEC TECHNOLOGIES INC | 383596 | $15.1M | 0.12% | +-78.4% |
| 32 | ADMA | ADMA BIOLOGICS INC | 1649493 | $14.9M | 0.12% | -21.5% |
| 33 | SABR | SABRE CORP | 9013783 | $13.1M | 0.10% | +-58.1% |
| 34 | HD | HOME DEPOT INC | 28611 | $9.4M | 0.07% | -64.3% |