What Terry Smith Bought in Q2 2025
Fundsmith · Quarterly 13F recap as filed with the SEC.
Period: 2025-06-30 · Filed · Historical
$23.02B
Total Value
39
Holdings
3
New Buys
22
Reduced
In Q2 2025, Terry Smith reported 39 long equity positions worth $23.02B in their Fundsmith 13F filing, including 3 new positions (largest: VERTIV HOLDINGS CO at $93.1M) and 7 increased positions.
| Rank | Ticker | Company | Shares | Value | % Portfolio | Change |
|---|---|---|---|---|---|---|
| 1 | META | META PLATFORMS INC | 3568752 | $2.63B | 11.44% | -8.1% |
| 2 | MSFT | MICROSOFT CORP | 4941509 | $2.46B | 10.68% | -8.0% |
| 3 | SYK | STRYKER CORPORATION | 4677007 | $1.85B | 8.04% | -7.7% |
| 4 | PM | PHILIP MORRIS INTL INC | 9074195 | $1.65B | 7.18% | +-16.0% |
| 5 | IDXX | IDEXX LABS INC | 2639289 | $1.42B | 6.15% | -0.3% |
| 6 | V | VISA INC | 3854071 | $1.37B | 5.95% | -6.8% |
| 7 | ADP | AUTOMATIC DATA PROCESSING IN | 4362099 | $1.35B | 5.84% | -3.4% |
| 8 | WAT | WATERS CORP | 3608407 | $1.26B | 5.47% | -0.1% |
| 9 | GOOGL | ALPHABET INC | 6803454 | $1.20B | 5.21% | -0.6% |
| 10 | MAR | MARRIOTT INTL INC NEW | 4236599 | $1.16B | 5.03% | -0.4% |
| 11 | FTNT | FORTINET INC | 8418362 | $890.0M | 3.87% | -1.2% |
| 12 | PG | PROCTER AND GAMBLE CO | 4572280 | $728.5M | 3.16% | -1.0% |
| 13 | MTD | METTLER TOLEDO INTERNATIONAL | 590037 | $693.1M | 3.01% | -0.1% |
| 14 | CHD | CHURCH & DWIGHT CO INC | 6824289 | $655.9M | 2.85% | -0.3% |
| 15 | OTIS | OTIS WORLDWIDE CORP | 5819151 | $576.2M | 2.50% | -0.8% |
| 16 | TXN | TEXAS INSTRS INC | 2720290 | $564.8M | 2.45% | -0.2% |
| 17 | ZTS | ZOETIS INC | 2884831 | $449.9M | 1.95% | +13.3% |
| 18 | NKE | NIKE INC | 6129483 | $435.4M | 1.89% | -0.1% |
| 19 | INTU | INTUIT | 368540 | $290.3M | 1.26% | +102.9% |
| 20 | ODD | ODDITY TECH LTD | 1416956 | $106.9M | 0.46% | -12.3% |
| 21 | QLYS | QUALYS INC | 718602 | $102.7M | 0.45% | — |
| 22 | MSCI | MSCI INC | 166619 | $96.1M | 0.42% | — |
| 23 | PAYC | PAYCOM SOFTWARE INC | 413510 | $95.7M | 0.42% | — |
| 24 | CHH | CHOICE HOTELS INTL INC | 733892 | $93.1M | 0.40% | — |
| 25 | VRT | VERTIV HOLDINGS CO | 724923 | $93.1M | 0.40% | NEW |
| 26 | ROL | ROLLINS INC | 1478629 | $83.4M | 0.36% | -7.4% |
| 27 | DOCS | DOXIMITY INC | 1355944 | $83.2M | 0.36% | +14.0% |
| 28 | VRSN | VERISIGN INC | 270634 | $78.2M | 0.34% | -52.5% |
| 29 | GGG | GRACO INC | 900545 | $77.4M | 0.34% | +-21.0% |
| 30 | CLX | CLOROX CO DEL | 613497 | $73.7M | 0.32% | — |
| 31 | SABR | SABRE CORP | 21499095 | $67.9M | 0.30% | — |
| 32 | CPRX | CATALYST PHARMACEUTICALS INC | 2709086 | $58.8M | 0.26% | +25.9% |
| 33 | MANH | MANHATTAN ASSOCIATES INC | 288332 | $56.9M | 0.25% | NEW |
| 34 | EXPO | EXPONENT INC | 746820 | $55.8M | 0.24% | -10.7% |
| 35 | VRSK | VERISK ANALYTICS INC | 176195 | $54.9M | 0.24% | -46.7% |
| 36 | MEDP | MEDPACE HLDGS INC | 127537 | $40.0M | 0.17% | — |
| 37 | HD | HOME DEPOT INC | 83367 | $30.6M | 0.13% | +-27.3% |
| 38 | NSSC | NAPCO SEC TECHNOLOGIES INC | 954912 | $28.4M | 0.12% | NEW |
| 39 | MA | MASTERCARD INCORPORATED | 27663 | $15.5M | 0.07% | -44.1% |