What Terry Smith Bought in Q2 2026
Fundsmith · Quarterly 13F recap as filed with the SEC.
Period: 2026-06-30 · Filed
$13.65B
Total Value
41
Holdings
13
New Buys
20
Reduced
In Q2 2026, Terry Smith reported 41 long equity positions worth $13.65B in their Fundsmith 13F filing, including 13 new positions (largest: UBER TECHNOLOGIES INC at $645.3M) and 5 increased positions.
| Rank | Ticker | Company | Shares | Value | % Portfolio | Change |
|---|---|---|---|---|---|---|
| 1 | MAR | MARRIOTT INTL INC NEW | 2585757 | $958.3M | 7.02% | -23.3% |
| 2 | SYK | STRYKER CORPORATION | 2913833 | $917.4M | 6.72% | -4.8% |
| 3 | WAT | WATERS CORP | 2273632 | $852.7M | 6.25% | -29.2% |
| 4 | V | VISA INC | 2019810 | $693.0M | 5.08% | -34.9% |
| 5 | UBER | UBER TECHNOLOGIES INC | 8943151 | $645.3M | 4.73% | NEW |
| 6 | MA | MASTERCARD INCORPORATED | 1245051 | $639.5M | 4.69% | NEW |
| 7 | GOOGL | ALPHABET INC | 1773354 | $633.7M | 4.64% | -40.0% |
| 8 | CHD | CHURCH & DWIGHT CO INC | 6456634 | $625.5M | 4.58% | -2.8% |
| 9 | PG | PROCTER & GAMBLE CO | 4078371 | $598.1M | 4.38% | -2.9% |
| 10 | MSFT | MICROSOFT CORP | 1596737 | $595.6M | 4.36% | -23.2% |
| 11 | META | META PLATFORMS INC | 1051876 | $592.5M | 4.34% | -20.4% |
| 12 | ADP | AUTOMATIC DATA PROCESSING IN | 2601567 | $582.6M | 4.27% | -32.5% |
| 13 | FTNT | FORTINET INC | 3629938 | $557.6M | 4.09% | -41.0% |
| 14 | TSM | TAIWAN SEMICONDUCTOR MANUFAC | 1148449 | $548.5M | 4.02% | NEW |
| 15 | IDXX | IDEXX LABS INC | 1019887 | $536.9M | 3.93% | -30.4% |
| 16 | TXN | TEXAS INSTRS INC | 1799182 | $536.3M | 3.93% | -31.4% |
| 17 | PM | PHILIP MORRIS INTL INC | 2913693 | $527.1M | 3.86% | -43.0% |
| 18 | NFLX | NETFLIX INC. | 6990345 | $499.1M | 3.66% | NEW |
| 19 | GEV | GE VERNOVA INC | 409835 | $481.5M | 3.53% | NEW |
| 20 | APP | APPLOVIN CORP | 696568 | $358.9M | 2.63% | NEW |
| 21 | TJX | TJX COS INC NEW | 2272592 | $344.3M | 2.52% | NEW |
| 22 | NXT | NEXTPOWER INC | 2856092 | $340.3M | 2.49% | NEW |
| 23 | VEEV | VEEVA SYS INC | 816785 | $145.0M | 1.06% | NEW |
| 24 | YUM | YUM BRANDS INC | 556107 | $88.9M | 0.65% | NEW |
| 25 | MSCI | MSCI INC | 53580 | $30.0M | 0.22% | -17.3% |
| 26 | MEDP | MEDPACE HLDGS INC | 52372 | $27.7M | 0.20% | -16.4% |
| 27 | NTNX | NUTANIX INC | 538281 | $27.4M | 0.20% | -6.8% |
| 28 | BMI | BADGER METER INC | 174627 | $25.9M | 0.19% | +22.6% |
| 29 | CLX | CLOROX CO DEL | 271318 | $25.9M | 0.19% | +5.5% |
| 30 | ROL | ROLLINS INC | 619935 | $25.9M | 0.19% | — |
| 31 | MANH | MANHATTAN ASSOCIATES INC | 172977 | $24.1M | 0.18% | +43.1% |
| 32 | NSSC | NAPCO SEC TECHNOLOGIES INC | 606974 | $23.1M | 0.17% | +58.2% |
| 33 | FICO | FAIR ISAAC CORP | 17953 | $21.4M | 0.16% | NEW |
| 34 | SABR | SABRE CORP | 9013783 | $18.8M | 0.14% | — |
| 35 | IDCC | INTERDIGITAL INC | 60324 | $17.1M | 0.13% | NEW |
| 36 | ORLY | OREILLY AUTOMOTIVE INC | 162691 | $15.0M | 0.11% | NEW |
| 37 | VRT | VERTIV HOLDINGS CO | 41893 | $14.0M | 0.10% | -54.1% |
| 38 | VRSN | VERISIGN INC | 55713 | $14.0M | 0.10% | +-50.9% |
| 39 | ADMA | ADMA BIOLOGICS INC | 1649493 | $13.8M | 0.10% | — |
| 40 | DOCS | DOXIMITY INC | 653324 | $13.5M | 0.10% | -5.6% |
| 41 | PAYC | PAYCOM SOFTWARE INC | 100763 | $12.7M | 0.09% | -54.1% |