What Terry Smith Bought in Q3 2025
Fundsmith · Quarterly 13F recap as filed with the SEC.
Period: 2025-09-30 · Filed · Historical
$19.80B
Total Value
35
Holdings
0
New Buys
11
Reduced
In Q3 2025, Terry Smith reported 35 long equity positions worth $19.80B in their Fundsmith 13F filing and 12 increased positions.
| Rank | Ticker | Company | Shares | Value | % Portfolio | Change |
|---|---|---|---|---|---|---|
| 1 | SYK | STRYKER CORPORATION | 4591293 | $1.70B | 8.57% | -1.8% |
| 2 | IDXX | IDEXX LABS INC | 2610457 | $1.67B | 8.43% | -1.1% |
| 3 | GOOGL | ALPHABET INC | 6289352 | $1.53B | 7.72% | -7.6% |
| 4 | MSFT | MICROSOFT CORP | 2583369 | $1.34B | 6.76% | -47.7% |
| 5 | V | VISA INC | 3854336 | $1.32B | 6.65% | +0.0% |
| 6 | ADP | AUTOMATIC DATA PROCESSING IN | 4311603 | $1.27B | 6.39% | -1.2% |
| 7 | WAT | WATERS CORP | 3955498 | $1.19B | 5.99% | +9.6% |
| 8 | PM | PHILIP MORRIS INTL INC | 7188144 | $1.17B | 5.89% | -20.8% |
| 9 | META | META PLATFORMS INC | 1558664 | $1.14B | 5.78% | -56.3% |
| 10 | MAR | MARRIOTT INTL INC NEW | 4228298 | $1.10B | 5.56% | -0.2% |
| 11 | MTD | METTLER TOLEDO INTERNATIONAL | 590654 | $725.1M | 3.66% | +0.1% |
| 12 | FTNT | FORTINET INC | 8420092 | $708.0M | 3.58% | +0.0% |
| 13 | PG | PROCTER AND GAMBLE CO | 4577040 | $703.3M | 3.55% | +0.1% |
| 14 | CHD | CHURCH & DWIGHT CO INC | 6794644 | $595.4M | 3.01% | -0.4% |
| 15 | OTIS | OTIS WORLDWIDE CORP | 5819151 | $532.0M | 2.69% | — |
| 16 | ZTS | ZOETIS INC | 3615131 | $529.0M | 2.67% | +25.3% |
| 17 | TXN | TEXAS INSTRS INC | 2721881 | $500.1M | 2.53% | +0.1% |
| 18 | NKE | NIKE INC | 6129483 | $427.4M | 2.16% | — |
| 19 | INTU | INTUIT | 604456 | $412.8M | 2.09% | +64.0% |
| 20 | QLYS | QUALYS INC | 870859 | $115.2M | 0.58% | +21.2% |
| 21 | PAYC | PAYCOM SOFTWARE INC | 523433 | $108.9M | 0.55% | +26.6% |
| 22 | DOCS | DOXIMITY INC | 1355944 | $99.2M | 0.50% | — |
| 23 | MSCI | MSCI INC | 166619 | $94.5M | 0.48% | — |
| 24 | VRT | VERTIV HOLDINGS CO | 591450 | $89.2M | 0.45% | -18.4% |
| 25 | ODD | ODDITY TECH LTD | 1416956 | $88.3M | 0.45% | — |
| 26 | ROL | ROLLINS INC | 1478629 | $86.9M | 0.44% | — |
| 27 | GGG | GRACO INC | 900545 | $76.5M | 0.39% | — |
| 28 | NSSC | NAPCO SEC TECHNOLOGIES INC | 1779857 | $76.4M | 0.39% | 86.4% |
| 29 | VRSN | VERISIGN INC | 270634 | $75.7M | 0.38% | — |
| 30 | CLX | CLOROX CO DEL | 613497 | $75.6M | 0.38% | — |
| 31 | CPRX | CATALYST PHARMACEUTICALS INC | 3363807 | $66.3M | 0.33% | +24.2% |
| 32 | MEDP | MEDPACE HLDGS INC | 127537 | $65.6M | 0.33% | — |
| 33 | MANH | MANHATTAN ASSOCIATES INC | 288332 | $59.1M | 0.30% | — |
| 34 | SABR | SABRE CORP | 21499095 | $39.3M | 0.20% | — |
| 35 | HD | HOME DEPOT INC | 84860 | $34.4M | 0.17% | +1.8% |