Terry Smith — Recent Sells

Fundsmith · Sold and reduced positions in the Q2 '26 13F filing.

Filed August 14, 2026 · Last updated

Terry Smith fully exited 6 positions and reduced 20 existing holdings in the Q2 '26 filing — a combined sell footprint of approximately $3.42B. Largest exit: METTLER TOLEDO INTERNATIONAL (was $717.0M).

Fully exited (6)

TickerCompanyPrev SharesPrev ValuePrev % Portfolio
MTDMETTLER TOLEDO INTERNATIONAL568516$717.0M5.59%
ZTSZOETIS INC3877559$458.4M3.57%
OTISOTIS WORLDWIDE CORP2731635$210.6M1.64%
CPRXCATALYST PHARMACEUTICALS INC844887$20.9M0.16%
QLYSQUALYS INC226077$19.9M0.15%
HDHOME DEPOT INC28611$9.4M0.07%

Reduced positions (20)

TickerCompanyShares NowValue Now% PortfolioChange
MARMARRIOTT INTL INC NEW2585757$958.3M7.02%-23.3%
SYKSTRYKER CORPORATION2913833$917.4M6.72%-4.8%
WATWATERS CORP2273632$852.7M6.25%-29.2%
VVISA INC2019810$693.0M5.08%-34.9%
GOOGLALPHABET INC1773354$633.7M4.64%-40.0%
CHDCHURCH & DWIGHT CO INC6456634$625.5M4.58%-2.8%
PGPROCTER & GAMBLE CO4078371$598.1M4.38%-2.9%
MSFTMICROSOFT CORP1596737$595.6M4.36%-23.2%
METAMETA PLATFORMS INC1051876$592.5M4.34%-20.4%
ADPAUTOMATIC DATA PROCESSING IN2601567$582.6M4.27%-32.5%
FTNTFORTINET INC3629938$557.6M4.09%-41.0%
IDXXIDEXX LABS INC1019887$536.9M3.93%-30.4%
TXNTEXAS INSTRS INC1799182$536.3M3.93%-31.4%
PMPHILIP MORRIS INTL INC2913693$527.1M3.86%-43.0%
MSCIMSCI INC53580$30.0M0.22%-17.3%
MEDPMEDPACE HLDGS INC52372$27.7M0.20%-16.4%
NTNXNUTANIX INC538281$27.4M0.20%-6.8%
VRTVERTIV HOLDINGS CO41893$14.0M0.10%-54.1%
DOCSDOXIMITY INC653324$13.5M0.10%-5.6%
PAYCPAYCOM SOFTWARE INC100763$12.7M0.09%-54.1%
Full portfolio →Recent buys →Most sold stocks this quarter →