Fundsmith LLP reported 41 positions worth $13.65B for the quarter ended Jun 30, 2026, up 6.6% on the prior quarter. It opened 13 new positions, added to 4, trimmed 21 and exited 5. Its largest holding is Marriott International Inc at 7% of the portfolio.
Reported 13F market value at each quarter end. A change mixes trading with price moves in the positions held.
Dollar value of shares bought and sold each quarter, at that quarter’s price. It counts trading only, not price changes.
How many positions were opened, added to, trimmed or closed each quarter.
Share of reported value in each sector at every quarter end.
| Holding | Change | Trade Value | Weight |
|---|---|---|---|
| UBER Uber Technologies, Inc | +8.94M | $645.34M | 4.73% |
| MA Mastercard Inc | +1.25M | $639.46M | 4.69% |
| TSM Taiwan Semiconductor Manufacturing Co Ltd | +1.15M | $548.46M | 4.02% |
| NFLX Netflix Inc | +6.99M | $499.11M | 3.66% |
| GEV GE Vernova Inc. | +409.8K | $481.50M | 3.53% |
| APP AppLovin Corp | +696.6K | $358.89M | 2.63% |
| TJX Tjx Companies Inc | +2.27M | $344.30M | 2.52% |
| NXT Nextpower Inc. | +2.86M | $340.27M | 2.49% |
| VEEV Veeva Systems Inc | +816.8K | $144.95M | 1.06% |
| YUM Yum Brands Inc | +556.1K | $88.90M | 0.651% |
| Holding | Change | Trade Value | Weight |
|---|---|---|---|
| MTD Mettler Toledo International Inc/ | -568.5K -100.0% | $717.01M | Exited |
| ZTS Zoetis Inc. | -3.88M -100.0% | $458.37M | Exited |
| GOOGL Alphabet Inc. | -1.18M -40.0% | $422.71M | 4.64% |
| PM Philip Morris International Inc. | -2.20M -43.0% | $397.91M | 3.86% |
| FTNT Fortinet, Inc. | -2.53M -41.0% | $388.16M | 4.09% |
| V Visa Inc. | -1.08M -34.9% | $372.01M | 5.08% |
| WAT Waters Corp | -938.4K -29.2% | $351.95M | 6.25% |
| MAR Marriott International Inc | -785.1K -23.3% | $290.96M | 7.02% |
| ADP Automatic Data Processing Inc | -1.25M -32.5% | $280.73M | 4.27% |
| TXN Texas Instruments Inc | -823.9K -31.4% | $245.59M | 3.93% |
| Holding | Shares | Trade Value | Weight |
|---|---|---|---|
| UBER Uber Technologies, Inc | +8.94M | $645.34M | 4.73% |
| MA Mastercard Inc | +1.25M | $639.46M | 4.69% |
| TSM Taiwan Semiconductor Manufacturing Co Ltd | +1.15M | $548.46M | 4.02% |
| NFLX Netflix Inc | +6.99M | $499.11M | 3.66% |
| GEV GE Vernova Inc. | +409.8K | $481.50M | 3.53% |
| APP AppLovin Corp | +696.6K | $358.89M | 2.63% |
| TJX Tjx Companies Inc | +2.27M | $344.30M | 2.52% |
| NXT Nextpower Inc. | +2.86M | $340.27M | 2.49% |
| VEEV Veeva Systems Inc | +816.8K | $144.95M | 1.06% |
| YUM Yum Brands Inc | +556.1K | $88.90M | 0.651% |
| # | Activity | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| 1 | MAR Marriott International Inc | Consumer Discretionary | 2.59M | $958.26M | 7.02% | -785.1K | -23.3% | Reduced | 0.98% |
| 2 | SYK Stryker Corp | Healthcare | 2.91M | $917.39M | 6.72% | -147.6K | -4.8% | Reduced | 0.76% |
| 3 | WAT Waters Corp | Healthcare | 2.27M | $852.70M | 6.25% | -938.4K | -29.2% | Reduced | 2.32% |
| 4 | V Visa Inc. | Financial Services | 2.02M | $692.98M | 5.08% | -1.08M | -34.9% | Reduced | 0.12% |
| 5 | UBER Uber Technologies, Inc | Technology | 8.94M | $645.34M | 4.73% | +8.94M | – | New | 0.44% |
| 6 | MA Mastercard Inc | Financial Services | 1.25M | $639.46M | 4.69% | +1.25M | – | New | 0.14% |
| 7 | GOOGL Alphabet Inc. | Technology | 1.77M | $633.74M | 4.64% | -1.18M | -40.0% | Reduced | 0.03% |
| 8 | CHD Church & Dwight Co Inc | Consumer Staples | 6.46M | $625.52M | 4.58% | -184.9K | -2.8% | Reduced | 2.72% |
| 9 | PG PROCTER & GAMBLE Co | Consumer Staples | 4.08M | $598.05M | 4.38% | -121.5K | -2.9% | Reduced | 0.17% |
| 10 | MSFT Microsoft Corp | Technology | 1.60M | $595.61M | 4.36% | -483.0K | -23.2% | Reduced | 0.02% |
| 11 | META Meta Platforms, Inc. | Technology | 1.05M | $592.51M | 4.34% | -269.5K | -20.4% | Reduced | 0.05% |
| 12 | ADP Automatic Data Processing Inc | Technology | 2.60M | $582.62M | 4.27% | -1.25M | -32.5% | Reduced | 0.65% |
| 13 | FTNT Fortinet, Inc. | Technology | 3.63M | $557.63M | 4.09% | -2.53M | -41.0% | Reduced | 0.49% |
| 14 | TSM Taiwan Semiconductor Manufacturing Co Ltd | Technology | 1.15M | $548.46M | 4.02% | +1.15M | – | New | 0.02% |
| 15 | IDXX Idexx Laboratories Inc | Healthcare | 1.02M | $536.91M | 3.93% | -445.9K | -30.4% | Reduced | 1.29% |
Tip. Select a row to see that position’s full history at Fundsmith LLP.
As of its Q2 2026 13F filing, Fundsmith LLP’s five largest positions were Marriott International Inc (MAR) at 7.0%, Stryker Corp (SYK) at 6.7%, Waters Corp (WAT) at 6.2%, Visa Inc. (V) at 5.1%, Uber Technologies, Inc (UBER) at 4.7% of the reported portfolio.
Fundsmith LLP reported a 13F portfolio worth $13.65B across 41 positions for Q2 2026. That is up 6.6% from the previous quarter.
Its largest purchases by value were Uber Technologies, Inc ($645.34M), Mastercard Inc ($639.46M), Taiwan Semiconductor Manufacturing Co Ltd ($548.46M). It opened 13 new positions.
Its largest sales by value were Mettler Toledo International Inc/ ($717.01M), Zoetis Inc. ($458.37M), Alphabet Inc. ($422.71M). It exited 5 positions entirely.
From the Form 13F-HR reports Fundsmith LLP files with the SEC each quarter, within 45 days of quarter end. A 13F lists long positions in US-listed equities and options; it excludes short positions, cash, bonds and most non-US holdings.
13F data reflects long positions in US-listed equities and options as reported to the SEC up to 45 days after quarter end. It excludes short positions, cash, bonds and most non-US securities, so it is not a complete picture of a manager’s assets.