13F Insight
Investor profile · Q1 2026 13F

Terry Smith’s Portfolio

Founder & CIO · Fundsmith

Britain's best-known quality investor — 'buy good companies, don't overpay, do nothing.' The 13F shows the U.S. holdings of his global equity strategy.

Portfolio value
$12.83B
Holdings
34
Last 13F filed
May 15, 2026
Report quarter
Q1 2026

Fundsmith LLP reported $12.8B in 13F holdings for the quarter ending 2026-03-31, concentrated in healthcare with leading positions in MAR, SYK, WAT. Read the full Q1 2026 analysis →

Top holdings

1MARMarriott Intl Inc New$1.10B8.6%2SYKStryker Corporation$1.01B7.8%3WATWaters Corp$956.56M7.5%4VVisa Inc$938.18M7.3%5GOOGLAlphabet Inc$850.08M6.6%6PMPhilip Morris Intl Inc$845.41M6.6%7IDXXIdexx Labs Inc$823.61M6.4%8ADPAutomatic Data Processing In$783.28M6.1%9MSFTMicrosoft Corp$769.86M6.0%10METAMeta Platforms Inc$756.00M5.9%
Full holdings, history & AI analysis on the Fundsmith page →

Data source: Fundsmith’s SEC Form 13F-HR filings, most recently filed May 15, 2026. 13F filings disclose long U.S. equity positions only, with up to a 45-day lag. How we process this data →