Fundsmith LLP

LONDON, X0 · CIK 0001569205

Portfolio Value: $31.44B

Positions: 42

Period: 2021-03-31

Filed: 2021-05-14

Portfolio Value

$31.44B

Positions

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Increased

Decreased

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Fundsmith LLP Q1 2021 13F Filing Summary

Fundsmith LLP (LONDON, X0) reported a portfolio value of $31.44B across 42 positions in their Q1 2021 SEC 13F filing (period ending 2021-03-31). Top holdings include PYPL ($2.99B), MSFT ($2.84B), IEX ($2.07B). The top 10 positions account for 63.3% of the portfolio. This quarter saw 3 new positions, 29 increases, 8 reductions, 14 complete exits. Notable new buys: ROL ($63.42M), WING ($56.92M), HD ($1.61M). Notable exits: CHKP, CLX, MMM.

All Holdings

#	Stock	CUSIP	Value↓	Shares	Weight	Change
1	PYPLPAYPAL HOLDINGS INC COM	70450Y103	$2.99B	12,304,750	9.50%	-0.2%
2	MSFTMICROSOFT COM	594918104	$2.84B	12,049,293	9.04%	-0.2%
3	IEXIDEXX LABORATORIES COM	45168D104	$2.07B	4,220,612	6.57%	-0.1%
4	ELESTEE LAUDER CL A	518439104	$1.98B	6,807,070	6.30%	+0.3%
5	METAFACEBOOK CL A	30303M102	$1.89B	6,433,648	6.03%	+0.2%
6	INTUINTUIT INC COM	461202103	$1.75B	4,577,260	5.58%	-0.2%
7	PMPHILIP MORRIS INTERNATIONAL COM	718172109	$1.72B	19,388,572	5.47%	-0.4%
8	SYKSTRYKER CORP COM	863667101	$1.71B	7,006,486	5.43%	+5.6%
9	MKCMCCORMICK & CO NON VTG SHRS COM NON VTG	579780206	$1.54B	17,220,169	4.88%	+6.7%
10	PEPPEPSICO INC COM	713448108	$1.42B	10,033,062	4.51%	+4.0%
11	VVISA INC CLASS A SHARES COM CL A	92826C839	$1.37B	6,492,332	4.37%	+6.0%
12	ADPAUTOMATIC DATA PROCESSING COM	53015103	$1.34B	7,113,605	4.26%	+0.4%
13	WATWATERS CORP COM	941848103	$1.25B	4,393,544	3.97%	-0.4%
14	SBUXSTARBUCKS CORP COM	855244109	$1.17B	10,720,429	3.73%	+2.7%
15	JNJJOHNSON & JOHNSON COM	478160104	$1.09B	6,640,844	3.47%	+3.9%
16	BDXBECTON DICKINSON AND CO COM	75887109	$1.05B	4,334,871	3.35%	-0.2%
17	NKENIKE INC CL B CL B	654106103	$1.05B	7,927,468	3.35%	+2.5%
18	BF-ABROWN FORMAN CORP CLASS B CL B	115637209	$774.65M	11,231,696	2.46%	+9.5%
19	CHDCHURCH & DWIGHT INC COM	171340102	$543.61M	6,223,361	1.73%	+10.5%
20	SABRSABRE COM	78573M104	$221.14M	14,931,624	0.70%	+9.7%
21	FTNTFORTINET INC COM	3.4959e+113	$137.93M	747,908	0.44%	+0.4%
22	CGNXCOGNEX COM	192422103	$133.72M	1,611,251	0.43%	+0.4%
23	IPGPIPG PHOTONICS COM	44980X109	$132.89M	629,987	0.42%	+0.4%
24	VRSKVERISK ANALYTICS COM	92345Y106	$123.65M	699,816	0.39%	+15.1%
25	EFXEQUIFAX COM	294429105	$122.37M	675,592	0.39%	+0.4%
26	ANSSANSYS COM	03662Q105	$121.77M	358,608	0.39%	+0.4%
27	AOSAO SMITH COM	831865209	$118.89M	1,758,436	0.38%	+18.1%
28	VRSNVERISIGN COM	9.2343e+106	$116.34M	585,315	0.37%	+17.4%
29	QLYSQUALYS COM	74758T303	$111.18M	1,061,066	0.35%	+13.6%
30	MASIMASIMO COM	574795100	$99.00M	431,063	0.31%	+0.4%
31	MSCIMSCI COM	55354G100	$87.47M	208,613	0.28%	+0.4%
32	PAYCPAYCOM SOFTWARE COM	70432V102	$79.91M	215,932	0.25%	+0.4%
33	ROLROLLINS INC COM	775711104	$63.42M	1,842,427	0.20%	New
34	WINGWINGSTOP INC COM	974155103	$56.92M	447,555	0.18%	New
35	MARMARRIOTT INTERNATIONAL CL A CL A	571903202	$43.87M	296,181	0.14%	+6.6%
36	MELIMERCADOLIBRE COM	58733R102	$35.66M	24,225	0.11%	-15.0%
37	ZTSZOETIS INC CL A	98978V103	$33.42M	212,207	0.11%	+75.4%
38	TSMTAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS	874039100	$13.96M	117,981	0.04%	-
39	PGPROCTER AND GAMBLE CO COM	742718109	$11.45M	84,563	0.04%	+121.5%
40	XPXP CLASS A CL A	G98239109	$9.54M	253,367	0.03%	-
41	CLCOLGATE PALMOLIVE CO COM	194162103	$9.46M	120,029	0.03%	+7.1%
42	HDHOME DEPOT INC COM	437076102	$1.61M	5,265	0.01%	New

Position Changes

Stock	Value	Shares
ROLROLLINS INC	$63.42M	1,842,427
WINGWINGSTOP INC	$56.92M	447,555
HDHOME DEPOT INC	$1.61M	5,265