Fundsmith LLP

LONDON, X0 · CIK 0001569205

Portfolio Value: $29.12B

Positions: 44

Period: 2022-03-31

Filed: 2022-05-16

Portfolio Value

$29.12B

Positions

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Increased

Decreased

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Fundsmith LLP Q1 2022 13F Filing Summary

Fundsmith LLP (LONDON, X0) reported a portfolio value of $29.12B across 44 positions in their Q1 2022 SEC 13F filing (period ending 2022-03-31). Top holdings include MSFT ($3.09B), IEX ($1.98B), EL ($1.58B). The top 10 positions account for 56.9% of the portfolio. This quarter saw 2 new positions, 7 increases, 29 reductions, 18 complete exits. Notable new buys: ADBE ($876.25M), MTD ($566.58M). Notable exits: AOS, CL, BDX.

All Holdings

#	Stock	CUSIP	Value↓	Shares	Weight	Change
1	MSFTMICROSOFT CORP COM	594918104	$3.09B	10,018,432	10.61%	-22.9%
2	IEXIDEXX LABORATORIES INC COM	45168D104	$1.98B	3,618,062	6.80%	-14.7%
3	ELESTEE LAUDER COMPANIES CL A CL A	518439104	$1.58B	5,794,870	5.42%	-19.1%
4	SYKSTRYKER CORP COM	863667101	$1.56B	5,846,171	5.37%	-19.4%
5	PMPHILIP MORRIS INTERNATIONAL COM	718172109	$1.55B	16,457,291	5.31%	-19.4%
6	MKCMCCORMICK & CO NON VTG SHRS COM NON VTG	579780206	$1.55B	15,486,666	5.31%	-18.1%
7	INTUINTUIT INC COM	461202103	$1.45B	3,006,900	4.97%	-19.4%
8	PEPPEPSICO INC COM	713448108	$1.31B	7,807,921	4.49%	-25.1%
9	ADPAUTOMATIC DATA PROCESSING COM	53015103	$1.27B	5,562,848	4.35%	-21.6%
10	VVISA INC CLASS A SHARES COM CL A	92826C839	$1.25B	5,628,028	4.29%	-18.1%
11	METAMETA PLATFORMS INC-CLASS A CL A	30303M102	$1.22B	5,476,931	4.18%	-19.5%
12	PYPLPAYPAL HOLDINGS INC COM	70450Y103	$1.21B	10,476,837	4.16%	-19.5%
13	WATWATERS CORP COM	941848103	$1.14B	3,687,572	3.93%	-18.3%
14	AMZNAMAZON COM ORD COM	23135106	$1.10B	338,898	3.79%	-20.3%
15	GOOGLALPHABET CL A ORD CAP STK CL A	02079K305	$1.06B	380,432	3.63%	-9.2%
16	NKENIKE INC CL B CL B	654106103	$905.11M	6,726,427	3.11%	-23.2%
17	ADBEADOBE ORD COM	00724F101	$876.25M	1,923,197	3.01%	New
18	CHDCHURCH AND DWIGHT ORD COM	171340102	$838.58M	8,438,079	2.88%	-27.6%
19	BF-ABROWN FORMAN CORP CLASS B CL B	115637209	$789.76M	11,784,004	2.71%	-23.7%
20	SBUXSTARBUCKS CORP COM	855244109	$749.01M	8,233,643	2.57%	-28.9%
21	MTDMETTLER TOLEDO ORD COM	592688105	$566.58M	412,603	1.95%	New
22	SABRSABRE CORP COM	78573M104	$259.16M	22,673,573	0.89%	+0.0%
23	FTNTFORTINET ORD COM	3.4959e+113	$157.88M	461,993	0.54%	-27.3%
24	VRSKVERISK ANALYTICS INC COM	92345Y106	$151.25M	704,713	0.52%	-11.3%
25	ANSSANSYS INC COM	03662Q105	$147.93M	465,713	0.51%	+0.0%
26	CGNXCOGNEX CORP COM	192422103	$147.13M	1,907,048	0.51%	+5.2%
27	VRSNVERISIGN INC COM	9.2343e+106	$139.37M	626,508	0.48%	-9.8%
28	QLYSQUALYS INC COM	74758T303	$133.70M	938,828	0.46%	-12.5%
29	EFXEQUIFAX INC COM	294429105	$117.29M	494,685	0.40%	-27.6%
30	MASIMASIMO CORP COM	574795100	$110.77M	761,096	0.38%	+74.6%
31	MSCIMSCI INC COM	55354G100	$106.11M	211,000	0.36%	+0.0%
32	WINGWINGSTOP ORD COM	974155103	$97.70M	832,538	0.34%	+47.6%
33	IPGPIPG PHOTONICS CORP COM	44980X109	$93.62M	852,972	0.32%	-
34	PAYCPAYCOM SOFTWARE INC COM	70432V102	$89.39M	258,063	0.31%	+18.2%
35	ROLROLLINS ORD COM	775711104	$79.99M	2,282,107	0.27%	-12.9%
36	PGPROCTER & GAMBLE ORD COM	742718109	$47.42M	310,330	0.16%	-16.4%
37	HDHOME DEPOT ORD COM	437076102	$44.32M	148,076	0.15%	-7.2%
38	JNJJOHNSON & JOHNSON COM	478160104	$42.97M	242,435	0.15%	-96.6%
39	ZTSZOETIS CL A ORD CL A	98978V103	$41.57M	220,428	0.14%	-16.4%
40	MELIMERCADOLIBRE COM	58733R102	$28.82M	24,225	0.10%	-
41	WNSWNS HOLDINGS - ADR SPONSORED ADS	92932M101	$16.52M	193,179	0.06%	-
42	TSMTaiwan Semiconductor Manufacturing US ADR SPONSORED ADS	874039100	$14.78M	141,721	0.05%	-
43	GGenpact Ltd SHS	G3922B107	$13.81M	317,337	0.05%	-
44	XPXP CLASS A CL A	G98239109	$7.63M	253,367	0.03%	-

Position Changes

Stock	Value	Shares
ADBEADOBE ORD	$876.25M	1,923,197
MTDMETTLER TOLEDO ORD	$566.58M	412,603