Fundsmith LLP

LONDON, X0 · CIK 0001569205

Portfolio Value: $21.07B

Positions: 46

Period: 2022-09-30

Filed: 2022-11-14

Portfolio Value

$21.07B

Positions

New

Increased

Decreased

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Fundsmith LLP Q3 2022 13F Filing Summary

Fundsmith LLP (LONDON, X0) reported a portfolio value of $21.07B across 46 positions in their Q3 2022 SEC 13F filing (period ending 2022-09-30). Top holdings include MSFT ($2.16B), PM ($1.37B), EL ($1.29B). The top 10 positions account for 60.1% of the portfolio. This quarter saw 4 new positions, 29 increases, 8 reductions, 20 complete exits. Notable new buys: OTIS ($401.04M), AAPL ($63.09M), IEX ($19.17M). Notable exits: WING, SBUX, AOS.

All Holdings

#	Stock	CUSIP	Value↓	Shares	Weight	Change
1	MSFTMICROSOFT CORP COM	594918104	$2.16B	9,284,614	10.26%	-7.3%
2	PMPHILIP MORRIS INTERNATIONAL COM	718172109	$1.37B	16,489,067	6.50%	+0.1%
3	ELESTEE LAUDER COMPANIES CL A CL A	518439104	$1.29B	5,955,974	6.10%	+0.1%
4	ADPAUTOMATIC DATA PROCESSING COM	53015103	$1.26B	5,571,678	5.98%	+0.1%
5	IEXIDEXX LABORATORIES INC COM	45168D104	$1.18B	3,620,777	5.60%	+0.1%
6	PEPPEPSICO INC COM	713448108	$1.17B	7,144,313	5.54%	+0.1%
7	SYKSTRYKER CORP COM	863667101	$1.14B	5,628,569	5.41%	-7.0%
8	MKCMCCORMICK & CO NON VTG SHRS COM NON VTG	579780206	$1.11B	15,506,721	5.25%	+0.1%
9	VVISA INC CLASS A SHARES COM CL A	92826C839	$1.00B	5,635,390	4.75%	+0.1%
10	WATWATERS CORP COM	941848103	$995.43M	3,693,197	4.73%	+0.1%
11	BF-ABROWN FORMAN CORP CLASS B CL B	115637209	$813.91M	12,226,340	3.86%	+0.1%
12	AMZNAMAZON COM ORD COM	23135106	$766.63M	6,784,322	3.64%	+0.1%
13	METAMETA PLATFORMS INC-CLASS A CL A	30303M102	$743.57M	5,480,284	3.53%	+0.1%
14	GOOGLALPHABET CL A ORD CAP STK CL A	02079K305	$730.08M	7,632,828	3.47%	+1902.0%
15	INTUINTUIT INC COM	461202103	$657.15M	1,696,667	3.12%	-28.5%
16	MTDMETTLER TOLEDO ORD COM	592688105	$608.69M	561,456	2.89%	+3.9%
17	CHDCHURCH AND DWIGHT ORD COM	171340102	$604.24M	8,458,025	2.87%	+0.2%
18	ADBEADOBE ORD COM	00724F101	$581.03M	2,111,297	2.76%	+0.1%
19	NKENIKE INC CL B CL B	654106103	$559.76M	6,734,408	2.66%	+0.1%
20	PYPLPAYPAL HOLDINGS INC COM	70450Y103	$482.96M	5,611,242	2.29%	-41.9%
21	OTISOTIS WORLDWIDE ORD COM	68902V107	$401.04M	6,285,878	1.90%	New
22	VRSNVERISIGN INC COM	9.2343e+106	$117.34M	675,533	0.56%	+1.2%
23	SABRSABRE CORP COM	78573M104	$117.07M	22,732,769	0.56%	+1.2%
24	FTNTFORTINET ORD COM	3.4959e+113	$113.78M	2,315,857	0.54%	+1.2%
25	MASIMASIMO CORP COM	574795100	$108.01M	765,161	0.51%	+1.2%
26	QLYSQUALYS INC COM	74758T303	$92.19M	661,420	0.44%	-28.9%
27	VRSKVERISK ANALYTICS INC COM	92345Y106	$90.50M	530,677	0.43%	+1.1%
28	MSCIMSCI INC COM	55354G100	$89.23M	211,551	0.42%	+1.2%
29	CGNXCOGNEX CORP COM	192422103	$85.47M	2,062,083	0.41%	+1.2%
30	EFXEQUIFAX INC COM	294429105	$85.00M	495,850	0.40%	+1.2%
31	IPGPIPG PHOTONICS CORP COM	44980X109	$72.14M	855,203	0.34%	+1.2%
32	AAPLAAPL US COM	37833100	$63.09M	456,485	0.30%	New
33	ANSSANSYS INC COM	03662Q105	$60.87M	274,559	0.29%	-27.6%
34	ROLROLLINS ORD COM	775711104	$59.93M	1,728,084	0.28%	-8.0%
35	PAYCPAYCOM SOFTWARE INC COM	70432V102	$53.23M	161,308	0.25%	-36.9%
36	JNJJOHNSON & JOHNSON COM	478160104	$44.90M	274,847	0.21%	+0.5%
37	HDHOME DEPOT ORD COM	437076102	$42.01M	152,255	0.20%	+0.5%
38	PGPROCTER & GAMBLE ORD COM	742718109	$39.67M	314,211	0.19%	+0.5%
39	ZTSZOETIS CL A ORD CL A	98978V103	$33.10M	223,185	0.16%	+0.5%
40	MELIMERCADOLIBRE COM	58733R102	$20.05M	24,225	0.10%	-
41	IEXIDEX ORD COM	45167R104	$19.17M	95,928	0.09%	New
42	WNSWNS HOLDINGS - ADR SPONSORED ADS	92932M101	$15.81M	193,179	0.08%	-
43	GGenpact Ltd SHS	G3922B107	$13.89M	317,337	0.07%	-
44	TSMTaiwan Semiconductor Manufacturing US ADR SPONSORED ADS	874039100	$10.66M	155,558	0.05%	-
45	XPXP CLASS A CL A	G98239109	$4.82M	253,367	0.02%	-
46	EWEDWARDS LIFESCIENCES ORD COM	2.8176e+112	$825.00K	9,979	0.00%	New

Position Changes

Stock	Value	Shares
OTISOTIS WORLDWIDE ORD	$401.04M	6,285,878
AAPLAAPL US	$63.09M	456,485
IEXIDEX ORD	$19.17M	95,928
EWEDWARDS LIFESCIENCES ORD	$825.00K	9,979