Fundsmith LLP

LONDON, X0 · CIK 0001569205

Portfolio Value: $21.90B

Positions: 38

Period: 2022-12-31

Filed: 2023-02-14

Portfolio Value

$21.90B

Positions

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Fundsmith LLP Q4 2022 13F Filing Summary

Fundsmith LLP (LONDON, X0) reported a portfolio value of $21.90B across 38 positions in their Q4 2022 SEC 13F filing (period ending 2022-12-31). Top holdings include MSFT ($2.17B), PM ($1.67B), EL ($1.41B). The top 10 positions account for 65.1% of the portfolio. This quarter saw 6 increases, 31 reductions, 28 complete exits. Notable exits: PYPL, INTU, G.

All Holdings

#	Stock	CUSIP	Value↓	Shares	Weight	Change
1	MSFTMICROSOFT CORP COM	594918104	$2.17B	9,030,036	9.89%	-2.7%
2	PMPHILIP MORRIS INTERNATIONAL COM	718172109	$1.67B	16,476,088	7.62%	-0.1%
3	ELESTEE LAUDER COMPANIES CL A CL A	518439104	$1.41B	5,679,620	6.44%	-4.6%
4	IEXIDEXX LABORATORIES INC COM	45168D104	$1.40B	3,443,732	6.42%	-4.9%
5	SYKSTRYKER CORP COM	863667101	$1.37B	5,607,041	6.26%	-0.4%
6	ADPAUTOMATIC DATA PROCESSING COM	53015103	$1.32B	5,540,720	6.04%	-0.6%
7	MKCMCCORMICK & CO NON VTG SHRS COM NON VTG	579780206	$1.28B	15,495,211	5.87%	-0.1%
8	WATWATERS CORP COM	941848103	$1.26B	3,689,697	5.77%	-0.1%
9	PEPPEPSICO INC COM	713448108	$1.20B	6,657,120	5.49%	-6.8%
10	VVISA INC CLASS A SHARES COM CL A	92826C839	$1.17B	5,612,145	5.33%	-0.4%
11	MTDMETTLER TOLEDO ORD COM	592688105	$810.75M	560,900	3.70%	-0.1%
12	BF-ABROWN FORMAN CORP CLASS B CL B	115637209	$797.80M	12,146,796	3.64%	-0.7%
13	NKENIKE INC CL B CL B	654106103	$787.04M	6,726,271	3.59%	-0.1%
14	ADBEADOBE ORD COM	00724F101	$709.85M	2,109,326	3.24%	-0.1%
15	CHDCHURCH AND DWIGHT ORD COM	171340102	$680.88M	8,446,572	3.11%	-0.1%
16	GOOGLALPHABET CL A ORD CAP STK CL A	02079K305	$672.87M	7,626,313	3.07%	-0.1%
17	METAMETA PLATFORMS INC-CLASS A CL A	30303M102	$659.09M	5,476,865	3.01%	-0.1%
18	AMZNAMAZON COM ORD COM	23135106	$569.34M	6,777,831	2.60%	-0.1%
19	OTISOTIS WORLDWIDE ORD COM	68902V107	$491.84M	6,280,677	2.25%	-0.1%
20	SABRSABRE CORP COM	78573M104	$140.33M	22,707,687	0.64%	-0.1%
21	VRSNVERISIGN INC COM	9.2343e+106	$138.63M	674,791	0.63%	-0.1%
22	FTNTFORTINET ORD COM	3.4959e+113	$113.10M	2,313,303	0.52%	-0.1%
23	MASIMASIMO CORP COM	574795100	$113.08M	764,319	0.52%	-0.1%
24	MSCIMSCI INC COM	55354G100	$98.30M	211,317	0.45%	-0.1%
25	CGNXCOGNEX CORP COM	192422103	$97.04M	2,059,788	0.44%	-0.1%
26	EFXEQUIFAX INC COM	294429105	$96.27M	495,301	0.44%	-0.1%
27	VRSKVERISK ANALYTICS INC COM	92345Y106	$93.52M	530,087	0.43%	-0.1%
28	IPGPIPG PHOTONICS CORP COM	44980X109	$80.87M	854,259	0.37%	-0.1%
29	QLYSQUALYS INC COM	74758T303	$73.89M	658,407	0.34%	-0.5%
30	ROLROLLINS ORD COM	775711104	$63.07M	1,726,161	0.29%	-0.1%
31	AAPLApple COM	37833100	$60.97M	469,234	0.28%	+2.8%
32	IEXIDEX ORD COM	45167R104	$60.22M	263,740	0.28%	+174.9%
33	PAYCPAYCOM SOFTWARE INC COM	70432V102	$49.96M	161,007	0.23%	-0.2%
34	JNJJOHNSON & JOHNSON COM	478160104	$48.72M	275,797	0.22%	+0.3%
35	HDHOME DEPOT ORD COM	437076102	$48.25M	152,766	0.22%	+0.3%
36	PGPROCTER & GAMBLE ORD COM	742718109	$47.79M	315,297	0.22%	+0.3%
37	ZTSZOETIS CL A ORD CL A	98978V103	$32.82M	223,956	0.15%	+0.3%
38	EWEDWARDS LIFESCIENCES ORD COM	2.8176e+112	$744.53K	9,979	0.00%	-

Position Changes

Stock	Value	Shares	Share Chg	% Chg
AAPLApple	$60.97M	469,234	+12.7K	+2.8%
IEXIDEX ORD	$60.22M	263,740	+167.8K	+174.9%
JNJJOHNSON & JOHNSON	$48.72M	275,797	+950	+0.3%
HDHOME DEPOT ORD	$48.25M	152,766	+511	+0.3%
PGPROCTER & GAMBLE ORD	$47.79M	315,297	+1.1K	+0.3%
ZTSZOETIS CL A ORD	$32.82M	223,956	+771	+0.3%