Fundsmith LLP

LONDON, X0 · CIK 0001569205

Portfolio Value: $23.89B

Positions: 40

Period: 2023-12-31

Filed: 2024-02-14

Portfolio Value

$23.89B

Positions

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Fundsmith LLP Q4 2023 13F Filing Summary

Fundsmith LLP (LONDON, X0) reported a portfolio value of $23.89B across 40 positions in their Q4 2023 SEC 13F filing (period ending 2023-12-31). Top holdings include MSFT ($2.99B), META ($1.77B), SYK ($1.65B). The top 10 positions account for 65.3% of the portfolio. This quarter saw 10 increases, 30 reductions, 30 complete exits. Notable exits: EL, MASI, AMZN.

All Holdings

#	Stock	CUSIP	Value↓	Shares	Weight	Change
1	MSFTMICROSOFT CORP COM	594918104	$2.99B	7,943,324	12.50%	-8.2%
2	METAMETA PLATFORMS INC-CLASS A CL A	30303M102	$1.77B	4,998,706	7.41%	-0.1%
3	SYKSTRYKER CORP COM	863667101	$1.65B	5,512,626	6.91%	-0.1%
4	IEXIDEXX LABORATORIES INC COM	45168D104	$1.51B	2,728,917	6.34%	-7.9%
5	VVISA INC CLASS A SHARES COM CL A	92826C839	$1.49B	5,738,531	6.25%	-0.3%
6	PMPHILIP MORRIS INTERNATIONAL COM	718172109	$1.41B	15,037,657	5.92%	-0.2%
7	ADPAUTOMATIC DATA PROCESSING COM	53015103	$1.36B	5,816,321	5.67%	+5.4%
8	WATWATERS CORP COM	941848103	$1.25B	3,800,688	5.24%	-0.2%
9	PEPPEPSICO INC COM	713448108	$1.13B	6,630,366	4.71%	-0.1%
10	MKCMCCORMICK & CO NON VTG SHRS COM NON VTG	579780206	$1.03B	15,090,383	4.32%	-1.5%
11	MARMARRIOTT INTERNATIONAL CL A CL A	571903202	$990.33M	4,391,506	4.15%	-0.1%
12	GOOGLALPHABET CL A ORD CAP STK CL A	02079K305	$980.26M	7,017,411	4.10%	-7.5%
13	NKENIKE INC CL B CL B	654106103	$725.84M	6,685,413	3.04%	-0.3%
14	PGPROCTER & GAMBLE ORD COM	742718109	$709.24M	4,839,932	2.97%	-0.1%
15	MTDMETTLER TOLEDO ORD COM	592688105	$688.47M	567,593	2.88%	-0.2%
16	CHDCHURCH AND DWIGHT ORD COM	171340102	$686.89M	7,264,116	2.88%	-0.1%
17	BF-ABROWN FORMAN CORP CLASS B CL B	115637209	$665.37M	11,652,706	2.79%	-3.6%
18	OTISOTIS WORLDWIDE ORD COM	68902V107	$576.38M	6,442,153	2.41%	-0.1%
19	FTNTFORTINET ORD COM	3.4959e+113	$429.13M	7,331,844	1.80%	+48.9%
20	AAPLApple COM	37833100	$256.95M	1,334,585	1.08%	+0.1%
21	VRSNVERISIGN INC COM	9.2343e+106	$136.25M	661,533	0.57%	-1.3%
22	VRSKVERISK ANALYTICS INC COM	92345Y106	$124.13M	519,672	0.52%	-1.3%
23	QLYSQUALYS INC COM	74758T303	$122.47M	623,955	0.51%	-4.6%
24	EFXEQUIFAX INC COM	294429105	$120.08M	485,569	0.50%	-1.3%
25	MSCIMSCI INC COM	55354G100	$117.18M	207,165	0.49%	-1.3%
26	GGGGRACO ORD COM	384109104	$104.74M	1,207,221	0.44%	-1.3%
27	SABRSABRE CORP COM	78573M104	$97.95M	22,261,537	0.41%	-1.3%
28	EXPOEXPONENT INC COM	30214U102	$94.95M	1,078,471	0.40%	-1.3%
29	CLXCLOROX COMPANY COM	189054109	$86.09M	603,794	0.36%	+0.0%
30	CGNXCOGNEX CORP COM	192422103	$84.29M	2,019,318	0.35%	-1.3%
31	IEXIDEX ORD COM	45167R104	$83.37M	383,997	0.35%	-1.3%
32	ROLROLLINS ORD COM	775711104	$73.90M	1,692,246	0.31%	-1.3%
33	IPGPIPG PHOTONICS CORP COM	44980X109	$59.59M	548,993	0.25%	-1.3%
34	HDHOME DEPOT ORD COM	437076102	$51.92M	149,818	0.22%	+1.5%
35	ODDODDITY TECH LTD SHS CL A	M7518J104	$51.39M	1,104,416	0.22%	+92.1%
36	ZTSZOETIS CL A ORD CL A	98978V103	$44.62M	226,064	0.19%	+1.5%
37	JNJJOHNSON & JOHNSON COM	478160104	$43.64M	278,393	0.18%	+1.5%
38	PAYCPAYCOM SOFTWARE INC COM	70432V102	$32.63M	157,844	0.14%	-1.3%
39	MCDMCDONALD S ORD COM	580135101	$27.43M	92,495	0.11%	+0.2%
40	MAMASTERCARD CL A ORD CL A	57636Q104	$27.16M	63,677	0.11%	+1.5%

Position Changes

Stock	Value	Shares	Share Chg	% Chg
ADPAUTOMATIC DATA PROCESSING	$1.36B	5,816,321	+295.8K	+5.4%
FTNTFORTINET ORD	$429.13M	7,331,844	+2.41M	+48.9%
AAPLApple	$256.95M	1,334,585	+1.3K	+0.1%
CLXCLOROX COMPANY	$86.09M	603,794	+603.8K	0.0%
HDHOME DEPOT ORD	$51.92M	149,818	+2.2K	+1.5%
ODDODDITY TECH LTD	$51.39M	1,104,416	+529.4K	+92.1%
ZTSZOETIS CL A ORD	$44.62M	226,064	+3.3K	+1.5%
JNJJOHNSON & JOHNSON	$43.64M	278,393	+4.0K	+1.5%
MCDMCDONALD S ORD	$27.43M	92,495	+175	+0.2%
MAMASTERCARD CL A ORD	$27.16M	63,677	+919	+1.5%