Fundsmith LLP

LONDON, X0 · CIK 0001569205

Portfolio Value: $23.02B

Positions: 39

Period: 2025-06-30

Filed: 2025-08-14

Portfolio Value

$23.02B

Positions

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Increased

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Fundsmith LLP Q2 2025 13F Filing Summary

Fundsmith LLP (LONDON, X0) reported a portfolio value of $23.02B across 39 positions in their Q2 2025 SEC 13F filing (period ending 2025-06-30). Top holdings include META ($2.63B), MSFT ($2.46B), SYK ($1.85B). The top 10 positions account for 71.0% of the portfolio. This quarter saw 3 new positions, 4 increases, 25 reductions, 38 complete exits. Notable new buys: VRT ($93.09M), MANH ($56.94M), NSSC ($28.35M). Notable exits: BF-A, EFX, IEX.

All Holdings

#	Stock	CUSIP	Value↓	Shares	Weight	Change
1	METAMETA PLATFORMS INC CL A	30303M102	$2.63B	3,568,752	11.44%	-8.1%
2	MSFTMICROSOFT CORP COM	594918104	$2.46B	4,941,509	10.68%	-8.0%
3	SYKSTRYKER CORPORATION COM	863667101	$1.85B	4,677,007	8.04%	-7.7%
4	PMPHILIP MORRIS INTL INC COM	718172109	$1.65B	9,074,195	7.18%	-16.0%
5	IEXIDEXX LABS INC COM	45168D104	$1.42B	2,639,289	6.15%	-0.3%
6	VVISA INC COM CL A	92826C839	$1.37B	3,854,071	5.95%	-6.8%
7	ADPAUTOMATIC DATA PROCESSING IN COM	53015103	$1.35B	4,362,099	5.84%	-3.4%
8	WATWATERS CORP COM	941848103	$1.26B	3,608,407	5.47%	-0.1%
9	GOOGLALPHABET INC CAP STK CL A	02079K305	$1.20B	6,803,454	5.21%	-0.6%
10	MARMARRIOTT INTL INC NEW CL A	571903202	$1.16B	4,236,599	5.03%	-0.4%
11	FTNTFORTINET INC COM	3.4959e+113	$889.99M	8,418,362	3.87%	-1.2%
12	PGPROCTER AND GAMBLE CO COM	742718109	$728.46M	4,572,280	3.16%	-1.0%
13	MTDMETTLER TOLEDO INTERNATIONAL COM	592688105	$693.13M	590,037	3.01%	-0.1%
14	CHDCHURCH & DWIGHT CO INC COM	171340102	$655.88M	6,824,289	2.85%	-0.3%
15	OTISOTIS WORLDWIDE CORP COM	68902V107	$576.21M	5,819,151	2.50%	-0.8%
16	TXNTEXAS INSTRS INC COM	882508104	$564.79M	2,720,290	2.45%	-0.2%
17	ZTSZOETIS INC CL A	98978V103	$449.89M	2,884,831	1.95%	+13.3%
18	NKENIKE INC CL B	654106103	$435.44M	6,129,483	1.89%	-0.1%
19	INTUINTUIT COM	461202103	$290.27M	368,540	1.26%	+102.9%
20	ODDODDITY TECH LTD SHS CL A	M7518J104	$106.94M	1,416,956	0.46%	-12.3%
21	QLYSQUALYS INC COM	74758T303	$102.67M	718,602	0.45%	-
22	MSCIMSCI INC COM	55354G100	$96.10M	166,619	0.42%	-
23	PAYCPAYCOM SOFTWARE INC COM	70432V102	$95.69M	413,510	0.42%	-
24	CHHCHOICE HOTELS INTL INC COM	169905106	$93.12M	733,892	0.40%	-
25	VRTVERTIV HOLDINGS CO COM CL A	92537N108	$93.09M	724,923	0.40%	New
26	ROLROLLINS INC COM	775711104	$83.42M	1,478,629	0.36%	-7.4%
27	DOCSDOXIMITY INC CL A	26622P107	$83.17M	1,355,944	0.36%	+14.0%
28	VRSNVERISIGN INC COM	9.2343e+106	$78.16M	270,634	0.34%	-52.5%
29	GGGGRACO INC COM	384109104	$77.42M	900,545	0.34%	-21.0%
30	CLXCLOROX CO DEL COM	189054109	$73.66M	613,497	0.32%	-
31	SABRSABRE CORP COM	78573M104	$67.94M	21,499,095	0.30%	-
32	CPRXCATALYST PHARMACEUTICALS INC COM	14888U101	$58.79M	2,709,086	0.26%	+25.9%
33	MANHMANHATTAN ASSOCIATES INC COM	562750109	$56.94M	288,332	0.25%	New
34	EXPOEXPONENT INC COM	30214U102	$55.79M	746,820	0.24%	-10.7%
35	VRSKVERISK ANALYTICS INC COM	92345Y106	$54.88M	176,195	0.24%	-46.7%
36	MEDPMEDPACE HLDGS INC COM	58506Q109	$40.03M	127,537	0.17%	-
37	HDHOME DEPOT INC COM	437076102	$30.57M	83,367	0.13%	-27.3%
38	NSSCNAPCO SEC TECHNOLOGIES INC COM	630402105	$28.35M	954,912	0.12%	New
39	MAMASTERCARD INCORPORATED CL A	57636Q104	$15.54M	27,663	0.07%	-44.1%

Position Changes

Stock	Value	Shares
VRTVERTIV HOLDINGS CO	$93.09M	724,923
MANHMANHATTAN ASSOCIATES INC	$56.94M	288,332
NSSCNAPCO SEC TECHNOLOGIES INC	$28.35M	954,912