Terry Smith

Fundsmith

Buy good companies, do nothing

Britain's most-followed stock picker, in his own words.

$13.6B

reported portfolio

positions

Jun 30, 2026

quarter ended

moves last filing

Latest moves

Share-count changes versus the prior quarter's filing.

41 listed positions

Ticker	Company	Est. position	Weight	Since disclosed
MAR MARRIOTT INTL INC NEW	MARRIOTT INTL INC NEW	$958.3M	7.0%	−8.5%
SYK STRYKER CORPORATION	STRYKER CORPORATION	$917.4M	6.7%	−12.6%
WAT WATERS CORP	WATERS CORP	$852.7M	6.2%	+12.4%
V VISA INC	VISA INC	$693.0M	5.1%	+7.3%
UBER UBER TECHNOLOGIES INC	UBER TECHNOLOGIES INC	$645.3M	4.7%	−2.3%
MA MASTERCARD INCORPORATED	MASTERCARD INCORPORATED	$639.5M	4.7%	+10.1%
GOOGL ALPHABET INC	ALPHABET INC	$633.7M	4.6%	−2.2%
CHD CHURCH & DWIGHT CO INC	CHURCH & DWIGHT CO INC	$625.5M	4.6%	−2.2%
PG PROCTER & GAMBLE CO	PROCTER & GAMBLE CO	$598.1M	4.4%	−0.2%
MSFT MICROSOFT CORP	MICROSOFT CORP	$595.6M	4.4%	+32.4%

Values as reported on the fund’s SEC Form 13F. "Since disclosed" is the price change from the quarter end to today.

Source: SEC Form 13F-HR · filings on EDGAR ↗

last 60 days