whalepapers
Overview/ Fundsmith LLP/ Q1 2020

Fundsmith LLP

Terry Smith · As of Q1 2020 · filed May 14, 2020

Q1 2020

Holdings

34 positions · Δ vs prior quarter
MSFT MICROSOFT CORP
$1.89B
10.6%
11,972,921 −217,608 −1.8% Reduced
PM PHILIP MORRIS INTERNATIONAL
$1.24B
7.0%
17,022,953 +123,717 +0.7% Added
PYPL PAYPAL HOLDINGS INC
$1.19B
6.7%
12,407,094 −2,778,705 −18.3% Reduced
EL ESTEE LAUDER COMPANIES-CL A
$1.07B
6.0%
6,738,662 −136,925 −2.0% Reduced
META META PLATFORMS INC-CLASS A
$1.07B
6.0%
6,433,861 −154,425 −2.3% Reduced
IDXX IDEXX LABORATORIES INC
$1.03B
5.8%
4,245,227 −346,672 −7.5% Reduced
INTU INTUIT INC
$1.03B
5.8%
4,457,596 −285,450 −6.0% Reduced
MKC MCCORMICK & CO-NON VTG SHRS
$1.01B
5.7%
7,124,205 −255,506 −3.5% Reduced
SYK STRYKER CORP
$987.5M
5.6%
5,931,325 −151,667 −2.5% Reduced
V VISA INC-CLASS A SHARES
$982.6M
5.5%
6,098,637 −316,879 −4.9% Reduced
PEP PEPSICO INC
$960.2M
5.4%
7,995,065 −474,329 −5.6% Reduced
BDX BECTON DICKINSON AND CO
$875.6M
4.9%
3,810,792 −10,635 −0.3% Reduced
WAT WATERS CORP
$865.7M
4.9%
4,755,050 −351,616 −6.9% Reduced
ADP AUTOMATIC DATA PROCESSING
$857.6M
4.8%
6,274,833 −189,365 −2.9% Reduced
JNJ JOHNSON & JOHNSON
$705.5M
4.0%
5,379,781 −683,618 −11.3% Reduced
BF/B BROWN-FORMAN CORP-CLASS B
$546.5M
3.1%
9,844,631 +214,024 +2.2% Added
CLX CLOROX COMPANY
$275.8M
1.6%
1,592,042 −90,134 −5.4% Reduced
NKE NIKE INC -CL B
$191.9M
1.1%
2,319,351 +2,319,351 New
SBUX STARBUCKS CORP
$174.2M
1.0%
2,649,785 +2,649,785 New
CHKP CHECK POINT SOFTWARE TECH
$87.1M
0.5%
866,437 +64,603 +8.1% Added
MASI* MASIMO CORP
$84.3M
0.5%
475,853 −99,110 −17.2% Reduced
VRSK VERISK ANALYTICS INC
$83.4M
0.5%
598,306 −23,357 −3.8% Reduced
AKX ANSYS INC
$76.7M
0.4%
329,985 −17,143 −4.9% Reduced
EFX EQUIFAX INC
$67.9M
0.4%
568,122 −86,166 −13.2% Reduced
VRSN VERISIGN INC
$64.0M
0.4%
355,281 +82,408 +30.2% Added
CGNX COGNEX CORP
$63.7M
0.4%
1,508,999 +341,182 +29.2% Added
IPGP IPG PHOTONICS CORP
$62.4M
0.4%
566,147 +106,343 +23.1% Added
MSCI MSCI INC
$59.1M
0.3%
204,376 +4,306 +2.2% Added
AOS SMITH (A.O.) CORP
$55.4M
0.3%
1,465,215 +287,167 +24.4% Added
SABR SABRE CORP
$47.1M
0.3%
7,950,501 +3,880,203 +95.3% Added
PAYC PAYCOM SOFTWARE INC
$35.3M
0.2%
174,606 +3,678 +2.2% Added
MELI MERCADOLIBRE INC
$17.0M
0.1%
34,804 Held
MAR MARRIOTT INTERNATIONAL -CL A
$12.9M
0.1%
172,847 +1,089 +0.6% Added
XP XP INC - CLASS A
$4.9M
0.0%
253,367 +253,367 New

Holdings reflect long positions disclosed in 13F filings only and exclude short positions, cash, and other non-13F assets. Holdings data sourced from SEC EDGAR. Not investment advice. Full disclaimer.