whalepapers
Investors/ Fundsmith LLP/ Q2 2014

Fundsmith LLP

Terry Smith · As of Q2 2014 · filed Aug 11, 2014

MCD MCDONALD'S CORP
10.1%
Added +22.5% 5,256,276 $219.2M
SYK STRYKER CORP
9.6%
Added +10.5% 2,459,488 $207.4M
DR PEPPER SNAPPLE GROUP INC
9.0%
Added +4.0% 3,346,639 $196.0M
BECTON DICKINSON & CO
7.8%
Reduced −0.7% 1,424,756 $168.5M
PEP PEPSICO INC
7.8%
Added +17.2% 1,886,556 $168.5M
DPZ DOMINO'S PIZZA INC
7.2%
Held 2,134,570 $156.0M
PM PHILIP MORRIS INTERNATIONAL
6.9%
Added +27.6% 1,784,113 $150.4M
JNJ JOHNSON & JOHNSON
6.3%
Added +13.1% 1,303,385 $136.4M
AUTOMATIC DATA PROCESSING INC
5.7%
Held 1,571,495 $124.6M
V VISA INC-CLASS A SHARES
5.7%
Added +57.0% 581,984 $122.6M
MMM 3M CO
5.5%
Held 835,096 $119.6M
PG PROCTER & GAMBLE CO
5.1%
Held 1,414,311 $111.2M
BARD CR INC
4.6%
Reduced −42.3% 697,953 $99.8M
CHH CHOICE HOTELS INTL INC
3.1%
Added +64.8% 1,435,203 $67.6M
EBAY EBAY INC
2.7%
New 1,190,275 $59.6M
CL COLGATE-PALMOLIVE CO
2.7%
Added +72.0% 870,912 $59.4M

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.