whalepapers
Overview/ Fundsmith LLP/ Q3 2023

Fundsmith LLP

Terry Smith · As of Q3 2023 · filed Nov 14, 2023

Q3 2023

Holdings

39 positions · Δ vs prior quarter
MSFT MICROSOFT CORP
$2.73B
12.4%
8,648,822 −363,769 −4.0% Reduced
SYK STRYKER CORP
$1.51B
6.9%
5,518,803 +7,158 +0.1% Added
META META PLATFORMS INC-CLASS A
$1.50B
6.8%
5,006,145 −646,992 −11.4% Reduced
PM PHILIP MORRIS INTERNATIONAL
$1.39B
6.3%
15,064,536 −720,380 −4.6% Reduced
ADP AUTOMATIC DATA PROCESSING
$1.33B
6.0%
5,520,512 −5,856 −0.1% Reduced
V VISA INC-CLASS A SHARES
$1.32B
6.0%
5,756,599 −4,684 −0.1% Reduced
IDXX IDEXX LABORATORIES INC
$1.30B
5.9%
2,964,554 +3,003 +0.1% Added
MKC MCCORMICK & CO-NON VTG SHRS
$1.16B
5.3%
15,312,665 −154,442 −1.0% Reduced
PEP PEPSICO INC
$1.12B
5.1%
6,639,272 −5,695 −0.1% Reduced
WAT WATERS CORP
$1.04B
4.7%
3,806,494 −2,979 −0.1% Reduced
GOOGL ALPHABET INC-CL A
$993.1M
4.5%
7,588,728 −26,908 −0.4% Reduced
MAR MARRIOTT INTERNATIONAL -CL A
$864.0M
3.9%
4,395,681 +4,207,552 +2236.5% Added
PG PROCTER & GAMBLE CO
$706.9M
3.2%
4,846,573 −2,604 −0.1% Reduced
BF/B BROWN-FORMAN CORP-CLASS B
$697.3M
3.2%
12,086,171 −109,346 −0.9% Reduced
CHD CHURCH & DWIGHT CO INC
$666.6M
3.0%
7,274,964 +606,208 +9.1% Added
NKE NIKE INC -CL B
$640.9M
2.9%
6,702,262 −8,384 −0.1% Reduced
MTD METTLER-TOLEDO INTERNATIONAL
$630.0M
2.9%
568,520 −624 −0.1% Reduced
OTIS OTIS WORLDWIDE CORP
$518.1M
2.4%
6,450,913 −4,498 −0.1% Reduced
FTNT FORTINET INC
$289.0M
1.3%
4,924,241 +2,610,938 +112.9% Added
AAPL APPLE INC
$228.3M
1.0%
1,333,286 +651 +0.0% Added
VRSN VERISIGN INC
$135.7M
0.6%
670,166 −4,625 −0.7% Reduced
VRSK VERISK ANALYTICS INC
$124.4M
0.6%
526,454 −3,633 −0.7% Reduced
MSCI MSCI INC
$107.7M
0.5%
209,869 −1,448 −0.7% Reduced
SABR SABRE CORP
$101.3M
0.5%
22,552,058 −155,629 −0.7% Reduced
QLYS QUALYS INC
$99.8M
0.5%
653,895 −4,512 −0.7% Reduced
EXPO EXPONENT INC
$93.5M
0.4%
1,092,545 −7,556 −0.7% Reduced
EFX EQUIFAX INC
$90.1M
0.4%
491,906 −3,395 −0.7% Reduced
GGG GRACO INC
$89.1M
0.4%
1,222,976 −6,252 −0.5% Reduced
CGNX COGNEX CORP
$86.8M
0.4%
2,045,671 −14,117 −0.7% Reduced
IEX IDEX CORP
$80.9M
0.4%
389,008 −2,116 −0.5% Reduced
ROL ROLLINS INC
$64.0M
0.3%
1,714,331 −11,830 −0.7% Reduced
IPGP IPG PHOTONICS CORP
$56.5M
0.3%
556,157 −4,041 −0.7% Reduced
HD HOME DEPOT INC
$44.6M
0.2%
147,657 +276 +0.2% Added
JNJ JOHNSON & JOHNSON
$42.7M
0.2%
274,378 +514 +0.2% Added
PAYC PAYCOM SOFTWARE INC
$41.5M
0.2%
159,904 −1,103 −0.7% Reduced
ZTS ZOETIS INC
$38.8M
0.2%
222,803 +417 +0.2% Added
MA MASTERCARD INC - A
$24.8M
0.1%
62,758 +424 +0.7% Added
MCD MCDONALD'S CORP
$24.3M
0.1%
92,320 +92,320 New
ODD ODDITY TECH LTD-CL A
$16.3M
0.1%
575,000 +575,000 New

Sold positions

2 closed in Q3 2023 · shares & value as of prior filing
Holding Shares sold Prior value
EL ESTEE LAUDER COMPANIES-CL A
5,418,525 $1.06B
MASI* MASIMO CORP
730,377 $120.2M

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.