whalepapers
Overview/ Fundsmith LLP/ Q3 2025

Fundsmith LLP

Terry Smith · As of Q3 2025 · filed Nov 14, 2025

Q3 2025

Holdings

35 positions · Δ vs prior quarter
SYK STRYKER CORP
$1.70B
8.6%
4,591,293 −85,714 −1.8% Reduced
IDXX IDEXX LABORATORIES INC
$1.67B
8.4%
2,610,457 −28,832 −1.1% Reduced
GOOGL ALPHABET INC-CL A
$1.53B
7.7%
6,289,352 −514,102 −7.6% Reduced
MSFT MICROSOFT CORP
$1.34B
6.8%
2,583,369 −2,358,140 −47.7% Reduced
V VISA INC-CLASS A SHARES
$1.32B
6.6%
3,854,336 +265 +0.0% Added
ADP AUTOMATIC DATA PROCESSING
$1.27B
6.4%
4,311,603 −50,496 −1.2% Reduced
WAT WATERS CORP
$1.19B
6.0%
3,955,498 +347,091 +9.6% Added
PM PHILIP MORRIS INTERNATIONAL
$1.17B
5.9%
7,188,144 −1,886,051 −20.8% Reduced
META META PLATFORMS INC-CLASS A
$1.14B
5.8%
1,558,664 −2,010,088 −56.3% Reduced
MAR MARRIOTT INTERNATIONAL -CL A
$1.10B
5.6%
4,228,298 −8,301 −0.2% Reduced
MTD METTLER-TOLEDO INTERNATIONAL
$725.1M
3.7%
590,654 +617 +0.1% Added
FTNT FORTINET INC
$708.0M
3.6%
8,420,092 +1,730 +0.0% Added
PG PROCTER & GAMBLE CO
$703.3M
3.6%
4,577,040 +4,760 +0.1% Added
CHD CHURCH & DWIGHT CO INC
$595.4M
3.0%
6,794,644 −29,645 −0.4% Reduced
OTIS OTIS WORLDWIDE CORP
$532.0M
2.7%
5,819,151 Held
ZTS ZOETIS INC
$529.0M
2.7%
3,615,131 +730,300 +25.3% Added
TXN TEXAS INSTRUMENTS INC
$500.1M
2.5%
2,721,881 +1,591 +0.1% Added
NKE NIKE INC -CL B
$427.4M
2.2%
6,129,483 Held
INTU INTUIT INC
$412.8M
2.1%
604,456 +235,916 +64.0% Added
QLYS QUALYS INC
$115.2M
0.6%
870,859 +152,257 +21.2% Added
PAYC PAYCOM SOFTWARE INC
$108.9M
0.6%
523,433 +109,923 +26.6% Added
DOCS DOXIMITY INC-CLASS A
$99.2M
0.5%
1,355,944 Held
MSCI MSCI INC
$94.5M
0.5%
166,619 Held
VRT VERTIV HOLDINGS CO-A
$89.2M
0.5%
591,450 −133,473 −18.4% Reduced
ODD ODDITY TECH LTD-CL A
$88.3M
0.4%
1,416,956 Held
ROL ROLLINS INC
$86.9M
0.4%
1,478,629 Held
GGG GRACO INC
$76.5M
0.4%
900,545 Held
NSSC NAPCO SECURITY TECHNOLOGIES
$76.4M
0.4%
1,779,857 +824,945 +86.4% Added
VRSN VERISIGN INC
$75.7M
0.4%
270,634 Held
CLX CLOROX COMPANY
$75.6M
0.4%
613,497 Held
CATALYST PHARMACEUTICALS INC
$66.3M
0.3%
3,363,807 +654,721 +24.2% Added
MEDP MEDPACE HOLDINGS INC
$65.6M
0.3%
127,537 Held
MANH MANHATTAN ASSOCIATES INC
$59.1M
0.3%
288,332 Held
SABR SABRE CORP
$39.3M
0.2%
21,499,095 Held
HD HOME DEPOT INC
$34.4M
0.2%
84,860 +1,493 +1.8% Added

Sold positions

4 closed in Q3 2025 · shares & value as of prior filing
Holding Shares sold Prior value
CHH CHOICE HOTELS INTL INC
733,892 $93.1M
EXPO EXPONENT INC
746,820 $55.8M
VRSK VERISK ANALYTICS INC
176,195 $54.9M
MA MASTERCARD INC - A
27,663 $15.5M

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.