whalepapers
Investors/ Fundsmith LLP/ Q4 2013

Fundsmith LLP

Terry Smith · As of Q4 2013 · filed Jan 21, 2014

SYK STRYKER CORP
9.9%
Added +1.1% 2,114,386 $158.9M
MCD MCDONALD'S CORP
9.6%
Added +1.2% 4,142,263 $155.0M
DPZ DOMINO'S PIZZA INC
9.2%
Reduced −4.3% 2,134,570 $148.7M
DR PEPPER SNAPPLE GROUP INC
9.2%
Held 3,036,706 $147.9M
BECTON DICKINSON & CO
8.1%
Added +2.7% 1,176,328 $130.0M
MMM 3M CO
7.3%
Held 835,096 $117.1M
AUTOMATIC DATA PROCESSING INC
7.1%
Held 1,408,541 $113.8M
PG PROCTER & GAMBLE CO
6.6%
Held 1,301,833 $106.0M
PEP PEPSICO INC
6.3%
Added +7.1% 1,229,894 $102.0M
PM PHILIP MORRIS INTERNATIONAL
6.1%
Added +13.0% 1,119,353 $97.5M
JNJ JOHNSON & JOHNSON
5.9%
Added +0.2% 1,040,791 $95.3M
CHH CHOICE HOTELS INTL INC
4.3%
Reduced −0.8% 1,411,382 $69.3M
BARD CR INC
3.7%
Added +3.1% 443,414 $59.3M
V VISA INC-CLASS A SHARES
3.4%
Held 248,634 $55.4M
CL COLGATE-PALMOLIVE CO
3.4%
Held 841,004 $54.8M

Sold positions

1 closed in Q4 2013 · shares & value as of prior filing
Holding Shares sold Prior value
WAT WATERS CORP
449,096 $47.7M

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.