whalepapers
Overview/ Fundsmith LLP/ Q4 2022

Fundsmith LLP

Terry Smith · As of Q4 2022 · filed Feb 14, 2023

Q4 2022

Holdings

38 positions · Δ vs prior quarter
MSFT MICROSOFT CORP
$2.17B
9.9%
9,030,036 −254,578 −2.7% Reduced
PM PHILIP MORRIS INTERNATIONAL
$1.67B
7.6%
16,476,088 −12,979 −0.1% Reduced
EL ESTEE LAUDER COMPANIES-CL A
$1.41B
6.4%
5,679,620 −276,354 −4.6% Reduced
IDXX IDEXX LABORATORIES INC
$1.40B
6.4%
3,443,732 −177,045 −4.9% Reduced
SYK STRYKER CORP
$1.37B
6.3%
5,607,041 −21,528 −0.4% Reduced
ADP AUTOMATIC DATA PROCESSING
$1.32B
6.0%
5,540,720 −30,958 −0.6% Reduced
MKC MCCORMICK & CO-NON VTG SHRS
$1.28B
5.9%
15,495,211 −11,510 −0.1% Reduced
WAT WATERS CORP
$1.26B
5.8%
3,689,697 −3,500 −0.1% Reduced
PEP PEPSICO INC
$1.20B
5.5%
6,657,120 −487,193 −6.8% Reduced
V VISA INC-CLASS A SHARES
$1.17B
5.3%
5,612,145 −23,245 −0.4% Reduced
MTD METTLER-TOLEDO INTERNATIONAL
$810.8M
3.7%
560,900 −556 −0.1% Reduced
BF/B BROWN-FORMAN CORP-CLASS B
$797.8M
3.6%
12,146,796 −79,544 −0.7% Reduced
NKE NIKE INC -CL B
$787.0M
3.6%
6,726,271 −8,137 −0.1% Reduced
ADBE ADOBE INC
$709.9M
3.2%
2,109,326 −1,971 −0.1% Reduced
CHD CHURCH & DWIGHT CO INC
$680.9M
3.1%
8,446,572 −11,453 −0.1% Reduced
GOOGL ALPHABET INC-CL A
$672.9M
3.1%
7,626,313 −6,515 −0.1% Reduced
META META PLATFORMS INC-CLASS A
$659.1M
3.0%
5,476,865 −3,419 −0.1% Reduced
AMZN AMAZON.COM INC
$569.3M
2.6%
6,777,831 −6,491 −0.1% Reduced
OTIS OTIS WORLDWIDE CORP
$491.8M
2.2%
6,280,677 −5,201 −0.1% Reduced
SABR SABRE CORP
$140.3M
0.6%
22,707,687 −25,082 −0.1% Reduced
VRSN VERISIGN INC
$138.6M
0.6%
674,791 −742 −0.1% Reduced
FTNT FORTINET INC
$113.1M
0.5%
2,313,303 −2,554 −0.1% Reduced
MASI* MASIMO CORP
$113.1M
0.5%
764,319 −842 −0.1% Reduced
MSCI MSCI INC
$98.3M
0.4%
211,317 −234 −0.1% Reduced
CGNX COGNEX CORP
$97.0M
0.4%
2,059,788 −2,295 −0.1% Reduced
EFX EQUIFAX INC
$96.3M
0.4%
495,301 −549 −0.1% Reduced
VRSK VERISK ANALYTICS INC
$93.5M
0.4%
530,087 −590 −0.1% Reduced
IPGP IPG PHOTONICS CORP
$80.9M
0.4%
854,259 −944 −0.1% Reduced
QLYS QUALYS INC
$73.9M
0.3%
658,407 −3,013 −0.5% Reduced
ROL ROLLINS INC
$63.1M
0.3%
1,726,161 −1,923 −0.1% Reduced
AAPL APPLE INC
$61.0M
0.3%
469,234 +12,749 +2.8% Added
IEX IDEX CORP
$60.2M
0.3%
263,740 +167,812 +174.9% Added
PAYC PAYCOM SOFTWARE INC
$50.0M
0.2%
161,007 −301 −0.2% Reduced
JNJ JOHNSON & JOHNSON
$48.7M
0.2%
275,797 +950 +0.3% Added
HD HOME DEPOT INC
$48.3M
0.2%
152,766 +511 +0.3% Added
PG PROCTER & GAMBLE CO
$47.8M
0.2%
315,297 +1,086 +0.3% Added
ZTS ZOETIS INC
$32.8M
0.1%
223,956 +771 +0.3% Added
EW EDWARDS LIFESCIENCES CORP
$745K
0.0%
9,979 Held

Sold positions

8 closed in Q4 2022 · shares & value as of prior filing
Holding Shares sold Prior value
INTU INTUIT INC
1,696,667 $657.2M
PYPL PAYPAL HOLDINGS INC
5,611,242 $483.0M
AKX ANSYS INC
274,559 $60.9M
MELI MERCADOLIBRE INC
24,225 $20.1M
WNSN WNS HOLDINGS LTD-ADR
193,179 $15.8M
G GENPACT LTD
317,337 $13.9M
TSM TAIWAN SEMICONDUCTOR-SP ADR
155,558 $10.7M
XP XP INC - CLASS A
253,367 $4.8M

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.