Terry Smith - Fundsmith
As of Q1 2026, this manager reported 34 long-equity positions worth $12.83B in aggregate.
As of Q1 2026, Terry Smith's Fundsmith held 34 long-equity positions with a reported value of $12.83B.
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Sells
These are the positions the manager reduced or sold out of this quarter, showing where they pulled money back. The quarter shown is Q1 2026.
| Ticker | Security | Activity | % portfolio | Shares | Value | Reported price | Q range |
|---|---|---|---|---|---|---|---|
| NSSC | NAPCO SEC TECHNOLOGIES INC | Reduce -78.5% | 0.12% | 383,596 | $15.11M | $39.39 | $36.56 - $47.30(26%)$41.38 -> $39.39 |
| VRT | VERTIV HOLDINGS CO | Reduce -77.8% | 0.18% | 91,254 | $22.87M | $250.58 | $158.77 - $282.05(74%)$175.61 -> $250.58 |
| CPRX | CATALYST PHARMACEUTICALS INC | Reduce -74.9% | 0.16% | 844,887 | $20.92M | $24.76 | $22.13 - $25.53(77%)$23.15 -> $24.76 |
| QLYS | QUALYS INC | Reduce -65.1% | 0.15% | 226,077 | $19.86M | $87.85 | $82.06 - $137.49(10%)$131.01 -> $87.85 |
| HD | HOME DEPOT INC | Reduce -64.3% | 0.07% | 28,611 | $9.41M | $328.89 | $320.26 - $397.63(11%)$345.82 -> $328.89 |
| MSCI | MSCI INC | Reduce -61.1% | 0.27% | 64,788 | $34.92M | $539.01 | $501.08 - $626.28(30%)$565.25 -> $539.01 |
| ROL | ROLLINS INC | Reduce -58.1% | 0.26% | 619,935 | $33.11M | $53.41 | $52.32 - $66.14(8%)$59.01 -> $53.41 |
| VRSN | VERISIGN INC | Reduce -58.1% | 0.22% | 113,467 | $28.18M | $248.36 | $208.86 - $255.64(84%)$240.53 -> $248.36 |
| PAYC | PAYCOM SOFTWARE INC | Reduce -58.1% | 0.21% | 219,457 | $26.67M | $121.54 | $104.90 - $159.85(30%)$152.40 -> $121.54 |
| CLX | CLOROX CO DEL | Reduce -58.1% | 0.21% | 257,217 | $26.66M | $103.63 | $98.75 - $128.90(16%)$100.85 -> $103.63 |
| NTNX | NUTANIX INC | Reduce -58.1% | 0.17% | 577,392 | $21.95M | $38.01 | $35.39 - $54.15(14%)$50.60 -> $38.01 |
| DOCS | DOXIMITY INC | Reduce -58.1% | 0.13% | 691,786 | $16.12M | $23.30 | $21.82 - $46.75(6%)$43.29 -> $23.30 |
| MANH | MANHATTAN ASSOCIATES INC | Reduce -58.1% | 0.13% | 120,888 | $16.09M | $133.12 | $126.00 - $179.94(13%)$167.28 -> $133.12 |
| SABR | SABRE CORP | Reduce -58.1% | 0.10% | 9,013,783 | $13.07M | $1.45 | $0.81 - $2.00(54%)$1.33 -> $1.45 |
| MEDP | MEDPACE HLDGS INC | Reduce -24.1% | 0.23% | 62,668 | $30.09M | $480.19 | $392.35 - $628.92(37%)$571.02 -> $480.19 |
| IDXX | IDEXX LABS INC | Reduce -21.9% | 6.42% | 1,465,786 | $823.61M | $561.89 | $548.51 - $726.41(8%)$669.99 -> $561.89 |
| ADMA | ADMA BIOLOGICS INC | Reduce -21.5% | 0.12% | 1,649,493 | $14.86M | $9.01 | $7.21 - $18.95(15%)$17.88 -> $9.01 |
| SYK | STRYKER CORPORATION | Reduce -17.0% | 7.84% | 3,061,416 | $1.01B | $328.59 | $319.32 - $389.33(13%)$348.18 -> $328.59 |
| PM | PHILIP MORRIS INTL INC | Reduce -16.5% | 6.59% | 5,113,163 | $845.41M | $165.34 | $153.71 - $191.30(31%)$160.30 -> $165.34 |
| GOOGL | ALPHABET INC | Reduce -15.5% | 6.63% | 2,956,198 | $850.08M | $287.56 | $272.11 - $349.00(20%)$315.15 -> $287.56 |
| MAR | MARRIOTT INTL INC NEW | Reduce -15.3% | 8.59% | 3,370,872 | $1.1B | $327.07 | $308.31 - $370.00(30%)$313.41 -> $327.07 |
| OTIS | OTIS WORLDWIDE CORP | Reduce -12.2% | 1.64% | 2,731,635 | $210.55M | $77.08 | $75.27 - $94.56(9%)$88.34 -> $77.08 |
| V | VISA INC | Reduce -12.2% | 7.31% | 3,104,090 | $938.18M | $302.24 | $294.32 - $358.62(12%)$346.48 -> $302.24 |
| WAT | WATERS CORP | Reduce -9.7% | 7.46% | 3,212,075 | $956.56M | $297.80 | $282.77 - $408.67(12%)$381.96 -> $297.80 |
| ADP | AUTOMATIC DATA PROCESSING IN | Reduce -7.7% | 6.11% | 3,855,105 | $783.28M | $203.18 | $198.59 - $268.08(7%)$252.88 -> $203.18 |
| FTNT | FORTINET INC | Reduce -5.5% | 3.92% | 6,156,675 | $503.12M | $81.72 | $73.55 - $88.60(54%)$77.88 -> $81.72 |
| META | META PLATFORMS INC | Reduce -3.1% | 5.89% | 1,321,375 | $756M | $572.13 | $520.26 - $744.00(23%)$650.41 -> $572.13 |
| MTD | METTLER TOLEDO INTERNATIONAL | Reduce -2.1% | 5.59% | 568,516 | $717.01M | $1261.20 | $1162.77 - $1514.42(28%)$1411.39 -> $1261.20 |
| CHD | CHURCH & DWIGHT CO INC | Reduce -1.3% | 4.83% | 6,641,508 | $619.79M | $93.32 | $81.57 - $106.04(48%)$82.64 -> $93.32 |
| PG | PROCTER & GAMBLE CO | Reduce -1.1% | 4.73% | 4,199,914 | $606.64M | $144.44 | $137.62 - $167.25(23%)$141.79 -> $144.44 |
| GGG | GRACO INC | Sold | — | 0 | $0 | — | - |
| INTU | INTUIT | Sold | — | 0 | $0 | — | - |
| NKE | NIKE INC | Sold | — | 0 | $0 | — | - |
| ODD | ODDITY TECH LTD | Sold | — | 0 | $0 | — | - |
| ZTS | ZOETIS INC | Reduce -0.6% | 3.57% | 3,877,559 | $458.37M | $118.21 | $113.29 - $132.49(26%)$125.92 -> $118.21 |
| TXN | TEXAS INSTRS INC | Reduce -0.0% | 3.97% | 2,623,124 | $509.25M | $194.14 | $174.91 - $231.32(34%)$177.52 -> $194.14 |
| MSFT | MICROSOFT CORP | Reduce -0.0% | 6.00% | 2,079,737 | $769.86M | $370.17 | $356.28 - $489.70(10%)$472.94 -> $370.17 |