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Focused investors/Terry Smith

Terry Smith - Fundsmith

As of Q2 2026, Terry Smith reported 41 long-equity positions worth $13.65B in aggregate.

Copy-investor backtest

Latest quarter
+9.13%
1-year
+5.28%
3-year
+33.99%
5-year
+13.82%
3-year vs S&P 500
-39.25%
5-year vs S&P 500
-60.27%
5-year top 5
-13.81%

Return from mechanically copying the disclosed 13F equity portfolio after each filing and rebalancing at the next. The vs S&P 500 figures subtract SPY over that manager's own rebalance dates, so both sides cover the same days; both are price return, excluding dividends. Method & limitations.

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Updated 2026-06-06 from SEC 13F data.

Live quotes available for 14 of 18 rows. Rows without a quote are marked unavailable.

1MCDMICROSOFT10.88%Add +4.4%5,488,976$254.47M$46.36No quote
2DPSDR PEPPER SNAPPLE GROUP INC9.28%Add +0.8%3,375,072$217.05MNo quoteNo quote
3SYKSTRYKER CORP8.77%Add +3.2%2,539,116$205.03M$80.75No quote
4PEPPEPSICO INC7.51%-1,886,556$175.62M$93.09No quote
5BDXBECTON DICKINSON & CO7.42%New1,525,906$173.66M$113.81No quote
6DPZDOMINOS PIZZA INC7.02%-2,134,570$164.28M$76.96No quote
7PMPHILIP MORRIS INTL INC6.93%Add +8.9%1,942,923$162.04M$83.40No quote
8JNJJOHNSON & JOHNSON6.54%Add +10.1%1,434,318$152.88M$106.59No quote
9VVISA INC5.45%Add +2.7%597,748$127.54M$213.37No quote
10PGPROCTER & GAMBLE CO5.13%Add +1.4%1,433,679$120.06M$83.74No quote
11MMM3M CO5.13%Add +1.4%846,655$119.95M$141.68No quote
12ADPAUTOMATIC DATA PROCESSING INC4.96%New1,592,266$116.05M$72.88No quote
13SIALBARD CR INC4.88%Add +14.7%800,523$114.07MNo quoteNo quote
14EBAYEBAY INC4.69%Add +62.9%1,938,349$109.77M$56.63No quote
15CHHCHOICE HOTELS INTL INC2.71%Reduce -14.7%1,224,737$63.46M$51.82No quote
16CLCOLGATE PALMOLIVE CO2.70%Add +11.7%972,598$63.08M$64.86No quote
18BDXBBECTON DICKINSON & CO-Sold0$0No quoteNo quote
17-AUTOMATIC DATA PROCESSING INCCUSIP 53015103-Sold0$0No quoteNo quote