Terry Smith – Fundsmith Investment Services Portfolio Activity & Recent Trades (Jun 30, 2025)
As of Jun 30, 2025, the Fundsmith Investment Services portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on Aug 14, 2025. The activity included new positions, additions to existing holdings, reductions, and complete exits, providing a clear view of how the portfolio evolved during the quarter.
During Q2 2025, the filing reported:
New Buys – None reported
Increases – Zoetis Inc. (ZTS), Intuit Inc. (INTU), Texas Instruments Incorporated (TXN), Church & Dwight Company, Inc. (CHD), Waters Corporation (WAT), and 3 more
Reductions – Alphabet Inc. (GOOGL), Procter & Gamble Company (The) (PG), Mastercard Incorporated (MA), IDEXX Laboratories, Inc. (IDXX), Home Depot, Inc. (The) (HD), and 8 more
Complete Exits – Brown Forman Inc (BF-B)
These updates highlight how the portfolio adjusted across different sectors and market conditions, offering insights into allocation shifts and investment trends.
Fundsmith Investment Services Activity
| Date | Symbol | Type | Quantity |
|---|---|---|---|
Q3 2022Sep 30, 2022 | ADP Automatic Data Processing, Inc. | Sell | -4,094-0.3% |
Q3 2022Sep 30, 2022 | V Visa Inc. | Sell | -4,192-0.3% |
Q3 2022Sep 30, 2022 | ZTS Zoetis Inc. | Sell | -4,448-9.5% |
Q3 2022Sep 30, 2022 | PEP Pepsico, Inc. | Sell | -4,656-0.2% |
Q3 2022Sep 30, 2022 | JNJ Johnson & Johnson | Sell | -5,477-9.5% |
Q3 2022Sep 30, 2022 | PG Procter & Gamble Company (The) | Sell | -6,261-9.5% |
Q3 2022Sep 30, 2022 | CHD Church & Dwight Company, Inc. | Sell | -11,027-0.3% |
Q3 2022Sep 30, 2022 | MKC McCormick & Company, Incorporat | Sell | -11,097-0.3% |
Q3 2022Sep 30, 2022 | PYPL PayPal Holdings, Inc. | Sell | -106,247-4.2% |
Q2 2022Jun 30, 2022 | AMZN Amazon.com, Inc. | Buy | +1,707,758+1900.0% |
Q2 2022Jun 30, 2022 | MKC McCormick & Company, Incorporat | Buy | +482,442+13.6% |
Q2 2022Jun 30, 2022 | PM Philip Morris International Inc | Buy | +368,568+9.1% |
Q2 2022Jun 30, 2022 | MSFT Microsoft Corporation | Buy | +221,693+8.8% |
Q2 2022Jun 30, 2022 | V Visa Inc. | Buy | +216,107+17.4% |
Q2 2022Jun 30, 2022 | EL Estee Lauder Companies, Inc. (T | Buy | +148,944+10.1% |
Q2 2022Jun 30, 2022 | SYK Stryker Corporation | Buy | +145,759+9.8% |
Q2 2022Jun 30, 2022 | BF-B Brown Forman Inc | Buy | +107,262+2.8% |
Q2 2022Jun 30, 2022 | PEP Pepsico, Inc. | Buy | +82,343+4.1% |
Q2 2022Jun 30, 2022 | IDXX IDEXX Laboratories, Inc. | Buy | +46,837+4.9% |
Q2 2022Jun 30, 2022 | ADBE Adobe Inc. | Buy | +17,187+2.6% |
Q2 2022Jun 30, 2022 | MTD Mettler-Toledo International, I | Buy | +8,978+4.2% |
Q2 2022Jun 30, 2022 | SBUX Starbucks Corporation | Sell - Position Exit | -2,616,873-100.0% |
Q1 2022Mar 31, 2022 | PM Philip Morris International Inc | Buy - Position Entry | +4,038,309 |
Q1 2022Mar 31, 2022 | BF-B Brown Forman Inc | Buy - Position Entry | +3,834,402 |
Q1 2022Mar 31, 2022 | MKC McCormick & Company, Incorporat | Buy - Position Entry | +3,552,436 |
Q1 2022Mar 31, 2022 | CHD Church & Dwight Company, Inc. | Buy - Position Entry | +3,229,315 |
Q1 2022Mar 31, 2022 | SBUX Starbucks Corporation | Buy | +2,562,025+4671.1% |
Q1 2022Mar 31, 2022 | PYPL PayPal Holdings, Inc. | Buy - Position Entry | +2,545,472 |
Q1 2022Mar 31, 2022 | MSFT Microsoft Corporation | Buy | +2,494,069+9227.7% |
Q1 2022Mar 31, 2022 | NKE Nike, Inc. | Buy | +2,145,774+4344.4% |