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 |
|---|---|---|---|
Q1 2022Mar 31, 2022 | PEP Pepsico, Inc. | Buy - Position Entry | +2,009,272 |
Q1 2022Mar 31, 2022 | SYK Stryker Corporation | Buy | +1,464,268+6375.0% |
Q1 2022Mar 31, 2022 | EL Estee Lauder Companies, Inc. (T | Buy | +1,461,387+11938.5% |
Q1 2022Mar 31, 2022 | ADP Automatic Data Processing, Inc. | Buy - Position Entry | +1,411,199 |
Q1 2022Mar 31, 2022 | META Meta Platforms, Inc. | Buy | +1,299,665+5491.9% |
Q1 2022Mar 31, 2022 | V Visa Inc. | Buy | +1,226,975+7158.5% |
Q1 2022Mar 31, 2022 | IDXX IDEXX Laboratories, Inc. | Buy - Position Entry | +952,428 |
Q1 2022Mar 31, 2022 | WAT Waters Corporation | Buy - Position Entry | +825,591 |
Q1 2022Mar 31, 2022 | INTU Intuit Inc. | Buy | +746,600+5690.1% |
Q1 2022Mar 31, 2022 | ADBE Adobe Inc. | Buy | +656,027+5172.9% |
Q1 2022Mar 31, 2022 | MTD Mettler-Toledo International, I | Buy - Position Entry | +214,994 |
Q1 2022Mar 31, 2022 | GOOGL Alphabet Inc. | Buy - Position Entry | +98,118 |
Q1 2022Mar 31, 2022 | AMZN Amazon.com, Inc. | Buy | +87,467+3621.8% |
Q1 2022Mar 31, 2022 | PG Procter & Gamble Company (The) | Buy - Position Entry | +65,952 |
Q1 2022Mar 31, 2022 | JNJ Johnson & Johnson | Buy - Position Entry | +57,690 |
Q1 2022Mar 31, 2022 | HD Home Depot, Inc. (The) | Buy | +21,065+211.1% |
Q1 2022Mar 31, 2022 | ZTS Zoetis Inc. | Buy | +11,715+33.3% |
Q1 2022Mar 31, 2022 | ORLY O'Reilly Automotive, Inc. | Sell - Position Exit | -8,802-100.0% |
Q1 2022Mar 31, 2022 | NOW ServiceNow, Inc. | Sell - Position Exit | -9,783-100.0% |
Q1 2022Mar 31, 2022 | MA Mastercard Incorporated | Sell - Position Exit | -10,780-100.0% |
Q1 2022Mar 31, 2022 | SHW Sherwin-Williams Company (The) | Sell - Position Exit | -13,010-100.0% |
Q1 2022Mar 31, 2022 | EFX Equifax, Inc. | Sell - Position Exit | -14,038-100.0% |
Q1 2022Mar 31, 2022 | DHR Danaher Corporation | Sell - Position Exit | -14,586-100.0% |
Q1 2022Mar 31, 2022 | SPGI S&P Global Inc. | Sell - Position Exit | -16,517-100.0% |
Q1 2022Mar 31, 2022 | ADSK Autodesk, Inc. | Sell - Position Exit | -21,698-100.0% |
Q1 2022Mar 31, 2022 | SNPS Synopsys, Inc. | Sell - Position Exit | -21,788-100.0% |
Q1 2022Mar 31, 2022 | ICLR ICON | Sell - Position Exit | -22,275-100.0% |
Q1 2022Mar 31, 2022 | DEO Diageo plc | Sell - Position Exit | -27,961-100.0% |
Q1 2022Mar 31, 2022 | WCN Waste Connections, Inc. | Sell - Position Exit | -30,857-100.0% |
Q1 2022Mar 31, 2022 | A Agilent Technologies, Inc. | Sell - Position Exit | -40,143-100.0% |