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 | HEI-A Heico Corporation | Sell - Position Exit | -47,517-100.0% |
Q1 2022Mar 31, 2022 | ROST Ross Stores, Inc. | Sell - Position Exit | -53,469-100.0% |
Q1 2022Mar 31, 2022 | APH Amphenol Corporation | Sell - Position Exit | -70,840-100.0% |
Q1 2022Mar 31, 2022 | OTIS Otis Worldwide Corporation | Sell - Position Exit | -87,908-100.0% |
Q4 2021Dec 31, 2021 | V Visa Inc. | Buy | +4,604+36.7% |
Q4 2021Dec 31, 2021 | MA Mastercard Incorporated | Buy | +2,804+35.2% |
Q4 2021Dec 31, 2021 | APH Amphenol Corporation | Buy | +210+0.3% |
Q4 2021Dec 31, 2021 | OTIS Otis Worldwide Corporation | Buy | +171+0.2% |
Q4 2021Dec 31, 2021 | SBUX Starbucks Corporation | Buy | +168+0.3% |
Q4 2021Dec 31, 2021 | ROST Ross Stores, Inc. | Buy | +94+0.2% |
Q4 2021Dec 31, 2021 | NKE Nike, Inc. | Buy | +62+0.1% |
Q4 2021Dec 31, 2021 | WCN Waste Connections, Inc. | Buy | +39+0.1% |
Q4 2021Dec 31, 2021 | SYK Stryker Corporation | Buy | +38+0.2% |
Q4 2021Dec 31, 2021 | A Agilent Technologies, Inc. | Buy | +36+0.1% |
Q4 2021Dec 31, 2021 | MSFT Microsoft Corporation | Buy | +34+0.1% |
Q4 2021Dec 31, 2021 | ZTS Zoetis Inc. | Buy | +28+0.1% |
Q4 2021Dec 31, 2021 | HD Home Depot, Inc. (The) | Buy | +28+0.3% |
Q4 2021Dec 31, 2021 | SPGI S&P Global Inc. | Buy | +20+0.1% |
Q4 2021Dec 31, 2021 | EL Estee Lauder Companies, Inc. (T | Buy | +15+0.1% |
Q4 2021Dec 31, 2021 | SHW Sherwin-Williams Company (The) | Buy | +15+0.1% |
Q4 2021Dec 31, 2021 | EFX Equifax, Inc. | Buy | +14+0.1% |
Q4 2021Dec 31, 2021 | INTU Intuit Inc. | Buy | +11+0.1% |
Q4 2021Dec 31, 2021 | DHR Danaher Corporation | Buy | +7+0.0% |
Q3 2021Sep 30, 2021 | DEO Diageo plc | Buy | +356+1.3% |
Q3 2021Sep 30, 2021 | OTIS Otis Worldwide Corporation | Buy | +160+0.2% |
Q3 2021Sep 30, 2021 | SBUX Starbucks Corporation | Buy | +147+0.3% |
Q3 2021Sep 30, 2021 | ROST Ross Stores, Inc. | Buy | +92+0.2% |
Q3 2021Sep 30, 2021 | NKE Nike, Inc. | Buy | +57+0.1% |
Q3 2021Sep 30, 2021 | SYK Stryker Corporation | Buy | +38+0.2% |
Q3 2021Sep 30, 2021 | A Agilent Technologies, Inc. | Buy | +37+0.1% |