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 2025Mar 31, 2025 | GOOGL Alphabet Inc. | Sell | -3,644-0.2% |
Q1 2025Mar 31, 2025 | MAR Marriott International | Sell | -3,764-0.3% |
Q1 2025Mar 31, 2025 | FTNT Fortinet, Inc. | Sell | -4,324-0.2% |
Q1 2025Mar 31, 2025 | SHOP Shopify Inc. | Sell | -7,950-8.3% |
Q1 2025Mar 31, 2025 | WAT Waters Corporation | Sell | -9,098-0.7% |
Q1 2025Mar 31, 2025 | IDXX IDEXX Laboratories, Inc. | Sell | -10,649-1.2% |
Q1 2025Mar 31, 2025 | HD Home Depot, Inc. (The) | Sell | -10,655-18.8% |
Q1 2025Mar 31, 2025 | CHD Church & Dwight Company, Inc. | Sell | -11,149-0.4% |
Q1 2025Mar 31, 2025 | OTIS Otis Worldwide Corporation | Sell | -41,420-2.3% |
Q1 2025Mar 31, 2025 | ARGT Global X MSCI Argentina ETF | Sell - Position Exit | -58,754-100.0% |
Q1 2025Mar 31, 2025 | MEDP Medpace Holdings, Inc. | Sell - Position Exit | -64,138-100.0% |
Q1 2025Mar 31, 2025 | RDDT Reddit, Inc. | Sell - Position Exit | -76,675-100.0% |
Q1 2025Mar 31, 2025 | NVDA NVIDIA Corporation | Sell - Position Exit | -85,880-100.0% |
Q1 2025Mar 31, 2025 | PG Procter & Gamble Company (The) | Sell | -101,633-4.9% |
Q1 2025Mar 31, 2025 | SYK Stryker Corporation | Sell | -115,212-6.0% |
Q1 2025Mar 31, 2025 | V Visa Inc. | Sell | -134,639-8.7% |
Q1 2025Mar 31, 2025 | TSM Taiwan Semiconductor Manufactur | Sell - Position Exit | -149,989-100.0% |
Q1 2025Mar 31, 2025 | PM Philip Morris International Inc | Sell | -168,481-4.7% |
Q1 2025Mar 31, 2025 | ADP Automatic Data Processing, Inc. | Sell | -168,857-9.8% |
Q1 2025Mar 31, 2025 | META Meta Platforms, Inc. | Sell | -233,174-15.5% |
Q1 2025Mar 31, 2025 | MSFT Microsoft Corporation | Sell | -306,897-14.8% |
Q1 2025Mar 31, 2025 | PEP Pepsico, Inc. | Sell - Position Exit | -1,848,406-100.0% |
Q4 2024Dec 31, 2024 | SHOP Shopify Inc. | Buy - Position Entry | +96,127 |
Q4 2024Dec 31, 2024 | MAR Marriott International | Buy | +78,770+5.5% |
Q4 2024Dec 31, 2024 | RDDT Reddit, Inc. | Buy - Position Entry | +76,675 |
Q4 2024Dec 31, 2024 | MEDP Medpace Holdings, Inc. | Buy - Position Entry | +64,138 |
Q4 2024Dec 31, 2024 | ARGT Global X MSCI Argentina ETF | Buy - Position Entry | +58,754 |
Q4 2024Dec 31, 2024 | WM Waste Management, Inc. | Buy - Position Entry | +48,193 |
Q4 2024Dec 31, 2024 | IESC IES Holdings, Inc. | Buy - Position Entry | +33,400 |
Q4 2024Dec 31, 2024 | SYK Stryker Corporation | Buy | +20,163+1.1% |