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 2024Sep 30, 2024 | MTD Mettler-Toledo International, I | Buy | +655+0.3% |
Q3 2024Sep 30, 2024 | ADP Automatic Data Processing, Inc. | Sell | -645-0.0% |
Q3 2024Sep 30, 2024 | PEP Pepsico, Inc. | Sell | -7,739-0.4% |
Q3 2024Sep 30, 2024 | MSFT Microsoft Corporation | Sell | -62,195-2.8% |
Q3 2024Sep 30, 2024 | BF-B Brown Forman Inc | Sell | -709,790-19.7% |
Q3 2024Sep 30, 2024 | PM Philip Morris International Inc | Sell | -804,712-17.4% |
Q3 2024Sep 30, 2024 | MKC McCormick & Company, Incorporat | Sell | -2,125,681-96.1% |
Q2 2024Jun 30, 2024 | FTNT Fortinet, Inc. | Buy | +515,829+25.9% |
Q2 2024Jun 30, 2024 | PM Philip Morris International Inc | Buy | +219,811+5.0% |
Q2 2024Jun 30, 2024 | CHD Church & Dwight Company, Inc. | Buy | +208,010+7.7% |
Q2 2024Jun 30, 2024 | PG Procter & Gamble Company (The) | Buy | +155,400+8.3% |
Q2 2024Jun 30, 2024 | TXN Texas Instruments Incorporated | Buy | +151,672+56.1% |
Q2 2024Jun 30, 2024 | ADP Automatic Data Processing, Inc. | Buy | +145,844+8.6% |
Q2 2024Jun 30, 2024 | NKE Nike, Inc. | Buy | +113,579+5.2% |
Q2 2024Jun 30, 2024 | V Visa Inc. | Buy | +111,301+6.5% |
Q2 2024Jun 30, 2024 | GOOGL Alphabet Inc. | Buy | +108,596+5.7% |
Q2 2024Jun 30, 2024 | SYK Stryker Corporation | Buy | +100,447+5.6% |
Q2 2024Jun 30, 2024 | META Meta Platforms, Inc. | Buy | +90,496+6.0% |
Q2 2024Jun 30, 2024 | WAT Waters Corporation | Buy | +89,822+7.9% |
Q2 2024Jun 30, 2024 | NVDA NVIDIA Corporation | Buy - Position Entry | +85,880 |
Q2 2024Jun 30, 2024 | MAR Marriott International | Buy | +82,463+6.2% |
Q2 2024Jun 30, 2024 | OTIS Otis Worldwide Corporation | Buy | +74,985+4.4% |
Q2 2024Jun 30, 2024 | IDXX IDEXX Laboratories, Inc. | Buy | +42,281+5.2% |
Q2 2024Jun 30, 2024 | MTD Mettler-Toledo International, I | Buy | +15,185+6.2% |
Q2 2024Jun 30, 2024 | MSFT Microsoft Corporation | Buy | +5,465+0.2% |
Q2 2024Jun 30, 2024 | ZTS Zoetis Inc. | Buy | +3,171+3.9% |
Q2 2024Jun 30, 2024 | FCNCA First Citizens BancShares, Inc. | Buy | +3,073+42.1% |
Q2 2024Jun 30, 2024 | HD Home Depot, Inc. (The) | Buy | +2,037+4.0% |
Q2 2024Jun 30, 2024 | MCD McDonald's Corporation | Buy | +1,297+3.9% |
Q2 2024Jun 30, 2024 | MA Mastercard Incorporated | Buy | +893+3.9% |