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 |
|---|---|---|---|
Q4 2023Dec 31, 2023 | CHD Church & Dwight Company, Inc. | Buy | +20,899+0.8% |
Q4 2023Dec 31, 2023 | PG Procter & Gamble Company (The) | Buy | +11,867+0.6% |
Q4 2023Dec 31, 2023 | JNJ Johnson & Johnson | Buy | +10,381+12.8% |
Q4 2023Dec 31, 2023 | OTIS Otis Worldwide Corporation | Buy | +9,861+0.6% |
Q4 2023Dec 31, 2023 | ZTS Zoetis Inc. | Buy | +8,430+12.8% |
Q4 2023Dec 31, 2023 | SYK Stryker Corporation | Buy | +7,853+0.4% |
Q4 2023Dec 31, 2023 | MAR Marriott International | Buy | +7,166+0.5% |
Q4 2023Dec 31, 2023 | MTD Mettler-Toledo International, I | Buy | +6,342+2.7% |
Q4 2023Dec 31, 2023 | HD Home Depot, Inc. (The) | Buy | +5,586+12.8% |
Q4 2023Dec 31, 2023 | V Visa Inc. | Buy | +4,344+0.3% |
Q4 2023Dec 31, 2023 | MA Mastercard Incorporated | Buy | +2,374+12.8% |
Q4 2023Dec 31, 2023 | MCD McDonald's Corporation | Buy | +1,103+3.8% |
Q4 2023Dec 31, 2023 | MKC McCormick & Company, Incorporat | Sell | -7,025-0.2% |
Q4 2023Dec 31, 2023 | PM Philip Morris International Inc | Sell | -66,757-1.5% |
Q4 2023Dec 31, 2023 | GOOGL Alphabet Inc. | Sell | -100,359-5.0% |
Q4 2023Dec 31, 2023 | PEP Pepsico, Inc. | Sell | -102,028-4.8% |
Q4 2023Dec 31, 2023 | IDXX IDEXX Laboratories, Inc. | Sell | -170,973-17.3% |
Q4 2023Dec 31, 2023 | MSFT Microsoft Corporation | Sell | -258,420-9.8% |
Q3 2023Sep 30, 2023 | MAR Marriott International | Buy | +1,271,972+2290.4% |
Q3 2023Sep 30, 2023 | FTNT Fortinet, Inc. | Buy | +651,599+750.2% |
Q3 2023Sep 30, 2023 | WAT Waters Corporation | Buy | +80,889+7.9% |
Q3 2023Sep 30, 2023 | CHD Church & Dwight Company, Inc. | Buy | +68,273+2.6% |
Q3 2023Sep 30, 2023 | PM Philip Morris International Inc | Buy | +64,586+1.5% |
Q3 2023Sep 30, 2023 | MCD McDonald's Corporation | Buy - Position Entry | +29,341 |
Q3 2023Sep 30, 2023 | FCNCA First Citizens BancShares, Inc. | Buy | +2,281+45.5% |
Q3 2023Sep 30, 2023 | MTD Mettler-Toledo International, I | Buy | +1,766+0.8% |
Q3 2023Sep 30, 2023 | MKC McCormick & Company, Incorporat | Buy | +1,619+0.0% |
Q3 2023Sep 30, 2023 | PG Procter & Gamble Company (The) | Buy | +914+0.0% |
Q3 2023Sep 30, 2023 | GOOGL Alphabet Inc. | Buy | +904+0.0% |
Q3 2023Sep 30, 2023 | JNJ Johnson & Johnson | Buy | +799+1.0% |