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 2023Sep 30, 2023 | OTIS Otis Worldwide Corporation | Buy | +759+0.0% |
Q3 2023Sep 30, 2023 | PEP Pepsico, Inc. | Buy | +680+0.0% |
Q3 2023Sep 30, 2023 | ZTS Zoetis Inc. | Buy | +649+1.0% |
Q3 2023Sep 30, 2023 | V Visa Inc. | Buy | +612+0.0% |
Q3 2023Sep 30, 2023 | SYK Stryker Corporation | Buy | +604+0.0% |
Q3 2023Sep 30, 2023 | ADP Automatic Data Processing, Inc. | Buy | +597+0.0% |
Q3 2023Sep 30, 2023 | HD Home Depot, Inc. (The) | Buy | +431+1.0% |
Q3 2023Sep 30, 2023 | MA Mastercard Incorporated | Buy | +183+1.0% |
Q3 2023Sep 30, 2023 | IDXX IDEXX Laboratories, Inc. | Sell | -29,936-2.9% |
Q3 2023Sep 30, 2023 | MSFT Microsoft Corporation | Sell | -123,261-4.4% |
Q3 2023Sep 30, 2023 | EL Estee Lauder Companies, Inc. (T | Sell - Position Exit | -1,637,837-100.0% |
Q2 2023Jun 30, 2023 | PG Procter & Gamble Company (The) | Buy | +1,276,065+222.7% |
Q2 2023Jun 30, 2023 | V Visa Inc. | Buy | +220,790+15.0% |
Q2 2023Jun 30, 2023 | WAT Waters Corporation | Buy | +116,798+12.8% |
Q2 2023Jun 30, 2023 | SYK Stryker Corporation | Buy | +109,445+6.6% |
Q2 2023Jun 30, 2023 | FTNT Fortinet, Inc. | Buy - Position Entry | +86,860 |
Q2 2023Jun 30, 2023 | OTIS Otis Worldwide Corporation | Buy | +55,216+3.4% |
Q2 2023Jun 30, 2023 | ADP Automatic Data Processing, Inc. | Buy | +32,979+2.1% |
Q2 2023Jun 30, 2023 | AAPL Apple Inc. | Buy | +28,170+6.1% |
Q2 2023Jun 30, 2023 | MAR Marriott International | Buy | +27,515+98.2% |
Q2 2023Jun 30, 2023 | META Meta Platforms, Inc. | Buy | +21,689+1.5% |
Q2 2023Jun 30, 2023 | MSFT Microsoft Corporation | Buy | +17,618+0.6% |
Q2 2023Jun 30, 2023 | IDXX IDEXX Laboratories, Inc. | Buy | +15,108+1.5% |
Q2 2023Jun 30, 2023 | MA Mastercard Incorporated | Buy | +6,653+56.6% |
Q2 2023Jun 30, 2023 | FCNCA First Citizens BancShares, Inc. | Buy - Position Entry | +5,015 |
Q2 2023Jun 30, 2023 | MKC McCormick & Company, Incorporat | Buy | +4,944+0.1% |
Q2 2023Jun 30, 2023 | MTD Mettler-Toledo International, I | Buy | +4,821+2.1% |
Q2 2023Jun 30, 2023 | GOOGL Alphabet Inc. | Buy | +2,761+0.1% |
Q2 2023Jun 30, 2023 | JNJ Johnson & Johnson | Buy | +2,440+3.1% |
Q2 2023Jun 30, 2023 | PEP Pepsico, Inc. | Buy | +2,074+0.1% |