Terry Smith – Fundsmith Portfolio Activity & Recent Trades (Jun 30, 2025)
As of Jun 30, 2025, the Fundsmith 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 – NAPCO Security Technologies, In (NSSC), Vertiv Holdings, LLC (VRT), Manhattan Associates, Inc. (MANH)
Increases – Catalyst Pharmaceuticals, Inc. (CPRX), Zoetis Inc. (ZTS), Intuit Inc. (INTU), Doximity, Inc. (DOCS)
These updates highlight how the portfolio adjusted across different sectors and market conditions, offering insights into allocation shifts and investment trends.
Fundsmith Activity
| Date | Symbol | Type | Quantity |
|---|---|---|---|
Q2 2023Jun 30, 2023 | ADP Automatic Data Processing, Inc. | Sell | -15,598-0.3% |
Q2 2023Jun 30, 2023 | NKE Nike, Inc. | Sell | -15,625-0.2% |
Q2 2023Jun 30, 2023 | MSFT Microsoft Corporation | Sell | -18,510-0.2% |
Q2 2023Jun 30, 2023 | MKC McCormick & Company, Incorporat | Sell | -31,481-0.2% |
Q2 2023Jun 30, 2023 | MASI Masimo Corporation | Sell | -33,942-4.4% |
Q2 2023Jun 30, 2023 | BF-B Brown Forman Inc | Sell | -34,531-0.3% |
Q2 2023Jun 30, 2023 | IPGP IPG Photonics Corporation | Sell | -294,061-34.4% |
Q2 2023Jun 30, 2023 | PM Philip Morris International Inc | Sell | -678,947-4.1% |
Q2 2023Jun 30, 2023 | CHD Church & Dwight Company, Inc. | Sell | -1,781,171-21.1% |
Q2 2023Jun 30, 2023 | AMZN Amazon.com, Inc. | Sell - Position Exit | -6,777,831-100.0% |
Q1 2023Mar 31, 2023 | PG Procter & Gamble Company (The) | Buy | +1,401,185+444.4% |
Q1 2023Mar 31, 2023 | AAPL Apple Inc. | Buy | +872,745+186.0% |
Q1 2023Mar 31, 2023 | GGG Graco Inc. | Buy - Position Entry | +545,911 |
Q1 2023Mar 31, 2023 | META Meta Platforms, Inc. | Buy | +187,406+3.4% |
Q1 2023Mar 31, 2023 | MAR Marriott International | Buy - Position Entry | +99,594 |
Q1 2023Mar 31, 2023 | BF-B Brown Forman Inc | Buy | +83,252+0.7% |
Q1 2023Mar 31, 2023 | MA Mastercard Incorporated | Buy - Position Entry | +41,664 |
Q1 2023Mar 31, 2023 | WAT Waters Corporation | Buy | +8,672+0.2% |
Q1 2023Mar 31, 2023 | MKC McCormick & Company, Incorporat | Buy | +3,377+0.0% |
Q1 2023Mar 31, 2023 | CHD Church & Dwight Company, Inc. | Buy | +3,355+0.0% |
Q1 2023Mar 31, 2023 | GOOGL Alphabet Inc. | Buy | +1,885+0.0% |
Q1 2023Mar 31, 2023 | JNJ Johnson & Johnson | Buy | +1,667+0.6% |
Q1 2023Mar 31, 2023 | PEP Pepsico, Inc. | Buy | +1,417+0.0% |
Q1 2023Mar 31, 2023 | ZTS Zoetis Inc. | Buy | +1,353+0.6% |
Q1 2023Mar 31, 2023 | V Visa Inc. | Buy | +1,275+0.0% |
Q1 2023Mar 31, 2023 | ADP Automatic Data Processing, Inc. | Buy | +1,246+0.0% |
Q1 2023Mar 31, 2023 | MSFT Microsoft Corporation | Buy | +1,065+0.0% |
Q1 2023Mar 31, 2023 | OTIS Otis Worldwide Corporation | Buy | +998+0.0% |
Q1 2023Mar 31, 2023 | HD Home Depot, Inc. (The) | Buy | +897+0.6% |
Q1 2023Mar 31, 2023 | MTD Mettler-Toledo International, I | Buy | +514+0.1% |