Fundsmith 13F holdings, Q1 2013
Holdings as of March 31, 2013 · filings on SEC EDGAR · latest filing →
Fundsmith disclosed 17 US equity positions worth $1.2bn in its Q1 2013 13F filing. The largest position was SYK at 9.8% of the reported book, followed by DR PEPPER SNAPPLE GROUP INC and DPZ. Against the Q4 2012 filing, it opened 5 new positions, added to 11 and reduced 0 among the top 17 holdings.
What did Fundsmith own in Q1 2013? Top 17 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2012 |
|---|---|---|---|---|---|---|---|
| 1 | SYK STRYKER CORP | Healthcare | 9.8% | $122.0m | 1,881,193 | 42% | added |
| 2 | DR PEPPER SNAPPLE GROUP INC | 9.7% | $121.4m | 2,602,389 | 49% | added | |
| 3 | DPZ DOMINO S PIZZA INC | Consumer Cyclical | 9.0% | $112.5m | 2,198,085 | 33% | added |
| 4 | BECTON DICKINSON AND CO | 8.0% | $99.9m | 1,049,564 | – | new | |
| 5 | AUTOMATIC DATA PROCESSING | 7.3% | $91.1m | 1,408,541 | – | new | |
| 6 | MSFT MICROSOFT CORP | Technology | 7.2% | $90.3m | 3,182,263 | – | new |
| 7 | PG PROCTER + GAMBLE CO/THE | Consumer Defensive | 7.1% | $88.1m | 1,143,951 | 39% | added |
| 8 | MMM 3M CO | Industrials | 6.9% | $86.3m | 819,363 | 21% | added |
| 9 | JNJ JOHNSON + JOHNSON | Healthcare | 6.1% | $76.6m | 942,464 | 29% | added |
| 10 | PM PHILIP MORRIS INTERNATIONAL | Consumer Defensive | 5.4% | $67.1m | 729,197 | 55% | added |
| 11 | PEP PEPSICO INC | Consumer Defensive | 5.3% | $66.1m | 844,789 | 43% | added |
| 12 | WAT WATERS CORP | Healthcare | 4.4% | $55.3m | 593,152 | 30% | added |
| 13 | CL COLGATE PALMOLIVE CO | Consumer Defensive | 3.4% | $42.8m | 366,410 | – | new |
| 14 | CHH CHOICE HOTELS INTL INC | Consumer Cyclical | 3.4% | $42.6m | 1,021,549 | 77% | added |
| 15 | SIGMA ALDRICH | 2.6% | $31.9m | 413,824 | 16% | added | |
| 16 | MCD MCDONALD S CORP | Consumer Cyclical | 2.5% | $31.5m | 318,494 | – | new |
| 17 | V VISA INC CLASS A SHARES | Financial Services | 1.7% | $20.9m | 124,057 | 0% | held |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.