Fundsmith 13F holdings, Q2 2013
Holdings as of June 30, 2013 · filings on SEC EDGAR · latest filing →
Fundsmith disclosed 17 US equity positions worth $1.4bn in its Q2 2013 13F filing. The largest position was SYK at 9.2% of the reported book, followed by DR PEPPER SNAPPLE GROUP INC and DPZ. Against the Q1 2013 filing, it opened 2 new positions, added to 14 and reduced 1 among the top 17 holdings.
What did Fundsmith own in Q2 2013? Top 17 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2013 |
|---|---|---|---|---|---|---|---|
| 1 | SYK STRYKER CORP | Healthcare | 9.2% | $130.7m | 2,021,417 | 7% | added |
| 2 | DR PEPPER SNAPPLE GROUP INC | 9.1% | $130.0m | 2,831,057 | 9% | added | |
| 3 | DPZ DOMINOS PIZZA INC | Consumer Cyclical | 9.1% | $129.7m | 2,229,652 | 1% | added |
| 4 | MSFT MICROSOFT CORP | Technology | 8.6% | $121.8m | 3,525,044 | 11% | added |
| 5 | BDX BECTON DICKINSON & CO | Healthcare | 7.6% | $108.5m | 1,098,017 | – | new |
| 6 | PG PROCTER & GAMBLE CO | Consumer Defensive | 7.0% | $100.2m | 1,301,833 | 14% | added |
| 7 | ADP AUTOMATIC DATA PROCESSING INC | Technology | 6.8% | $97.0m | 1,408,541 | – | new |
| 8 | MMM 3M CO | Industrials | 6.4% | $91.3m | 835,096 | 2% | added |
| 9 | JNJ JOHNSON & JOHNSON | Healthcare | 6.3% | $89.2m | 1,038,629 | 10% | added |
| 10 | PEP PEPSICO INC | Consumer Defensive | 5.6% | $80.0m | 978,146 | 16% | added |
| 11 | WAT WATERS CORP | Healthcare | 5.2% | $74.5m | 744,352 | 25% | added |
| 12 | PM PHILIP MORRIS INTL INC | Consumer Defensive | 5.2% | $73.3m | 846,738 | 16% | added |
| 13 | CHH CHOICE HOTELS INTL INC | Consumer Cyclical | 4.0% | $56.5m | 1,422,535 | 39% | added |
| 14 | CL COLGATE PALMOLIVE CO | Consumer Defensive | 3.2% | $45.0m | 784,868 | 114% | added |
| 15 | MCD MCDONALDS CORP | Consumer Cyclical | 3.0% | $42.4m | 427,999 | 34% | added |
| 16 | BARD C R INC | 2.0% | $28.4m | 261,549 | -37% | reduced | |
| 17 | V VISA INC | Financial Services | 1.7% | $24.5m | 133,894 | 8% | added |
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.