Fundsmith 13F holdings, Q3 2013
Holdings as of September 30, 2013 · filings on SEC EDGAR · latest filing →
Fundsmith disclosed 16 US equity positions worth $1.5bn in its Q3 2013 13F filing. The largest position was DPZ at 10.1% of the reported book, followed by SYK and MCD. Against the Q2 2013 filing, it opened 2 new positions, added to 8 and reduced 1 among the top 16 holdings.
What did Fundsmith own in Q3 2013? Top 16 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2013 |
|---|---|---|---|---|---|---|---|
| 1 | DPZ DOMINOS PIZZA INC | Consumer Cyclical | 10.1% | $151.5m | 2,229,652 | 0% | held |
| 2 | SYK STRYKER CORP | Healthcare | 9.4% | $141.3m | 2,091,159 | 3% | added |
| 3 | MCD MICROSOFT CORP | Consumer Cyclical | 9.1% | $136.3m | 4,094,461 | 857% | added |
| 4 | DR PEPPER SNAPPLE GROUP INC | 9.1% | $136.1m | 3,036,706 | 7% | added | |
| 5 | BECTON DICKINSON & CO | 7.6% | $114.6m | 1,145,413 | – | new | |
| 6 | AUTOMATIC DATA PROCESSING INC | 6.8% | $102.0m | 1,408,541 | – | new | |
| 7 | MMM 3M CO | Industrials | 6.6% | $99.7m | 835,096 | 0% | held |
| 8 | PG PROCTER & GAMBLE CO | Consumer Defensive | 6.5% | $98.4m | 1,301,833 | 0% | held |
| 9 | PEP PEPSICO INC | Consumer Defensive | 6.1% | $91.3m | 1,148,821 | 17% | added |
| 10 | JNJ JOHNSON & JOHNSON | Healthcare | 6.0% | $90.0m | 1,038,629 | 0% | held |
| 11 | PM PHILIP MORRIS INTL INC | Consumer Defensive | 5.7% | $85.8m | 990,377 | 17% | added |
| 12 | CHH CHOICE HOTELS INTL INC | Consumer Cyclical | 4.1% | $61.2m | 1,422,535 | 0% | held |
| 13 | CL COLGATE PALMOLIVE CO | Consumer Defensive | 3.3% | $49.6m | 841,004 | 7% | added |
| 14 | BARD CR INC | 3.3% | $49.6m | 430,224 | 64% | added | |
| 15 | WAT WATERS CORP | Healthcare | 3.2% | $47.7m | 449,096 | -40% | reduced |
| 16 | V VISA INC | Financial Services | 3.2% | $47.5m | 248,634 | 86% | 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.