Fundsmith 13F holdings, Q4 2013
Holdings as of December 31, 2013 · filings on SEC EDGAR · latest filing →
Fundsmith disclosed 15 US equity positions worth $1.6bn in its Q4 2013 13F filing. The largest position was SYK at 9.9% of the reported book, followed by MCD and DPZ. Against the Q3 2013 filing, it opened 0 new positions, added to 6 and reduced 2 among the top 15 holdings.
What did Fundsmith own in Q4 2013? Top 15 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2013 |
|---|---|---|---|---|---|---|---|
| 1 | SYK STRYKER CORP | Healthcare | 9.9% | $158.9m | 2,114,386 | 1% | added |
| 2 | MCD MICROSOFT CORP | Consumer Cyclical | 9.6% | $155.0m | 4,142,263 | 1% | added |
| 3 | DPZ DOMINOS PIZZA INC | Consumer Cyclical | 9.2% | $148.7m | 2,134,570 | -4% | reduced |
| 4 | DR PEPPER SNAPPLE GROUP INC | 9.2% | $147.9m | 3,036,706 | 0% | held | |
| 5 | BECTON DICKINSON & CO | 8.1% | $130.0m | 1,176,328 | 3% | added | |
| 6 | MMM 3M CO | Industrials | 7.3% | $117.1m | 835,096 | 0% | held |
| 7 | AUTOMATIC DATA PROCESSING INC | 7.1% | $113.8m | 1,408,541 | 0% | held | |
| 8 | PG PROCTER & GAMBLE CO | Consumer Defensive | 6.6% | $106.0m | 1,301,833 | 0% | held |
| 9 | PEP PEPSICO INC | Consumer Defensive | 6.3% | $102.0m | 1,229,894 | 7% | added |
| 10 | PM PHILIP MORRIS INTL INC | Consumer Defensive | 6.1% | $97.5m | 1,119,353 | 13% | added |
| 11 | JNJ JOHNSON & JOHNSON | Healthcare | 5.9% | $95.3m | 1,040,791 | 0% | held |
| 12 | CHH CHOICE HOTELS INTL INC | Consumer Cyclical | 4.3% | $69.3m | 1,411,382 | -1% | reduced |
| 13 | BARD CR INC | 3.7% | $59.3m | 443,414 | 3% | added | |
| 14 | V VISA INC | Financial Services | 3.4% | $55.4m | 248,634 | 0% | held |
| 15 | CL COLGATE PALMOLIVE CO | Consumer Defensive | 3.4% | $54.8m | 841,004 | 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.