Fundsmith 13F holdings, Q4 2014
Holdings as of December 31, 2014 · filings on SEC EDGAR · latest filing →
Fundsmith disclosed 16 US equity positions worth $2.8bn in its Q4 2014 13F filing. The largest position was MCD at 10.1% of the reported book, followed by DR PEPPER SNAPPLE GROUP INC and SYK. Against the Q3 2014 filing, it opened 0 new positions, added to 12 and reduced 1 among the top 16 holdings.
What did Fundsmith own in Q4 2014? Top 16 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2014 |
|---|---|---|---|---|---|---|---|
| 1 | MCD MICROSOFT CORP | Consumer Cyclical | 10.1% | $284.1m | 6,116,468 | 11% | added |
| 2 | DR PEPPER SNAPPLE GROUP INC | 9.0% | $251.9m | 3,514,615 | 4% | added | |
| 3 | SYK STRYKER CORP | Healthcare | 8.7% | $244.4m | 2,590,890 | 2% | added |
| 4 | BDX BECTON DICKINSON & CO | Healthcare | 8.5% | $238.7m | 1,714,997 | 12% | added |
| 5 | PM PHILIP MORRIS INTL INC | Consumer Defensive | 7.2% | $202.7m | 2,488,707 | 28% | added |
| 6 | DPZ DOMINOS PIZZA INC | Consumer Cyclical | 7.2% | $201.0m | 2,134,570 | 0% | held |
| 7 | PEP PEPSICO INC | Consumer Defensive | 6.6% | $186.1m | 1,967,897 | 4% | added |
| 8 | EBAY EBAY INC | Consumer Cyclical | 6.2% | $172.5m | 3,073,912 | 59% | added |
| 9 | JNJ JOHNSON & JOHNSON | Healthcare | 6.1% | $170.4m | 1,629,983 | 14% | added |
| 10 | V VISA INC | Financial Services | 5.6% | $156.7m | 597,748 | 0% | held |
| 11 | BARD C R INC | 5.6% | $155.9m | 936,922 | 17% | added | |
| 12 | MMM 3M CO | Industrials | 5.1% | $142.4m | 866,465 | 2% | added |
| 13 | PG PROCTER & GAMBLE CO | Consumer Defensive | 5.0% | $139.5m | 1,541,919 | 8% | added |
| 14 | ADP AUTOMATIC DATA PROCESSING INC | Technology | 4.9% | $137.5m | 1,649,776 | 4% | added |
| 15 | CL COLGATE PALMOLIVE CO | Consumer Defensive | 2.4% | $66.9m | 972,598 | 0% | held |
| 16 | CHH CHOICE HOTELS INTL INC | Consumer Cyclical | 1.9% | $53.9m | 961,757 | -21% | reduced |
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.