Fundsmith 13F holdings, Q3 2015
Holdings as of September 30, 2015 · filings on SEC EDGAR · latest filing →
Fundsmith disclosed 20 US equity positions worth $3.3bn in its Q3 2015 13F filing. The largest position was MSFT at 10.2% of the reported book, followed by DR PEPPER SNAPPLE GROUP INC and PEP. Against the Q2 2015 filing, it opened 1 new position, added to 13 and reduced 3 among the top 20 holdings.
What did Fundsmith own in Q3 2015? Top 20 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2015 |
|---|---|---|---|---|---|---|---|
| 1 | MSFT MICROSOFT CORP | Technology | 10.2% | $333.4m | 7,531,685 | 5% | added |
| 2 | DR PEPPER SNAPPLE GROUP INC | 8.6% | $280.9m | 3,553,749 | 1% | added | |
| 3 | PEP PEPSICO INC | Consumer Defensive | 8.5% | $279.6m | 2,965,356 | 15% | added |
| 4 | SYK STRYKER CORP | Healthcare | 8.4% | $274.9m | 2,921,841 | 6% | added |
| 5 | BARD C R INC | 8.0% | $262.3m | 1,408,096 | 11% | added | |
| 6 | JNJ JOHNSON & JOHNSON | Healthcare | 7.7% | $251.7m | 2,696,170 | 17% | added |
| 7 | PM PHILIP MORRIS INTL INC | Consumer Defensive | 7.7% | $251.6m | 3,171,358 | 6% | added |
| 8 | MMM 3M CO | Industrials | 6.5% | $213.2m | 1,503,516 | 21% | added |
| 9 | BDX BECTON DICKINSON & CO | Healthcare | 6.4% | $210.0m | 1,582,864 | -4% | reduced |
| 10 | V VISA INC | Financial Services | 5.5% | $181.5m | 2,606,001 | 2% | added |
| 11 | ADP AUTOMATIC DATA PROCESSING IN | Technology | 5.0% | $165.4m | 2,058,579 | 17% | added |
| 12 | PG PROCTER & GAMBLE CO | Consumer Defensive | 4.1% | $134.5m | 1,870,102 | 16% | added |
| 13 | PYPL PAYPAL HLDGS INC | Financial Services | 4.0% | $132.5m | 4,269,126 | – | new |
| 14 | WAT WATERS CORP | Healthcare | 2.9% | $94.3m | 798,099 | 157% | added |
| 15 | CL COLGATE PALMOLIVE CO | Consumer Defensive | 2.4% | $79.2m | 1,248,194 | 0% | held |
| 16 | IDXX IDEXX LABS INC | Healthcare | 2.0% | $65.4m | 880,486 | 1217% | added |
| 17 | EBAY EBAY INC | Consumer Cyclical | 1.7% | $56.1m | 2,296,306 | -46% | reduced |
| 18 | DPZ DOMINOS PIZZA INC | Consumer Cyclical | 0.1% | $4.9m | 45,290 | -97% | reduced |
| 19 | DNKN DUNKIN BRANDS GROUP INC | 0.1% | $3.9m | 80,148 | 0% | held | |
| 20 | MAR MARRIOT INTL INC NEW | Consumer Cyclical | 0.1% | $3.7m | 54,182 | 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.