Fundsmith 13F holdings, Q1 2016
Holdings as of March 31, 2016 · filings on SEC EDGAR · latest filing →
Fundsmith disclosed 17 US equity positions worth $4.6bn in its Q1 2016 13F filing. The largest position was MSFT at 9.3% of the reported book, followed by SYK and PM. Against the Q4 2015 filing, it opened 0 new positions, added to 14 and reduced 0 among the top 17 holdings.
What did Fundsmith own in Q1 2016? Top 17 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2015 |
|---|---|---|---|---|---|---|---|
| 1 | MSFT MICROSOFT CORP | Technology | 9.3% | $434.1m | 7,860,330 | 4% | added |
| 2 | SYK STRYKER CORP | Healthcare | 8.3% | $386.8m | 3,605,529 | 13% | added |
| 3 | PM PHILIP MORRIS INTL INC | Consumer Defensive | 8.3% | $383.9m | 3,913,280 | 8% | added |
| 4 | BARD C R INC | 7.7% | $357.1m | 1,762,031 | 11% | added | |
| 5 | IDXX IDEXX LABS INC | Healthcare | 7.1% | $329.8m | 4,210,679 | 69% | added |
| 6 | JNJ JOHNSON & JOHNSON | Healthcare | 7.0% | $323.0m | 2,985,161 | 5% | added |
| 7 | DR PEPPER SNAPPLE GROUP INC | 6.9% | $322.0m | 3,601,159 | 1% | added | |
| 8 | PEP PEPSICO INC | Consumer Defensive | 6.9% | $319.3m | 3,115,986 | 1% | added |
| 9 | V VISA INC | Financial Services | 6.5% | $300.0m | 3,922,506 | 41% | added |
| 10 | SJM SMUCKER J M CO | Consumer Defensive | 5.7% | $266.3m | 2,050,979 | 171% | added |
| 11 | ADP AUTOMATIC DATA PROCESSING IN | Technology | 5.6% | $260.1m | 2,899,555 | 18% | added |
| 12 | MMM 3M CO | Industrials | 5.4% | $250.5m | 1,503,516 | 0% | held |
| 13 | BDX BECTON DICKINSON & CO | Healthcare | 5.3% | $245.1m | 1,614,464 | 2% | added |
| 14 | WAT WATERS CORP | Healthcare | 4.2% | $193.6m | 1,467,530 | 27% | added |
| 15 | PYPL PAYPAL HLDGS INC | Financial Services | 3.8% | $178.3m | 4,620,093 | 9% | added |
| 16 | CL COLGATE PALMOLIVE CO | Consumer Defensive | 2.0% | $90.9m | 1,293,729 | 0% | held |
| 17 | DNKN DUNKIN BRANDS GROUP INC | 0.1% | $4.2m | 89,269 | 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.