Fundsmith 13F holdings, Q2 2016
Holdings as of June 30, 2016 · filings on SEC EDGAR · latest filing →
Fundsmith disclosed 19 US equity positions worth $6.3bn in its Q2 2016 13F filing. The largest position was SJM at 8.3% of the reported book, followed by BARD C R INC and SYK. Against the Q1 2016 filing, it opened 3 new positions, added to 15 and reduced 0 among the top 19 holdings.
What did Fundsmith own in Q2 2016? Top 19 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2016 |
|---|---|---|---|---|---|---|---|
| 1 | SJM SMUCKER J M CO | Consumer Defensive | 8.3% | $525.9m | 3,450,789 | 68% | added |
| 2 | BARD C R INC | 8.2% | $516.2m | 2,197,626 | 25% | added | |
| 3 | SYK STRYKER CORP | Healthcare | 7.5% | $471.3m | 3,932,735 | 9% | added |
| 4 | MSFT MICROSOFT CORP | Technology | 7.2% | $452.2m | 8,837,391 | 12% | added |
| 5 | JNJ JOHNSON & JOHNSON | Healthcare | 7.1% | $449.4m | 3,704,693 | 24% | added |
| 6 | PM PHILIP MORRIS INTL INC | Consumer Defensive | 7.0% | $444.3m | 4,367,647 | 12% | added |
| 7 | IDXX IDEXX LABS INC | Healthcare | 6.6% | $415.0m | 4,469,336 | 6% | added |
| 8 | PEP PEPSICO INC | Consumer Defensive | 5.9% | $375.0m | 3,540,086 | 14% | added |
| 9 | PYPL PAYPAL HLDGS INC | Financial Services | 5.7% | $361.3m | 9,896,155 | 114% | added |
| 10 | DR PEPPER SNAPPLE GROUP INC | 5.5% | $348.0m | 3,601,159 | 0% | held | |
| 11 | WAT WATERS CORP | Healthcare | 5.4% | $343.4m | 2,441,318 | 66% | added |
| 12 | MMM 3M CO | Industrials | 5.4% | $339.1m | 1,936,501 | 29% | added |
| 13 | V VISA INC | Financial Services | 5.3% | $335.0m | 4,517,080 | 15% | added |
| 14 | ADP AUTOMATIC DATA PROCESSING IN | Technology | 4.9% | $306.6m | 3,336,791 | 15% | added |
| 15 | BDX BECTON DICKINSON & CO | Healthcare | 4.8% | $304.2m | 1,793,493 | 11% | added |
| 16 | EL LAUDER ESTEE COS INC | Consumer Defensive | 3.3% | $211.5m | 2,323,286 | – | new |
| 17 | CL COLGATE PALMOLIVE CO | Consumer Defensive | 1.6% | $100.8m | 1,384,087 | 7% | added |
| 18 | MAR MARRIOTT INTL INC NEW | Consumer Cyclical | 0.2% | $13.1m | 196,378 | – | new |
| 19 | ORCL ORACLE CORP | Technology | 0.0% | $919.0k | 22,526 | – | new |
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.