Fundsmith 13F holdings, Q3 2016
Holdings as of September 30, 2016 · filings on SEC EDGAR · latest filing →
Fundsmith disclosed 19 US equity positions worth $7.3bn in its Q3 2016 13F filing. The largest position was MSFT at 7.8% of the reported book, followed by BARD C R INC and IDXX. Against the Q2 2016 filing, it opened 3 new positions, added to 13 and reduced 0 among the top 19 holdings.
What did Fundsmith own in Q3 2016? Top 19 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2016 |
|---|---|---|---|---|---|---|---|
| 1 | MSFT MICROSOFT CORP | Technology | 7.8% | $572.3m | 9,934,933 | 12% | added |
| 2 | BARD C R INC | 7.6% | $559.6m | 2,498,181 | – | new | |
| 3 | IDXX IDEXX LABS INC | Healthcare | 6.9% | $506.3m | 4,490,883 | 0% | held |
| 4 | PEP PEPSICO INC | Consumer Defensive | 6.8% | $500.6m | 4,602,811 | 30% | added |
| 5 | SJM SMUCKER J M CO | Consumer Defensive | 6.7% | $488.4m | 3,623,898 | 5% | added |
| 6 | PYPL PAYPAL HLDGS INC | Financial Services | 6.7% | $488.3m | 11,918,335 | 20% | added |
| 7 | PM PHILIP MORRIS INTL INC | Consumer Defensive | 6.6% | $482.8m | 4,966,048 | 14% | added |
| 8 | SYK STRYKER CORP | Healthcare | 6.6% | $481.6m | 4,136,878 | 5% | added |
| 9 | WAT WATERS CORP | Healthcare | 6.6% | $480.3m | 3,030,360 | 24% | added |
| 10 | JNJ JOHNSON & JOHNSON | Healthcare | 6.4% | $470.5m | 3,983,318 | 8% | added |
| 11 | V VISA INC | Financial Services | 5.6% | $408.9m | 4,944,537 | 9% | added |
| 12 | BECTON DICKINSON & CO | 5.0% | $369.4m | 2,055,436 | – | new | |
| 13 | DR PEPPER SNAPPLE GROUP INC | 4.9% | $360.5m | 3,948,607 | 10% | added | |
| 14 | MMM 3M CO | Industrials | 4.7% | $346.9m | 1,968,552 | 2% | added |
| 15 | AUTOMATIC DATA PROCESSING IN | 4.7% | $341.3m | 3,869,666 | – | new | |
| 16 | EL LAUDER ESTEE COS INC | Consumer Defensive | 4.2% | $303.8m | 3,430,435 | 48% | added |
| 17 | CL COLGATE PALMOLIVE CO | Consumer Defensive | 1.9% | $140.5m | 1,905,537 | 38% | added |
| 18 | MAR MARRIOTT INTL INC NEW | Consumer Cyclical | 0.2% | $13.2m | 196,378 | 0% | held |
| 19 | ORCL ORACLE CORP | Technology | 0.0% | $881.0k | 22,526 | 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.