Fundsmith 13F holdings, Q1 2017
Holdings as of March 31, 2017 · filings on SEC EDGAR · latest filing →
Fundsmith disclosed 18 US equity positions worth $8.6bn in its Q1 2017 13F filing. The largest position was IDXX at 8.0% of the reported book, followed by SYK and MSFT. Against the Q4 2016 filing, it opened 0 new positions, added to 10 and reduced 0 among the top 18 holdings.
What did Fundsmith own in Q1 2017? Top 18 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2016 |
|---|---|---|---|---|---|---|---|
| 1 | IDXX IDEXX LABS INC | Healthcare | 8.0% | $692.7m | 4,480,207 | 0% | held |
| 2 | SYK STRYKER CORP | Healthcare | 7.9% | $681.3m | 5,175,453 | 5% | added |
| 3 | MSFT MICROSOFT CORP | Technology | 7.8% | $671.9m | 10,202,117 | -0% | held |
| 4 | BARD C R INC | 7.4% | $634.0m | 2,553,141 | 2% | added | |
| 5 | PEP PEPSICO INC | Consumer Defensive | 7.0% | $600.7m | 5,370,205 | 8% | added |
| 6 | PM PHILIP MORRIS INTL INC | Consumer Defensive | 6.8% | $582.8m | 5,161,806 | 0% | held |
| 7 | PYPL PAYPAL HLDGS INC | Financial Services | 6.6% | $566.2m | 13,161,285 | 4% | added |
| 8 | WAT WATERS CORP | Healthcare | 6.2% | $536.5m | 3,432,535 | 11% | added |
| 9 | DR PEPPER SNAPPLE GROUP INC | 6.1% | $521.8m | 5,329,086 | 0% | held | |
| 10 | JNJ JOHNSON & JOHNSON | Healthcare | 5.9% | $511.2m | 4,104,073 | 0% | held |
| 11 | SJM SMUCKER J M CO | Consumer Defensive | 5.5% | $473.8m | 3,614,566 | -0% | held |
| 12 | V VISA INC | Financial Services | 5.1% | $440.3m | 4,954,693 | 0% | held |
| 13 | BDX BECTON DICKINSON & CO | Healthcare | 4.9% | $421.3m | 2,296,613 | 3% | added |
| 14 | ADP AUTOMATIC DATA PROCESSING IN | Technology | 4.8% | $410.7m | 4,011,368 | 3% | added |
| 15 | MMM 3M CO | Industrials | 4.3% | $373.9m | 1,954,349 | -0% | held |
| 16 | EL LAUDER ESTEE COS INC | Consumer Defensive | 3.7% | $316.0m | 3,727,020 | 4% | added |
| 17 | CL COLGATE PALMOLIVE CO | Consumer Defensive | 1.8% | $154.6m | 2,123,477 | 10% | added |
| 18 | MAR MARRIOTT INTL INC NEW | Consumer Cyclical | 0.2% | $17.4m | 184,690 | 5% | added |
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.