Fundsmith 13F holdings, Q2 2017
Holdings as of June 30, 2017 · filings on SEC EDGAR · latest filing →
Fundsmith disclosed 19 US equity positions worth $9.5bn in its Q2 2017 13F filing. The largest position was BARD C R INC at 8.4% of the reported book, followed by PYPL and MSFT. Against the Q1 2017 filing, it opened 1 new position, added to 8 and reduced 6 among the top 19 holdings.
What did Fundsmith own in Q2 2017? Top 19 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2017 |
|---|---|---|---|---|---|---|---|
| 1 | BARD C R INC | 8.4% | $804.5m | 2,547,140 | -0% | held | |
| 2 | PYPL PAYPAL HLDGS INC | Financial Services | 7.9% | $754.1m | 14,051,261 | 7% | added |
| 3 | MSFT MICROSOFT CORP | Technology | 7.7% | $739.0m | 10,720,725 | 5% | added |
| 4 | SYK STRYKER CORP | Healthcare | 7.5% | $718.3m | 5,176,005 | 0% | held |
| 5 | IDXX IDEXX LABS INC | Healthcare | 7.5% | $717.7m | 4,446,040 | -1% | reduced |
| 6 | WAT WATERS CORP | Healthcare | 7.4% | $704.8m | 3,833,955 | 12% | added |
| 7 | PEP PEPSICO INC | Consumer Defensive | 6.5% | $616.1m | 5,334,959 | -1% | reduced |
| 8 | PM PHILIP MORRIS INTL INC | Consumer Defensive | 6.5% | $615.5m | 5,240,912 | 2% | added |
| 9 | JNJ JOHNSON & JOHNSON | Healthcare | 5.7% | $539.5m | 4,078,477 | -1% | reduced |
| 10 | ADP AUTOMATIC DATA PROCESSING IN | Technology | 5.6% | $530.4m | 5,176,340 | 29% | added |
| 11 | V VISA INC | Financial Services | 5.1% | $489.3m | 5,217,623 | 5% | added |
| 12 | DR PEPPER SNAPPLE GROUP INC | 5.1% | $482.1m | 5,291,897 | -1% | reduced | |
| 13 | BDX BECTON DICKINSON & CO | Healthcare | 4.7% | $449.3m | 2,302,590 | 0% | held |
| 14 | MMM 3M CO | Industrials | 4.7% | $448.4m | 2,154,065 | 10% | added |
| 15 | EL LAUDER ESTEE COS INC | Consumer Defensive | 3.9% | $369.1m | 3,845,509 | 3% | added |
| 16 | SJM SMUCKER J M CO | Consumer Defensive | 2.5% | $240.3m | 2,043,846 | -43% | reduced |
| 17 | CL COLGATE PALMOLIVE CO | Consumer Defensive | 1.6% | $155.2m | 2,105,319 | -1% | reduced |
| 18 | INTU INTUIT | Technology | 1.5% | $144.5m | 1,090,434 | – | new |
| 19 | MAR MARRIOTT INTL INC NEW | Consumer Cyclical | 0.2% | $18.5m | 184,750 | 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.