Fundsmith 13F holdings, Q3 2017
Holdings as of September 30, 2017 · filings on SEC EDGAR · latest filing →
Fundsmith disclosed 17 US equity positions worth $10.1bn in its Q3 2017 13F filing. The largest position was IDXX at 13.6% of the reported book, followed by MSFT and BARD. Against the Q2 2017 filing, it opened 0 new positions, added to 11 and reduced 1 among the top 17 holdings.
What did Fundsmith own in Q3 2017? Top 17 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2017 |
|---|---|---|---|---|---|---|---|
| 1 | IDXX IDEXX LABS INC | Healthcare | 13.6% | $1.4bn | 18,492,918 | 316% | added |
| 2 | MSFT MICROSOFT CORP | Technology | 8.1% | $818.0m | 11,076,335 | 3% | added |
| 3 | BARD | 8.0% | $807.2m | 2,528,269 | -1% | reduced | |
| 4 | WAT WATERS CORP | Healthcare | 7.7% | $778.5m | 4,355,756 | 14% | added |
| 5 | SYK STRYKER CORP | Healthcare | 7.2% | $725.5m | 5,174,629 | -0% | held |
| 6 | PM PHILIP MORRIS INT INC | Consumer Defensive | 6.9% | $698.9m | 6,251,789 | 19% | added |
| 7 | DR PEPPER SNAPPLE GROUP INC | 6.5% | $661.7m | 7,489,891 | 42% | added | |
| 8 | PEP PEPSICO INC | Consumer Defensive | 6.1% | $621.7m | 5,560,322 | 4% | added |
| 9 | ADP AUTOMATIC DATA PROCESSING | Technology | 6.0% | $605.4m | 5,553,237 | 7% | added |
| 10 | JNJ JOHNSON & JOHNSON | Healthcare | 5.6% | $566.1m | 4,374,191 | 7% | added |
| 11 | MMM 3M CO | Industrials | 5.4% | $548.1m | 2,615,924 | 21% | added |
| 12 | V VISA INC | Financial Services | 5.4% | $545.3m | 5,216,150 | -0% | held |
| 13 | BDX BECTON DICKINSON AND CO | Healthcare | 4.4% | $445.7m | 2,301,915 | -0% | held |
| 14 | EL LAUDER ESTEE COS INC | Consumer Defensive | 4.0% | $408.9m | 3,844,901 | -0% | held |
| 15 | INTU INTUIT | Technology | 3.1% | $310.9m | 2,184,854 | 100% | added |
| 16 | CL COLGATE PALMOLIVE CO | Consumer Defensive | 1.8% | $181.2m | 2,477,902 | 18% | added |
| 17 | MAR MARRIOTT INTL INC NE | Consumer Cyclical | 0.2% | $20.3m | 184,690 | -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.