Fundsmith 13F holdings, Q1 2018
Holdings as of March 31, 2018 · filings on SEC EDGAR · latest filing →
Fundsmith disclosed 17 US equity positions worth $12.1bn in its Q1 2018 13F filing. The largest position was PYPL at 9.5% of the reported book, followed by MSFT and SYK. Against the Q4 2017 filing, it opened 1 new position, added to 11 and reduced 1 among the top 17 holdings.
What did Fundsmith own in Q1 2018? Top 17 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2017 |
|---|---|---|---|---|---|---|---|
| 1 | PYPL PAYPAL HLDGS INC | Financial Services | 9.5% | $1.2bn | 15,224,967 | 5% | added |
| 2 | MSFT MICROSOFT CORP | Technology | 9.1% | $1.1bn | 12,075,307 | 9% | added |
| 3 | SYK STRYKER CORP | Healthcare | 7.3% | $887.4m | 5,514,447 | 7% | added |
| 4 | PM PHILIP MORRIS INTL INC | Consumer Defensive | 7.3% | $885.5m | 8,908,787 | 19% | added |
| 5 | WAT WATERS CORP | Healthcare | 7.2% | $867.8m | 4,368,590 | 0% | held |
| 6 | IDXX IDEXX LABORATORIES | Healthcare | 7.0% | $847.4m | 4,427,657 | 1% | added |
| 7 | META FACEBOOK | Communication Services | 6.8% | $821.8m | 5,142,881 | – | new |
| 8 | BDX BECTON DICKINSON & CO | Healthcare | 6.4% | $781.4m | 3,605,906 | 57% | added |
| 9 | PEP PEPSICO INC | Consumer Defensive | 5.9% | $718.6m | 6,583,613 | 13% | added |
| 10 | INTU INTUIT | Technology | 5.7% | $687.8m | 3,967,675 | 44% | added |
| 11 | V VISA INC | Financial Services | 5.6% | $684.3m | 5,720,718 | -0% | held |
| 12 | ADP AUTOMATIC DATA PROCESSING IN | Technology | 5.4% | $655.7m | 5,777,983 | 5% | added |
| 13 | EL LAUDER ESTEE COS INC | Consumer Defensive | 5.3% | $645.2m | 4,309,460 | 12% | added |
| 14 | MMM 3M CO | Industrials | 4.9% | $593.2m | 2,702,412 | 0% | held |
| 15 | JNJ JOHNSON & JOHNSON | Healthcare | 4.6% | $554.5m | 4,327,311 | -0% | held |
| 16 | CL COLGATE PALMOLIVE CO | Consumer Defensive | 1.8% | $224.2m | 3,127,734 | 25% | added |
| 17 | MAR MARRIOTT INTL INC NEW | Consumer Cyclical | 0.2% | $18.6m | 136,742 | -2% | reduced |
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.