Fundsmith 13F holdings, Q2 2018
Holdings as of June 30, 2018 · filings on SEC EDGAR · latest filing →
Fundsmith disclosed 17 US equity positions worth $13.4bn in its Q2 2018 13F filing. The largest position was PYPL at 9.4% of the reported book, followed by MCD and META. Against the Q1 2018 filing, it opened 1 new position, added to 10 and reduced 0 among the top 17 holdings.
What did Fundsmith own in Q2 2018? Top 17 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2018 |
|---|---|---|---|---|---|---|---|
| 1 | PYPL PAYPAL HOLDINGS INC | Financial Services | 9.4% | $1.3bn | 15,209,740 | -0% | held |
| 2 | MCD MICROSOFT | Consumer Cyclical | 8.9% | $1.2bn | 12,080,320 | – | new |
| 3 | META FACEBOOK | Communication Services | 8.0% | $1.1bn | 5,517,803 | 7% | added |
| 4 | IDXX IDEXX LABORATORIES | Healthcare | 7.2% | $965.3m | 4,429,104 | 0% | held |
| 5 | SYK STRYKER CORP | Healthcare | 6.9% | $931.5m | 5,516,662 | 0% | held |
| 6 | WAT WATERS CORP | Healthcare | 6.8% | $915.5m | 4,728,994 | 8% | added |
| 7 | BDX BECTON DICKINSON AND CO | Healthcare | 6.7% | $894.8m | 3,735,079 | 4% | added |
| 8 | PM PHILIP MORRIS INTERNATIONAL | Consumer Defensive | 6.3% | $845.8m | 10,475,148 | 18% | added |
| 9 | PEP PEPSICO INC | Consumer Defensive | 6.2% | $836.3m | 7,681,927 | 17% | added |
| 10 | INTU INTUI INC | Technology | 6.0% | $811.0m | 3,969,347 | 0% | held |
| 11 | ADP AUTOMATIC DATA PROCESSING | Technology | 5.8% | $776.2m | 5,786,490 | 0% | held |
| 12 | V VISA INC CLASS A SHARES | Financial Services | 5.6% | $757.6m | 5,719,877 | -0% | held |
| 13 | EL ESTEE LAUDER | Consumer Defensive | 5.2% | $701.5m | 4,916,559 | 14% | added |
| 14 | MMM 3M CO | Industrials | 5.0% | $668.5m | 3,398,172 | 26% | added |
| 15 | JNJ JOHNSON & JOHNSON | Healthcare | 4.1% | $552.8m | 4,555,486 | 5% | added |
| 16 | CL COLGATE PALMOLIVE CO | Consumer Defensive | 1.7% | $232.5m | 3,586,659 | 15% | added |
| 17 | MAR MARRIOTT INTERNATIONAL CL A | Consumer Cyclical | 0.1% | $17.4m | 137,544 | 1% | 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.