Fundsmith 13F holdings, Q3 2018
Holdings as of September 30, 2018 · filings on SEC EDGAR · latest filing →
Fundsmith disclosed 17 US equity positions worth $14.9bn in its Q3 2018 13F filing. The largest position was MSFT at 9.3% of the reported book, followed by PYPL and IDXX. Against the Q2 2018 filing, it opened 1 new position, added to 10 and reduced 0 among the top 17 holdings.
What did Fundsmith own in Q3 2018? Top 17 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2018 |
|---|---|---|---|---|---|---|---|
| 1 | MSFT MICROSOFT | Technology | 9.3% | $1.4bn | 12,074,060 | – | new |
| 2 | PYPL PAYPAL HOLDINGS INC | Financial Services | 9.0% | $1.3bn | 15,202,210 | -0% | held |
| 3 | IDXX IDEXX LABORATORIES | Healthcare | 7.4% | $1.1bn | 4,426,643 | -0% | held |
| 4 | PM PHILIP MORRIS INTERNATIONAL | Consumer Defensive | 6.8% | $1.0bn | 12,409,367 | 18% | added |
| 5 | SYK STRYKER CORP | Healthcare | 6.6% | $981.0m | 5,521,353 | 0% | held |
| 6 | META FACEBOOK | Communication Services | 6.6% | $980.3m | 5,960,662 | 8% | added |
| 7 | WAT WATERS CORP | Healthcare | 6.6% | $978.6m | 5,026,559 | 6% | added |
| 8 | BDX BECTON DICKINSON AND CO | Healthcare | 6.6% | $976.9m | 3,743,042 | 0% | held |
| 9 | INTU INTUI INC | Technology | 6.2% | $930.1m | 4,090,229 | 3% | added |
| 10 | PEP PEPSICO INC | Consumer Defensive | 6.1% | $913.4m | 8,170,141 | 6% | added |
| 11 | ADP AUTOMATIC DATA PROCESSING | Technology | 5.9% | $875.7m | 5,812,535 | 0% | held |
| 12 | V VISA INC CLASS A SHARES | Financial Services | 5.8% | $857.9m | 5,715,741 | -0% | held |
| 13 | EL ESTEE LAUDER | Consumer Defensive | 5.7% | $854.6m | 5,880,997 | 20% | added |
| 14 | MMM 3M CO | Industrials | 4.9% | $734.7m | 3,486,738 | 3% | added |
| 15 | JNJ JOHNSON & JOHNSON | Healthcare | 4.2% | $633.0m | 4,581,202 | 1% | added |
| 16 | CL COLGATE PALMOLIVE CO | Consumer Defensive | 2.3% | $338.9m | 5,061,560 | 41% | added |
| 17 | MAR MARRIOTT INTERNATIONAL CL A | Consumer Cyclical | 0.1% | $21.1m | 159,638 | 16% | 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.