Fundsmith 13F holdings, Q2 2019
Holdings as of June 30, 2019 · filings on SEC EDGAR · latest filing →
Fundsmith disclosed 31 US equity positions worth $19.2bn in its Q2 2019 13F filing. The largest position was PYPL at 9.2% of the reported book, followed by MSFT and META. Against the Q1 2019 filing, it opened 0 new positions, added to 22 and reduced 1 among the top 31 holdings.
What did Fundsmith own in Q2 2019? Top 31 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2019 |
|---|---|---|---|---|---|---|---|
| 1 | PYPL PAYPAL HOLDINGS INC | Financial Services | 9.2% | $1.8bn | 15,391,028 | 0% | held |
| 2 | MSFT MICROSOFT | Technology | 8.5% | $1.6bn | 12,171,134 | 0% | held |
| 3 | META FACEBOOK | Communication Services | 6.5% | $1.2bn | 6,475,057 | 2% | added |
| 4 | IDXX IDEXX LABORATORIES | Healthcare | 6.4% | $1.2bn | 4,470,038 | 0% | held |
| 5 | EL ESTEE LAUDER | Consumer Defensive | 6.4% | $1.2bn | 6,660,785 | 0% | held |
| 6 | INTU INTUIT INC | Technology | 6.3% | $1.2bn | 4,651,847 | 4% | added |
| 7 | PM PHILIP MORRIS INTERNATIONAL | Consumer Defensive | 6.2% | $1.2bn | 15,268,507 | 15% | added |
| 8 | SYK STRYKER CORP | Healthcare | 6.2% | $1.2bn | 5,801,440 | 4% | added |
| 9 | WAT WATERS CORP | Healthcare | 5.7% | $1.1bn | 5,114,006 | 2% | added |
| 10 | PEP PEPSICO INC | Consumer Defensive | 5.7% | $1.1bn | 8,275,341 | 0% | held |
| 11 | V VISA INC CLASS A SHARES | Financial Services | 5.5% | $1.1bn | 6,123,530 | 6% | added |
| 12 | MKC MCCORMICK & CO NON VTG SHRS | Consumer Defensive | 5.5% | $1.1bn | 6,803,450 | 31% | added |
| 13 | ADP AUTOMATIC DATA PROCESSING | Technology | 5.3% | $1.0bn | 6,129,753 | 2% | added |
| 14 | BDX BECTON DICKINSON AND CO | Healthcare | 5.0% | $960.7m | 3,812,171 | 1% | added |
| 15 | JNJ JOHNSON & JOHNSON | Healthcare | 3.9% | $752.1m | 5,400,131 | 17% | added |
| 16 | MMM 3M CO | Industrials | 3.2% | $611.8m | 3,529,691 | -0% | held |
| 17 | MASI* MASIMO | 0.4% | $85.6m | 574,963 | 17% | added | |
| 18 | EFX EQUIFAX | Industrials | 0.4% | $84.0m | 620,821 | 7% | added |
| 19 | SABR SABRE | Technology | 0.4% | $80.6m | 3,630,918 | 22% | added |
| 20 | VRSK VERISK ANALYTICS | Industrials | 0.4% | $77.0m | 526,010 | 2% | added |
| 21 | CHECK POINT SOFTWARE TECH | 0.4% | $72.1m | 623,478 | 19% | added | |
| 22 | AKX ANSYS | 0.3% | $66.3m | 323,777 | 11% | added | |
| 23 | VRSN VERISIGN | Technology | 0.3% | $57.1m | 272,873 | 0% | held |
| 24 | CGNX COGNEX | Technology | 0.3% | $56.0m | 1,167,817 | 13% | added |
| 25 | CDK CDK GBL. | 0.3% | $54.9m | 1,111,332 | 20% | added | |
| 26 | IPGP IPG PHOTONICS | Technology | 0.3% | $52.3m | 338,819 | 55% | added |
| 27 | MSCI MSCI | Financial Services | 0.2% | $46.5m | 194,770 | 3% | added |
| 28 | AOS AO SMITH | Industrials | 0.2% | $40.0m | 848,563 | 11% | added |
| 29 | PAYC PAYCOM SOFTWARE | Technology | 0.2% | $38.8m | 170,928 | 0% | held |
| 30 | MAR MARRIOTT INTERNATIONAL CL A | Consumer Cyclical | 0.1% | $24.8m | 176,682 | -2% | reduced |
| 31 | MELI MERCADOLIBRE | Consumer Cyclical | 0.1% | $14.5m | 23,644 | 29% | 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.