Fundsmith (Terry Smith) disclosed 31 US equity positions worth $19.2bn in its Q2 2019 13F filing. Its largest position is PYPL at 9.2% of the reported book, followed by MSFT and META. Versus Q1 2019 it opened 0 new positions, added to 22, reduced 1 and exited 0.
$19.2bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
31
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
9.2%
Largest position
The largest single position as a share of the reported equity book.
67.1%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
17
Effective positions
1 / HHI of portfolio weights: the number of equal-weight positions the book behaves like.
55
Quarters on file since Q4 2012
Quarters for which this manager's 13F holdings are on record.