Fundsmith 13F holdings, Q2 2020
Holdings as of June 30, 2020 · filings on SEC EDGAR · latest filing →
Fundsmith disclosed 34 US equity positions worth $22.9bn in its Q2 2020 13F filing. The largest position was MSFT at 10.6% of the reported book, followed by PYPL and META. Against the Q1 2020 filing, it opened 1 new position, added to 22 and reduced 4 among the top 34 holdings.
What did Fundsmith own in Q2 2020? Top 34 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2020 |
|---|---|---|---|---|---|---|---|
| 1 | MSFT MICROSOFT | Technology | 10.6% | $2.4bn | 11,954,858 | -0% | held |
| 2 | PYPL PAYPAL HOLDINGS INC | Financial Services | 9.4% | $2.2bn | 12,388,814 | -0% | held |
| 3 | META FACEBOOK | Communication Services | 6.4% | $1.5bn | 6,443,510 | 0% | held |
| 4 | IDXX IDEXX LABORATORIES | Healthcare | 6.1% | $1.4bn | 4,240,711 | -0% | held |
| 5 | INTU INTUIT INC | Technology | 5.9% | $1.4bn | 4,590,217 | 3% | added |
| 6 | PM PHILIP MORRIS INTERNATIONAL | Consumer Defensive | 5.9% | $1.4bn | 19,375,855 | 14% | added |
| 7 | MKC MCCORMICK & CO NON VTG SHRS | Consumer Defensive | 5.9% | $1.4bn | 7,543,578 | 6% | added |
| 8 | EL ESTEE LAUDER | Consumer Defensive | 5.6% | $1.3bn | 6,758,574 | 0% | held |
| 9 | V VISA INC CLASS A SHARES | Financial Services | 5.2% | $1.2bn | 6,150,855 | 1% | added |
| 10 | PEP PEPSICO INC | Consumer Defensive | 5.1% | $1.2bn | 8,787,703 | 10% | added |
| 11 | SYK STRYKER CORP | Healthcare | 4.9% | $1.1bn | 6,204,547 | 5% | added |
| 12 | BDX BECTON DICKINSON AND CO | Healthcare | 4.4% | $1.0bn | 4,242,057 | 11% | added |
| 13 | ADP AUTOMATIC DATA PROCESSING | Technology | 4.2% | $965.0m | 6,481,152 | 3% | added |
| 14 | JNJ JOHNSON & JOHNSON | Healthcare | 3.9% | $900.8m | 6,405,491 | 19% | added |
| 15 | NKE NIKE INC CL B | Consumer Cyclical | 3.1% | $710.3m | 7,244,034 | 212% | added |
| 16 | WAT WATERS CORP | Healthcare | 3.1% | $702.4m | 3,893,805 | -18% | reduced |
| 17 | BF/B BROWN FORMAN CORP CLASS B | 2.7% | $628.0m | 9,864,841 | 0% | held | |
| 18 | SBUX STARBUCKS CORP | Consumer Cyclical | 2.7% | $613.5m | 8,336,710 | 215% | added |
| 19 | VRSK VERISK ANALYTICS | Industrials | 0.5% | $103.4m | 607,423 | 2% | added |
| 20 | EFX EQUIFAX | Industrials | 0.4% | $99.1m | 576,779 | 2% | added |
| 21 | MASI* MASIMO | 0.4% | $97.8m | 428,897 | -10% | reduced | |
| 22 | AKX ANSYS | 0.4% | $97.7m | 335,033 | 2% | added | |
| 23 | CGNX COGNEX | Technology | 0.4% | $95.7m | 1,602,593 | 6% | added |
| 24 | IPGP IPG PHOTONICS | Technology | 0.4% | $92.2m | 574,773 | 2% | added |
| 25 | VRSN VERISIGN | Technology | 0.3% | $74.6m | 360,694 | 2% | added |
| 26 | SABR SABRE | Technology | 0.3% | $74.0m | 9,185,260 | 16% | added |
| 27 | AOS AO SMITH | Industrials | 0.3% | $70.1m | 1,487,541 | 2% | added |
| 28 | MSCI MSCI | Financial Services | 0.3% | $69.3m | 207,490 | 2% | added |
| 29 | QLYS QUALYS | Technology | 0.3% | $64.9m | 623,812 | – | new |
| 30 | PAYC PAYCOM SOFTWARE | Technology | 0.3% | $60.7m | 195,926 | 12% | added |
| 31 | CHECK POINT SOFTWARE TECH | 0.3% | $58.2m | 541,290 | -38% | reduced | |
| 32 | MELI MERCADOLIBRE | Consumer Cyclical | 0.1% | $29.6m | 30,000 | -14% | reduced |
| 33 | MAR MARRIOTT INTERNATIONAL CL A | Consumer Cyclical | 0.1% | $15.8m | 183,887 | 6% | added |
| 34 | XP XP CLASS A | Financial Services | 0.0% | $10.6m | 253,367 | 0% | held |
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.