Fundsmith 13F holdings, Q3 2020
Holdings as of September 30, 2020 · filings on SEC EDGAR · latest filing →
Fundsmith disclosed 36 US equity positions worth $25.6bn in its Q3 2020 13F filing. The largest position was MSFT at 9.8% of the reported book, followed by PYPL and META. Against the Q2 2020 filing, it opened 2 new positions, added to 16 and reduced 1 among the top 36 holdings.
What did Fundsmith own in Q3 2020? Top 36 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2020 |
|---|---|---|---|---|---|---|---|
| 1 | MSFT MICROSOFT | Technology | 9.8% | $2.5bn | 11,929,459 | -0% | held |
| 2 | PYPL PAYPAL HOLDINGS INC | Financial Services | 9.5% | $2.4bn | 12,359,311 | -0% | held |
| 3 | META FACEBOOK | Communication Services | 6.6% | $1.7bn | 6,427,563 | -0% | held |
| 4 | IDXX IDEXX LABORATORIES | Healthcare | 6.5% | $1.7bn | 4,232,815 | -0% | held |
| 5 | INTU INTUIT INC | Technology | 5.9% | $1.5bn | 4,594,541 | 0% | held |
| 6 | EL ESTEE LAUDER | Consumer Defensive | 5.8% | $1.5bn | 6,800,333 | 1% | added |
| 7 | MKC MCCORMICK & CO NON VTG SHRS | Consumer Defensive | 5.7% | $1.5bn | 7,542,095 | -0% | held |
| 8 | PM PHILIP MORRIS INTERNATIONAL | Consumer Defensive | 5.7% | $1.5bn | 19,503,315 | 1% | added |
| 9 | SYK STRYKER CORP | Healthcare | 5.1% | $1.3bn | 6,277,138 | 1% | added |
| 10 | PEP PEPSICO INC | Consumer Defensive | 4.8% | $1.2bn | 8,911,181 | 1% | added |
| 11 | V VISA INC CLASS A SHARES | Financial Services | 4.8% | $1.2bn | 6,134,726 | -0% | held |
| 12 | BDX BECTON DICKINSON AND CO | Healthcare | 3.9% | $1.0bn | 4,340,972 | 2% | added |
| 13 | NKE NIKE INC CL B | Consumer Cyclical | 3.8% | $973.2m | 7,752,398 | 7% | added |
| 14 | ADP AUTOMATIC DATA PROCESSING | Technology | 3.8% | $965.3m | 6,919,915 | 7% | added |
| 15 | JNJ JOHNSON & JOHNSON | Healthcare | 3.7% | $954.6m | 6,411,610 | 0% | held |
| 16 | SBUX STARBUCKS CORP | Consumer Cyclical | 3.5% | $892.0m | 10,382,215 | 25% | added |
| 17 | WAT WATERS CORP | Healthcare | 3.3% | $839.9m | 4,292,028 | 10% | added |
| 18 | BF/B BROWN FORMAN CORP CLASS B | 3.0% | $772.3m | 10,253,745 | 4% | added | |
| 19 | VRSK VERISK ANALYTICS | Industrials | 0.4% | $112.6m | 607,423 | 0% | held |
| 20 | AKX ANSYS | 0.4% | $109.6m | 335,033 | 0% | held | |
| 21 | IPGP IPG PHOTONICS | Technology | 0.4% | $106.5m | 626,454 | 9% | added |
| 22 | CGNX COGNEX | Technology | 0.4% | $104.3m | 1,602,593 | 0% | held |
| 23 | MASI* MASIMO | 0.4% | $101.2m | 428,897 | 0% | held | |
| 24 | EFX EQUIFAX | Industrials | 0.4% | $90.5m | 576,779 | 0% | held |
| 25 | VRSN VERISIGN | Technology | 0.3% | $88.0m | 429,518 | 19% | added |
| 26 | QLYS QUALYS | Technology | 0.3% | $79.8m | 813,720 | 30% | added |
| 27 | AOS AO SMITH | Industrials | 0.3% | $78.5m | 1,487,541 | 0% | held |
| 28 | MSCI MSCI | Financial Services | 0.3% | $74.0m | 207,490 | 0% | held |
| 29 | PAYC PAYCOM SOFTWARE | Technology | 0.3% | $66.9m | 214,794 | 10% | added |
| 30 | SABR SABRE | Technology | 0.3% | $66.1m | 10,156,442 | 11% | added |
| 31 | CHECK POINT SOFTWARE TECH | 0.2% | $40.3m | 334,691 | -38% | reduced | |
| 32 | MELI MERCADOLIBRE | Consumer Cyclical | 0.1% | $32.5m | 30,000 | 0% | held |
| 33 | MAR MARRIOTT INTERNATIONAL CL A | Consumer Cyclical | 0.1% | $25.9m | 279,552 | 52% | added |
| 34 | FTNT FORTINET INC | Technology | 0.1% | $25.0m | 212,445 | – | new |
| 35 | XP XP CLASS A | Financial Services | 0.0% | $10.6m | 253,367 | 0% | held |
| 36 | CL COLGATE PALMOLIVE CO | Consumer Defensive | 0.0% | $8.3m | 107,251 | – | new |
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.