Fundsmith 13F holdings, Q4 2020
Holdings as of December 31, 2020 · filings on SEC EDGAR · latest filing →
Fundsmith disclosed 39 US equity positions worth $30.2bn in its Q4 2020 13F filing. The largest position was PYPL at 9.6% of the reported book, followed by MSFT and IDXX. Against the Q3 2020 filing, it opened 4 new positions, added to 14 and reduced 2 among the top 39 holdings.
What did Fundsmith own in Q4 2020? Top 39 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2020 |
|---|---|---|---|---|---|---|---|
| 1 | PYPL PAYPAL HOLDINGS INC | Financial Services | 9.6% | $2.9bn | 12,333,741 | -0% | held |
| 2 | MSFT MICROSOFT | Technology | 8.9% | $2.7bn | 12,072,338 | 1% | added |
| 3 | IDXX IDEXX LABORATORIES | Healthcare | 7.0% | $2.1bn | 4,226,428 | -0% | held |
| 4 | EL ESTEE LAUDER | Consumer Defensive | 6.0% | $1.8bn | 6,786,727 | -0% | held |
| 5 | META FACEBOOK | Communication Services | 5.8% | $1.8bn | 6,418,874 | -0% | held |
| 6 | INTU INTUIT INC | Technology | 5.8% | $1.7bn | 4,587,585 | -0% | held |
| 7 | SYK STRYKER CORP | Healthcare | 5.4% | $1.6bn | 6,634,893 | 6% | added |
| 8 | PM PHILIP MORRIS INTERNATIONAL | Consumer Defensive | 5.3% | $1.6bn | 19,467,941 | -0% | held |
| 9 | MKC MCCORMICK & CO NON VTG SHRS | Consumer Defensive | 5.1% | $1.5bn | 16,133,793 | 114% | added |
| 10 | PEP PEPSICO INC | Consumer Defensive | 4.7% | $1.4bn | 9,648,806 | 8% | added |
| 11 | V VISA INC CLASS A SHARES | Financial Services | 4.4% | $1.3bn | 6,122,231 | -0% | held |
| 12 | ADP AUTOMATIC DATA PROCESSING | Technology | 4.1% | $1.2bn | 7,087,617 | 2% | added |
| 13 | SBUX STARBUCKS CORP | Consumer Cyclical | 3.7% | $1.1bn | 10,441,081 | 1% | added |
| 14 | NKE NIKE INC CL B | Consumer Cyclical | 3.6% | $1.1bn | 7,733,544 | -0% | held |
| 15 | WAT WATERS CORP | Healthcare | 3.6% | $1.1bn | 4,409,835 | 3% | added |
| 16 | BDX BECTON DICKINSON AND CO | Healthcare | 3.6% | $1.1bn | 4,345,415 | 0% | held |
| 17 | JNJ JOHNSON & JOHNSON | Healthcare | 3.3% | $1.0bn | 6,392,509 | -0% | held |
| 18 | BF/B BROWN FORMAN CORP CLASS B | 2.7% | $814.6m | 10,255,848 | 0% | held | |
| 19 | CHD CHURCH & DWIGHT INC | Consumer Defensive | 1.6% | $491.2m | 5,631,204 | – | new |
| 20 | SABR SABRE | Technology | 0.5% | $163.7m | 13,615,381 | 34% | added |
| 21 | IPGP IPG PHOTONICS | Technology | 0.5% | $140.4m | 627,344 | 0% | held |
| 22 | AKX ANSYS | 0.4% | $129.9m | 357,103 | 7% | added | |
| 23 | EFX EQUIFAX | Industrials | 0.4% | $129.7m | 672,758 | 17% | added |
| 24 | CGNX COGNEX | Technology | 0.4% | $128.8m | 1,604,491 | 0% | held |
| 25 | VRSK VERISK ANALYTICS | Industrials | 0.4% | $126.2m | 608,148 | 0% | held |
| 26 | MASI* MASIMO | 0.4% | $115.2m | 429,254 | 0% | held | |
| 27 | QLYS QUALYS | Technology | 0.4% | $113.8m | 933,787 | 15% | added |
| 28 | FTNT FORTINET INC | Technology | 0.4% | $110.6m | 744,771 | 251% | added |
| 29 | VRSN VERISIGN | Technology | 0.4% | $107.9m | 498,577 | 16% | added |
| 30 | PAYC PAYCOM SOFTWARE | Technology | 0.3% | $97.2m | 215,026 | 0% | held |
| 31 | MSCI MSCI | Financial Services | 0.3% | $92.8m | 207,737 | 0% | held |
| 32 | AOS AO SMITH | Industrials | 0.3% | $81.6m | 1,489,317 | 0% | held |
| 33 | MELI MERCADOLIBRE | Consumer Cyclical | 0.2% | $47.7m | 28,500 | -5% | reduced |
| 34 | MAR MARRIOTT INTERNATIONAL CL A | Consumer Cyclical | 0.1% | $36.7m | 277,920 | -1% | reduced |
| 35 | ZTS ZOETIS INC | Healthcare | 0.1% | $20.0m | 121,003 | – | new |
| 36 | TSM TAIWAN SEMICONDUCTOR MFG LTD | Technology | 0.0% | $12.9m | 117,981 | – | new |
| 37 | XP XP CLASS A | Financial Services | 0.0% | $10.1m | 253,367 | 0% | held |
| 38 | CL COLGATE PALMOLIVE CO | Consumer Defensive | 0.0% | $9.6m | 112,079 | 5% | added |
| 39 | PG PROCTER AND GAMBLE CO | Consumer Defensive | 0.0% | $5.3m | 38,171 | – | 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.