Fundsmith 13F holdings, Q1 2021
Holdings as of March 31, 2021 · filings on SEC EDGAR · latest filing →
Fundsmith disclosed 42 US equity positions worth $31.4bn in its Q1 2021 13F filing. The largest position was PYPL at 9.5% of the reported book, followed by MSFT and IDXX. Against the Q4 2020 filing, it opened 3 new positions, added to 18 and reduced 1 among the top 42 holdings.
What did Fundsmith own in Q1 2021? Top 42 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2020 |
|---|---|---|---|---|---|---|---|
| 1 | PYPL PAYPAL HOLDINGS INC | Financial Services | 9.5% | $3.0bn | 12,304,750 | -0% | held |
| 2 | MSFT MICROSOFT | Technology | 9.0% | $2.8bn | 12,049,293 | -0% | held |
| 3 | IDXX IDEXX LABORATORIES | Healthcare | 6.6% | $2.1bn | 4,220,612 | -0% | held |
| 4 | EL ESTEE LAUDER | Consumer Defensive | 6.3% | $2.0bn | 6,807,070 | 0% | held |
| 5 | META FACEBOOK | Communication Services | 6.0% | $1.9bn | 6,433,648 | 0% | held |
| 6 | INTU INTUIT INC | Technology | 5.6% | $1.8bn | 4,577,260 | -0% | held |
| 7 | PM PHILIP MORRIS INTERNATIONAL | Consumer Defensive | 5.5% | $1.7bn | 19,388,572 | -0% | held |
| 8 | SYK STRYKER CORP | Healthcare | 5.4% | $1.7bn | 7,006,486 | 6% | added |
| 9 | MKC MCCORMICK & CO NON VTG SHRS | Consumer Defensive | 4.9% | $1.5bn | 17,220,169 | 7% | added |
| 10 | PEP PEPSICO INC | Consumer Defensive | 4.5% | $1.4bn | 10,033,062 | 4% | added |
| 11 | V VISA INC CLASS A SHARES | Financial Services | 4.4% | $1.4bn | 6,492,332 | 6% | added |
| 12 | ADP AUTOMATIC DATA PROCESSING | Technology | 4.3% | $1.3bn | 7,113,605 | 0% | held |
| 13 | WAT WATERS CORP | Healthcare | 4.0% | $1.2bn | 4,393,544 | -0% | held |
| 14 | SBUX STARBUCKS CORP | Consumer Cyclical | 3.7% | $1.2bn | 10,720,429 | 3% | added |
| 15 | JNJ JOHNSON & JOHNSON | Healthcare | 3.5% | $1.1bn | 6,640,844 | 4% | added |
| 16 | BDX BECTON DICKINSON AND CO | Healthcare | 3.4% | $1.1bn | 4,334,871 | -0% | held |
| 17 | NKE NIKE INC CL B | Consumer Cyclical | 3.4% | $1.1bn | 7,927,468 | 3% | added |
| 18 | BF/B BROWN FORMAN CORP CLASS B | 2.5% | $774.6m | 11,231,696 | 10% | added | |
| 19 | CHD CHURCH & DWIGHT INC | Consumer Defensive | 1.7% | $543.6m | 6,223,361 | 11% | added |
| 20 | SABR SABRE | Technology | 0.7% | $221.1m | 14,931,624 | 10% | added |
| 21 | FTNT FORTINET INC | Technology | 0.4% | $137.9m | 747,908 | 0% | held |
| 22 | CGNX COGNEX | Technology | 0.4% | $133.7m | 1,611,251 | 0% | held |
| 23 | IPGP IPG PHOTONICS | Technology | 0.4% | $132.9m | 629,987 | 0% | held |
| 24 | VRSK VERISK ANALYTICS | Industrials | 0.4% | $123.7m | 699,816 | 15% | added |
| 25 | EFX EQUIFAX | Industrials | 0.4% | $122.4m | 675,592 | 0% | held |
| 26 | AKX ANSYS | 0.4% | $121.8m | 358,608 | 0% | held | |
| 27 | AOS AO SMITH | Industrials | 0.4% | $118.9m | 1,758,436 | 18% | added |
| 28 | VRSN VERISIGN | Technology | 0.4% | $116.3m | 585,315 | 17% | added |
| 29 | QLYS QUALYS | Technology | 0.4% | $111.2m | 1,061,066 | 14% | added |
| 30 | MASI* MASIMO | 0.3% | $99.0m | 431,063 | 0% | held | |
| 31 | MSCI MSCI | Financial Services | 0.3% | $87.5m | 208,613 | 0% | held |
| 32 | PAYC PAYCOM SOFTWARE | Technology | 0.3% | $79.9m | 215,932 | 0% | held |
| 33 | ROL ROLLINS INC | Consumer Cyclical | 0.2% | $63.4m | 1,842,427 | – | new |
| 34 | WING WINGSTOP INC | Consumer Cyclical | 0.2% | $56.9m | 447,555 | – | new |
| 35 | MAR MARRIOTT INTERNATIONAL CL A | Consumer Cyclical | 0.1% | $43.9m | 296,181 | 7% | added |
| 36 | MELI MERCADOLIBRE | Consumer Cyclical | 0.1% | $35.7m | 24,225 | -15% | reduced |
| 37 | ZTS ZOETIS INC | Healthcare | 0.1% | $33.4m | 212,207 | 75% | added |
| 38 | TSM TAIWAN SEMICONDUCTOR MFG LTD | Technology | 0.0% | $14.0m | 117,981 | 0% | held |
| 39 | PG PROCTER AND GAMBLE CO | Consumer Defensive | 0.0% | $11.5m | 84,563 | 122% | added |
| 40 | XP XP CLASS A | Financial Services | 0.0% | $9.5m | 253,367 | 0% | held |
| 41 | CL COLGATE PALMOLIVE CO | Consumer Defensive | 0.0% | $9.5m | 120,029 | 7% | added |
| 42 | HD HOME DEPOT INC | Consumer Cyclical | 0.0% | $1.6m | 5,265 | – | 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.