Fundsmith 13F holdings, Q3 2022
Holdings as of September 30, 2022 · filings on SEC EDGAR · latest filing →
Fundsmith disclosed 46 US equity positions worth $21.1bn in its Q3 2022 13F filing. The largest position was MSFT at 10.3% of the reported book, followed by PM and EL. Against the Q2 2022 filing, it opened 4 new positions, added to 14 and reduced 8 among the top 46 holdings.
What did Fundsmith own in Q3 2022? Top 46 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2022 |
|---|---|---|---|---|---|---|---|
| 1 | MSFT MICROSOFT CORP | Technology | 10.3% | $2.2bn | 9,284,614 | -7% | reduced |
| 2 | PM PHILIP MORRIS INTERNATIONAL | Consumer Defensive | 6.5% | $1.4bn | 16,489,067 | 0% | held |
| 3 | EL ESTEE LAUDER COMPANIES CL A | Consumer Defensive | 6.1% | $1.3bn | 5,955,974 | 0% | held |
| 4 | ADP AUTOMATIC DATA PROCESSING | Technology | 6.0% | $1.3bn | 5,571,678 | 0% | held |
| 5 | IDXX IDEXX LABORATORIES INC | Healthcare | 5.6% | $1.2bn | 3,620,777 | 0% | held |
| 6 | PEP PEPSICO INC | Consumer Defensive | 5.5% | $1.2bn | 7,144,313 | 0% | held |
| 7 | SYK STRYKER CORP | Healthcare | 5.4% | $1.1bn | 5,628,569 | -7% | reduced |
| 8 | MKC MCCORMICK & CO NON VTG SHRS | Consumer Defensive | 5.2% | $1.1bn | 15,506,721 | 0% | held |
| 9 | V VISA INC CLASS A SHARES | Financial Services | 4.8% | $1.0bn | 5,635,390 | 0% | held |
| 10 | WAT WATERS CORP | Healthcare | 4.7% | $995.4m | 3,693,197 | 0% | held |
| 11 | BF/B BROWN FORMAN CORP CLASS B | 3.9% | $813.9m | 12,226,340 | 0% | held | |
| 12 | AMZN AMAZON COM ORD | Consumer Cyclical | 3.6% | $766.6m | 6,784,322 | 0% | held |
| 13 | META META PLATFORMS INC-CLASS A | Communication Services | 3.5% | $743.6m | 5,480,284 | 0% | held |
| 14 | GOOGL ALPHABET CL A ORD | Communication Services | 3.5% | $730.1m | 7,632,828 | 1902% | added |
| 15 | INTU INTUIT INC | Technology | 3.1% | $657.2m | 1,696,667 | -28% | reduced |
| 16 | MTD METTLER TOLEDO ORD | Healthcare | 2.9% | $608.7m | 561,456 | 4% | added |
| 17 | CHD CHURCH AND DWIGHT ORD | Consumer Defensive | 2.9% | $604.2m | 8,458,025 | 0% | held |
| 18 | ADBE ADOBE ORD | Technology | 2.8% | $581.0m | 2,111,297 | 0% | held |
| 19 | NKE NIKE INC CL B | Consumer Cyclical | 2.7% | $559.8m | 6,734,408 | 0% | held |
| 20 | PYPL PAYPAL HOLDINGS INC | Financial Services | 2.3% | $483.0m | 5,611,242 | -42% | reduced |
| 21 | OTIS OTIS WORLDWIDE ORD | Industrials | 1.9% | $401.0m | 6,285,878 | – | new |
| 22 | VRSN VERISIGN INC | Technology | 0.6% | $117.3m | 675,533 | 1% | added |
| 23 | SABR SABRE CORP | Technology | 0.6% | $117.1m | 22,732,769 | 1% | added |
| 24 | FTNT FORTINET ORD | Technology | 0.5% | $113.8m | 2,315,857 | 1% | added |
| 25 | MASI* MASIMO CORP | 0.5% | $108.0m | 765,161 | 1% | added | |
| 26 | QLYS QUALYS INC | Technology | 0.4% | $92.2m | 661,420 | -29% | reduced |
| 27 | VRSK VERISK ANALYTICS INC | Industrials | 0.4% | $90.5m | 530,677 | 1% | added |
| 28 | MSCI MSCI INC | Financial Services | 0.4% | $89.2m | 211,551 | 1% | added |
| 29 | CGNX COGNEX CORP | Technology | 0.4% | $85.5m | 2,062,083 | 1% | added |
| 30 | EFX EQUIFAX INC | Industrials | 0.4% | $85.0m | 495,850 | 1% | added |
| 31 | IPGP IPG PHOTONICS CORP | Technology | 0.3% | $72.1m | 855,203 | 1% | added |
| 32 | AAPL AAPL US | Technology | 0.3% | $63.1m | 456,485 | – | new |
| 33 | AKX ANSYS INC | 0.3% | $60.9m | 274,559 | -28% | reduced | |
| 34 | ROL ROLLINS ORD | Consumer Cyclical | 0.3% | $59.9m | 1,728,084 | -8% | reduced |
| 35 | PAYC PAYCOM SOFTWARE INC | Technology | 0.3% | $53.2m | 161,308 | -37% | reduced |
| 36 | JNJ JOHNSON & JOHNSON | Healthcare | 0.2% | $44.9m | 274,847 | 1% | added |
| 37 | HD HOME DEPOT ORD | Consumer Cyclical | 0.2% | $42.0m | 152,255 | 0% | held |
| 38 | PG PROCTER & GAMBLE ORD | Consumer Defensive | 0.2% | $39.7m | 314,211 | 1% | added |
| 39 | ZTS ZOETIS CL A ORD | Healthcare | 0.2% | $33.1m | 223,185 | 1% | added |
| 40 | MELI MERCADOLIBRE | Consumer Cyclical | 0.1% | $20.1m | 24,225 | 0% | held |
| 41 | IEX IDEX ORD | Industrials | 0.1% | $19.2m | 95,928 | – | new |
| 42 | WNSN WNS HOLDINGS - ADR | 0.1% | $15.8m | 193,179 | 0% | held | |
| 43 | G Genpact Ltd | Technology | 0.1% | $13.9m | 317,337 | 0% | held |
| 44 | TSM Taiwan Semiconductor Manufacturing US ADR | Technology | 0.1% | $10.7m | 155,558 | 0% | held |
| 45 | XP XP CLASS A | Financial Services | 0.0% | $4.8m | 253,367 | 0% | held |
| 46 | EW EDWARDS LIFESCIENCES ORD | Healthcare | 0.0% | $825.0k | 9,979 | – | 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.