Fundsmith 13F holdings, Q2 2024
Holdings as of June 30, 2024 · filings on SEC EDGAR · latest filing →
Fundsmith disclosed 40 US equity positions worth $24.5bn in its Q2 2024 13F filing. The largest position was MSFT at 13.0% of the reported book, followed by META and SYK. Against the Q1 2024 filing, it opened 0 new positions, added to 3 and reduced 33 among the top 40 holdings.
What did Fundsmith own in Q2 2024? Top 40 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2024 |
|---|---|---|---|---|---|---|---|
| 1 | MSFT MICROSOFT CORP | Technology | 13.0% | $3.2bn | 7,140,615 | -6% | reduced |
| 2 | META META PLATFORMS INC-CLASS A | Communication Services | 10.0% | $2.5bn | 4,871,364 | -2% | reduced |
| 3 | SYK STRYKER CORP | Healthcare | 7.4% | $1.8bn | 5,356,264 | -2% | reduced |
| 4 | PM PHILIP MORRIS INTERNATIONAL | Consumer Defensive | 6.0% | $1.5bn | 14,474,445 | -2% | reduced |
| 5 | V VISA INC CLASS A SHARES | Financial Services | 5.9% | $1.5bn | 5,552,520 | -2% | reduced |
| 6 | ADP AUTOMATIC DATA PROCESSING | Technology | 5.4% | $1.3bn | 5,585,761 | -3% | reduced |
| 7 | IDXX IDEXX LABORATORIES INC | Healthcare | 5.3% | $1.3bn | 2,663,192 | -2% | reduced |
| 8 | GOOGL ALPHABET CL A ORD | Communication Services | 5.1% | $1.2bn | 6,849,259 | -2% | reduced |
| 9 | WAT WATERS CORP | Healthcare | 4.3% | $1.1bn | 3,654,450 | -3% | reduced |
| 10 | MAR MARRIOTT INTERNATIONAL CL A | Consumer Cyclical | 4.2% | $1.0bn | 4,264,511 | -2% | reduced |
| 11 | PEP PEPSICO INC | Consumer Defensive | 3.9% | $950.2m | 5,761,087 | -1% | reduced |
| 12 | MTD METTLER TOLEDO ORD | Healthcare | 3.4% | $826.8m | 591,575 | -3% | reduced |
| 13 | PG PROCTER & GAMBLE ORD | Consumer Defensive | 3.1% | $766.4m | 4,647,218 | -3% | reduced |
| 14 | CHD CHURCH AND DWIGHT ORD | Consumer Defensive | 2.9% | $716.9m | 6,914,366 | -4% | reduced |
| 15 | MKC MCCORMICK & CO NON VTG SHRS | Consumer Defensive | 2.9% | $712.8m | 10,048,497 | -18% | reduced |
| 16 | FTNT FORTINET ORD | Technology | 2.5% | $619.9m | 10,285,664 | 26% | added |
| 17 | OTIS OTIS WORLDWIDE ORD | Industrials | 2.4% | $590.9m | 6,138,278 | -2% | reduced |
| 18 | BF/B BROWN FORMAN CORP CLASS B | 2.0% | $481.1m | 11,138,751 | -3% | reduced | |
| 19 | NKE NIKE INC CL B | Consumer Cyclical | 1.9% | $474.8m | 6,299,493 | -3% | reduced |
| 20 | AAPL Apple | Technology | 1.3% | $328.3m | 1,558,589 | -2% | reduced |
| 21 | TXN TEXAS INSTRUMENTS INC | Technology | 1.2% | $300.5m | 1,544,781 | 39% | added |
| 22 | VRSK VERISK ANALYTICS INC | Industrials | 0.5% | $125.1m | 464,051 | -3% | reduced |
| 23 | EFX EQUIFAX INC | Industrials | 0.5% | $111.1m | 458,387 | -3% | reduced |
| 24 | VRSN VERISIGN INC | Technology | 0.5% | $111.0m | 624,500 | -3% | reduced |
| 25 | EXPO EXPONENT INC | Industrials | 0.4% | $96.8m | 1,018,098 | -3% | reduced |
| 26 | GGG GRACO ORD | Industrials | 0.4% | $90.4m | 1,139,641 | -3% | reduced |
| 27 | CGNX COGNEX CORP | Technology | 0.4% | $89.1m | 1,906,276 | -3% | reduced |
| 28 | CHH CHOICE HOTELS INTERNATIONAL ORD | Consumer Cyclical | 0.4% | $87.3m | 733,892 | -3% | reduced |
| 29 | MSCI MSCI INC | Financial Services | 0.3% | $80.3m | 166,619 | -3% | reduced |
| 30 | QLYS QUALYS INC | Technology | 0.3% | $78.1m | 548,009 | -3% | reduced |
| 31 | ROL ROLLINS ORD | Consumer Cyclical | 0.3% | $77.9m | 1,597,513 | -3% | reduced |
| 32 | CLX CLOROX COMPANY | Consumer Defensive | 0.3% | $77.8m | 570,206 | -3% | reduced |
| 33 | IEX IDEX ORD | Industrials | 0.3% | $72.9m | 362,501 | -3% | reduced |
| 34 | ODD ODDITY TECH LTD | Consumer Defensive | 0.3% | $63.4m | 1,615,158 | 22% | added |
| 35 | SABR SABRE CORP | Technology | 0.2% | $57.4m | 21,499,095 | -1% | reduced |
| 36 | HD HOME DEPOT ORD | Consumer Cyclical | 0.2% | $50.3m | 146,200 | -0% | held |
| 37 | PAYC PAYCOM SOFTWARE INC | Technology | 0.2% | $46.1m | 322,611 | -1% | reduced |
| 38 | ZTS ZOETIS CL A ORD | Healthcare | 0.2% | $39.6m | 228,205 | -0% | held |
| 39 | MA MASTERCARD CL A ORD | Financial Services | 0.1% | $28.4m | 64,280 | -0% | held |
| 40 | MCD MCDONALD S ORD | Consumer Cyclical | 0.1% | $23.8m | 93,371 | -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.