Fundsmith 13F holdings, Q3 2025
Holdings as of September 30, 2025 · filings on SEC EDGAR · latest filing →
Fundsmith disclosed 35 US equity positions worth $19.8bn in its Q3 2025 13F filing. The largest position was SYK at 8.6% of the reported book, followed by IDXX and GOOGL. Against the Q2 2025 filing, it opened 0 new positions, added to 8 and reduced 8 among the top 35 holdings.
What did Fundsmith own in Q3 2025? Top 35 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2025 |
|---|---|---|---|---|---|---|---|
| 1 | SYK STRYKER CORPORATION | Healthcare | 8.6% | $1.7bn | 4,591,293 | -2% | reduced |
| 2 | IDXX IDEXX LABS INC | Healthcare | 8.4% | $1.7bn | 2,610,457 | -1% | reduced |
| 3 | GOOGL ALPHABET INC | Communication Services | 7.7% | $1.5bn | 6,289,352 | -8% | reduced |
| 4 | MSFT MICROSOFT CORP | Technology | 6.8% | $1.3bn | 2,583,369 | -48% | reduced |
| 5 | V VISA INC | Financial Services | 6.6% | $1.3bn | 3,854,336 | 0% | held |
| 6 | ADP AUTOMATIC DATA PROCESSING IN | Technology | 6.4% | $1.3bn | 4,311,603 | -1% | reduced |
| 7 | WAT WATERS CORP | Healthcare | 6.0% | $1.2bn | 3,955,498 | 10% | added |
| 8 | PM PHILIP MORRIS INTL INC | Consumer Defensive | 5.9% | $1.2bn | 7,188,144 | -21% | reduced |
| 9 | META META PLATFORMS INC | Communication Services | 5.8% | $1.1bn | 1,558,664 | -56% | reduced |
| 10 | MAR MARRIOTT INTL INC NEW | Consumer Cyclical | 5.6% | $1.1bn | 4,228,298 | -0% | held |
| 11 | MTD METTLER TOLEDO INTERNATIONAL | Healthcare | 3.7% | $725.1m | 590,654 | 0% | held |
| 12 | FTNT FORTINET INC | Technology | 3.6% | $708.0m | 8,420,092 | 0% | held |
| 13 | PG PROCTER AND GAMBLE CO | Consumer Defensive | 3.6% | $703.3m | 4,577,040 | 0% | held |
| 14 | CHD CHURCH & DWIGHT CO INC | Consumer Defensive | 3.0% | $595.4m | 6,794,644 | -0% | held |
| 15 | OTIS OTIS WORLDWIDE CORP | Industrials | 2.7% | $532.0m | 5,819,151 | 0% | held |
| 16 | ZTS ZOETIS INC | Healthcare | 2.7% | $529.0m | 3,615,131 | 25% | added |
| 17 | TXN TEXAS INSTRS INC | Technology | 2.5% | $500.1m | 2,721,881 | 0% | held |
| 18 | NKE NIKE INC | Consumer Cyclical | 2.2% | $427.4m | 6,129,483 | 0% | held |
| 19 | INTU INTUIT | Technology | 2.1% | $412.8m | 604,456 | 64% | added |
| 20 | QLYS QUALYS INC | Technology | 0.6% | $115.2m | 870,859 | 21% | added |
| 21 | PAYC PAYCOM SOFTWARE INC | Technology | 0.6% | $108.9m | 523,433 | 27% | added |
| 22 | DOCS DOXIMITY INC | Healthcare | 0.5% | $99.2m | 1,355,944 | 0% | held |
| 23 | MSCI MSCI INC | Financial Services | 0.5% | $94.5m | 166,619 | 0% | held |
| 24 | VRT VERTIV HOLDINGS CO | Industrials | 0.5% | $89.2m | 591,450 | -18% | reduced |
| 25 | ODD ODDITY TECH LTD | Consumer Defensive | 0.4% | $88.3m | 1,416,956 | 0% | held |
| 26 | ROL ROLLINS INC | Consumer Cyclical | 0.4% | $86.9m | 1,478,629 | 0% | held |
| 27 | GGG GRACO INC | Industrials | 0.4% | $76.5m | 900,545 | 0% | held |
| 28 | NSSC NAPCO SEC TECHNOLOGIES INC | Industrials | 0.4% | $76.4m | 1,779,857 | 86% | added |
| 29 | VRSN VERISIGN INC | Technology | 0.4% | $75.7m | 270,634 | 0% | held |
| 30 | CLX CLOROX CO DEL | Consumer Defensive | 0.4% | $75.6m | 613,497 | 0% | held |
| 31 | CATALYST PHARMACEUTICALS INC | 0.3% | $66.3m | 3,363,807 | 24% | added | |
| 32 | MEDP MEDPACE HLDGS INC | Healthcare | 0.3% | $65.6m | 127,537 | 0% | held |
| 33 | MANH MANHATTAN ASSOCIATES INC | Technology | 0.3% | $59.1m | 288,332 | 0% | held |
| 34 | SABR SABRE CORP | Technology | 0.2% | $39.3m | 21,499,095 | 0% | held |
| 35 | HD HOME DEPOT INC | Consumer Cyclical | 0.2% | $34.4m | 84,860 | 2% | added |
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.