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Terry Smith / Fundsmith

Tier 2 · PRIORITY · cloneable · 31-DEC-2025 → 31-MAR-2026

AUM $12,827,766,987 · 34 positions · top-10 68.8% · SEC filing history →

13FScore 59/100 — cloning their disclosed top holdings over ~4.6y returned +11%/yr vs S&P +11%/yr (alpha -0%/yr), ahead of the market in 37% of quarters. Cloneable 13F equity book only — excludes hedges/shorts/non-US.

New positions

Issuer% bookValueConvictionBusiness
$BMI · BADGER METER INC0.2%$21,708,504MedFlow measurement and water metering

Added to (≥+25% shares)

Issuer% bookΔ sharesConvictionBusiness
none

Top holdings now

Issuer% bookBusiness
$MAR · MARRIOTT INTL INC NEW8.6%Global hotel franchising and management
$SYK · STRYKER CORPORATION7.8%Medical devices and orthopedic implants
$WAT · WATERS CORP7.5%Analytical lab instruments (chromatography)
$V · VISA INC7.3%Global card payment network
$GOOGL · ALPHABET INC6.6%Google parent — search, ads, YouTube, Android, Google Cloud
$4I1 · PHILIP MORRIS INTL INC6.6%International tobacco and smoke-free products
$IDXX · IDEXX LABS INC6.4%Veterinary diagnostics and software
$ADP · AUTOMATIC DATA PROCESSING IN6.1%Payroll and HR outsourcing (ADP)
$MSFT · MICROSOFT CORP6.0%Windows, Office, Azure cloud, Xbox, AI software
$META · META PLATFORMS INC5.9%Facebook, Instagram, WhatsApp; digital ads and AI

Generated 2026-06-27 · Alpha-Investor tracker