We are live on ! Find out more
TS

Terry Smith Fundsmith LLP

AUM $13.6B
1-Year Est. Return 7.6%
 

Terry Smith is the founder and CEO of Fundsmith, a firm known for a concentrated portfolio of high-quality global companies. His approach favors simple, understandable businesses with high returns on capital and the ability to reinvest at attractive rates. Smith’s annual letters and plain-spoken commentary have made Fundsmith a frequent reference point for long-only quality investors.

This Fund
S&P 500
This Quarter Est. Return
+5.11%
1 Year Est. Return
+7.6%
3 Year Est. Return
+53.18%
5 Year Est. Return
+52.54%
10 Year Est. Return
+342.88%
AUM
$19.2B
AUM Growth
+$1.59B
Cap. Flow
+$837M
Cap. Flow %
4.36%
Top 10 Hldgs %
67.14%
Holding
31
New
–
Increased
27
Reduced
2
Closed
–

Top Buys

Rank Stock Value
1
MKC icon
McCormick & Company Non-Voting
MKC
+$247M
2
PM icon
Philip Morris
PM
+$161M
3
JNJ icon
Johnson & Johnson
JNJ
+$111M
4
V icon
Visa
V
+$54.7M
5
INTU icon
Intuit
INTU
+$43.3M

Top Sells

Rank Stock Value
1
MMM icon
3M
MMM
+$1.3M
2
MAR icon
Marriott International
MAR
+$451K

Sector Composition

Rank Sector Weight
1 Healthcare 27.73%
2 Consumer Staples 23.75%
3 Technology 22.32%
4 Financials 14.96%
5 Communication Services 6.51%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
PYPL icon
1
PayPal
PYPL
$52.7B
$1.76B 9.18%
15,391,028
+52,605
+0.3% +$5.83M
MSFT icon
2
Microsoft
MSFT
$3.59T
$1.63B 8.5%
12,171,134
+30,766
+0.3% +$3.91M
META icon
3
Meta Platforms (Facebook)
META
$1.4T
$1.25B 6.51%
6,475,057
+107,359
+2% +$19.6M
IDXX icon
4
Idexx Laboratories
IDXX
$43.9B
$1.23B 6.41%
4,470,038
+2,697
+0.1% +$665K
EL icon
5
Estee Lauder
EL
$36.9B
$1.22B 6.36%
6,660,785
+29,082
+0.4% +$4.97M
INTU icon
6
Intuit
INTU
$100B
$1.22B 6.33%
4,651,847
+170,529
+4% +$43.3M
PM icon
7
Philip Morris
PM
$293B
$1.2B 6.25%
15,268,507
+1,953,131
+15% +$161M
SYK icon
8
Stryker
SYK
$126B
$1.19B 6.21%
5,801,440
+219,599
+4% +$41.9M
WAT icon
9
Waters Corp
WAT
$40.4B
$1.1B 5.74%
5,114,006
+87,249
+2% +$19.1M
PEP icon
10
PepsiCo
PEP
$196B
$1.09B 5.65%
8,275,341
+5,787
+0.1% +$742K
V icon
11
Visa
V
$693B
$1.06B 5.54%
6,123,530
+334,127
+6% +$54.7M
MKC icon
12
McCormick & Company Non-Voting
MKC
$14.9B
$1.05B 5.5%
13,606,900
+3,197,732
+31% +$247M
ADP icon
13
Automatic Data Processing
ADP
$112B
$1.01B 5.28%
6,129,753
+135,582
+2% +$22M
BDX icon
14
Becton Dickinson
BDX
$52.3B
$961M 5.01%
3,907,475
+42,037
+1% +$9.77M
JNJ icon
15
Johnson & Johnson
JNJ
$651B
$752M 3.92%
5,400,131
+800,396
+17% +$111M
MMM icon
16
3M
MMM
$92.3B
$612M 3.19%
4,221,510
-8,472
-0.2% -$1.3M
MASI
17
DELISTED
Masimo
MASI
$85.6M 0.45%
574,963
+84,300
+17% +$11.6M
EFX icon
18
Equifax
EFX
$22.6B
$84M 0.44%
620,821
+42,310
+7% +$5.3M
SABR icon
19
Sabre
SABR
$848M
$80.6M 0.42%
3,630,918
+663,090
+22% +$14.2M
VRSK icon
20
Verisk Analytics
VRSK
$24.4B
$77M 0.4%
526,010
+12,330
+2% +$1.74M
CHKP icon
21
Check Point Software Technologies
CHKP
$13.3B
$72.1M 0.38%
623,478
+99,292
+19% +$11.7M
ANSS
22
DELISTED
Ansys
ANSS
$66.3M 0.35%
323,777
+31,251
+11% +$5.95M
VRSN icon
23
VeriSign
VRSN
$25.5B
$57.1M 0.3%
272,873
– –
CGNX icon
24
Cognex
CGNX
$10.2B
$56M 0.29%
1,167,817
+134,650
+13% +$6.47M
CDK
25
DELISTED
CDK Global, Inc.
CDK
$54.9M 0.29%
1,111,332
+188,549
+20% +$10.1M
1
2

Similar funds

JIC
Johnson Investment Counsel Cincinnati, Ohio $13.7B AUM 21.52% 1-Year Est. Return
BGC
Beutel, Goodman & Co Toronto, Ontario, Canada $13.6B AUM 17.82% 1-Year Est. Return
PMAM
Picton Mahoney Asset Management Toronto, Ontario, Canada $13.5B AUM 51.46% 1-Year Est. Return
MGIA
Moneta Group Investment Advisors St Louis, Missouri $13.5B AUM 24.62% 1-Year Est. Return
BHCM
Brevan Howard Capital Management St. Helier, Jersey $13.5B AUM 44.56% 1-Year Est. Return
HRCM
Hood River Capital Management Palm Beach Gardens, Florida $13.8B AUM 163.97% 1-Year Est. Return
DWM
Dynasty Wealth Management St. Petersburg, Florida $13.5B AUM 21.55% 1-Year Est. Return
VA
Vident Advisory Alpharetta, Georgia $13.9B AUM 53.47% 1-Year Est. Return

Terry Smith's Q2 2019 Portfolio in Review

As of Q2 2019, Terry Smith held 31 positions worth $19.2B, up 9.1% from $17.6B the previous quarter. Its ten largest holdings account for 67% of the portfolio.

Terry Smith deployed $837M of net new capital in Q2 2019, adding to 27 existing holdings.

By sector, the portfolio is most concentrated in Healthcare at 28% of assets, down from 29% a quarter earlier, followed by Consumer Staples and Technology.

On the sell side, the largest reduction was 3M, an estimated $1.3M trimmed.

  • Terry Smith added most to McCormick & Company Non-Voting in Q2 2019, an estimated $247M increase.
  • Terry Smith's biggest Q2 2019 reduction was 3M, cutting an estimated $1.3M.
  • Terry Smith's ten largest holdings make up 67% of its $19.2B portfolio in Q2 2019.
  • Terry Smith opened 0 new positions and closed 0 in Q2 2019.
  • Terry Smith's portfolio value rose 9.1% quarter-over-quarter to $19.2B.

Based on Fundsmith LLP's 13F filing for Q2 2019, filed 9 Aug 2019.