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Fundsmith LLP

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13F filer, CIK 1569205, LONDON, United Kingdom

Fundsmith LLP reported $19,795,225,546 across 35 holdings for the quarter ended 2025-09-30, in a 13F-HR filed 2025-11-14. Its ten largest share positions make up 67.75% of the portfolio.

Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001569205-25-000004

Period
2025-09-30
Reported value
$19.8B
Holdings
35
Top 10 weight
67.75%
New
0
Sold out
4

Largest buys vs the previous quarter

SecurityShares changeApprox. value
INTUadded+235,916$161M
ZTSadded+730,300$107M
WATadded+347,091$104M
NSSCadded+824,945$35.4M
PAYCadded+109,923$22.9M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Largest sells vs the previous quarter

SecurityShares changeApprox. value
METAreduced-2,010,088-$1.48B
MSFTreduced-2,358,140-$1.22B
PMreduced-1,886,051-$306M
GOOGLreduced-514,102-$125M
CHHexited-733,892-$93.1M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Holdings, Q3 2025

Share positions as resolved from 13F-HR 0001569205-25-000004, largest first. % of portfolio is the value over $19,795,225,546, the sum of the share positions whose value is usable for ratios (method).

SecurityHistorySharesValue% of portfolioChangeLatest eventTimeline
SYKSTRYKER CORPORATIONQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 5,336,821 shares; 2024Q4: 5,333,977 shares; 2025Q1: 5,069,187 shares; 2025Q2: 4,677,007 shares; 2025Q3: 4,591,293 shares 4,591,293$1.7B8.57%-85,714Timeline
IDXXIDEXX LABS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 2,664,162 shares; 2024Q4: 2,662,855 shares; 2025Q1: 2,648,331 shares; 2025Q2: 2,639,289 shares; 2025Q3: 2,610,457 shares 2,610,457$1.67B8.43%-28,832Timeline
GOOGLALPHABET INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 6,852,087 shares; 2024Q4: 6,848,278 shares; 2025Q1: 6,843,213 shares; 2025Q2: 6,803,454 shares; 2025Q3: 6,289,352 shares 6,289,352$1.53B7.72%-514,102Timeline
MSFTMICROSOFT CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 6,900,275 shares; 2024Q4: 6,187,033 shares; 2025Q1: 5,370,162 shares; 2025Q2: 4,941,509 shares; 2025Q3: 2,583,369 shares 2,583,369$1.34B6.76%-2,358,140Timeline
VVISA INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 5,546,831 shares; 2024Q4: 4,622,567 shares; 2025Q1: 4,137,024 shares; 2025Q2: 3,854,071 shares; 2025Q3: 3,854,336 shares 3,854,336$1.32B6.65%+265Timeline
ADPAUTOMATIC DATA PROCESSING INQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 5,571,820 shares; 2024Q4: 5,013,712 shares; 2025Q1: 4,513,899 shares; 2025Q2: 4,362,099 shares; 2025Q3: 4,311,603 shares 4,311,603$1.27B6.39%-50,496Timeline
WATWATERS CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 3,645,999 shares; 2024Q4: 3,634,522 shares; 2025Q1: 3,613,197 shares; 2025Q2: 3,608,407 shares; 2025Q3: 3,955,498 shares 3,955,498$1.19B5.99%+347,091Timeline
PMPHILIP MORRIS INTL INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 12,012,659 shares; 2024Q4: 11,245,175 shares; 2025Q1: 10,805,892 shares; 2025Q2: 9,074,195 shares; 2025Q3: 7,188,144 shares 7,188,144$1.17B5.89%-1,886,051Timeline
METAMETA PLATFORMS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 4,871,364 shares; 2024Q4: 4,561,352 shares; 2025Q1: 3,883,796 shares; 2025Q2: 3,568,752 shares; 2025Q3: 1,558,664 shares 1,558,664$1.14B5.78%-2,010,088Timeline
MARMARRIOTT INTL INC NEWQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 4,266,655 shares; 2024Q4: 4,255,340 shares; 2025Q1: 4,251,560 shares; 2025Q2: 4,236,599 shares; 2025Q3: 4,228,298 shares 4,228,298$1.1B5.56%-8,301Timeline
MTDMETTLER TOLEDO INTERNATIONALQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 591,919 shares; 2024Q4: 591,455 shares; 2025Q1: 590,838 shares; 2025Q2: 590,037 shares; 2025Q3: 590,654 shares 590,654$725M3.66%+617Timeline
FTNTFORTINET INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 10,118,293 shares; 2024Q4: 8,530,423 shares; 2025Q1: 8,523,040 shares; 2025Q2: 8,418,362 shares; 2025Q3: 8,420,092 shares 8,420,092$708M3.58%+1,730Timeline
PGPROCTER & GAMBLE COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 4,633,222 shares; 2024Q4: 4,626,376 shares; 2025Q1: 4,620,406 shares; 2025Q2: 4,572,280 shares; 2025Q3: 4,577,040 shares 4,577,040$703M3.55%+4,760Timeline
CHDCHURCH & DWIGHT CO INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 6,882,775 shares; 2024Q4: 6,857,121 shares; 2025Q1: 6,847,486 shares; 2025Q2: 6,824,289 shares; 2025Q3: 6,794,644 shares 6,794,644$595M3.01%-29,645Timeline
OTISOTIS WORLDWIDE CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 6,141,228 shares; 2024Q4: 5,966,777 shares; 2025Q1: 5,866,737 shares; 2025Q2: 5,819,151 shares; 2025Q3: 5,819,151 shares 5,819,151$532M2.69%0Timeline
ZTSZOETIS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 230,726 shares; 2024Q4: 227,329 shares; 2025Q1: 2,546,487 shares; 2025Q2: 2,884,831 shares; 2025Q3: 3,615,131 shares 3,615,131$529M2.67%+730,300Timeline
TXNTEXAS INSTRS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,700,630 shares; 2024Q4: 1,700,630 shares; 2025Q1: 2,725,812 shares; 2025Q2: 2,720,290 shares; 2025Q3: 2,721,881 shares 2,721,881$500M2.53%+1,591Timeline
NKENIKE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 6,299,493 shares; 2024Q4: 6,135,629 shares; 2025Q1: 6,135,629 shares; 2025Q2: 6,129,483 shares; 2025Q3: 6,129,483 shares 6,129,483$427M2.16%0Timeline
INTUINTUITQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 181,628 shares; 2025Q2: 368,540 shares; 2025Q3: 604,456 shares 604,456$413M2.09%+235,916Timeline
QLYSQUALYS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 548,009 shares; 2024Q4: 548,009 shares; 2025Q1: 718,602 shares; 2025Q2: 718,602 shares; 2025Q3: 870,859 shares 870,859$115M0.58%+152,257Timeline
PAYCPAYCOM SOFTWARE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 322,611 shares; 2024Q4: 322,611 shares; 2025Q1: 413,510 shares; 2025Q2: 413,510 shares; 2025Q3: 523,433 shares 523,433$109M0.55%+109,923Timeline
DOCSDOXIMITY INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 710,502 shares; 2025Q1: 1,189,882 shares; 2025Q2: 1,355,944 shares; 2025Q3: 1,355,944 shares 1,355,944$99.2M0.5%0Timeline
MSCIMSCI INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 166,619 shares; 2024Q4: 166,619 shares; 2025Q1: 166,619 shares; 2025Q2: 166,619 shares; 2025Q3: 166,619 shares 166,619$94.5M0.48%0Timeline
VRTVERTIV HOLDINGS COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 724,923 shares; 2025Q3: 591,450 shares 591,450$89.2M0.45%-133,473Timeline
ODDODDITY TECH LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,615,158 shares; 2024Q4: 1,615,158 shares; 2025Q1: 1,615,158 shares; 2025Q2: 1,416,956 shares; 2025Q3: 1,416,956 shares 1,416,956$88.3M0.45%0Timeline
ROLROLLINS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,597,513 shares; 2024Q4: 1,597,513 shares; 2025Q1: 1,597,513 shares; 2025Q2: 1,478,629 shares; 2025Q3: 1,478,629 shares 1,478,629$86.9M0.44%0Timeline
GGGGRACO INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,139,641 shares; 2024Q4: 1,139,641 shares; 2025Q1: 1,139,641 shares; 2025Q2: 900,545 shares; 2025Q3: 900,545 shares 900,545$76.5M0.39%0Timeline
NSSCNAPCO SEC TECHNOLOGIES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 954,912 shares; 2025Q3: 1,779,857 shares 1,779,857$76.4M0.39%+824,945Timeline
VRSNVERISIGN INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 624,500 shares; 2024Q4: 624,500 shares; 2025Q1: 570,035 shares; 2025Q2: 270,634 shares; 2025Q3: 270,634 shares 270,634$75.7M0.38%0Timeline
CLXCLOROX CO DELQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 613,497 shares; 2024Q4: 613,497 shares; 2025Q1: 613,497 shares; 2025Q2: 613,497 shares; 2025Q3: 613,497 shares 613,497$75.6M0.38%0Timeline
CPRXCATALYST PHARMACEUTICALS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 2,151,274 shares; 2025Q2: 2,709,086 shares; 2025Q3: 3,363,807 shares 3,363,807$66.3M0.33%+654,721Timeline
MEDPMEDPACE HLDGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 127,537 shares; 2025Q1: 127,537 shares; 2025Q2: 127,537 shares; 2025Q3: 127,537 shares 127,537$65.6M0.33%0Timeline
MANHMANHATTAN ASSOCIATES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 288,332 shares; 2025Q3: 288,332 shares 288,332$59.1M0.3%0Timeline
SABRSABRE CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 21,499,095 shares; 2024Q4: 21,499,095 shares; 2025Q1: 21,499,095 shares; 2025Q2: 21,499,095 shares; 2025Q3: 21,499,095 shares 21,499,095$39.3M0.2%0Timeline
HDHOME DEPOT INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 147,815 shares; 2024Q4: 145,639 shares; 2025Q1: 114,736 shares; 2025Q2: 83,367 shares; 2025Q3: 84,860 shares 84,860$34.4M0.17%+1,493Timeline

Sold out in Q3 2025

Positions in the previous quarter's report that this quarter's report no longer lists.

SecurityShares beforeValue beforeType
CHHCHOICE HOTELS INTL INC733,892$93.1Mshares
EXPOEXPONENT INC746,820$55.8Mshares
VRSKVERISK ANALYTICS INC176,195$54.9Mshares
MAMASTERCARD INCORPORATED27,663$15.5Mshares

How Q3 2025 was built

Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).

FilingRoleAmendmentFiledAcceptedIngested
13F-HR 0001569205-25-000004 base2025-11-14acceptance time not in the bulk data set