Fundsmith LLP Long-Term Concentrated

Location: London, United Kingdom

CIK: 0001569205 · Show all filings

Period: Q4 2018 (← Previous) (Next →)

Filing Date: Feb 14, 2019

Total Value: $15.75B (100.0% shares, 0.0% debt)

Holdings (32)

MSFT MICROSOFT 8.7%

Value $1.376B Shares 12,026,986 Share Price $114.37 * Est. Cost/Share $100.81 Unrealized @ Report Date -0.8%

PYPL PAYPAL HOLDINGS INC 8.5%

Value $1.335B Shares 15,202,210 Share Price $87.84 * Est. Cost/Share $72.49 Unrealized @ Report Date +14.6%

IDXX IDEXX LABORATORIES 7.0%

Value $1.107B Shares 4,432,292 Share Price $249.66 * Est. Cost/Share $137.52 Unrealized @ Report Date +49.1%

PM PHILIP MORRIS INTERNATIONAL 6.4%

Value $1.012B Shares 12,409,367 Share Price $81.54 * Est. Cost/Share $58.80 Unrealized @ Report Date -2.6%

META FACEBOOK 6.4%

Value $1.006B Shares 6,119,785 Share Price $164.46 * Est. Cost/Share $177.59 Unrealized @ Report Date -19.0%

INTU INTUIT INC 6.4%

Value $1.006B Shares 4,425,774 Share Price $227.40 * Est. Cost/Share $145.21 Unrealized @ Report Date +36.7%

SYK STRYKER CORP 6.2%

Value $982M Shares 5,529,153 Share Price $177.68 * Est. Cost/Share $82.27 Unrealized @ Report Date +88.1%

BDX BECTON DICKINSON AND CO 6.2%

Value $975M Shares 3,735,706 Share Price $261.00 * Est. Cost/Share $164.12 Unrealized @ Report Date +26.9%

WAT WATERS CORP 6.2%

Value $970M Shares 4,983,259 Share Price $194.68 * Est. Cost/Share $151.39 Unrealized @ Report Date +25.5%

PEP PEPSICO INC 5.8%

Value $913M Shares 8,170,141 Share Price $111.80 * Est. Cost/Share $74.92 Unrealized @ Report Date +21.0%

EL ESTEE LAUDER 5.8%

Value $913M Shares 6,282,397 Share Price $145.32 * Est. Cost/Share $99.36 Unrealized @ Report Date +24.9%

ADP AUTOMATIC DATA PROCESSING 5.7%

Value $893M Shares 5,927,691 Share Price $150.66 * Est. Cost/Share $81.02 Unrealized @ Report Date +49.5%

V VISA INC CLASS A SHARES 5.5%

Value $859M Shares 5,725,371 Share Price $150.09 * Est. Cost/Share $68.61 Unrealized @ Report Date +91.5%

Value $735M Shares 3,486,738 Share Price $210.71 * Est. Cost/Share $101.79 Unrealized @ Report Date +26.0%

JNJ JOHNSON & JOHNSON 4.0%

Value $633M Shares 4,581,202 Share Price $138.17 * Est. Cost/Share $76.49 Unrealized @ Report Date +49.2%

MKC MCCORMICK & CO NON VTG SHRS 2.2%

Value $354M Shares 2,688,994 Share Price $131.75 * Est. Cost/Share $62.59 Unrealized @ Report Date 0.0%

CL COLGATE PALMOLIVE CO 0.9%

Value $149M Shares 2,223,446 Share Price $66.95 * Est. Cost/Share $55.04 Unrealized @ Report Date -3.9%

MASI MASIMO 0.3%

Value $51.47M Shares 479,372 Share Price $107.37 * Est. Cost/Share $111.51 Unrealized @ Report Date 0.0%

CHKP CHECK POINT SOFTWARE TECH 0.3%

Value $49.18M Shares 479,073 Share Price $102.65 * Est. Cost/Share $109.77 Unrealized @ Report Date 0.0%

EFX EQUIFAX 0.3%

Value $49.15M Shares 527,747 Share Price $93.13 * Est. Cost/Share $100.20 Unrealized @ Report Date 0.0%

VRSK VERISK ANALYTICS 0.3%

Value $49.12M Shares 450,436 Share Price $109.04 * Est. Cost/Share $111.73 Unrealized @ Report Date 0.0%

SABR SABRE 0.3%

Value $48.97M Shares 2,262,871 Share Price $21.64 * Est. Cost/Share $24.20 Unrealized @ Report Date 0.0%

— CDK GBL. 0.3%

Value $44.18M Shares 922,783 Share Price $47.88 Est. Cost/Share $47.88 Unrealized @ Report Date —

VRSN VERISIGN 0.3%

Value $40.46M Shares 272,873 Share Price $148.29 Est. Cost/Share $148.67 Unrealized @ Report Date 0.0%

CGNX COGNEX 0.3%

Value $39.95M Shares 1,033,167 Share Price $38.67 * Est. Cost/Share $40.59 Unrealized @ Report Date 0.0%

Value $39.03M Shares 273,041 Share Price $142.94 Est. Cost/Share $142.94 Unrealized @ Report Date —

AOS AO SMITH 0.2%

Value $29.46M Shares 689,903 Share Price $42.70 * Est. Cost/Share $40.35 Unrealized @ Report Date 0.0%

MAR MARRIOTT INTERNATIONAL CL A 0.2%

Value $23.98M Shares 181,589 Share Price $132.03 * Est. Cost/Share $74.83 Unrealized @ Report Date +45.0%

Value $21.27M Shares 144,247 Share Price $147.43 * Est. Cost/Share $141.43 Unrealized @ Report Date 0.0%

PAYC PAYCOM SOFTWARE 0.1%

Value $20.93M Shares 170,928 Share Price $122.45 * Est. Cost/Share $125.45 Unrealized @ Report Date 0.0%

IPGP IPG PHOTONICS 0.1%

Value $19.16M Shares 169,115 Share Price $113.29 * Est. Cost/Share $132.93 Unrealized @ Report Date 0.0%

MELI MERCADOLIBRE 0.0%

Value $5.349M Shares 18,267 Share Price $292.82 * Est. Cost/Share $324.05 Unrealized @ Report Date 0.0%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
MSFT	MICROSOFT	12,026,986	$1.376B	8.7%	$114.37 *	$100.81	-0.8%	COM	594918104
PYPL	PAYPAL HOLDINGS INC	15,202,210	$1.335B	8.5%	$87.84 *	$72.49	+14.6%	COM	70450Y103
IDXX	IDEXX LABORATORIES	4,432,292	$1.107B	7.0%	$249.66 *	$137.52	+49.1%	COM	45168D104
PM	PHILIP MORRIS INTERNATIONAL	12,409,367	$1.012B	6.4%	$81.54 *	$58.80	-2.6%	COM	718172109
META	FACEBOOK	6,119,785	$1.006B	6.4%	$164.46 *	$177.59	-19.0%	COM	30303M102
INTU	INTUIT INC	4,425,774	$1.006B	6.4%	$227.40 *	$145.21	+36.7%	COM	461202103
SYK	STRYKER CORP	5,529,153	$982M	6.2%	$177.68 *	$82.27	+88.1%	COM	863667101
BDX	BECTON DICKINSON AND CO	3,735,706	$975M	6.2%	$261.00 *	$164.12	+26.9%	COM	075887109
WAT	WATERS CORP	4,983,259	$970M	6.2%	$194.68 *	$151.39	+25.5%	COM	941848103
PEP	PEPSICO INC	8,170,141	$913M	5.8%	$111.80 *	$74.92	+21.0%	COM	713448108
EL	ESTEE LAUDER	6,282,397	$913M	5.8%	$145.32 *	$99.36	+24.9%	COM	518439104
ADP	AUTOMATIC DATA PROCESSING	5,927,691	$893M	5.7%	$150.66 *	$81.02	+49.5%	COM	053015103
V	VISA INC CLASS A SHARES	5,725,371	$859M	5.5%	$150.09 *	$68.61	+91.5%	COM CL A	92826C839
MMM	3M CO	3,486,738	$735M	4.7%	$210.71 *	$101.79	+26.0%	COM	88579Y101
JNJ	JOHNSON & JOHNSON	4,581,202	$633M	4.0%	$138.17 *	$76.49	+49.2%	COM	478160104
MKC	MCCORMICK & CO NON VTG SHRS	2,688,994	$354M	2.2%	$131.75 *	$62.59	0.0%	COM	579780206
CL	COLGATE PALMOLIVE CO	2,223,446	$149M	0.9%	$66.95 *	$55.04	-3.9%	COM	194162103
MASI	MASIMO	479,372	$51.47M	0.3%	$107.37 *	$111.51	0.0%	COM	574795100
CHKP	CHECK POINT SOFTWARE TECH	479,073	$49.18M	0.3%	$102.65 *	$109.77	0.0%	COM	M22465104
EFX	EQUIFAX	527,747	$49.15M	0.3%	$93.13 *	$100.20	0.0%	COM	294429105
VRSK	VERISK ANALYTICS	450,436	$49.12M	0.3%	$109.04 *	$111.73	0.0%	COM	92345Y106
SABR	SABRE	2,262,871	$48.97M	0.3%	$21.64 *	$24.20	0.0%	COM	78573M104
—	CDK GBL.	922,783	$44.18M	0.3%	$47.88	$47.88	—	COM	12508E101
VRSN	VERISIGN	272,873	$40.46M	0.3%	$148.29	$148.67	0.0%	COM	92343E102
CGNX	COGNEX	1,033,167	$39.95M	0.3%	$38.67 *	$40.59	0.0%	COM	192422103
—	ANSYS	273,041	$39.03M	0.2%	$142.94	$142.94	—	COM	03662Q105
AOS	AO SMITH	689,903	$29.46M	0.2%	$42.70 *	$40.35	0.0%	COM	831865209
MAR	MARRIOTT INTERNATIONAL CL A	181,589	$23.98M	0.2%	$132.03 *	$74.83	+45.0%	COM	571903202
MSCI	MSCI	144,247	$21.27M	0.1%	$147.43 *	$141.43	0.0%	COM	55354G100
PAYC	PAYCOM SOFTWARE	170,928	$20.93M	0.1%	$122.45 *	$125.45	0.0%	COM	70432V102
IPGP	IPG PHOTONICS	169,115	$19.16M	0.1%	$113.29 *	$132.93	0.0%	COM	44980X109
MELI	MERCADOLIBRE	18,267	$5.349M	0.0%	$292.82 *	$324.05	0.0%	COM	58733R102