Fundsmith LLP Long-Term Concentrated

Location: London, United Kingdom

CIK: 0001569205 · Show all filings

Period: Q1 2019 (← Previous) (Next →)

Filing Date: May 13, 2019

Total Value: $17.6B (100.0% shares, 0.0% debt)

Holdings (31)

PYPL PAYPAL HOLDINGS INC 9.1%

Value $1.593B Shares 15,338,423 Share Price $103.84 * Est. Cost/Share $72.49 Unrealized @ Report Date +30.3%

MSFT MICROSOFT 8.1%

Value $1.432B Shares 12,140,368 Share Price $117.94 * Est. Cost/Share $100.81 Unrealized @ Report Date +1.5%

WAT WATERS CORP 7.2%

Value $1.265B Shares 5,026,757 Share Price $251.71 * Est. Cost/Share $151.39 Unrealized @ Report Date +50.5%

PM PHILIP MORRIS INTERNATIONAL 6.7%

Value $1.177B Shares 13,315,376 Share Price $88.39 * Est. Cost/Share $58.62 Unrealized @ Report Date -4.3%

INTU INTUIT INC 6.7%

Value $1.171B Shares 4,481,318 Share Price $261.41 * Est. Cost/Share $146.15 Unrealized @ Report Date +51.2%

SYK STRYKER CORP 6.3%

Value $1.103B Shares 5,581,841 Share Price $197.52 * Est. Cost/Share $82.27 Unrealized @ Report Date +103.1%

EL ESTEE LAUDER 6.2%

Value $1.098B Shares 6,631,703 Share Price $165.55 * Est. Cost/Share $101.21 Unrealized @ Report Date +32.9%

META FACEBOOK 6.0%

Value $1.061B Shares 6,367,698 Share Price $166.69 * Est. Cost/Share $176.82 Unrealized @ Report Date -10.7%

PEP PEPSICO INC 5.8%

Value $1.013B Shares 8,269,554 Share Price $122.55 * Est. Cost/Share $75.13 Unrealized @ Report Date +23.1%

IDXX IDEXX LABORATORIES 5.7%

Value $999M Shares 4,467,341 Share Price $223.60 * Est. Cost/Share $137.52 Unrealized @ Report Date +50.1%

ADP AUTOMATIC DATA PROCESSING 5.4%

Value $958M Shares 5,994,171 Share Price $159.74 * Est. Cost/Share $81.51 Unrealized @ Report Date +53.9%

BDX BECTON DICKINSON AND CO 5.4%

Value $942M Shares 3,771,159 Share Price $249.73 * Est. Cost/Share $164.12 Unrealized @ Report Date +29.6%

V VISA INC CLASS A SHARES 5.1%

Value $904M Shares 5,789,403 Share Price $156.19 * Est. Cost/Share $69.38 Unrealized @ Report Date +98.0%

MKC MCCORMICK & CO NON VTG SHRS 4.5%

Value $784M Shares 5,204,584 Share Price $150.63 * Est. Cost/Share $60.90 Unrealized @ Report Date -3.0%

Value $735M Shares 3,536,774 Share Price $207.78 * Est. Cost/Share $102.20 Unrealized @ Report Date +28.2%

JNJ JOHNSON & JOHNSON 3.7%

Value $643M Shares 4,599,735 Share Price $139.79 * Est. Cost/Share $76.49 Unrealized @ Report Date +44.3%

EFX EQUIFAX 0.4%

Value $68.55M Shares 578,511 Share Price $118.50 * Est. Cost/Share $100.25 Unrealized @ Report Date +0.6%

VRSK VERISK ANALYTICS 0.4%

Value $68.32M Shares 513,680 Share Price $133.00 * Est. Cost/Share $112.30 Unrealized @ Report Date +3.6%

MASI MASIMO 0.4%

Value $67.85M Shares 490,663 Share Price $138.28 * Est. Cost/Share $111.83 Unrealized @ Report Date +12.3%

CHKP CHECK POINT SOFTWARE TECH 0.4%

Value $66.3M Shares 524,186 Share Price $126.49 * Est. Cost/Share $110.33 Unrealized @ Report Date +5.4%

SABR SABRE 0.4%

Value $63.48M Shares 2,967,828 Share Price $21.39 * Est. Cost/Share $23.73 Unrealized @ Report Date -6.4%

— CDK GBL. 0.3%

Value $54.28M Shares 922,783 Share Price $58.82 Est. Cost/Share $47.88 Unrealized @ Report Date —

Value $53.45M Shares 292,526 Share Price $182.71 Est. Cost/Share $145.59 Unrealized @ Report Date —

CGNX COGNEX 0.3%

Value $52.55M Shares 1,033,167 Share Price $50.86 * Est. Cost/Share $40.59 Unrealized @ Report Date +10.5%

VRSN VERISIGN 0.3%

Value $49.54M Shares 272,873 Share Price $181.56 * Est. Cost/Share $148.67 Unrealized @ Report Date +14.4%

AOS AO SMITH 0.2%

Value $40.71M Shares 763,583 Share Price $53.32 * Est. Cost/Share $40.69 Unrealized @ Report Date +7.7%

Value $37.56M Shares 188,920 Share Price $198.84 * Est. Cost/Share $146.36 Unrealized @ Report Date +10.9%

IPGP IPG PHOTONICS 0.2%

Value $33.18M Shares 218,607 Share Price $151.78 * Est. Cost/Share $134.88 Unrealized @ Report Date +4.9%

PAYC PAYCOM SOFTWARE 0.2%

Value $32.33M Shares 170,928 Share Price $189.13 * Est. Cost/Share $125.45 Unrealized @ Report Date +26.9%

MAR MARRIOTT INTERNATIONAL CL A 0.1%

Value $22.53M Shares 180,080 Share Price $125.09 * Est. Cost/Share $74.83 Unrealized @ Report Date +49.1%

MELI MERCADOLIBRE 0.1%

Value $9.275M Shares 18,267 Share Price $507.75 * Est. Cost/Share $324.05 Unrealized @ Report Date +23.0%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
PYPL	PAYPAL HOLDINGS INC	15,338,423	$1.593B	9.1%	$103.84 *	$72.49	+30.3%	COM	70450Y103
MSFT	MICROSOFT	12,140,368	$1.432B	8.1%	$117.94 *	$100.81	+1.5%	COM	594918104
WAT	WATERS CORP	5,026,757	$1.265B	7.2%	$251.71 *	$151.39	+50.5%	COM	941848103
PM	PHILIP MORRIS INTERNATIONAL	13,315,376	$1.177B	6.7%	$88.39 *	$58.62	-4.3%	COM	718172109
INTU	INTUIT INC	4,481,318	$1.171B	6.7%	$261.41 *	$146.15	+51.2%	COM	461202103
SYK	STRYKER CORP	5,581,841	$1.103B	6.3%	$197.52 *	$82.27	+103.1%	COM	863667101
EL	ESTEE LAUDER	6,631,703	$1.098B	6.2%	$165.55 *	$101.21	+32.9%	CL A	518439104
META	FACEBOOK	6,367,698	$1.061B	6.0%	$166.69 *	$176.82	-10.7%	CL A	30303M102
PEP	PEPSICO INC	8,269,554	$1.013B	5.8%	$122.55 *	$75.13	+23.1%	COM	713448108
IDXX	IDEXX LABORATORIES	4,467,341	$999M	5.7%	$223.60 *	$137.52	+50.1%	COM	45168D104
ADP	AUTOMATIC DATA PROCESSING	5,994,171	$958M	5.4%	$159.74 *	$81.51	+53.9%	COM	053015103
BDX	BECTON DICKINSON AND CO	3,771,159	$942M	5.4%	$249.73 *	$164.12	+29.6%	COM	075887109
V	VISA INC CLASS A SHARES	5,789,403	$904M	5.1%	$156.19 *	$69.38	+98.0%	COM CL A	92826C839
MKC	MCCORMICK & CO NON VTG SHRS	5,204,584	$784M	4.5%	$150.63 *	$60.90	-3.0%	COM NON VTG	579780206
MMM	3M CO	3,536,774	$735M	4.2%	$207.78 *	$102.20	+28.2%	COM	88579Y101
JNJ	JOHNSON & JOHNSON	4,599,735	$643M	3.7%	$139.79 *	$76.49	+44.3%	COM	478160104
EFX	EQUIFAX	578,511	$68.55M	0.4%	$118.50 *	$100.25	+0.6%	COM	294429105
VRSK	VERISK ANALYTICS	513,680	$68.32M	0.4%	$133.00 *	$112.30	+3.6%	COM	92345Y106
MASI	MASIMO	490,663	$67.85M	0.4%	$138.28 *	$111.83	+12.3%	COM	574795100
CHKP	CHECK POINT SOFTWARE TECH	524,186	$66.3M	0.4%	$126.49 *	$110.33	+5.4%	ORD	M22465104
SABR	SABRE	2,967,828	$63.48M	0.4%	$21.39 *	$23.73	-6.4%	COM	78573M104
—	CDK GBL.	922,783	$54.28M	0.3%	$58.82	$47.88	—	COM	12508E101
—	ANSYS	292,526	$53.45M	0.3%	$182.71	$145.59	—	COM	03662Q105
CGNX	COGNEX	1,033,167	$52.55M	0.3%	$50.86 *	$40.59	+10.5%	COM	192422103
VRSN	VERISIGN	272,873	$49.54M	0.3%	$181.56 *	$148.67	+14.4%	COM	92343E102
AOS	AO SMITH	763,583	$40.71M	0.2%	$53.32 *	$40.69	+7.7%	COM	831865209
MSCI	MSCI	188,920	$37.56M	0.2%	$198.84 *	$146.36	+10.9%	COM	55354G100
IPGP	IPG PHOTONICS	218,607	$33.18M	0.2%	$151.78 *	$134.88	+4.9%	COM	44980X109
PAYC	PAYCOM SOFTWARE	170,928	$32.33M	0.2%	$189.13 *	$125.45	+26.9%	COM	70432V102
MAR	MARRIOTT INTERNATIONAL CL A	180,080	$22.53M	0.1%	$125.09 *	$74.83	+49.1%	CL A	571903202
MELI	MERCADOLIBRE	18,267	$9.275M	0.1%	$507.75 *	$324.05	+23.0%	COM	58733R102