Fundsmith LLP Long-Term Concentrated

Location: London, United Kingdom

CIK: 0001569205 · Show all filings

Period: Q1 2023 (← Previous) (Next →)

Filing Date: May 15, 2023

Total Value: $23.17B (100.0% shares, 0.0% debt)

Holdings (40)

MSFT MICROSOFT CORP 11.2%

Value $2.604B Shares 9,031,101 Share Price $288.30 * Est. Cost/Share $117.79 Unrealized @ Report Date +111.8%

PM PHILIP MORRIS INTERNATIONAL 6.9%

Value $1.601B Shares 16,463,863 Share Price $97.25 * Est. Cost/Share $58.91 Unrealized @ Report Date +47.6%

SYK STRYKER CORP 6.8%

Value $1.57B Shares 5,498,313 Share Price $285.47 * Est. Cost/Share $117.22 Unrealized @ Report Date +119.9%

IDXX IDEXX LABORATORIES INC 6.4%

Value $1.477B Shares 2,954,196 Share Price $500.08 * Est. Cost/Share $140.18 Unrealized @ Report Date +241.4%

EL ESTEE LAUDER COMPANIES CL A 5.8%

Value $1.338B Shares 5,428,332 Share Price $246.46 * Est. Cost/Share $116.85 Unrealized @ Report Date +106.0%

MKC MCCORMICK & CO NON VTG SHRS 5.6%

Value $1.29B Shares 15,498,588 Share Price $83.21 * Est. Cost/Share $75.63 Unrealized @ Report Date -6.0%

V VISA INC CLASS A SHARES 5.5%

Value $1.266B Shares 5,613,420 Share Price $225.46 * Est. Cost/Share $90.88 Unrealized @ Report Date +139.7%

ADP AUTOMATIC DATA PROCESSING 5.3%

Value $1.234B Shares 5,541,966 Share Price $222.63 * Est. Cost/Share $91.18 Unrealized @ Report Date +131.9%

PEP PEPSICO INC 5.2%

Value $1.214B Shares 6,658,537 Share Price $182.30 * Est. Cost/Share $85.96 Unrealized @ Report Date +84.6%

META META PLATFORMS INC-CLASS A 5.2%

Value $1.2B Shares 5,664,271 Share Price $211.94 * Est. Cost/Share $184.69 Unrealized @ Report Date -8.4%

WAT WATERS CORP 4.9%

Value $1.145B Shares 3,698,369 Share Price $309.63 * Est. Cost/Share $164.82 Unrealized @ Report Date +96.3%

MTD METTLER TOLEDO ORD 3.7%

Value $859M Shares 561,414 Share Price $1530.21 Est. Cost/Share $1393.26 Unrealized @ Report Date +7.8%

NKE NIKE INC CL B 3.6%

Value $825M Shares 6,726,271 Share Price $122.64 * Est. Cost/Share $91.18 Unrealized @ Report Date +28.0%

GOOGL ALPHABET CL A ORD 3.4%

Value $791M Shares 7,628,198 Share Price $103.73 * Est. Cost/Share $111.70 Unrealized @ Report Date -14.8%

BF/B BROWN FORMAN CORP CLASS B 3.4%

Value $786M Shares 12,230,048 Share Price $64.27 * Est. Cost/Share $57.74 Unrealized @ Report Date +5.8%

CHD CHURCH AND DWIGHT ORD 3.2%

Value $747M Shares 8,449,927 Share Price $88.41 * Est. Cost/Share $82.47 Unrealized @ Report Date -2.2%

AMZN AMAZON COM ORD 3.0%

Value $700M Shares 6,777,831 Share Price $103.29 * Est. Cost/Share $127.49 Unrealized @ Report Date -24.2%

OTIS OTIS WORLDWIDE ORD 2.3%

Value $530M Shares 6,281,675 Share Price $84.40 * Est. Cost/Share $69.26 Unrealized @ Report Date +13.9%

PG PROCTER & GAMBLE ORD 1.1%

Value $255M Shares 1,716,482 Share Price $148.69 * Est. Cost/Share $131.25 Unrealized @ Report Date +1.5%

AAPL Apple 1.0%

Value $221M Shares 1,341,979 Share Price $164.90 * Est. Cost/Share $148.43 Unrealized @ Report Date -2.0%

FTNT FORTINET ORD 0.7%

Value $154M Shares 2,313,303 Share Price $66.46 * Est. Cost/Share $52.55 Unrealized @ Report Date +8.2%

VRSN VERISIGN INC 0.6%

Value $143M Shares 674,791 Share Price $211.33 * Est. Cost/Share $181.85 Unrealized @ Report Date +12.4%

MASI MASIMO CORP 0.6%

Value $141M Shares 764,319 Share Price $184.54 * Est. Cost/Share $148.19 Unrealized @ Report Date +13.8%

MSCI MSCI INC 0.5%

Value $118M Shares 211,317 Share Price $559.69 * Est. Cost/Share $158.16 Unrealized @ Report Date +223.4%

IPGP IPG PHOTONICS CORP 0.5%

Value $105M Shares 854,259 Share Price $123.31 * Est. Cost/Share $149.55 Unrealized @ Report Date -22.5%

CGNX COGNEX CORP 0.4%

Value $102M Shares 2,059,788 Share Price $49.55 Est. Cost/Share $48.01 Unrealized @ Report Date +3.1%

VRSK VERISK ANALYTICS INC 0.4%

Value $102M Shares 530,087 Share Price $191.86 * Est. Cost/Share $131.63 Unrealized @ Report Date +35.1%

EFX EQUIFAX INC 0.4%

Value $100M Shares 495,301 Share Price $202.84 Est. Cost/Share $112.91 Unrealized @ Report Date +80.6%

SABR SABRE CORP 0.4%

Value $97.42M Shares 22,707,687 Share Price $4.29 * Est. Cost/Share $13.59 Unrealized @ Report Date -57.9%

QLYS QUALYS INC 0.4%

Value $85.61M Shares 658,407 Share Price $130.02 * Est. Cost/Share $105.36 Unrealized @ Report Date +11.2%

ROL ROLLINS ORD 0.3%

Value $64.78M Shares 1,726,161 Share Price $37.53 * Est. Cost/Share $33.49 Unrealized @ Report Date +3.8%

IEX IDEX ORD 0.3%

Value $60.93M Shares 263,740 Share Price $231.03 * Est. Cost/Share $207.07 Unrealized @ Report Date +5.6%

PAYC PAYCOM SOFTWARE INC 0.2%

Value $48.95M Shares 161,007 Share Price $304.01 * Est. Cost/Share $182.12 Unrealized @ Report Date +62.0%

HD HOME DEPOT ORD 0.2%

Value $45.35M Shares 153,663 Share Price $295.12 * Est. Cost/Share $296.00 Unrealized @ Report Date -3.8%

JNJ JOHNSON & JOHNSON 0.2%

Value $43.01M Shares 277,464 Share Price $155.00 * Est. Cost/Share $104.20 Unrealized @ Report Date +41.9%

GGG GRACO ORD 0.2%

Value $39.86M Shares 545,911 Share Price $73.01 * Est. Cost/Share $66.84 Unrealized @ Report Date 0.0%

ZTS ZOETIS CL A ORD 0.2%

Value $37.5M Shares 225,309 Share Price $166.44 * Est. Cost/Share $162.21 Unrealized @ Report Date -2.0%

MAR MARRIOTT INTERNATIONAL CL A 0.1%

Value $16.54M Shares 99,594 Share Price $166.04 * Est. Cost/Share $161.79 Unrealized @ Report Date 0.0%

MA MASTERCARD CL A ORD 0.1%

Value $15.14M Shares 41,664 Share Price $363.41 Est. Cost/Share $357.45 Unrealized @ Report Date 0.0%

EW EDWARDS LIFESCIENCES ORD 0.0%

Value $826K Shares 9,979 Share Price $82.73 * Est. Cost/Share $96.22 Unrealized @ Report Date -18.3%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
MSFT	MICROSOFT CORP	9,031,101	$2.604B	11.2%	$288.30 *	$117.79	+111.8%	COM	594918104
PM	PHILIP MORRIS INTERNATIONAL	16,463,863	$1.601B	6.9%	$97.25 *	$58.91	+47.6%	COM	718172109
SYK	STRYKER CORP	5,498,313	$1.57B	6.8%	$285.47 *	$117.22	+119.9%	COM	863667101
IDXX	IDEXX LABORATORIES INC	2,954,196	$1.477B	6.4%	$500.08 *	$140.18	+241.4%	COM	45168D104
EL	ESTEE LAUDER COMPANIES CL A	5,428,332	$1.338B	5.8%	$246.46 *	$116.85	+106.0%	CL A	518439104
MKC	MCCORMICK & CO NON VTG SHRS	15,498,588	$1.29B	5.6%	$83.21 *	$75.63	-6.0%	COM NON VTG	579780206
V	VISA INC CLASS A SHARES	5,613,420	$1.266B	5.5%	$225.46 *	$90.88	+139.7%	COM CL A	92826C839
ADP	AUTOMATIC DATA PROCESSING	5,541,966	$1.234B	5.3%	$222.63 *	$91.18	+131.9%	COM	053015103
PEP	PEPSICO INC	6,658,537	$1.214B	5.2%	$182.30 *	$85.96	+84.6%	COM	713448108
META	META PLATFORMS INC-CLASS A	5,664,271	$1.2B	5.2%	$211.94 *	$184.69	-8.4%	CL A	30303M102
WAT	WATERS CORP	3,698,369	$1.145B	4.9%	$309.63 *	$164.82	+96.3%	COM	941848103
MTD	METTLER TOLEDO ORD	561,414	$859M	3.7%	$1530.21	$1393.26	+7.8%	COM	592688105
NKE	NIKE INC CL B	6,726,271	$825M	3.6%	$122.64 *	$91.18	+28.0%	CL B	654106103
GOOGL	ALPHABET CL A ORD	7,628,198	$791M	3.4%	$103.73 *	$111.70	-14.8%	CAP STK CL A	02079K305
BF/B	BROWN FORMAN CORP CLASS B	12,230,048	$786M	3.4%	$64.27 *	$57.74	+5.8%	CL B	115637209
CHD	CHURCH AND DWIGHT ORD	8,449,927	$747M	3.2%	$88.41 *	$82.47	-2.2%	COM	171340102
AMZN	AMAZON COM ORD	6,777,831	$700M	3.0%	$103.29 *	$127.49	-24.2%	COM	023135106
OTIS	OTIS WORLDWIDE ORD	6,281,675	$530M	2.3%	$84.40 *	$69.26	+13.9%	COM	68902V107
PG	PROCTER & GAMBLE ORD	1,716,482	$255M	1.1%	$148.69 *	$131.25	+1.5%	COM	742718109
AAPL	Apple	1,341,979	$221M	1.0%	$164.90 *	$148.43	-2.0%	COM	037833100
FTNT	FORTINET ORD	2,313,303	$154M	0.7%	$66.46 *	$52.55	+8.2%	COM	34959E109
VRSN	VERISIGN INC	674,791	$143M	0.6%	$211.33 *	$181.85	+12.4%	COM	92343E102
MASI	MASIMO CORP	764,319	$141M	0.6%	$184.54 *	$148.19	+13.8%	COM	574795100
MSCI	MSCI INC	211,317	$118M	0.5%	$559.69 *	$158.16	+223.4%	COM	55354G100
IPGP	IPG PHOTONICS CORP	854,259	$105M	0.5%	$123.31 *	$149.55	-22.5%	COM	44980X109
CGNX	COGNEX CORP	2,059,788	$102M	0.4%	$49.55	$48.01	+3.1%	COM	192422103
VRSK	VERISK ANALYTICS INC	530,087	$102M	0.4%	$191.86 *	$131.63	+35.1%	COM	92345Y106
EFX	EQUIFAX INC	495,301	$100M	0.4%	$202.84	$112.91	+80.6%	COM	294429105
SABR	SABRE CORP	22,707,687	$97.42M	0.4%	$4.29 *	$13.59	-57.9%	COM	78573M104
QLYS	QUALYS INC	658,407	$85.61M	0.4%	$130.02 *	$105.36	+11.2%	COM	74758T303
ROL	ROLLINS ORD	1,726,161	$64.78M	0.3%	$37.53 *	$33.49	+3.8%	COM	775711104
IEX	IDEX ORD	263,740	$60.93M	0.3%	$231.03 *	$207.07	+5.6%	COM	45167R104
PAYC	PAYCOM SOFTWARE INC	161,007	$48.95M	0.2%	$304.01 *	$182.12	+62.0%	COM	70432V102
HD	HOME DEPOT ORD	153,663	$45.35M	0.2%	$295.12 *	$296.00	-3.8%	COM	437076102
JNJ	JOHNSON & JOHNSON	277,464	$43.01M	0.2%	$155.00 *	$104.20	+41.9%	COM	478160104
GGG	GRACO ORD	545,911	$39.86M	0.2%	$73.01 *	$66.84	0.0%	COM	384109104
ZTS	ZOETIS CL A ORD	225,309	$37.5M	0.2%	$166.44 *	$162.21	-2.0%	CL A	98978V103
MAR	MARRIOTT INTERNATIONAL CL A	99,594	$16.54M	0.1%	$166.04 *	$161.79	0.0%	CL A	571903202
MA	MASTERCARD CL A ORD	41,664	$15.14M	0.1%	$363.41	$357.45	0.0%	CL A	57636Q104
EW	EDWARDS LIFESCIENCES ORD	9,979	$826K	0.0%	$82.73 *	$96.22	-18.3%	COM	28176E108