Fundsmith LLP Long-Term Concentrated

Location: London, United Kingdom

CIK: 0001569205 · Show all filings

Period: Q4 2025 (← Previous) (Next →)

Filing Date: Feb 17, 2026

Total Value: $17.12B (100.0% shares, 0.0% debt)

Holdings (37)

WAT WATERS CORP 7.9%

Value $1.351B Shares 3,557,978 Share Price $379.83 * Est. Cost/Share $179.85 Unrealized @ Report Date +104.6%

SYK STRYKER CORPORATION 7.6%

Value $1.296B Shares 3,687,511 Share Price $351.47 * Est. Cost/Share $117.22 Unrealized @ Report Date +210.1%

IDXX IDEXX LABS INC 7.4%

Value $1.269B Shares 1,876,035 Share Price $676.53 Est. Cost/Share $140.18 Unrealized @ Report Date +385.8%

V VISA INC 7.2%

Value $1.24B Shares 3,534,684 Share Price $350.71 * Est. Cost/Share $94.30 Unrealized @ Report Date +260.9%

MAR MARRIOTT INTL INC NEW 7.2%

Value $1.235B Shares 3,979,927 Share Price $310.24 * Est. Cost/Share $192.83 Unrealized @ Report Date +48.0%

GOOGL ALPHABET INC 6.4%

Value $1.095B Shares 3,498,519 Share Price $313.00 * Est. Cost/Share $111.70 Unrealized @ Report Date +155.7%

ADP AUTOMATIC DATA PROCESSING IN 6.3%

Value $1.075B Shares 4,177,969 Share Price $257.23 * Est. Cost/Share $97.84 Unrealized @ Report Date +170.7%

MSFT MICROSOFT CORP 5.9%

Value $1.006B Shares 2,079,971 Share Price $483.62 * Est. Cost/Share $117.79 Unrealized @ Report Date +325.0%

PM PHILIP MORRIS INTL INC 5.7%

Value $982M Shares 6,124,597 Share Price $160.40 * Est. Cost/Share $58.91 Unrealized @ Report Date +160.7%

META META PLATFORMS INC 5.3%

Value $900M Shares 1,363,539 Share Price $660.09 Est. Cost/Share $184.69 Unrealized @ Report Date +261.3%

MTD METTLER TOLEDO INTERNATIONAL 4.7%

Value $809M Shares 580,507 Share Price $1394.19 Est. Cost/Share $1382.25 Unrealized @ Report Date +1.0%

PG PROCTER AND GAMBLE CO 3.6%

Value $609M Shares 4,248,048 Share Price $143.31 * Est. Cost/Share $137.75 Unrealized @ Report Date +6.8%

CHD CHURCH AND DWIGHT CO INC 3.3%

Value $564M Shares 6,728,404 Share Price $83.85 Est. Cost/Share $83.36 Unrealized @ Report Date +2.3%

FTNT FORTINET INC 3.0%

Value $517M Shares 6,516,011 Share Price $79.41 * Est. Cost/Share $59.78 Unrealized @ Report Date +38.7%

ZTS ZOETIS INC 2.9%

Value $491M Shares 3,900,803 Share Price $125.82 * Est. Cost/Share $158.67 Unrealized @ Report Date -17.9%

TXN TEXAS INSTRS INC 2.7%

Value $455M Shares 2,623,552 Share Price $173.49 Est. Cost/Share $171.95 Unrealized @ Report Date -0.7%

INTU INTUIT 2.4%

Value $414M Shares 625,619 Share Price $662.42 Est. Cost/Share $668.61 Unrealized @ Report Date -1.2%

NKE NIKE INC 2.1%

Value $368M Shares 5,770,181 Share Price $63.71 Est. Cost/Share $91.18 Unrealized @ Report Date -28.8%

OTIS OTIS WORLDWIDE CORP 1.6%

Value $272M Shares 3,112,380 Share Price $87.35 * Est. Cost/Share $69.56 Unrealized @ Report Date +28.3%

MSCI MSCI INC 0.6%

Value $95.59M Shares 166,619 Share Price $573.73 * Est. Cost/Share $158.16 Unrealized @ Report Date +254.1%

ROL ROLLINS INC 0.5%

Value $88.75M Shares 1,478,629 Share Price $60.02 * Est. Cost/Share $33.49 Unrealized @ Report Date +75.1%

QLYS QUALYS INC 0.5%

Value $86.09M Shares 647,806 Share Price $132.90 * Est. Cost/Share $116.50 Unrealized @ Report Date +18.1%

PAYC PAYCOM SOFTWARE INC 0.5%

Value $83.41M Shares 523,433 Share Price $159.36 * Est. Cost/Share $197.80 Unrealized @ Report Date -10.6%

ODD ODDITY TECH LTD 0.5%

Value $83.34M Shares 2,074,167 Share Price $40.18 * Est. Cost/Share $40.80 Unrealized @ Report Date +10.8%

CPRX CATALYST PHARMACEUTICALS INC 0.5%

Value $78.51M Shares 3,363,807 Share Price $23.34 * Est. Cost/Share $22.32 Unrealized @ Report Date -0.2%

NSSC NAPCO SEC TECHNOLOGIES INC 0.4%

Value $74.22M Shares 1,779,857 Share Price $41.70 Est. Cost/Share $29.64 Unrealized @ Report Date +41.6%

DOCS DOXIMITY INC 0.4%

Value $73.06M Shares 1,650,002 Share Price $44.28 * Est. Cost/Share $55.05 Unrealized @ Report Date +2.0%

NTNX NUTANIX INC 0.4%

Value $71.19M Shares 1,377,158 Share Price $51.69 * Est. Cost/Share $61.10 Unrealized @ Report Date 0.0%

VRT VERTIV HOLDINGS CO 0.4%

Value $66.58M Shares 410,944 Share Price $162.01 * Est. Cost/Share $97.15 Unrealized @ Report Date +78.7%

VRSN VERISIGN INC 0.4%

Value $65.75M Shares 270,634 Share Price $242.95 * Est. Cost/Share $181.85 Unrealized @ Report Date +37.9%

CLX CLOROX CO DEL 0.4%

Value $61.86M Shares 613,497 Share Price $100.83 * Est. Cost/Share $125.25 Unrealized @ Report Date -13.6%

MANH MANHATTAN ASSOCIATES INC 0.3%

Value $49.97M Shares 288,332 Share Price $173.31 * Est. Cost/Share $181.51 Unrealized @ Report Date +0.7%

GGG GRACO INC 0.3%

Value $47.46M Shares 579,016 Share Price $81.97 Est. Cost/Share $71.41 Unrealized @ Report Date +14.8%

MEDP MEDPACE HLDGS INC 0.3%

Value $46.37M Shares 82,567 Share Price $561.65 Est. Cost/Share $339.14 Unrealized @ Report Date +67.4%

ADMA ADMA BIOLOGICS INC 0.2%

Value $38.34M Shares 2,102,054 Share Price $18.24 * Est. Cost/Share $16.85 Unrealized @ Report Date 0.0%

SABR SABRE CORP 0.2%

Value $29.24M Shares 21,499,095 Share Price $1.36 * Est. Cost/Share $13.59 Unrealized @ Report Date -87.3%

HD HOME DEPOT INC 0.2%

Value $27.6M Shares 80,206 Share Price $344.10 * Est. Cost/Share $298.21 Unrealized @ Report Date +22.3%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
WAT	WATERS CORP	3,557,978	$1.351B	7.9%	$379.83 *	$179.85	+104.6%	COM	941848103
SYK	STRYKER CORPORATION	3,687,511	$1.296B	7.6%	$351.47 *	$117.22	+210.1%	COM	863667101
IDXX	IDEXX LABS INC	1,876,035	$1.269B	7.4%	$676.53	$140.18	+385.8%	COM	45168D104
V	VISA INC	3,534,684	$1.24B	7.2%	$350.71 *	$94.30	+260.9%	COM CL A	92826C839
MAR	MARRIOTT INTL INC NEW	3,979,927	$1.235B	7.2%	$310.24 *	$192.83	+48.0%	CL A	571903202
GOOGL	ALPHABET INC	3,498,519	$1.095B	6.4%	$313.00 *	$111.70	+155.7%	CAP STK CL A	02079K305
ADP	AUTOMATIC DATA PROCESSING IN	4,177,969	$1.075B	6.3%	$257.23 *	$97.84	+170.7%	COM	053015103
MSFT	MICROSOFT CORP	2,079,971	$1.006B	5.9%	$483.62 *	$117.79	+325.0%	COM	594918104
PM	PHILIP MORRIS INTL INC	6,124,597	$982M	5.7%	$160.40 *	$58.91	+160.7%	COM	718172109
META	META PLATFORMS INC	1,363,539	$900M	5.3%	$660.09	$184.69	+261.3%	CL A	30303M102
MTD	METTLER TOLEDO INTERNATIONAL	580,507	$809M	4.7%	$1394.19	$1382.25	+1.0%	COM	592688105
PG	PROCTER AND GAMBLE CO	4,248,048	$609M	3.6%	$143.31 *	$137.75	+6.8%	COM	742718109
CHD	CHURCH AND DWIGHT CO INC	6,728,404	$564M	3.3%	$83.85	$83.36	+2.3%	COM	171340102
FTNT	FORTINET INC	6,516,011	$517M	3.0%	$79.41 *	$59.78	+38.7%	COM	34959E109
ZTS	ZOETIS INC	3,900,803	$491M	2.9%	$125.82 *	$158.67	-17.9%	CL A	98978V103
TXN	TEXAS INSTRS INC	2,623,552	$455M	2.7%	$173.49	$171.95	-0.7%	COM	882508104
INTU	INTUIT	625,619	$414M	2.4%	$662.42	$668.61	-1.2%	COM	461202103
NKE	NIKE INC	5,770,181	$368M	2.1%	$63.71	$91.18	-28.8%	CL B	654106103
OTIS	OTIS WORLDWIDE CORP	3,112,380	$272M	1.6%	$87.35 *	$69.56	+28.3%	COM	68902V107
MSCI	MSCI INC	166,619	$95.59M	0.6%	$573.73 *	$158.16	+254.1%	COM	55354G100
ROL	ROLLINS INC	1,478,629	$88.75M	0.5%	$60.02 *	$33.49	+75.1%	COM	775711104
QLYS	QUALYS INC	647,806	$86.09M	0.5%	$132.90 *	$116.50	+18.1%	COM	74758T303
PAYC	PAYCOM SOFTWARE INC	523,433	$83.41M	0.5%	$159.36 *	$197.80	-10.6%	COM	70432V102
ODD	ODDITY TECH LTD	2,074,167	$83.34M	0.5%	$40.18 *	$40.80	+10.8%	SHS CL A	M7518J104
CPRX	CATALYST PHARMACEUTICALS INC	3,363,807	$78.51M	0.5%	$23.34 *	$22.32	-0.2%	COM	14888U101
NSSC	NAPCO SEC TECHNOLOGIES INC	1,779,857	$74.22M	0.4%	$41.70	$29.64	+41.6%	COM	630402105
DOCS	DOXIMITY INC	1,650,002	$73.06M	0.4%	$44.28 *	$55.05	+2.0%	CL A	26622P107
NTNX	NUTANIX INC	1,377,158	$71.19M	0.4%	$51.69 *	$61.10	0.0%	CL A	67059N108
VRT	VERTIV HOLDINGS CO	410,944	$66.58M	0.4%	$162.01 *	$97.15	+78.7%	COM CL A	92537N108
VRSN	VERISIGN INC	270,634	$65.75M	0.4%	$242.95 *	$181.85	+37.9%	COM	92343E102
CLX	CLOROX CO DEL	613,497	$61.86M	0.4%	$100.83 *	$125.25	-13.6%	COM	189054109
MANH	MANHATTAN ASSOCIATES INC	288,332	$49.97M	0.3%	$173.31 *	$181.51	+0.7%	COM	562750109
GGG	GRACO INC	579,016	$47.46M	0.3%	$81.97	$71.41	+14.8%	COM	384109104
MEDP	MEDPACE HLDGS INC	82,567	$46.37M	0.3%	$561.65	$339.14	+67.4%	COM	58506Q109
ADMA	ADMA BIOLOGICS INC	2,102,054	$38.34M	0.2%	$18.24 *	$16.85	0.0%	COM	000899104
SABR	SABRE CORP	21,499,095	$29.24M	0.2%	$1.36 *	$13.59	-87.3%	COM	78573M104
HD	HOME DEPOT INC	80,206	$27.6M	0.2%	$344.10 *	$298.21	+22.3%	COM	437076102