Institutional Manager · CIK 0001868537
FUNDSMITH INVESTMENT SERVICES LTD.
GRANDE RIVIERE NOIRE, O4 · File #028-21328
Latest AUM
$5.47B
Positions
26
Top-10 Concentration
69.7%
Filings
9
Portfolio Value Over Time
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
Biggest QoQ Changes
Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.
| Action | Issuer | Ticker / CUSIP | Δ Shares | Flow ($) | Price Effect |
|---|---|---|---|---|---|
| REDUCE | ALPHABET INC | GOOG | -689,193 | -$215.7M | +$136.1M |
| REDUCE | MICROSOFT CORP | MSFT | -337,084 | -$163.0M | -$34.5M |
| REDUCE | META PLATFORMS INC | META | -183,945 | -$121.4M | -$52.6M |
| REDUCE | IDEXX LABS INC | 45168D104 | -134,498 | -$91.0M | +$25.9M |
| REDUCE | STRYKER CORPORATION | SYK | -246,373 | -$86.6M | -$28.3M |
| REDUCE | WATERS CORP | 941848103 | -210,080 | -$79.8M | +$108.5M |
| REDUCE | VISA INC | V | -170,135 | -$59.7M | +$11.7M |
| REDUCE | MARRIOTT INTL INC NEW | 571903202 | -145,310 | -$45.1M | +$72.9M |
| REDUCE | FORTINET INC | FTNT | -461,499 | -$36.6M | -$10.6M |
| REDUCE | OTIS WORLDWIDE CORP | OTIS | -392,590 | -$34.3M | -$6.7M |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 202526 pos · $5.47B
- 13F HOLDINGS REPORTQ/E Sep 202523 pos · $6.42B
- 13F HOLDINGS REPORTQ/E Jun 202526 pos · $7.39B
- 13F HOLDINGS REPORTQ/E Mar 202527 pos · $7.09B
- 13F HOLDINGS REPORTQ/E Dec 202431 pos · $7.69B
- 13F HOLDINGS REPORTQ/E Sep 202428 pos · $8.04B
- 13F HOLDINGS REPORTQ/E Jun 202428 pos · $7.75B
- 13F HOLDINGS REPORTQ/E Mar 202427 pos · $7.52B
- 13F HOLDINGS REPORTQ/E Dec 202326 pos · $6.42B
Top 20 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | STRYKER CORPORATION | SYK | 1,307,407 | $459.5M | 8.41% |
| 2 | WATERS CORP | 941848103 | 1,146,209 | $435.4M | 7.96% |
| 3 | MARRIOTT INTL INC NEW | 571903202 | 1,318,251 | $409.0M | 7.48% |
| 4 | ALPHABET INC | GOOG | 1,257,218 | $393.5M | 7.20% |
| 5 | VISA INC | V | 1,079,514 | $378.6M | 6.93% |
| 6 | IDEXX LABS INC | 45168D104 | 553,859 | $374.7M | 6.86% |
| 7 | META PLATFORMS INC | META | 523,536 | $345.6M | 6.32% |
| 8 | AUTOMATIC DATA PROCESSING IN | ADP | 1,338,320 | $344.3M | 6.30% |
| 9 | PHILIP MORRIS INTL INC | 718172109 | 2,091,801 | $335.5M | 6.14% |
| 10 | METTLER TOLEDO INTERNATIONAL | MTD | 239,736 | $334.2M | 6.11% |
| 11 | MICROSOFT CORP | MSFT | 668,549 | $323.3M | 5.92% |
| 12 | PROCTER AND GAMBLE CO | 742718109 | 1,777,110 | $254.7M | 4.66% |
| 13 | CHURCH AND DWIGHT CO INC | CHD | 2,620,239 | $219.7M | 4.02% |
| 14 | ZOETIS INC | ZTS | 1,206,414 | $151.8M | 2.78% |
| 15 | TEXAS INSTRS INC | 882508104 | 872,579 | $151.4M | 2.77% |
| 16 | FORTINET INC | FTNT | 1,818,233 | $144.4M | 2.64% |
| 17 | NIKE INC | NKE | 2,226,357 | $141.8M | 2.59% |
| 18 | INTUIT | INTU | 176,360 | $116.8M | 2.14% |
| 19 | OTIS WORLDWIDE CORP | OTIS | 1,251,513 | $109.3M | 2.00% |
| 20 | BADGER METER INC | BMI | 132,631 | $23.1M | 0.42% |