Smart Money Radar / Whales / Terry Smith
T

Terry Smith

Fundsmith LLP · Holdings as of Dec 31, 2024, filed by Feb 15, 2025 · US long stock positions only

Buy quality

Reported value
$23B
38 positions shown
Copycat since 2016
3.00x
11% per year
vs SPY
behind
SPY 3.57x same window
Top position
META
11% of book

Copying these filings vs SPY

$1 at every deadline since 2016
SPY 3.57x Terry Smith 3.00x
Price returns, dividends excluded on both lines. A copycat of public filings traded at each deadline, not the fund's actual performance.
Mar 2026 Dec 2025 Sep 2025 Jun 2025 Mar 2025 Dec 2024 Sep 2024 Jun 2024 Mar 2024 Dec 2023 Sep 2023 Jun 2023

The book

tile = share of the filed book · tap a tile for the ticker · Dec 2024
META 11% MSFT 11% SYK 8% ADP 6% V 6% PM 6% WAT 6% GOOGL 6% MAR 5% IDXX 5% PEP 4% FTNT 3% PG 3% MTD 3% CHD 3%
+23 more 13%
SymbolValue% of bookvs prior quarter
META $2.7B 11% trimmed
MSFT $2.6B 11% trimmed
SYK $1.9B 8% unchanged
ADP $1.5B 6% trimmed
V $1.5B 6% trimmed
PM $1.4B 6% trimmed
WAT $1.3B 6% unchanged
GOOGL $1.3B 6% unchanged
MAR $1.2B 5% unchanged
IDXX $1.1B 5% unchanged
PEP $861M 4% unchanged
FTNT $806M 3% trimmed
PG $776M 3% unchanged
MTD $724M 3% unchanged
CHD $718M 3% unchanged
OTIS $553M 2% trimmed
NKE $464M 2% trimmed
BF.B $366M 2% trimmed
TXN $319M 1% unchanged
VRSN $129M 1% unchanged
VRSK $115M 0% unchanged
CHH $104M 0% unchanged
MSCI $100M 0% unchanged
CLX $100M 0% unchanged
GGG $96M 0% unchanged
EFX $93M 0% unchanged
SABR $78M 0% unchanged
QLYS $77M 0% unchanged
IEX $76M 0% unchanged
EXPO $75M 0% unchanged
ROL $74M 0% unchanged
ODD $68M 0% unchanged
PAYC $66M 0% unchanged
HD $57M 0% unchanged
MEDP $42M 0% new
DOCS $38M 0% new
ZTS $37M 0% unchanged
MA $34M 0% unchanged
Positions built under SEC confidential treatment appear only after the SEC releases them. Cash, foreign listings and shorts never appear in these filings.