Smart Money Radar / Whales / Terry Smith
T

Terry Smith

Fundsmith LLP · Holdings as of Mar 31, 2025, filed by May 16, 2025 · US long stock positions only

Buy quality

Reported value
$22B
38 positions shown
Copycat since 2016
3.00x
11% per year
vs SPY
behind
SPY 3.57x same window
Top position
META
10% 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 · Mar 2025
META 10% MSFT 9% SYK 9% PM 8% V 7% ADP 6% WAT 6% IDXX 5% GOOGL 5% MAR 5% PG 4% CHD 3% MTD 3%
+23 more 14%
SymbolValue% of bookvs prior quarter
META $2.2B 10% trimmed
MSFT $2.0B 9% trimmed
SYK $1.9B 9% trimmed
PM $1.7B 8% trimmed
V $1.4B 7% trimmed
ADP $1.4B 6% trimmed
WAT $1.3B 6% unchanged
IDXX $1.1B 5% unchanged
GOOGL $1.1B 5% unchanged
MAR $1.0B 5% unchanged
FTNT $820M 4% unchanged
PG $787M 4% unchanged
CHD $754M 3% unchanged
MTD $698M 3% unchanged
OTIS $605M 3% unchanged
TXN $490M 2% added
ZTS $419M 2% added
NKE $389M 2% unchanged
BF.B $327M 1% unchanged
VRSN $145M 1% trimmed
INTU $112M 1% new
VRSK $98M 0% trimmed
CHH $97M 0% unchanged
GGG $95M 0% unchanged
MSCI $94M 0% unchanged
QLYS $90M 0% added
PAYC $90M 0% added
CLX $90M 0% unchanged
ROL $86M 0% unchanged
ODD $70M 0% unchanged
DOCS $69M 0% added
EXPO $68M 0% unchanged
SABR $60M 0% unchanged
EFX $57M 0% trimmed
CPRX $52M 0% new
HD $42M 0% trimmed
MEDP $39M 0% unchanged
MA $27M 0% trimmed
Positions built under SEC confidential treatment appear only after the SEC releases them. Cash, foreign listings and shorts never appear in these filings.