Smart Money Radar / Whales / Terry Smith
T

Terry Smith

Fundsmith LLP · Holdings as of Jun 30, 2025, filed by Aug 15, 2025 · US long stock positions only

Buy quality

Reported value
$23B
39 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 · Jun 2025
META 11% MSFT 11% SYK 8% PM 7% IDXX 6% V 6% ADP 6% WAT 5% GOOGL 5% MAR 5% FTNT 4% PG 3% CHD 3%
+24 more 14%
SymbolValue% of bookvs prior quarter
META $2.6B 11% trimmed
MSFT $2.5B 11% trimmed
SYK $1.9B 8% trimmed
PM $1.7B 7% trimmed
IDXX $1.4B 6% unchanged
V $1.4B 6% trimmed
ADP $1.3B 6% trimmed
WAT $1.3B 5% unchanged
GOOGL $1.2B 5% unchanged
MAR $1.2B 5% unchanged
FTNT $890M 4% unchanged
PG $728M 3% unchanged
MTD $693M 3% unchanged
CHD $656M 3% unchanged
OTIS $576M 3% unchanged
TXN $565M 2% unchanged
ZTS $450M 2% added
NKE $435M 2% unchanged
INTU $290M 1% added
ODD $107M 0% trimmed
QLYS $103M 0% unchanged
MSCI $96M 0% unchanged
PAYC $96M 0% unchanged
CHH $93M 0% unchanged
VRT $93M 0% new
ROL $83M 0% trimmed
DOCS $83M 0% added
VRSN $78M 0% trimmed
GGG $77M 0% trimmed
CLX $74M 0% unchanged
SABR $68M 0% unchanged
CPRX $59M 0% added
MANH $57M 0% new
EXPO $56M 0% trimmed
VRSK $55M 0% trimmed
MEDP $40M 0% unchanged
HD $31M 0% trimmed
NSSC $28M 0% new
MA $16M 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.