Smart Money Radar / Whales / Terry Smith
T

Terry Smith

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

Buy quality

Reported value
$20B
35 positions shown
Copycat since 2016
3.00x
11% per year
vs SPY
behind
SPY 3.57x same window
Top position
SYK
9% 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 · Sep 2025
SYK 9% IDXX 8% GOOGL 8% MSFT 7% V 7% ADP 6% WAT 6% PM 6% META 6% MAR 6% FTNT 4% PG 4% CHD 3%
+20 more 16%
SymbolValue% of bookvs prior quarter
SYK $1.7B 9% unchanged
IDXX $1.7B 8% unchanged
GOOGL $1.5B 8% trimmed
MSFT $1.3B 7% trimmed
V $1.3B 7% unchanged
ADP $1.3B 6% unchanged
WAT $1.2B 6% added
PM $1.2B 6% trimmed
META $1.1B 6% trimmed
MAR $1.1B 6% unchanged
MTD $725M 4% unchanged
FTNT $708M 4% unchanged
PG $703M 4% unchanged
CHD $595M 3% unchanged
OTIS $532M 3% unchanged
ZTS $529M 3% added
TXN $500M 3% unchanged
NKE $427M 2% unchanged
INTU $413M 2% added
QLYS $115M 1% added
PAYC $109M 1% added
DOCS $99M 1% unchanged
MSCI $95M 0% unchanged
VRT $89M 0% trimmed
ODD $88M 0% unchanged
ROL $87M 0% unchanged
GGG $77M 0% unchanged
NSSC $76M 0% added
VRSN $76M 0% unchanged
CLX $76M 0% unchanged
CPRX $66M 0% added
MEDP $66M 0% unchanged
MANH $59M 0% unchanged
SABR $39M 0% unchanged
HD $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.