13F filing recap · Q4 2014
What did Fundsmith buy in Q4 2014?
Reported stock-position changes between this filing and the previous one.
Stock value
$2.80B
Positions
16
Estimated turnover
10.2%
Turnover is a proxy: verified trade-origin share changes valued at period-end and divided by average reported stock value. SEC holdings reports do not disclose execution dates or prices. Corporate actions and unreconciled activity are excluded.
Increased positions
MCDMcdonald’s Corporation$284.11Mreported value+627.5K shares+11.4%DPSDr Pepper Snapple Group, Inc.$251.93Mreported value+139.5K shares+4.1%SYKStryker Corp$244.40Mreported value+51.8K shares+2.0%BDXBecton Dickinson & Co$238.66Mreported value+189.1K shares+12.4%PMPhilip Morris International Inc.$202.71Mreported value+545.8K shares+28.1%PEPPepsico, Inc.$186.08Mreported value+81.3K shares+4.3%EBAYEbay Inc.$172.51Mreported value+1.14M shares+58.6%JNJJohnson & Johnson$170.45Mreported value+195.7K shares+13.6%SIALSigma-Aldrich Corp$155.91Mreported value+136.4K shares+17.0%MMM3m Company$142.38Mreported value+19.8K shares+2.3%PGProcter & Gamble Co$139.45Mreported value+108.2K shares+7.5%ADPAutomatic Data Processing Inc$137.54Mreported value+57.5K shares+3.6%