13F filing recap · Q2 2020

What did Fundsmith buy in Q2 2020?

Reported stock-position changes between this filing and the previous one.

Stock value

$22.92B

Positions

Estimated turnover

10.9%

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.

New positions

QLYSQualys, Inc.$64.89Mreported value+623.8K shares

Increased positions

METAMeta Platforms, Inc.$1.46Breported value+9.6K shares+0.1%INTUIntuit Inc.$1.36Breported value+132.6K shares+3.0%PMPhilip Morris International Inc.$1.36Breported value+2.35M shares+13.8%MKCMccormick & Company, Incorporated$1.35Breported value+419.4K shares

Reduced positions

MSFTMicrosoft Corporation$2.43Breported value-18.1K shares-0.2%PYPLPayPal Holdings, Inc.$2.16Breported value-18.3K shares-0.1%IDXXIdexx Laboratories Inc /de$1.40Breported value-4.5K shares-0.1%WATWaters Corporation$702.44Mreported value-861.2K shares

Exited positions

CLXClorox Co /de/$275.82Mprior reported value-1.59M shares-100.0%