13F filing recap · Q2 2026
What did Fundsmith buy in Q2 2026?
Reported stock-position changes between this filing and the previous one.
Stock value
$13.65B
Positions
41
Estimated turnover
68.5%
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.
Quarter in review
Fundsmith opened new positions in Uber Technologies, Mastercard, Taiwan Semiconductor Manufacturing, Netflix, GE Vernova, Applovin, TJX Companies, Nextpower, Veeva Systems, Yum! Brands, Fair Isaac, Interdigital, and O’Reilly Automotive. It exited Catalyst Pharmaceuticals, Home Depot, Mettler-Toledo International, Otis Worldwide, Qualys, and Zoetis. Among existing holdings, it substantially trimmed Alphabet, Fortinet, Philip Morris International, Vertiv Holdings, VeriSign, and Paycom Software, while adding substantially to Manhattan Associates and Napco Security Technologies.