FUNDSMITH INVESTMENT SERVICES LTD.
CIK 0001868537
Annualised vol
11.073799%
Beta
0.520599
HHI
470.847439
Top-10 weight
55.237468%
VaR 95%
1.032292%
VaR 99%
1.961269%
Max drawdown
19.622319%
Matched value
58.948485%
Returns of reported holdings
Loading returns…
Position changes vs prior quarter
What the latest 13F shows bought and sold against the quarter before, by share count.
| Ticker | Change | Shares now | Shares before | Share change % | Value now ($) |
|---|---|---|---|---|---|
| SYK | REDUCED | 1,050,585 | 1,185,850 | -11.41% | 330,766,181 |
| V | REDUCED | 680,492 | 1,025,445 | -33.64% | 233,470,000 |
| UBER | NEW | 2,955,961 | - | - | 213,302,146 |
| MA | NEW | 392,933 | - | - | 201,810,389 |
| GOOGL | REDUCED | 558,963 | 1,134,379 | -50.73% | 199,756,607 |
| META | REDUCED | 340,730 | 469,040 | -27.36% | 191,929,802 |
| MSFT | REDUCED | 505,361 | 664,002 | -23.89% | 188,509,760 |
| FTNT | REDUCED | 1,126,234 | 1,659,789 | -32.15% | 173,012,067 |
| PM | REDUCED | 944,396 | 1,677,719 | -43.71% | 170,850,680 |
| PG | REDUCED | 1,085,919 | 1,760,681 | -38.32% | 159,239,162 |
| NFLX | NEW | 2,186,945 | - | - | 156,147,873 |
| GEV | NEW | 128,646 | - | - | 151,141,040 |
| APP | NEW | 233,921 | - | - | 120,523,117 |
| NXT | NEW | 903,523 | - | - | 107,645,730 |
| BMI | ADDED | 251,196 | 132,631 | 89.39% | 37,272,462 |
| YUM | NEW | 178,009 | - | - | 28,456,519 |
| ZTS | CLOSED OUT | 0 | 1,120,147 | -100.0% | 0 |
| OTIS | CLOSED OUT | 0 | 966,787 | -100.0% | 0 |
| MTD | CLOSED OUT | 0 | 222,759 | -100.0% | 0 |
| HD | CLOSED OUT | 0 | 4,585 | -100.0% | 0 |
| AAPL | CLOSED OUT | 0 | 2,183 | -100.0% | 0 |
| AMZN | CLOSED OUT | 0 | 1,989 | -100.0% | 0 |
Holdings (latest quarter)
| Ticker | Change | Issuer | Class | CUSIP | Value ($) | Weight % | Shares |
|---|---|---|---|---|---|---|---|
| - | MARRIOTT INTL INC NEW | CL A | 571903202 | 334,243,645 | 7.4 | 901923.0 | |
| SYK | REDUCED | STRYKER CORPORATION | COM | 863667101 | 330,766,181 | 7.32 | 1050585.0 |
| - | WATERS CORP | COM | 941848103 | 314,195,011 | 6.95 | 837764.0 | |
| - | CHURCH & DWIGHT CO INC | COM | 171340102 | 245,808,102 | 5.44 | 2537243.0 | |
| V | REDUCED | VISA INC | COM CL A | 92826C839 | 233,470,000 | 5.17 | 680492.0 |
| - | TEXAS INSTRS INC | COM | 882508104 | 226,275,071 | 5.01 | 759134.0 | |
| UBER | NEW | UBER TECHNOLOGIES INC | COM | 90353T100 | 213,302,146 | 4.72 | 2955961.0 |
| MA | NEW | MASTERCARD INCORPORATED | CL A | 57636Q104 | 201,810,389 | 4.47 | 392933.0 |
| GOOGL | REDUCED | ALPHABET INC | CAP STK CL A | 02079K305 | 199,756,607 | 4.42 | 558963.0 |
| - | TAIWAN SEMICONDUCTOR MANUFAC | SPONSORED ADS | 874039100 | 196,508,593 | 4.35 | 411476.0 | |
| META | REDUCED | META PLATFORMS INC | CL A | 30303M102 | 191,929,802 | 4.25 | 340730.0 |
| MSFT | REDUCED | MICROSOFT CORP | COM | 594918104 | 188,509,760 | 4.17 | 505361.0 |
| - | AUTOMATIC DATA PROCESSING IN | COM | 053015103 | 184,459,553 | 4.08 | 823664.0 | |
| FTNT | REDUCED | FORTINET INC | COM | 34959E109 | 173,012,067 | 3.83 | 1126234.0 |
| - | IDEXX LABS INC | COM | 45168D104 | 172,176,414 | 3.81 | 327058.0 | |
| PM | REDUCED | PHILIP MORRIS INTL INC | COM | 718172109 | 170,850,680 | 3.78 | 944396.0 |
| PG | REDUCED | PROCTER & GAMBLE CO | COM | 742718109 | 159,239,162 | 3.52 | 1085919.0 |
| NFLX | NEW | NETFLIX INC. | COM | 64110L106 | 156,147,873 | 3.46 | 2186945.0 |
| GEV | NEW | GE VERNOVA INC | COM | 36828A101 | 151,141,040 | 3.34 | 128646.0 |
| APP | NEW | APPLOVIN CORP | COM CL A | 03831W108 | 120,523,117 | 2.67 | 233921.0 |
| - | TJX COS INC NEW | COM | 872540109 | 109,314,825 | 2.42 | 721550.0 | |
| NXT | NEW | NEXTPOWER INC | CLASS A COM | 65290E101 | 107,645,730 | 2.38 | 903523.0 |
| - | VEEVA SYS INC | CL A COM | 922475108 | 45,977,153 | 1.02 | 259070.0 | |
| BMI | ADDED | BADGER METER INC | COM | 056525108 | 37,272,462 | 0.82 | 251196.0 |
| YUM | NEW | YUM BRANDS INC | COM | 988498101 | 28,456,519 | 0.63 | 178009.0 |
| - | WASTE MGMT INC DEL | COM | 94106L109 | 25,627,634 | 0.57 | 114984.0 | |
| - | OREILLY AUTOMOTIVE INC | COM | 67103H107 | 498,207 | 0.01 | 5410.0 |
Quarterly portfolios
| Period | Filed | Value ($) | Positions | Vol % | Beta | Max DD % |
|---|---|---|---|---|---|---|
| 2026-06-30 | 2026-08-14 | 4,518,917,743 | 27 | 11.073799 | 0.520599 | 19.622319 |
| 2026-03-31 | 2026-05-15 | 4,405,319,613 | 24 | 11.655246 | 0.546363 | 20.560801 |
| 2025-12-31 | 2026-02-17 | 5,466,028,851 | 26 | 11.808665 | 0.556057 | 21.61048 |
| 2025-09-30 | 2025-11-14 | 6,416,583,977 | 23 | 12.665719 | 0.599006 | 24.023327 |
| 2025-03-31 | 2025-05-15 | 7,086,192,124 | 27 | 12.821806 | 0.6024 | 24.237595 |
| 2024-12-31 | 2025-02-14 | 7,688,519,723 | 31 | 13.268788 | 0.627208 | 24.988592 |