Fund · Terry Smith
Fundsmith
Buy good companies, don't overpay, do nothing.
Copying every 13F the day after it was filed returned 14.1% a year, against 14.1% for SPY over the same 13.4 years and 54 quarters, since May 2013. Clone score 51 of 100: Coin flip.
| Manager | Terry Smith |
| Clone score | 51 / 100 |
| Verdict | Coin flip |
| Copy, a year | 14.1% |
| SPY, a year | 14.1% |
| Edge, a year | +0.1% |
| Latest quarter | Q2 2026 |
| Filed | 14 Aug 2026 |
| 13F value | $13.6B |
| Positions | 41 |
Largest holdings
| Ticker | Name | Weight | Value | Change |
|---|---|---|---|---|
| MAR | MARRIOTT INTL INC NEW | 7.0% | $958M | TRIM |
| SYK | STRYKER CORPORATION | 6.7% | $917M | TRIM |
| WAT | WATERS CORP | 6.2% | $853M | TRIM |
| V | VISA INC | 5.1% | $693M | TRIM |
| UBER | UBER TECHNOLOGIES INC | 4.7% | $645M | NEW |
| MA | MASTERCARD INCORPORATED | 4.7% | $639M | NEW |
| GOOGL | ALPHABET INC | 4.6% | $634M | TRIM |
| CHD | CHURCH & DWIGHT CO INC | 4.6% | $626M | TRIM |
| PG | PROCTER & GAMBLE CO | 4.4% | $598M | TRIM |
| MSFT | MICROSOFT CORP | 4.4% | $596M | TRIM |
| META | META PLATFORMS INC | 4.3% | $593M | TRIM |
| ADP | AUTOMATIC DATA PROCESSING IN | 4.3% | $583M | TRIM |
| FTNT | FORTINET INC | 4.1% | $558M | TRIM |
| TSM | TAIWAN SEMICONDUCTOR MANUFAC | 4.0% | $548M | NEW |
| IDXX | IDEXX LABS INC | 3.9% | $537M | TRIM |