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Institutional Investment Manager
Fundsmith LLP
Fundsmith LLP (CIK: 0001569205), located at 33 Cavendish Square, London, X0. Institutional holdings reported to the SEC.

Institutional Holdings (2016Q4)
Portfolio Summary: 18 holdings with a total value of $7,594,259,000.
#
Name
Shares
Value ($)
%
Options
Notes
1 MICROSOFT CORP 10,202,283 641,622,000 8.45%
2 STRYKER CORP 4,949,396 596,600,000 7.86%
3 BARD C R INC 2,500,869 560,445,000 7.38%
4 IDEXX LAB 4,476,866 528,629,000 6.96%
5 PEPSICO INC 4,991,525 524,060,000 6.90%
6 PAYPAL HLDGS INC 12,595,293 503,308,000 6.63%
7 DR PEPPER SNAPPLE GROUP INC 5,304,854 482,529,000 6.35%
8 JOHNSON & JOHNSON 4,103,392 473,901,000 6.24%
9 PHILIP MORRIS INTL INC 5,153,071 472,692,000 6.22%
10 SMUCKER J M CO 3,622,364 467,828,000 6.16%
11 WATERS CORP 3,083,357 414,711,000 5.46%
12 AUTOMATIC DATA PROCESSING IN 3,878,243 401,243,000 5.28%
13 VISA INC 4,952,292 387,963,000 5.11%
14 BECTON DICKINSON & CO 2,224,922 369,671,000 4.87%
15 3M CO 1,960,542 349,780,000 4.61%
16 LAUDER ESTEE COS INC 3,590,783 277,460,000 3.65%
17 COLGATE PALMOLIVE CO 1,925,410 126,846,000 1.67%
18 MARRIOTT INTL 176,436 14,971,000 0.20%

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001387131-17-000731, filed 2017.02.13).

From 2023-01-03 onward, the SEC requires values to be reported in nearest dollars. Earlier filings reported values in thousands; therefore, positions shown as $0 in older filings may represent actual values between $0–$999.