FUNDSMITH INVESTMENT SERVICES LTD.

Q1 2025 13F-HR Holdings

Location
Grande Riviere Noire, O4
Holdings as of
3/31/2025
Date filed
5/15/2025
Form type
13F-HR
Num holdings
27
Total value ($000)
$7,086,192
Net value change ($000)
-602,328 (-7.8%)
New positions
2
Sold out positions
6
Turnover %
5.7%
Sector allocation + QoQ delta (equities-only)
Prev filing: 2/14/2025 Next filing: 8/14/2025 SEC filing

Snapshot: Change Analysis

Compared to Q4 2024
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
PM 111,766 25.7%
ZTS 104,400 726.1%
TXN 73,814 78.1%
INTU 29,037 NEW
CHD 14,457 4.7%
OTIS 14,436 8.8%
CPNG 13,916 NEW
WM 6,591 67.8%
V 5,890 1.2%
FTNT 4,123 1.7%
Top Reduces (Value $000, Stocks/ETFs)
PEP -281,069 -100.0%
MSFT -211,022 -24.1%
META -148,133 -16.8%
GOOGL -70,203 -18.5%
MAR -62,209 -14.8%
TSM -29,621 -100.0%
ADP -29,574 -5.9%
NKE -28,074 -16.1%
MEDP -21,309 -100.0%
SYK -19,598 -2.9%
Instrument mix + QoQ Δ (ex-options)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
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Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type