FUNDSMITH INVESTMENT SERVICES LTD.

Q4 2025 13F-HR Holdings

Location
Grande Riviere Noire, O4
Holdings as of
12/31/2025
Date filed
2/17/2026
Form type
13F-HR
Num holdings
26
Total value ($000)
$5,466,029
Net value change ($000)
-950,555 (-14.8%)
New positions
5
Sold out positions
2
Turnover %
1.1%
Sector allocation + QoQ delta (equities-only)
Prev filing: 11/14/2025 Next filing: — SEC filing

Snapshot: Change Analysis

Compared to Q3 2025
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)
WAT 28,736 7.1%
MAR 27,804 7.3%
BMI 23,132 NEW
MTD 22,688 7.3%
TSM 184 NEW
TJX 177 NEW
AMZN 165 NEW
AAPL 164 NEW
Top Reduces (Value $000, Stocks/ETFs)
MSFT -197,544 -37.9%
META -173,979 -33.5%
SYK -114,872 -20.0%
ADP -79,812 -18.8%
GOOGL -79,664 -16.8%
IDXX -65,082 -14.8%
V -48,009 -11.3%
FTNT -47,294 -24.7%
OTIS -41,000 -27.3%
PG -35,563 -12.3%
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.
Filter:
Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type