Fundsmith LL.P. 13F annual report
Fundsmith LL.P. is an investment fund managing more than $24.5 trillion ran by Tom Armstrong. There are currently 40 companies in Mr. Armstrong’s portfolio. The largest investments include Microsoft and Meta Platforms Inc, together worth $5.65 trillion.
$24.5 trillion Assets Under Management (AUM)
As of 7th August 2024, Fundsmith LL.P.’s top holding is 7,140,615 shares of Microsoft currently worth over $3.19 trillion and making up 13.0% of the portfolio value.
Relative to the number of outstanding shares of Microsoft, Fundsmith LL.P. owns more than approximately 0.1% of the company.
In addition, the fund holds 4,871,364 shares of Meta Platforms Inc worth $2.46 trillion, whose value grew 11.7% in the past six months.
The third-largest holding is Stryker worth $1.82 trillion and the next is Philip Morris International Inc worth $1.47 trillion, with 14,474,445 shares owned.
Currently, Fundsmith LL.P.'s portfolio is worth at least $24.5 trillion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Fundsmith LL.P.
The Fundsmith LL.P. office and employees reside in London, United Kingdom. According to the last 13-F report filed with the SEC, Tom Armstrong serves as the Director at Fundsmith LL.P..
Recent trades
In the most recent 13F filing, Fundsmith LL.P. revealed that it had increased its stake in
Fortinet Ord and bought 2,110,679 additional shares worth around .
On the other hand, Tom Armstrong disclosed a decreased stake in Microsoft by approximately 0.1%.
This leaves the value of the investment at $3.19 trillion and 7,140,615 shares.
One of the largest hedge funds
The two most similar investment funds to Fundsmith LL.P. are Impax Asset Management PLC and Keybank National Association/oh. They manage $24.5 trillion and $24.4 trillion respectively.
Tom Armstrong investment strategy
Fundsmith LL.P.’s portfolio is diversified across 7 sectors.
Currently, their heaviest sector is Technology — making up 25.4% of
the total portfolio value.
The fund focuses on investments in the United States as
52.5% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
43% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $255 billion.
The complete list of Fundsmith LL.P. trades based on 13F SEC filings
These positions were updated on August 14th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Microsoft Corporation |
6.27%
7,140,615
|
$3,191,497,874,000 | 13.01% |
| Meta Platforms Inc |
1.98%
4,871,364
|
$2,456,239,156,000 | 10.01% |
| Stryker Corp. |
2.24%
5,356,264
|
$1,822,468,826,000 | 7.43% |
| Philip Morris International Inc |
2.35%
14,474,445
|
$1,466,695,512,000 | 5.98% |
| Visa Inc Class A Shares |
2.43%
5,552,520
|
$1,457,369,924,000 | 5.94% |
| Automatic Data Processing Inc. |
3.12%
5,585,761
|
$1,333,265,293,000 | 5.43% |
| Idexx Laboratories, Inc. |
1.90%
2,663,192
|
$1,297,507,142,000 | 5.29% |
| Alphabet Cl A Ord |
1.89%
6,849,259
|
$1,247,592,527,000 | 5.08% |
| Waters Corp. |
2.97%
3,654,450
|
$1,060,229,034,000 | 4.32% |
| Marriott International, Inc. |
2.29%
4,264,511
|
$1,031,030,824,000 | 4.20% |
| Pepsico Inc |
1.45%
5,761,087
|
$950,176,079,000 | 3.87% |
| Mettler Toledo Ord |
3.04%
591,575
|
$826,779,304,000 | 3.37% |
| Procter Gamble Ord |
3.16%
4,647,218
|
$766,419,193,000 | 3.12% |
| Church And Dwight Ord |
3.58%
6,914,366
|
$716,881,467,000 | 2.92% |
| Mccormick Co Non Vtg Shrs |
17.83%
10,048,497
|
$712,840,377,000 | 2.90% |
| Fortinet Ord |
25.82%
10,285,664
|
$619,916,969,000 | 2.53% |
| Otis Worldwide Ord |
2.49%
6,138,278
|
$590,870,640,000 | 2.41% |
| Brown Forman Corp Class B |
2.79%
11,138,751
|
$481,082,656,000 | 1.96% |
| Nike, Inc. |
3.27%
6,299,493
|
$474,792,787,000 | 1.93% |
| Apple Inc |
2.44%
1,558,589
|
$328,270,015,000 | 1.34% |
| Texas Instruments Inc. |
39.01%
1,544,781
|
$300,506,248,000 | 1.22% |
| Verisk Analytics Inc |
3.05%
464,051
|
$125,084,947,000 | 0.51% |
| Equifax, Inc. |
3.05%
458,387
|
$111,140,512,000 | 0.45% |
| Verisign Inc. |
3.05%
624,500
|
$111,036,100,000 | 0.45% |
| Exponent Inc. |
3.05%
1,018,098
|
$96,841,482,000 | 0.39% |
| Graco Ord |
3.05%
1,139,641
|
$90,350,738,000 | 0.37% |
| Cognex Corp. |
3.05%
1,906,276
|
$89,137,466,000 | 0.36% |
| Choice Hotels International Ord |
3.05%
733,892
|
$87,333,148,000 | 0.36% |
| MSCI Inc |
3.05%
166,619
|
$80,268,703,000 | 0.33% |
| Qualys Inc |
3.05%
548,009
|
$78,146,083,000 | 0.32% |
| Rollins Ord |
3.05%
1,597,513
|
$77,942,659,000 | 0.32% |
| Clorox Co. |
3.05%
570,206
|
$77,816,013,000 | 0.32% |
| Idex Ord |
3.05%
362,501
|
$72,935,201,000 | 0.30% |
| Oddity Tech Ltd |
21.69%
1,615,158
|
$63,411,103,000 | 0.26% |
| Sabre Corp |
0.82%
21,499,095
|
$57,402,584,000 | 0.23% |
| Home Depot Ord |
0.26%
146,200
|
$50,327,888,000 | 0.21% |
| Paycom Software Inc |
0.82%
322,611
|
$46,146,277,000 | 0.19% |
| Zoetis Cl A Ord |
0.26%
228,205
|
$39,561,619,000 | 0.16% |
| Mastercard Cl A Ord |
0.26%
64,280
|
$28,357,765,000 | 0.12% |
| Mcdonald S Ord |
0.26%
93,371
|
$23,794,666,000 | 0.10% |
| No transactions found | |||
| Showing first 500 out of 40 holdings | |||
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