FUNDSMITH INVESTMENT SERVICES LTD.

BEAUX SONGES, O4 · CIK 1868537 · 13F filing filed 2026-08-14

SEC-registered investment adviser since 2023 · corporation

Assets managed$24.6bn
Staff12 · 2 in investment roles
Main clients (by assets)Private funds 100%
Private funds1 (1 hedge) · $8.8m gross assets
Form ADV · 2026-06-29SEC adviser record

Legal entityFUNDSMITH INVESTMENT SERVICES LIMITED (MU)

Kindhedge funds, futures

As an employer

Offices in1 country
Private fundshedge 1

$4.5bn reported value +2.6% vs Q1 2026

27positions

55.2%in top 10

9 new 4 added 14 reduced 6 sold out vs Q1 2026

Holdings, Q2 2026

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	MARRIOTT INTL INC NEW CL A MAR	MAR	901,923	$334.2m7.40%	7.40%	Reduced -297.2k	-297,202 -24.8%
2	STRYKER CORPORATION COM SYK	SYK	1,050,585	$330.8m7.32%	7.32%	Reduced -135.3k	-135,265 -11.4%
3	WATERS CORP COM WAT	WAT	837,764	$314.2m6.95%	6.95%	Reduced -259.1k	-259,091 -23.6%
4	CHURCH & DWIGHT CO INC COM CHD	CHD	2,537,243	$245.8m5.44%	5.44%	Reduced -59.9k	-59,916 -2.3%
5	VISA INC COM CL A V	V	680,492	$233.5m5.17%	5.17%	Reduced -345.0k	-344,953 -33.6%
6	TEXAS INSTRS INC COM TXN	TXN	759,134	$226.3m5.01%	5.01%	Reduced -107.9k	-107,863 -12.4%
7	UBER TECHNOLOGIES INC COM UBER	UBER	2,955,961	$213.3m4.72%	4.72%	New
8	MASTERCARD INCORPORATED CL A MA	MA	392,933	$201.8m4.47%	4.47%	New
9	ALPHABET INC CAP STK CL A GOOGL	GOOGL	558,963	$199.8m4.42%	4.42%	Reduced -575.4k	-575,416 -50.7%
10	TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS TSM	TSM	411,476	$196.5m4.35%	4.35%	Added +408.6k	+408,623 14322.6%
11	META PLATFORMS INC CL A META	META	340,730	$191.9m4.25%	4.25%	Reduced -128.3k	-128,310 -27.4%
12	MICROSOFT CORP COM MSFT	MSFT	505,361	$188.5m4.17%	4.17%	Reduced -158.6k	-158,641 -23.9%
13	AUTOMATIC DATA PROCESSING IN COM ADP	ADP	823,664	$184.5m4.08%	4.08%	Reduced -503.6k	-503,645 -37.9%
14	FORTINET INC COM FTNT	FTNT	1,126,234	$173.0m3.83%	3.83%	Reduced -533.6k	-533,555 -32.1%
15	IDEXX LABS INC COM IDXX	IDXX	327,058	$172.2m3.81%	3.81%	Reduced -154.5k	-154,528 -32.1%
16	PHILIP MORRIS INTL INC COM PM	PM	944,396	$170.9m3.78%	3.78%	Reduced -733.3k	-733,323 -43.7%
17	PROCTER AND GAMBLE CO COM PG	PG	1,085,919	$159.2m3.52%	3.52%	Reduced -674.8k	-674,762 -38.3%
18	NETFLIX INC COM NFLX	NFLX	2,186,945	$156.1m3.46%	3.46%	New
19	GE VERNOVA INC COM GEV	GEV	128,646	$151.1m3.34%	3.34%	New
20	APPLOVIN CORP COM CL A APP	APP	233,921	$120.5m2.67%	2.67%	New
21	TJX COS INC NEW COM TJX	TJX	721,550	$109.3m2.42%	2.42%	Added +718.3k	+718,337 22357.2%
22	NEXTRACKER INC CLASS A COM NXT	NXT	903,523	$107.6m2.38%	2.38%	New
23	VEEVA SYS INC CL A COM VEEV	VEEV	259,070	$46.0m1.02%	1.02%	New
24	BADGER METER INC COM BMI	BMI	251,196	$37.3m0.82%	0.82%	Added +118.6k	+118,565 89.4%
25	YUM BRANDS INC COM YUM	YUM	178,009	$28.5m0.63%	0.63%	New
26	WASTE MGMT INC DEL COM WM	WM	114,984	$25.6m0.57%	0.57%	Added +44.5k	+44,509 63.2%
27	OREILLY AUTOMOTIVE INC COM ORLY	ORLY	5,410	$498.2k0.01%	0.01%	New

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
METTLER TOLEDO INTERNATIONAL MTD	MTD	222,759	$280.9m222.8k shares
ZOETIS INC ZTS	ZTS	1,120,147	$132.4m1.1m shares
OTIS WORLDWIDE CORP OTIS	OTIS	966,787	$74.5m966.8k shares
HOME DEPOT INC HD	HD	4,585	$1.5m4.6k shares
APPLE INC AAPL	AAPL	2,183	$554.0k2.2k shares
AMAZON COM INC AMZN	AMZN	1,989	$414.2k2.0k shares