Fundsmith Expands Portfolio to $13.65B with Tech and Growth Focus

Fundsmith's 13F portfolio has grown to approximately $13.65 billion in Q2 2026, up from 34 holdings to 41.

The largest positions are now in MAR, SYK, WAT, V, and UBER, which comprise around 30% of the total assets.

New stakes include Uber at 4.73%, Mastercard at 4.69%, Taiwan Semi at 4%, Netflix at 3.66%, and GE Vernova at 3.53%, reflecting a bias towards large-cap growth and tech.

The fund manager has significantly reduced holdings in Mettler-Toledo, Zoetis, and Otis Worldwide, while trimming top positions like Marriott, Stryker, Waters, Visa, Alphabet, and Meta.