Skip to main content
market.news — Markets without borders

United Kingdom · Q1 2026 Filing · 📋 FCA NMPI Filings

Fundsmith Equity Fund

Terry Smith · Founder & CIO

$28B AUMgrowth🇬🇧 United Kingdom

Terry Smith's Fundsmith Equity Fund is one of the UK's most successful retail equity funds, focused on global high-quality compounders. Smith's philosophy: buy good companies, don't overpay, do nothing.

Investing philosophy: Buy good companies. Don't overpay. Do nothing.

Top 10 holdings

Source filing →
1
MSFT
Microsoft Corporation
4.5M
$2B
6.8%
HELD
2
META
Meta Platforms Inc.
3.5M
$2B
6.5%
HELD
3
NVO
NVO
13.0M
$1B
5.2%
HELD
4
PG
Procter & Gamble Co.
7.5M
$1B
4.5%
HELD
5
NVDA
NVIDIA Corporation
9.5M
$1B
4.2%
INCREASED +12%
6
WAT
WAT
3.7M
$1B
4.0%
HELD
7
SAP.DE
SAP SE
5.5M
$1B
3.9%
HELD
8
IDXX
IDXX
2.4M
$980.0M
3.5%
HELD
9
STZ
STZ
4.5M
$930.0M
3.3%
HELD
10
MCO
MCO
2.0M
$900.0M
3.2%
HELD

📌 Notable moves this quarter

Other tracked funds

Holdings sourced from FCA NMPI Filings. Fundsmith Equity Fund files quarterly portfolio disclosures with the relevant regulator; figures shown are approximate as of Q1 2026. View original filing →