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Investor profile
Terry Smith
Fundsmith · Founder & CEO · Net worth: ~$500M
Founded Fundsmith in 2010 after a career as a top-rated banking analyst. His three-rule philosophy has made Fundsmith Equity Fund one of the most popular funds in the UK, compounding at ~14% annually.
"Buy good companies. Don't overpay. Do nothing."
Tracked positions
6
Top concentration
47%
Longest holding
Microsoft (since 2011)
Realized 10-year track record
Fundsmith Equity Fund T-Acc (public UK fund)
10y CAGR
13.5%
net of fees
Alpha vs S&P
+0.4%
vs 13.1% benchmark
Win rate
50%
years beating S&P
Quality score
5.8
computed 0–10
Best year
+28%
Worst year
-14%
Cumulative 10y
3.6×
Volatility
12%
Recent moves
Manager quality score: 9/10
Every tracked 13F move — buys, adds, trims, and exits — over the last two quarters.
Q4 2025
1 buy · 1 sell
| Ticker | Activity | % portfolio |
|---|---|---|
| MSFT | Add 5% Quality compounder top-up. | 11.20% |
| META | Reduce 8% Small META trim. | 6.50% |
Q3 2025
1 buy · 0 sells
| Ticker | Activity | % portfolio |
|---|---|---|
| MSFT | Add 8% Fundsmith MSFT add. | 11.00% |
Q4 2024
2 buys · 0 sells
| Ticker | Activity | % portfolio |
|---|---|---|
| MSFT | Add 7% Microsoft top-up. | 11.00% |
| MA | Add 5% Mastercard add. | 9.60% |
Q3 2024
1 buy · 0 sells
| Ticker | Activity | % portfolio |
|---|---|---|
| MSFT | Add 6% Microsoft top-up. | 10.50% |
Q2 2024
1 buy · 0 sells
| Ticker | Activity | % portfolio |
|---|---|---|
| NOVO | Add 6% Novo Nordisk add. | 9.00% |
Q1 2024
1 buy · 0 sells
| Ticker | Activity | % portfolio |
|---|---|---|
| MSFT | Add 5% Microsoft add. | 10.00% |
Top holdings
Want Terry move-alerts?
One email per 13F filing. Summarizes every new position, exit, and trim.
Similar investors
Tracked managers whose top positions overlap with Terry's portfolio.
Data sourced from Fundsmith 13F filings with the SEC. Approximate snapshot. Not investment advice.