Fundsmith LLP’s founder and CEO is Terry Smith. For his investing strategy, he is often referred to as “the English Warren Buffett.” After graduating from Cardiff’s University College, Smith studied at Henley Management College and developed an interest in stock analysis. The technology, healthcare, and consumer goods industries are all represented in Fundsmith’s portfolio. PayPal Holdings, Microsoft Corporation, and Facebook, Inc. were among the top stocks in Fundsmith’s portfolio at the end of the second quarter of 2021.
Here is Insider Monkey’s list of the top 10 stock picks of Terry Smith’s Fundsmith LLP. Visa Inc. is a payments technology company that helps consumers, businesses, banks, and governments access digital currencies. The company has a market valuation of $505.7 billion and is number ten on Terry Smith’s Fundsmith LLP’s top ten stock selections list. Terry Smith’s Fundsmith LLP ranks McCormick & Company, Incorporated ninth among its top ten investment selections. Spices, seasoning mixes, and condiments are manufactured and distributed to various food makers and foodservice operators. With a market cap of $98.5 billion, the Michigan-based firm ranks eighth on the list of Terry Smith’s Fundsmith LLP’s top 10 stock recommendations. As of June 30, 48 hedge funds in Insider Monkey’s database had positions in Stryker Corporation worth $3.4 billion. Stryker Corporation is owned by Fundsmith LLP, which owns 19 million shares worth $1.9 billion, or 5.31 percent of Smith’s 13F portfolio. In the second quarter of 2021, the hedge fund reduced its holdings in the company by 1% compared to the first quarter. Estée Lauder Companies Inc. is ranked sixth on Terry Smith’s Fundsmith LLP’s top ten stock selections list. Based in New York City’s Midtown Manhattan, the company manufactures and sells skincare, cosmetics, fragrances, and hair products. For more details, click Top 10 Stock Picks Of Terry Smith’s Fundsmith LLP.
