Top 5 Stock Picks of Terry Smith’s Fundsmith LLP

In this article, we discuss the top 5 stock picks of Terry Smith’s Fundsmith LLP. If you want to skip our detailed analysis of Smith’s history, investment philosophy, and hedge fund performance, go directly to Top 10 Stock Picks of Terry Smith’s Fundsmith LLP.

5. Facebook, Inc. (NASDAQ:FB)

Fundsmith LLP Stake Value: $2.24 billion

Percentage of Fundsmith LLP’s 13F Portfolio: 6.2%

No. of Hedge Fund Holders: 266

Facebook, Inc. (NASDAQ:FB), headquartered in Menlo Park, California, is a social networking firm. It allows people to interact and share via mobile devices and personal computers. Facebook, Instagram, Messenger, WhatsApp, and Facebook Reality Labs are the company’s key products. The company is fifth on our list of top 10 stock picks of Terry Smith’s Fundsmith LLP.

Out of the hedge funds being tracked by Insider Monkey, Crake Asset Management is one of the biggest stakeholders in Facebook, Inc. (NASDAQ:FB) with 485,052 shares worth $168.7 billion.

First Eagle Investment Management, an investment management firm, published its Q2 2021 investor letter and mentioned Facebook, Inc. (NASDAQ:FB). Here is what First Eagle Investment Management has to say about the company:

“Leading contributors in the First Eagle Global Fund this quarter included Facebook, Inc. Class A. Facebook has continued to post impressive results for both revenue and active users of its traditional platforms. In the meantime, the social media giant continues to make progress on new initiatives—like Facebook Horizon (virtual reality) and Facebook Shops (e-commerce)—and maintains attractive monetization optionality around services like Messenger and WhatsApp.”