Hedge Fund - Fundsmith LLP

Terence Smith Bio, Returns, AUM, Net Worth

Fundsmith LLP, founded in 2010 by Terry Smith, operates as a partnership owned and controlled by its partners, who have cultivated a longstanding collaboration. Headquartered in the UK, with additional affiliates in the USA and Mauritius, the firm is designed to ensure the continuity of its investment philosophy beyond Terry Smith's tenure. All partners maintain a substantial co-investment in the Funds, fostering a strong alignment of interests with stakeholders.

Terence Smith, born in 1953 in London, England, is the founder and chief executive of Fundsmith, a distinguished British fund manager known for his style of growth investing. Formerly the chief executive of Tullett Prebon and Collins Stewart, Smith is recognized for his expertise in buying and holding shares in a select group of established companies. Smith's contributions were acknowledged with the award of Member of the New Zealand Order of Merit in 2012 for his efforts in commemorating Sir Keith Park during the Battle of Britain. In 2016, he was honored with an Honorary Fellowship from Cardiff University. The Sunday Times Rich List estimates his wealth at £300 million.

Fundsmith LLP operates as a hedge fund serving 10 clients with discretionary assets under management totaling $35,522,818,242, based on their Form ADV filed on December 2023. Their Q1 2024 13F filing revealed management of $25,550,406,404 in 13F securities, reflecting a significant concentration of 66.07% in their top 10 holdings. Notably, Fundsmith LLP's largest position is in Microsoft Corp., where they hold 7,617,903 shares.

Terence Smith
Fund Profile
Filing Period:
Fund Name: Fundsmith LLP
Manager Terence Smith
Portfolio Value $25,550,406,404
Change This QTR +1.07%
Filing Period:
Last update:
No. Security Ticker Shares Value Activity % Port History
1. MSFT 7,617,903 $3,205,004,150 -5% 12.54%
2. META 4,969,549 $2,413,113,603 -1% 9.44%
3. SYK 5,479,066 $1,960,793,349 -1% 7.67%
4. V 5,690,596 $1,588,131,532 -1% 6.21%
5. IDXX 2,714,762 $1,465,781,447 -1% 5.73%
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