Instuitional Investor - Fundsmith Investment Services Ltd.

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Marriott International Inc	MAR	1,199,125	$392,197,814	8.9%
2.	Stryker Corp	SYK	1,185,850	$389,658,452	8.85%
3.	Waters Corp	WAT	1,096,855	$326,643,419	7.41%
4.	Alphabet Inc.	GOOGL	1,134,379	$326,202,025	7.4%
5.	Visa Inc.	V	1,025,445	$309,930,497	7.04%