Investor: Terry Smith
Number of Assets: 38
Reporting Period: Q1 - 2025
Holdings at Report: $126,739,837,937
Return Since Report: -$103,207,585,540
Return Since Report: -81.43%
Company | Position | Activity | Shares | Port. % | Rep. Price | Curr. Price | Rep. Value | Curr. Value | Return Value | Return % |
|---|---|---|---|---|---|---|---|---|---|---|
| Alphabet Inc. (GOOGL) | Equity | -0.07% | 6,843,213 | 83.50% | $15,464.00 | $368.03 | $105,823,445,800 | $2,518,507,680 | -$103,304,938,120 | -97.62% |
| Automatic Data Processing Inc. (ADP) | Equity | -9.97% | 4,513,899 | 1.09% | $305.53 | $218.41 | $1,379,131,561 | $985,880,681 | -$393,250,880 | -28.51% |
| Brown-Forman Corp. (BF-B) | Equity | 0% | 9,637,881 | 0.26% | $33.94 | $26.64 | $327,109,681 | $256,753,150 | -$70,356,531 | -21.51% |
| Catalyst Pharmaceuticals Inc. (CPRX) | Equity | +100% | 2,151,274 | 0.04% | $24.25 | $31.38 | $52,168,395 | $67,506,978 | +$15,338,583 | +29.40% |
| Choice Hotels International Inc. (CHH) | Equity | 0% | 733,892 | 0.08% | $132.78 | $115.00 | $97,446,180 | $84,397,580 | -$13,048,600 | -13.39% |
| Church & Dwight Co. Inc. (CHD) | Equity | -0.14% | 6,847,486 | 0.59% | $110.09 | $95.63 | $753,839,734 | $654,825,086 | -$99,014,648 | -13.13% |
| The Clorox Company (CLX) | Equity | 0% | 613,497 | 0.07% | $147.25 | $95.80 | $90,337,433 | $58,773,013 | -$31,564,420 | -34.94% |
| Doximity Inc. (DOCS) | Equity | +67.47% | 1,189,882 | 0.05% | $58.03 | $20.46 | $69,048,852 | $24,344,986 | -$44,703,866 | -64.74% |
| Equifax Inc. (EFX) | Equity | -35.18% | 235,505 | 0.05% | $243.56 | $153.93 | $57,359,598 | $36,251,285 | -$21,108,313 | -36.80% |
| Exponent Inc. (EXPO) | Equity | 0% | 836,477 | 0.05% | $81.06 | $56.89 | $67,804,826 | $47,587,177 | -$20,217,649 | -29.82% |
| Fortinet Inc. (FTNT) | Equity | -0.09% | 8,523,040 | 0.65% | $96.26 | $144.73 | $820,427,830 | $1,233,539,579 | +$413,111,749 | +50.35% |
| Graco Inc. (GGG) | Equity | 0% | 1,139,641 | 0.08% | $83.51 | $76.03 | $95,171,420 | $86,646,905 | -$8,524,515 | -8.96% |
| The Home Depot Inc. (HD) | Equity | -21.22% | 114,736 | 0.03% | $366.49 | $334.28 | $42,049,597 | $38,353,950 | -$3,695,647 | -8.79% |
| Idexx Laboratories Inc. (IDXX) | Equity | -0.55% | 2,648,331 | 0.88% | $419.95 | $562.09 | $1,112,166,603 | $1,488,600,372 | +$376,433,769 | +33.85% |
| Intuit Inc. (INTU) | Equity | +100% | 181,628 | 0.09% | $613.99 | $267.00 | $111,517,776 | $48,494,676 | -$63,023,100 | -56.51% |
| Marriott International Inc. (MAR) | Equity | -0.09% | 4,251,560 | 0.80% | $238.20 | $396.20 | $1,012,721,592 | $1,684,468,072 | +$671,746,480 | +66.33% |
| Mastercard Inc. (MA) | Equity | -22.77% | 49,454 | 0.02% | $548.12 | $489.79 | $27,106,726 | $24,222,075 | -$2,884,651 | -10.64% |
| Medpace Holdings Inc. (MEDP) | Equity | 0% | 127,537 | 0.03% | $304.69 | $460.20 | $38,859,249 | $58,692,527 | +$19,833,278 | +51.04% |
| Meta Platforms Inc. (META) | Equity | -14.85% | 3,883,796 | 1.77% | $576.36 | $577.22 | $2,238,464,663 | $2,241,804,727 | +$3,340,064 | +0.15% |
| Mettler-Toledo International Inc. (MTD) | Equity | -0.10% | 590,838 | 0.55% | $1,180.91 | $1,144.84 | $697,726,503 | $676,414,976 | -$21,311,527 | -3.05% |
| Microsoft Corp. (MSFT) | Equity | -13.20% | 5,370,162 | 1.59% | $375.39 | $379.40 | $2,015,905,113 | $2,037,439,463 | +$21,534,350 | +1.07% |
| MSCI Inc. (MSCI) | Equity | 0% | 166,619 | 0.07% | $565.50 | $581.19 | $94,223,045 | $96,837,297 | +$2,614,252 | +2.77% |
| Nike Inc. (NKE) | Equity | 0% | 6,135,629 | 0.31% | $63.48 | $45.20 | $389,489,729 | $277,330,431 | -$112,159,298 | -28.80% |
| Oddity Tech Ltd. (ODD) | Equity | 0% | 1,615,158 | 0.06% | $43.26 | $13.07 | $69,871,735 | $21,110,115 | -$48,761,620 | -69.79% |
| Otis Worldwide Corp. (OTIS) | Equity | -1.68% | 5,866,737 | 0.48% | $103.20 | $73.27 | $605,447,258 | $429,855,820 | -$175,591,438 | -29.00% |
| Paycom Software Inc. (PAYC) | Equity | +28.18% | 413,510 | 0.07% | $218.48 | $124.85 | $90,343,665 | $51,626,724 | -$38,716,942 | -42.86% |
| Philip Morris International Inc. (PM) | Equity | -3.91% | 10,805,892 | 1.35% | $158.73 | $178.40 | $1,715,219,237 | $1,927,771,133 | +$212,551,896 | +12.39% |
| The Procter & Gamble Company (PG) | Equity | -0.13% | 4,620,406 | 0.62% | $170.42 | $150.38 | $787,409,591 | $694,816,654 | -$92,592,937 | -11.76% |
| Qualys Inc. (QLYS) | Equity | +31.13% | 718,602 | 0.07% | $125.93 | $111.30 | $90,493,550 | $79,980,403 | -$10,513,147 | -11.62% |
| Rollins Inc. (ROL) | Equity | 0% | 1,597,513 | 0.07% | $54.03 | $44.96 | $86,313,627 | $71,824,184 | -$14,489,443 | -16.79% |
| Sabre Corp. (SABR) | Equity | 0% | 21,499,095 | 0.05% | $2.81 | $1.88 | $60,412,457 | $40,418,299 | -$19,994,158 | -33.10% |
| Stryker Corp. (SYK) | Equity | -4.96% | 5,069,187 | 1.49% | $372.25 | $307.80 | $1,887,004,861 | $1,560,295,759 | -$326,709,102 | -17.31% |
| Texas Instruments Inc. (TXN) | Equity | +60.28% | 2,725,812 | 0.39% | $179.70 | $322.86 | $489,828,416 | $880,055,662 | +$390,227,246 | +79.67% |
| Verisign Inc. (VRSN) | Equity | -8.72% | 570,035 | 0.11% | $253.87 | $264.64 | $144,714,785 | $150,854,062 | +$6,139,277 | +4.24% |
| Verisk Analytics Inc. (VRSK) | Equity | -20.84% | 330,624 | 0.08% | $297.62 | $173.80 | $98,400,315 | $57,462,451 | -$40,937,864 | -41.60% |
| Visa Inc. (V) | Equity | -10.50% | 4,137,024 | 1.14% | $350.46 | $327.24 | $1,449,861,431 | $1,353,799,734 | -$96,061,697 | -6.63% |
| Waters Corp. (WAT) | Equity | -0.59% | 3,613,197 | 1.05% | $368.57 | $355.44 | $1,331,716,018 | $1,284,274,742 | -$47,441,276 | -3.56% |
| Zoetis Inc. (ZTS) | Equity | +1020.18% | 2,546,487 | 0.33% | $164.65 | $78.71 | $419,279,085 | $200,433,992 | -$218,845,093 | -52.20% |