Fundsmith

Fundsmith as of Dec. 31, 2012

Portfolio Holdings for Fundsmith

Fundsmith holds 17 positions in its portfolio as reported in the December 2012 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Dr Pepper Snapple 9.3 $77M 1.7M 44.18
Stryker Corporation (SYK) 8.8 $73M 1.3M 54.82
Domino's Pizza (DPZ) 8.7 $72M 1.7M 43.55
D Automatic Data Proce Ssing Inc Common Stock 0 8.2 $68M 1.2M 57.01
BECTON DICKINSON & CO Com Stk 8.0 $67M 852k 78.19
Microsoft Corp C ommon stock usd.006.2 8.0 $66M 2.5M 26.73
3M Company (MMM) 7.6 $63M 676k 92.85
Procter & Gamble Company (PG) 6.7 $56M 822k 67.89
Johnson & Johnson (JNJ) 6.2 $51M 729k 70.10
Pepsi (PEP) 4.9 $41M 591k 68.43
Waters Corporation (WAT) 4.8 $40M 455k 87.12
Philip Morris International (PM) 4.7 $39M 470k 83.64
Colgate-Palmolive Company (CL) 3.5 $30M 282k 104.54
Sigma-Aldrich Corporation 3.1 $26M 355k 73.58
McDonald's Corporation (MCD) 2.8 $23M 266k 88.21
Choice Hotels International (CHH) 2.3 $19M 577k 33.62
Visa (V) 2.3 $19M 124k 151.58