Fundsmith (Terry Smith) — ADP Trade History
Quarter-by-quarter changes in the AUTOMATIC DATA PROCESSING IN position · CUSIP 053015103
Currently held · 9.8 YearsFirst seen: 2016 Q4
| Quarter | Filed | Activity | Shares | Δ Shares | Δ % | Value | % Port. |
|---|---|---|---|---|---|---|---|
| 2026 Q2 | 2026-08-14 | Reduce | 2,601,567 | -1,253,538 | -32.5% | $582.6M | 4.27% |
| 2026 Q1 | 2026-05-15 | Reduce | 3,855,105 | -322,864 | -7.7% | $783.3M | 6.11% |
| 2025 Q4 | 2026-02-17 | Reduce | 4,177,969 | -133,634 | -3.1% | $1.07B | 6.28% |
| 2025 Q3 | 2025-11-14 | Reduce | 4,311,603 | -50,496 | -1.2% | $1.27B | 6.39% |
| 2025 Q2 | 2025-08-14 | Reduce | 4,362,099 | -151,800 | -3.4% | $1.35B | 5.84% |
| 2025 Q1 | 2025-05-15 | Reduce | 4,513,899 | -499,813 | -10.0% | $1.38B | 6.28% |
| 2024 Q4 | 2025-02-14 | Reduce | 5,013,712 | -558,108 | -10.0% | $1.47B | 6.26% |
| 2024 Q3 | 2024-11-14 | Reduce | 5,571,820 | -13,941 | -0.2% | $1.54B | 6.10% |
| 2024 Q2 | 2024-08-14 | Reduce | 5,585,761 | -180,108 | -3.1% | $1.33B | 5.43% |
| 2024 Q1 | 2024-05-15 | Reduce | 5,765,869 | -50,452 | -0.9% | $1.44B | 5.64% |
| 2023 Q4 | 2024-02-14 | Add | 5,816,321 | 295,809 | +5.4% | $1.36B | 5.67% |
| 2023 Q3 | 2023-11-14 | Reduce | 5,520,512 | -5,856 | -0.1% | $1.33B | 6.04% |
| 2023 Q2 | 2023-08-14 | Reduce | 5,526,368 | -15,598 | -0.3% | $1.21B | 5.10% |
| 2023 Q1 | 2023-05-15 | Add | 5,541,966 | 1,246 | +0.0% | $1.23B | 5.32% |
| 2022 Q4 | 2023-02-14 | Reduce | 5,540,720 | -30,958 | -0.6% | $1.32B | 6.04% |
| 2022 Q3 | 2022-11-14 | Add | 5,571,678 | 6,300 | +0.1% | $1.26B | 5.98% |
| 2022 Q2 | 2022-08-15 | Add | 5,565,378 | 2,530 | +0.0% | $1.17B | 5.16% |
| 2022 Q1 | 2022-05-16 | Reduce | 5,562,848 | -1,531,542 | -21.6% | $1.27B | 4.35% |
| 2021 Q4 | 2022-02-14 | Reduce | 7,094,390 | -1,744 | -0.0% | $1.75B | 4.27% |
| 2021 Q3 | 2021-11-12 | Reduce | 7,096,134 | -766 | -0.0% | $1.42B | 3.92% |
| 2021 Q2 | 2021-08-13 | Reduce | 7,096,900 | -16,705 | -0.2% | $1.41B | 3.91% |
| 2021 Q1 | 2021-05-14 | Add | 7,113,605 | 25,988 | +0.4% | $1.34B | 4.26% |
| 2020 Q4 | 2021-02-12 | Add | 7,087,617 | 167,702 | +2.4% | $1.25B | 4.14% |
| 2020 Q3 | 2020-11-12 | Add | 6,919,915 | 438,763 | +6.8% | $965.3M | 3.77% |
| 2020 Q2 | 2020-08-12 | Add | 6,481,152 | 206,319 | +3.3% | $965.0M | 4.21% |
| 2020 Q1 | 2020-05-14 | Reduce | 6,274,833 | -189,365 | -2.9% | $857.6M | 4.83% |
| 2019 Q4 | 2020-02-13 | Reduce | 6,464,198 | -16,287 | -0.3% | $1.10B | 5.21% |
| 2019 Q3 | 2019-11-12 | Add | 6,480,485 | 350,732 | +5.7% | $1.05B | 5.35% |
| 2019 Q2 | 2019-08-09 | Add | 6,129,753 | 135,582 | +2.3% | $1.01B | 5.28% |
| 2019 Q1 | 2019-05-13 | Add | 5,994,171 | 131,058 | +2.2% | $957.5M | 5.44% |
| 2018 Q4 | 2019-02-14 | Add | 5,863,113 | 50,578 | +0.9% | $883.3M | 5.66% |
| 2018 Q3 | 2018-11-09 | Add | 5,812,535 | 26,045 | +0.5% | $875.7M | 5.87% |
| 2018 Q2 | 2018-08-22 | Add | 5,786,490 | 8,507 | +0.1% | $776.2M | 5.78% |
| 2018 Q1 | 2018-04-30 | Add | 5,777,983 | 254,791 | +4.6% | $655.7M | 5.41% |
| 2017 Q4 | 2018-02-13 | Reduce | 5,523,192 | -30,045 | -0.5% | $647.3M | 5.55% |
| 2017 Q3 | 2017-11-14 | Add | 5,553,237 | 376,897 | +7.3% | $605.4M | 5.86% |
| 2017 Q2 | 2017-08-14 | Add | 5,176,340 | 1,164,972 | +29.0% | $530.4M | 5.56% |
| 2017 Q1 | 2017-05-05 | Add | 4,011,368 | 133,125 | +3.4% | $410.7M | 4.77% |
| 2016 Q4 | 2017-02-13 | New | 3,878,243 | 3,878,243 | — | $401.2M | 5.28% |
| 2016 Q3 | 2016-11-14 | — | — | — | — | — | — |
Share counts are split-adjusted. Time held counts consecutive quarters ending with the latest filing; more than ten years shows as ">10 Years".
13F data shows quarter-end positions, is delayed by up to 45 days and covers only long positions in US-listed securities; short positions, most derivatives and non-US assets are not reported.