Terry Smith - Fundsmith LLP
Period:    Q1 2026
Portfolio date:    31 Mar 2026
No. of stocks:    34
Portfolio value:    $12,827,766,987
Holdings Activity Buys Sells    History
Holding/activity history for  IPG Photonics Corp. (IPGP)
Period Shares % of Portfolio Activity % Change to Portfolio Reported Price Value Filing
2024   Q1 0 0.00 Sell 100.00% 0.25 SEC
2023   Q4 548,993 0.25 Reduce 1.29% <0.01 $108.54 $59,587,700 SEC
2023   Q3 556,157 0.26 Reduce 0.72% <0.01 $101.54 $56,472,182 SEC
2023   Q2 560,198 0.32 Reduce 34.42% 0.15 $135.82 $76,086,092 SEC
2023   Q1 854,259 0.45 $123.31 $105,338,677 SEC
2022   Q4 854,259 0.37 Reduce 0.11% <0.01 $94.67 $80,872,700 SEC
2022   Q3 855,203 0.34 Add 1.17% <0.01 $84.35 $72,136,000 SEC
2022   Q2 845,311 0.35 Reduce 0.90% <0.01 $94.13 $79,569,000 SEC
2022   Q1 852,972 0.32 $109.76 $93,622,000 SEC
2021   Q4 852,972 0.36 Add 6.83% 0.02 $172.14 $146,831,000 SEC
2021   Q3 798,462 0.35 Add 26.05% 0.07 $158.40 $126,476,000 SEC
2021   Q2 633,458 0.37 Add 0.55% <0.01 $210.77 $133,514,000 SEC
2021   Q1 629,987 0.42 Add 0.42% <0.01 $210.94 $132,889,000 SEC
2020   Q4 627,344 0.47 Add 0.14% <0.01 $223.79 $140,393,000 SEC
2020   Q3 626,454 0.42 Add 8.99% 0.03 $169.97 $106,478,000 SEC
2020   Q2 574,773 0.40 Add 1.52% <0.01 $160.39 $92,188,000 SEC
2020   Q1 566,147 0.35 Add 23.13% 0.07 $110.28 $62,435,000 SEC
2019   Q4 459,804 0.31 Add 17.03% 0.05 $144.92 $66,635,000 SEC
2019   Q3 392,900 0.27 Add 15.96% 0.04 $135.60 $53,277,000 SEC
2019   Q2 338,819 0.27 Add 54.99% 0.10 $154.25 $52,263,000 SEC
2019   Q1 218,607 0.19 Add 29.27% 0.04 $151.78 $33,180,000 SEC
2018   Q4 169,115 0.12 Buy 0.12 $113.29 $19,159,000 SEC