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  PayPal Holdings Inc. (PYPL)
Period Shares % of Portfolio Activity % Change to Portfolio Reported Price Value Filing
2022   Q4 0 0.00 Sell 100.00% 2.29 SEC
2022   Q3 5,611,242 2.29 Reduce 41.86% 1.24 $86.07 $482,960,000 SEC
2022   Q2 9,651,818 2.97 Reduce 7.87% 0.33 $69.84 $674,083,000 SEC
2022   Q1 10,476,837 4.16 Reduce 19.53% 1.17 $115.65 $1,211,646,000 SEC
2021   Q4 13,019,452 5.99 Add 5.95% 0.34 $188.58 $2,455,208,000 SEC
2021   Q3 12,288,820 8.84 Reduce 0.01% <0.01 $260.21 $3,197,674,000 SEC
2021   Q2 12,289,470 9.93 Reduce 0.12% 0.01 $291.48 $3,582,135,000 SEC
2021   Q1 12,304,750 9.50 Reduce 0.24% 0.02 $242.84 $2,988,085,000 SEC
2020   Q4 12,333,741 9.57 Reduce 0.21% 0.02 $234.20 $2,888,562,000 SEC
2020   Q3 12,359,311 9.51 Reduce 0.24% 0.02 $197.03 $2,435,155,000 SEC
2020   Q2 12,388,814 9.42 Reduce 0.15% <0.01 $174.23 $2,158,503,000 SEC
2020   Q1 12,407,094 6.69 Reduce 18.30% 1.42 $95.74 $1,187,855,000 SEC
2019   Q4 15,185,799 7.76 Reduce 1.41% 0.11 $108.17 $1,642,648,000 SEC
2019   Q3 15,402,344 8.16 Add 0.07% <0.01 $103.59 $1,595,529,000 SEC
2019   Q2 15,391,028 9.18 Add 0.34% 0.03 $114.46 $1,761,657,000 SEC
2019   Q1 15,338,423 9.05 Add 0.90% 0.08 $103.84 $1,592,742,000 SEC
2018   Q4 15,202,210 8.48 $87.84 $1,335,362,000 SEC
2018   Q3 15,202,210 8.96 Reduce 0.05% <0.01 $87.84 $1,335,362,000 SEC
2018   Q2 15,209,740 9.43 Reduce 0.10% <0.01 $83.27 $1,266,514,000 SEC
2018   Q1 15,224,967 9.52 Add 5.28% 0.48 $75.87 $1,155,118,000 SEC
2017   Q4 14,461,577 9.13 Buy 9.13 $73.62 $1,064,661,000 SEC
2017   Q3 0 0.00 Sell 100.00% 7.91 SEC
2017   Q2 14,051,261 7.91 Add 6.76% 0.50 $53.67 $754,131,000 SEC
2017   Q1 13,161,285 6.58 Add 4.49% 0.28 $43.02 $566,198,000 SEC
2016   Q4 12,595,293 6.63 Add 5.68% 0.36 $39.96 $503,308,000 SEC
2016   Q3 11,918,335 8.08 Add 20.43% 1.37 $40.97 $488,294,000 SEC
2016   Q2 9,896,155 5.94 Add 114.20% 3.17 $36.51 $361,309,000 SEC
2016   Q1 4,620,093 3.84 Add 8.66% 0.31 $38.60 $178,336,000 SEC
2015   Q4 4,251,886 3.87 Reduce 0.40% 0.02 $36.20 $153,918,000 SEC
2015   Q3 4,269,126 4.04 Buy 4.04 $31.04 $132,514,000 SEC