Terry Smith
Fundsmith
Terry Smith is a prominent investor and the founder of Fundsmith, a London-based investment management company established in 2010. Often likened to Warren Buffett, Smith has garnered recognition for his ability to achieve superior investment returns through a philosophy that emphasizes long-term growth and quality businesses. Under his leadership, Fundsmith has grown to manage approximately £36 billion in assets as of December 2023, focusing on a concentrated portfolio of high-quality companies with strong fundamentals. Fundsmith's investment strategy is centered around investing in a limited number of high-quality companies that exhibit strong pricing power, robust cash flows, and sustainable competitive advantages. The firm aims to hold these investments for the long term, allowing them to compound value over time. This disciplined approach has positioned Fundsmith as a significant player in the investment management space, attracting a diverse client base. Recent disclosures from Terry Smith reveal a strategic focus on position reductions, exits, and increases across various sectors, particularly in healthcare and technology. From February 14, 2025, to May 15, 2026, Smith's disclosed activities show a range of $823.6 million to $956.6 million, with notable moves including a $1.1 billion trim of Meta (META) on November 14, 2025. The portfolio reflects a strong emphasis on companies like IDEXX Laboratories Inc (IDXX) and Alphabet Cl A (GOOGL), indicating a careful selection process aligned with his investment philosophy.