Exited position

Terry Smith’s Becton Dickinson & Co (BDX) position

Reported position history, portfolio importance and verified filing changes from public SEC disclosures.

Fundsmith LLPVerified through Q2 2026
Relationship snapshot

At a glance

The full verified relationship, including prior ownership episodes and exits where supported.

First reportedQ3 2014Earliest verified positive filing snapshot
Latest statusExited positionBased on the latest supported relationship state
Peak shares4.35MHighest verified quarter-end share count
Quarters reported24Verified quarters with shares above zero
What happened?

Fundsmith LLP first reported Becton Dickinson & Co in Q3 2014. The reported position was increased and reduced across later filings. The latest verified relationship event shows that Fundsmith LLP sold the entire position in Q3 2021, and the stock is no longer reported in the latest verified portfolio.

Verified SEC history

Position over time

See the same verified relationship through reported shares, portfolio weight or reported value.

Metric

Gaps indicate periods that cannot be safely connected or where a verified corporate action changes the raw share scale. Stock price, when available, is market context and not a transaction price.

Key filing events

What changed

Latest filing plus the most meaningful reported changes. Unchanged quarters are collapsed by default.

Q3 2021
Sold the entire position−4.33M shares · No shares reported at quarter-end
Q2 2021
Sold 0.1% of the position−6.32K shares · 4.33M shares remained
Filing context

Quarter-end price $243.19 · Estimated holding basis $248.35

Q1 2021
Sold 0.2% of the position−10.54K shares · 4.33M shares remained
Filing context

Quarter-end price $243.15 · Estimated holding basis $248.35

Q4 2020
Bought 0.1% more+4.44K shares · 4.35M shares reported after the change
Filing context

Quarter-end price $250.22 · Estimated holding basis $248.35

Q3 2020
Bought 2.3% more+98.92K shares · 4.34M shares reported after the change
Filing context

Quarter-end price $232.68 · Estimated holding basis $248.35

Q2 2020
Bought 11.3% more+431.27K shares · 4.24M shares reported after the change
Filing context

Quarter-end price $239.27 · Estimated holding basis $248.71

2 unchanged quarters are collapsed by default.

Portfolio importance

How important was Becton Dickinson & Co in Fundsmith LLP’s reported portfolio?

Relative importance is measured only within the verified primary non-option reported portfolio for each quarter.

Last reported portfolio weight2.9%Q2 2021
Last reported rank#17of 43 reported positions
Peak portfolio weight8.5%Q4 2014
Best historical rank#4Q4 2014
At peak importanceQ4 2014
BDX
8.5%
Largest holding
10.1%
Cross-investor discovery

Who else owns Becton Dickinson & Co?

Also reported by 2 other tracked investors in their latest verified filings.

Joel GreenblattGotham Asset Management
BDX0.1% of reported portfolio
Ray DalioBridgewater Associates, LP
BDX0.0% of reported portfolio
Explore Becton Dickinson & Co across all tracked investors →
SEC evidence & methodology

SEC filing evidence

Market context and filing-derived values are kept separate from actual transaction prices, which 13F filings do not disclose.

Latest verified stock price$182.912026-09-14

Market context only; not an investor transaction price.

Latest verified investor filingQ2 2026 · filed 2026-08-14
Open SEC filing ↗

This tracker follows Fundsmith LLP’s reported positions. Form 13F reports quarter-end positions and is filed later; it does not disclose exact trade dates or execution prices.