Exited position

Terry Smith’s Zoetis Inc (ZTS) 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 reportedQ4 2020Earliest verified positive filing snapshot
Latest statusExited positionBased on the latest supported relationship state
Peak shares3.90MHighest verified quarter-end share count
Quarters reported22Verified quarters with shares above zero
What happened?

Fundsmith LLP first reported Zoetis Inc in Q4 2020. The reported position was increased and reduced across later filings. The latest verified relationship event shows that Fundsmith LLP sold the entire position in Q2 2026, 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.

Q2 2026
Sold the entire position−3.88M shares · No shares reported at quarter-end
Q1 2026
Sold 0.6% of the position−23.24K shares · 3.88M shares remained
Filing context

Quarter-end price $118.21 · Estimated holding basis $158.09

Q4 2025
Bought 7.9% more+285.67K shares · 3.90M shares reported after the change
Filing context

Quarter-end price $125.82 · Estimated holding basis $158.09

Q3 2025
Bought 25.3% more+730.30K shares · 3.62M shares reported after the change
Filing context

Quarter-end price $146.32 · Estimated holding basis $160.64

Q2 2025
Bought 13.3% more+338.34K shares · 2.88M shares reported after the change
Filing context

Quarter-end price $155.95 · Estimated holding basis $164.27

Q1 2025
Bought 1,020.2% more+2.32M shares · 2.55M shares reported after the change
Filing context

Quarter-end price $164.65 · Estimated holding basis $165.37

Portfolio importance

How important was Zoetis Inc 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 weight3.6%Q1 2026
Last reported rank#16of 34 reported positions
Peak portfolio weight3.6%Q1 2026
Best historical rank#15Q4 2025
At peak importanceQ1 2026
ZTS
3.6%
Largest holding
8.6%
Cross-investor discovery

Who else owns Zoetis Inc?

Also reported by 3 other tracked investors in their latest verified filings.

Joel GreenblattGotham Asset Management
ZTS0.1% of reported portfolio
Ray DalioBridgewater Associates, LP
ZTS0.0% of reported portfolio
George SorosSoros Fund Management
ZTS0.0% of reported portfolio
Explore Zoetis Inc 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$72.972026-09-11

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.