Terry Smith - Fundsmith – Largest Position Reductions (2026 Q1)
This report summarizes the most meaningful reductions and sell-offs made by Terry Smith - Fundsmith in 2026 Q1. The analysis highlights which positions were trimmed or exited, providing insight into how the investor adjusted risk exposure and portfolio strategy.
| Symbol | Shares | Reported Price(USD) | Action | Change % | Portfolio Weight | Position Value | Filing Period |
|---|---|---|---|---|---|---|---|
| CPRX | 844,887 | $24.76 | Reduced | -74.88% | 0.16% | $20.92M | 2026 Q1 |
| QLYS | 226,077 | $87.85 | Reduced | -65.10% | 0.16% | $19.86M | 2026 Q1 |
| DOCS | 691,786 | $23.3 | Reduced | -58.07% | 0.13% | $16.12M | 2026 Q1 |
| MANH | 120,888 | $133.12 | Reduced | -58.07% | 0.13% | $16.09M | 2026 Q1 |
| NSSC | 383,596 | $39.39 | Reduced | -78.45% | 0.12% | $15.11M | 2026 Q1 |
| ADMA | 1,649,493 | $9.01 | Reduced | -21.53% | 0.12% | $14.86M | 2026 Q1 |
| SABR | 9,013,783 | $1.45 | Reduced | -58.07% | 0.10% | $13.07M | 2026 Q1 |
| HD | 28,611 | $328.89 | Reduced | -64.33% | 0.07% | $9.41M | 2026 Q1 |