Fundsmith LLP Buys McCormick Inc, IPG Photonics Corp, Sabre Corp

• Added Positions: MKC, PM, JNJ, V, SYK, INTU, ADP, FB, WAT, IPGP, SABR, MASI, CHKP, CDK, BDX, EFX, CGNX, ANSS, MELI, AOS, MSCI, VRSK,
• Reduced Positions: MAR,

For the details of Fundsmith LLP's stock buys and sells, go to https://www.gurufocus.com/guru/fundsmith+llp/current-portfolio/portfolioportfolio

1. PayPal Holdings Inc (PYPL) - 15,391,028 shares, 9.18% of the total portfolio. Shares added by 0.34%
2. Microsoft Corp (MSFT) - 12,171,134 shares, 8.50% of the total portfolio. Shares added by 0.25%
3. Facebook Inc (FB) - 6,475,057 shares, 6.51% of the total portfolio. Shares added by 1.69%
4. IDEXX Laboratories Inc (IDXX) - 4,470,038 shares, 6.41% of the total portfolio. Shares added by 0.06%
5. The Estee Lauder Companies Inc (EL) - 6,660,785 shares, 6.36% of the total portfolio. Shares added by 0.44%

Fundsmith LLP added to a holding in McCormick & Co Inc by 30.72%. The purchase prices were between $150.35 and $157.8, with an estimated average price of $154.21. The stock is now traded at around $162.18. The impact to a portfolio due to this purchase was 1.29%. The holding were 6,803,450 shares as of .

Fundsmith LLP added to a holding in IPG Photonics Corp by 54.99%. The purchase prices were between $125.17 and $181.63, with an estimated average price of $151.3. The stock is now traded at around $121.52. The impact to a portfolio due to this purchase was 0.1%. The holding were 338,819 shares as of .

Fundsmith LLP added to a holding in Sabre Corp by 22.34%. The purchase prices were between $19.46 and $23.02, with an estimated average price of $21.42. The stock is now traded at around $24.95. The impact to a portfolio due to this purchase was 0.08%. The holding were 3,630,918 shares as of .

Fundsmith LLP added to a holding in CDK Global Inc by 20.43%. The purchase prices were between $47.35 and $62.39, with an estimated average price of $53.61. The stock is now traded at around $48.81. The impact to a portfolio due to this purchase was 0.05%. The holding were 1,111,332 shares as of .

Fundsmith LLP added to a holding in MercadoLibre Inc by 29.44%. The purchase prices were between $482.35 and $641.39, with an estimated average price of $556.12. The stock is now traded at around $684.53. The impact to a portfolio due to this purchase was 0.02%. The holding were 23,644 shares as of .