Terry SmithvsTom Gayner

Side-by-side current 13F portfolio comparison · 12 shared positions

Whale A

Fundsmith Investment Services Ltd.

AUM

$5.5B

Positions

Shared %

47.4%

Whale B

Markel Group Inc.

AUM

$11.9B

Positions

129

Shared %

17.3%

Common holdings · 12

Stocks both whales currently hold — sorted by combined value

Stock	Terry weight	Tom weight	Terry value	Tom value
V · Visa, Inc.	6.9%	2.5%	$379M	$304M
GOOGL · Alphabet Inc.	7.2%	1.4%	$394M	$164M
MSFT · Microsoft Corp.	5.9%	1.7%	$323M	$199M
META · Meta Platforms, Inc.	6.3%	1.2%	$346M	$142M
MAR · Marriott Intl Inc. New	7.5%	0.3%	$409M	$31M
AMZN · Amazon Com Inc.	0.0%	3.5%	$165K	$423M
PM · Philip Morris Intl Inc.	6.1%	0.2%	$336M	$19M
AAPL · Apple Inc.	0.0%	2.6%	$164K	$311M
HD · Home Depot Inc.	0.1%	2.5%	$3M	$303M
TXN · Texas Instrs Inc.	2.8%	1.2%	$151M	$141M
NKE · Nike Inc.	2.6%	0.2%	$142M	$24M
OTIS · Otis Worldwide Corp.	2.0%	0.1%	$109M	$9M

Unique to Terry Smith

Top 10 by value held — not in the other's portfolio

Stock	Weight	Value
SYK · Stryker Corporation	8.4%	$460M
WAT · Waters Corp.	8.0%	$435M
IDXX · Idexx Labs Inc.	6.9%	$375M
ADP · Automatic Data Processing In	6.3%	$344M
MTD · Mettler Toledo International	6.1%	$334M
PG · Procter And Gamble Co.	4.7%	$255M
CHD · Church & Dwight Co. Inc.	4.0%	$220M
ZTS · Zoetis Inc.	2.8%	$152M
FTNT · Fortinet Inc.	2.6%	$144M
INTU · Intuit	2.1%	$117M

Unique to Tom Gayner

Top 10 by value held — not in the other's portfolio

Stock	Weight	Value
BRK-A · Berkshire Hathaway Inc. Del	6.7%	$800M
GOOG · Alphabet Inc.	6.6%	$789M
BRK-B · Berkshire Hathaway Inc. Del	6.1%	$734M
BN · Brookfield Corp.	4.4%	$529M
DE · Deere & Co.	4.1%	$495M
ADI · Analog Devices Inc.	2.7%	$326M
GS · Goldman Sachs Group Inc.	2.5%	$304M
CAT · Caterpillar Inc.	2.0%	$233M
WSO · Watsco Inc.	1.8%	$212M
BLK · Blackrock Inc.	1.8%	$212M

Real-time alerts. We'll let you know when a whale you follow files a new 13F, or a stock you follow has insider activity. No weekly digest.

★ WatchlistData from SEC EDGAR · whalstreet.com