Terry Smith's MSFT Position Overview
Terry Smith (via Fundsmith Llp) currently holds 2.6M shares of Microsoft Corporation (MSFT) worth $1.34 B, representing 6.76% of the portfolio. First purchased in 2013-Q1, this long-term strategic position has been held for 51 quarters.
Based on 13F filings since 2013, Terry Smith has maintained a long-term strategic position in MSFT, representing a significant commitment to this investment thesis. Largest addition occurred in Q1 2015, adding 3.7M shares. Largest reduction occurred in Q1 2022, reducing 3.0M shares.
Analysis based on 13F filings available since 2013 Q2
Terry Smith's Microsoft Corporation (MSFT) Holding Value Over Time
Track share changes against reported price movement
Quarterly Microsoft Corporation (MSFT) Trades by Terry Smith
| Period | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q1 2013 | +3.18 M | Add 0.00% | 3.18 M | $28.39 |
| Q2 2013 | +342,781 | Add 10.77% | 3.53 M | $34.55 |
| Q3 2013 | -3.53 M | Sold Out | 3.53 M | $0.00 |
| Q1 2015 | +7.19 M | New Buy | 7.19 M | $40.39 |
| Q2 2015 | +8,140 | Add 0.11% | 7.19 M | $44.15 |
| Q3 2015 | +338,065 | Add 4.70% | 7.53 M | $44.26 |
| Q1 2016 | +328,645 | Add 4.36% | 7.86 M | $55.23 |
| Q2 2016 | +977,061 | Add 12.43% | 8.84 M | $51.17 |
| Q3 2016 | +1.1 M | Add 12.42% | 9.93 M | $57.60 |
| Q4 2016 | +267,350 | Add 2.69% | 10.2 M | $62.89 |
| Q1 2017 | -166 | Reduce 0.00% | 10.2 M | $65.86 |
| Q2 2017 | +518,608 | Add 5.08% | 10.72 M | $68.93 |
| Q3 2017 | +355,610 | Add 3.32% | 11.08 M | $73.85 |
| Q4 2017 | +14,825 | Add 0.13% | 11.09 M | $85.54 |
| Q1 2018 | +984,147 | Add 8.87% | 12.08 M | $91.27 |
| Q2 2018 | -12.08 M | Sold Out | 12.08 M | $0.00 |
| Q3 2018 | +12.07 M | New Buy | 12.07 M | $114.37 |
| Q4 2018 | -47,074 | Reduce 0.39% | 12.03 M | $114.37 |
| Q1 2019 | +113,382 | Add 0.94% | 12.14 M | $117.94 |
| Q2 2019 | +30,766 | Add 0.25% | 12.17 M | $133.96 |
| Q3 2019 | +18,512 | Add 0.15% | 12.19 M | $139.03 |
| Q4 2019 | +883 | Add 0.01% | 12.19 M | $157.70 |
| Q1 2020 | -217,608 | Reduce 1.79% | 11.97 M | $157.71 |
| Q2 2020 | -18,063 | Reduce 0.15% | 11.95 M | $203.51 |
| Q3 2020 | -25,399 | Reduce 0.21% | 11.93 M | $210.33 |
| Q4 2020 | +142,879 | Add 1.20% | 12.07 M | $222.42 |
| Q1 2021 | -23,045 | Reduce 0.19% | 12.05 M | $235.77 |
| Q2 2021 | -14,272 | Reduce 0.12% | 12.04 M | $270.90 |
| Q3 2021 | -655 | Reduce 0.01% | 12.03 M | $281.92 |
| Q4 2021 | +968,000 | Add 8.04% | 13 M | $336.32 |
| Q1 2022 | -2.98 M | Reduce 22.95% | 10.02 M | $308.31 |
| Q2 2022 | +2,102 | Add 0.02% | 10.02 M | $256.83 |
| Q3 2022 | -735,920 | Reduce 7.34% | 9.28 M | $232.90 |
| Q4 2022 | -254,578 | Reduce 2.74% | 9.03 M | $239.82 |
| Q1 2023 | +1,065 | Add 0.01% | 9.03 M | $288.30 |
| Q2 2023 | -18,510 | Reduce 0.20% | 9.01 M | $340.54 |
| Q3 2023 | -363,769 | Reduce 4.04% | 8.65 M | $315.75 |
| Q4 2023 | -705,498 | Reduce 8.16% | 7.94 M | $376.04 |
| Q1 2024 | -325,421 | Reduce 4.10% | 7.62 M | $420.72 |
| Q2 2024 | -477,288 | Reduce 6.27% | 7.14 M | $446.95 |
| Q3 2024 | -240,340 | Reduce 3.37% | 6.9 M | $430.30 |
| Q4 2024 | -713,242 | Reduce 10.34% | 6.19 M | $421.50 |
| Q1 2025 | -816,871 | Reduce 13.20% | 5.37 M | $375.39 |
| Q2 2025 | -428,653 | Reduce 7.98% | 4.94 M | $497.41 |
| Q3 2025 | -2.36 M | Reduce 47.72% | 2.58 M | $517.95 |
Terry Smith's Microsoft Corporation Investment FAQs
Terry Smith first purchased Microsoft Corporation (MSFT) in Q1 2013, acquiring 3,182,263 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Terry Smith has held Microsoft Corporation (MSFT) for 51 quarters since Q1 2013. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Terry Smith's largest addition to Microsoft Corporation (MSFT) was in Q3 2018, adding 12,074,060 shares worth $1.38 B. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
According to the latest 13F filing for Q3 2025, Terry Smith's firm, Fundsmith Llp, owns 2,583,369 shares of Microsoft Corporation (MSFT), valued at approximately $1.34 B. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
As of the Q3 2025 filing, Microsoft Corporation (MSFT) represents approximately 6.76% of Terry Smith's publicly disclosed stock portfolio, making it one of their key holdings. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Terry Smith's peak holding in Microsoft Corporation (MSFT) was 13,002,366 shares, as reported at the end of Q4 2021. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.