Terry Smith's PG Position Overview
Terry Smith (via Fundsmith Llp) currently holds 4.58 M shares of The Procter & Gamble Company (PG) worth $703.26 M, representing 3.55% of the portfolio. First purchased in 2013-Q1, this long-term strategic position has been held for 33 quarters.
Based on 13F filings, Terry Smith has maintained a strategic position in PG, demonstrating sustained confidence in this investment. Largest addition occurred in Q2 2023, adding 3.13 M shares. Largest reduction occurred in Q1 2016, reducing 1.87 M shares.
Analysis based on 13F filings available since 2013 Q2
Terry Smith's The Procter & Gamble Company (PG) Holding Value Over Time
Track share changes against reported price movement
Quarterly The Procter & Gamble Company (PG) Trades by Terry Smith
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q1 2013 | +1.14 M | Add 0.00% | 1.14 M | $77.05 |
| Q2 2013 | +157,882 | Add 13.80% | 1.3 M | $76.99 |
| Q1 2014 | +112,478 | Add 8.64% | 1.41 M | $79.96 |
| Q3 2014 | +19,368 | Add 1.37% | 1.43 M | $83.74 |
| Q4 2014 | +108,240 | Add 7.55% | 1.54 M | $90.44 |
| Q1 2015 | +76,770 | Add 4.98% | 1.62 M | $81.29 |
| Q3 2015 | +251,413 | Add 15.53% | 1.87 M | $71.94 |
| Q1 2016 | -1.87 M | Sold Out | 0 | $0.00 |
| Q4 2020 | +38,171 | New Buy | 38,171 | $139.14 |
| Q1 2021 | +46,392 | Add 121.54% | 84,563 | $135.43 |
| Q2 2021 | +215,641 | Add 255.01% | 300,204 | $134.93 |
| Q3 2021 | +17,977 | Add 5.99% | 318,181 | $139.80 |
| Q4 2021 | +52,948 | Add 16.64% | 371,129 | $163.58 |
| Q1 2022 | -60,799 | Reduce 16.38% | 310,330 | $152.80 |
| Q2 2022 | +2,288 | Add 0.74% | 312,618 | $143.79 |
| Q3 2022 | +1,593 | Add 0.51% | 314,211 | $126.25 |
| Q4 2022 | +1,086 | Add 0.35% | 315,297 | $151.56 |
| Q1 2023 | +1.4 M | Add 444.40% | 1.72 M | $148.69 |
| Q2 2023 | +3.13 M | Add 182.51% | 4.85 M | $151.74 |
| Q3 2023 | -2,604 | Reduce 0.05% | 4.85 M | $145.86 |
| Q4 2023 | -6,641 | Reduce 0.14% | 4.84 M | $146.54 |
| Q1 2024 | -40,850 | Reduce 0.84% | 4.8 M | $162.25 |
| Q2 2024 | -151,864 | Reduce 3.16% | 4.65 M | $164.92 |
| Q3 2024 | -13,996 | Reduce 0.30% | 4.63 M | $173.20 |
| Q4 2024 | -6,846 | Reduce 0.15% | 4.63 M | $167.65 |
| Q1 2025 | -5,970 | Reduce 0.13% | 4.62 M | $170.42 |
| Q2 2025 | -48,126 | Reduce 1.04% | 4.57 M | $159.32 |
| Q3 2025 | +4,760 | Add 0.10% | 4.58 M | $153.65 |
Terry Smith's The Procter & Gamble Company Investment FAQs
Terry Smith first purchased The Procter & Gamble Company (PG) in Q1 2013, acquiring 1,143,951 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 The Procter & Gamble Company (PG) for 33 quarters since Q1 2013.
Terry Smith's largest addition to The Procter & Gamble Company (PG) was in Q2 2023, adding 4,849,177 shares worth $735.81 M.
According to the latest 13F filing for Q3 2025, Terry Smith's firm, Fundsmith Llp, owns 4,577,040 shares of The Procter & Gamble Company (PG), valued at approximately $703.26 M.
As of the Q3 2025 filing, The Procter & Gamble Company (PG) represents approximately 3.55% of Terry Smith's publicly disclosed stock portfolio, making it one of their key holdings.
Terry Smith's peak holding in The Procter & Gamble Company (PG) was 4,849,177 shares, as reported at the end of Q2 2023.