Fundsmith LLP: MARRIOTT INTL INC NEW (MAR): Quarterly 13F Position History
As of Q1 2026, Fundsmith LLP reported 3,370,872 shares of MARRIOTT INTL INC NEW (MAR), worth $1.1B and representing 8.6% of its 13F equity book. Quarter-over-quarter share count change: 609,055 (-15.3%) . The position first appeared in Q3 2016 and has been disclosed across 39 13F-HR filings in Pactolio's tracked window.
- 3,370,872Shares Held (Latest Filing)
- $1.1BReported Market Value (Latest Filing)
- 8.6%Portfolio Weight (% of 13F Equity Book)
- 609,055Quarter-over-Quarter Share Change
- -$132.2MQuarter-over-Quarter Value Change
- 4,395,681Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 39 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q1 2026 | 3,370,872 | 609,055 | -15.3% | $1.1B | 8.6% | $327.1 |
| Q4 2025 | 3,979,927 | 248,371 | -5.9% | $1.2B | 7.2% | $310.2 |
| Q3 2025 | 4,228,298 | 8,301 | -0.2% | $1.1B | 5.6% | $260.4 |
| Q2 2025 | 4,236,599 | 14,961 | -0.4% | $1.2B | 5.0% | $273.2 |
| Q1 2025 | 4,251,560 | 3,780 | -0.1% | $1.0B | 4.6% | $238.2 |
| Q4 2024 | 4,255,340 | 11,315 | -0.3% | $1.2B | 5.1% | $278.9 |
| Q3 2024 | 4,266,655 | +2,144 | +0.1% | $1.1B | 4.2% | $248.6 |
| Q2 2024 | 4,264,511 | 99,787 | -2.3% | $1.0B | 4.2% | $241.8 |
| Q1 2024 | 4,364,298 | 27,208 | -0.6% | $1.1B | 4.3% | $252.3 |
| Q4 2023 | 4,391,506 | 4,175 | -0.1% | $990.3M | 4.1% | $225.5 |
| Q3 2023 | 4,395,681 | +4,207,552 | +2236.5% | $864.0M | 3.9% | $196.6 |
| Q2 2023 | 188,129 | +88,535 | +88.9% | $34.6M | 0.1% | $183.7 |
| Q1 2023 | 99,594 | +99,594 | — | $16.5M | 0.1% | $166.0 |
| Q4 2022 | 0 | 0 | — | $0 | 0.0% | — |
| Q3 2022 | 0 | 0 | — | $0 | 0.0% | — |
| Q2 2022 | 0 | 0 | — | $0 | 0.0% | — |
| Q1 2022 | 0 | 0 | — | $0 | 0.0% | — |
| Q4 2021 | 0 | 0 | — | $0 | 0.0% | — |
| Q3 2021 | 0 | 297,432 | -100.0% | $0 | 0.0% | — |
| Q2 2021 | 297,432 | +1,251 | +0.4% | $40.6M | 0.1% | $136.5 |
| Q1 2021 | 296,181 | +18,261 | +6.6% | $43.9M | 0.1% | $148.1 |
| Q4 2020 | 277,920 | 1,632 | -0.6% | $36.7M | 0.1% | $131.9 |
| Q3 2020 | 279,552 | +95,665 | +52.0% | $25.9M | 0.1% | $92.6 |
| Q2 2020 | 183,887 | +11,040 | +6.4% | $15.8M | 0.1% | $85.7 |
| Q1 2020 | 172,847 | +1,089 | +0.6% | $12.9M | 0.1% | $74.8 |
| Q4 2019 | 171,758 | 39,544 | -18.7% | $26.0M | 0.1% | $151.4 |
| Q3 2019 | 211,302 | +34,620 | +19.6% | $26.3M | 0.1% | $124.4 |
| Q2 2019 | 176,682 | 3,398 | -1.9% | $24.8M | 0.1% | $140.3 |
| Q1 2019 | 180,080 | +76,608 | +74.0% | $22.5M | 0.1% | $125.1 |
| Q4 2018 | 103,472 | 56,166 | -35.2% | $13.7M | 0.1% | $132.0 |
| Q3 2018 | 159,638 | +22,094 | +16.1% | $21.1M | 0.1% | $132.0 |
| Q2 2018 | 137,544 | +802 | +0.6% | $17.4M | 0.1% | $126.6 |
| Q1 2018 | 136,742 | 2,953 | -2.1% | $18.6M | 0.2% | $136.0 |
| Q4 2017 | 139,695 | 44,995 | -24.4% | $19.0M | 0.2% | $135.7 |
| Q3 2017 | 184,690 | 60 | -0.0% | $20.3M | 0.2% | $110.0 |
| Q2 2017 | 184,750 | +60 | +0.0% | $18.5M | 0.2% | $100.3 |
| Q1 2017 | 184,690 | +8,254 | +4.7% | $17.4M | 0.2% | $94.2 |
| Q4 2016 | 176,436 | 19,942 | -10.2% | $15.0M | 0.2% | $84.9 |
| Q3 2016 | 196,378 | — | — | $13.2M | 0.2% | $67.3 |
Methodology & FAQ
How This Position History Is Sourced
Each row is one SEC Form 13F-HR filing disclosing this position. Share count, market value, and reported quarter are taken verbatim from the filing; portfolio weight is recomputed against the same filing's total reported equity book. Implied price-per-share is market value divided by shares — a quarter-end mark, not the manager's cost basis. See the full methodology document for the normalization rules.
When did Fundsmith LLP first disclose a MAR position in 13F-HR filings?
Fundsmith LLP first reported MARRIOTT INTL INC NEW (MAR) on its 13F-HR filing for the period ending 2016-09-30 (Q3 2016). The position has appeared on 39 reported quarters within Pactolio's tracked window.
What was Fundsmith LLP's most recent quarter-over-quarter share-count change in MAR?
Between Q4 2025 and Q1 2026, Fundsmith LLP reduced its MAR position by 609,055 shares (-15.3%), leaving 3,370,872 shares at a market value of $1.1B.
Does the implied price-per-share represent Fundsmith LLP's cost basis in MAR?
No. The implied price-per-share column is the 13F-HR reported market value divided by reported share count on the filing date (end of quarter). It is a quarter-end mark, not a cost basis or transaction price. Use it as a sanity check on the value column, not as an indicator of the manager's entry or exit price.