Fundsmith Investment Services Decreases Texas Instruments Stake

Firm sells 16,192 shares of semiconductor company in Q3

Mar. 14, 2026 at 8:38am

Fundsmith Investment Services LTD. decreased its position in Texas Instruments Incorporated (NASDAQ:TXN) by 1.6% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 985,861 shares of the semiconductor company's stock after selling 16,192 shares during the quarter.

Why it matters

Texas Instruments is a major semiconductor company, and changes in institutional ownership can signal shifts in investor sentiment around the stock. Fundsmith's reduction in its TXN position, while relatively small, could indicate broader concerns about the company's outlook or valuation.

The details

Fundsmith Investment Services LTD. owned about 0.11% of Texas Instruments, making the stock its 15th largest position. The firm's portfolio is valued at $181,132,000. A number of other institutional investors and hedge funds have also bought and sold shares of Texas Instruments in recent quarters.

  • Fundsmith decreased its TXN position in the third quarter of 2026.

The players

Fundsmith Investment Services LTD.

A global investment management firm that owns a stake in Texas Instruments.

Texas Instruments Incorporated

A global semiconductor company headquartered in Dallas, Texas that designs and manufactures analog and embedded processing chips.

Got photos? Submit your photos here. ›

The takeaway

While Fundsmith's reduction in its Texas Instruments position was relatively small, it could signal broader concerns about the semiconductor company's outlook or valuation among some institutional investors. However, Texas Instruments remains a major holding in Fundsmith's portfolio, indicating the firm still sees long-term value in the stock.