Fundsmith 13F: Exits Oddity Tech (ODD) Stake

Fundsmith Completely Closes Position in Oddity Tech

Fundsmith completely exited its stake in Oddity Tech Ltd. (NasdaqGM: ODD), selling all 2,074,167 shares it previously held. The complete closeout is captured in the fund's Form 13F filing with the SEC for the period ending May 15, 2026. Because 13F filings look backward at past quarters, this filing shows where holdings stood at that time and may not reflect the fund's current investments today.

Complete Exit from ODD Shares

Before this complete exit, Fundsmith held 2,074,167 shares of Oddity Tech. By selling the entire stake down to zero shares, the fund cut its position by 100%. This follows a pattern seen in other recent filings where the fund completely closed out holdings in companies like Graco and Choice Hotels.

Oddity Tech Stock Performance

Oddity Tech shares recently traded around $15.13 on the NasdaqGM. The stock sits below its 50-day moving average of $16.34 and its 200-day moving average of $18.45, while trading closer to its 52-week low of $9.25 than its 52-week high of $52.00. The company carries a forward P/E ratio of 20.38 based on its earnings outlook.

Recent Insider Transactions

Insider activity at Oddity Tech included transactions by Global Chief Financial Officer Drucker Mann Lindsay on June 30, 2026. The CFO bought 123,929 shares at an average price of $7.58, totaling about $938,998. On the same day, the CFO also sold 109,602 shares at an average price of $15.09 for a total value of roughly $1.65 million in a transaction carried out under a planned trading setup.

Analysts Set New Price Targets

Wall Street firms maintain a generally neutral stance on the beauty and wellness company. On October 15, 2026, Morgan Stanley maintained its Equal-Weight rating on the stock while raising its price target to $18.50 from $16.50. Other firms including Truist Securities, Evercore ISI Group, and Jefferies also issued updates through September and October, contributing to a consensus recommendation key of hold alongside a mean price target of $15.56 across eight analyst opinions.

Inside Oddity Tech's Digital Brands

Oddity Tech operates as a consumer technology company based in Jaffa, Israel, building digital-first brands for the beauty and wellness sectors. The company uses data science, machine learning, and computer vision to develop products under brands like IL MAKIAGE and SpoiledChild, alongside its ODDITY LABS biotechnology center focused on AI-driven ingredient discovery.

What to Watch at Oddity Tech Ltd.

Investors tracking Oddity Tech will look ahead to its next earnings report scheduled for November 18, 2026, to gauge revenue growth and profitability. As always, institutional filings like Form 13F offer a retrospective look at portfolio shifts rather than a real-time signal.