Terry Smith acquired 5.43 Million Estee Lauder Cos. shares worth $1 Billion. That's 4.28% of their equity portfolio (10th largest holding). The investor owns 1.53% of the outstanding Estee Lauder Cos. stock. The first Estee Lauder Cos. trade was made in Q2 2016. Since then Terry Smith bought shares twenty more times and sold shares on six occasions. The stake costed the investor $706 Million, netting the investor a gain of 42% so far.