Terry Smith acquired 5.79 Million Estee Lauder Cos. shares worth $1.57 Billion. That's 6.37% of their entire equity portfolio (3rd largest holding). The investor owns 1.67% of the outstanding Estee Lauder Cos. stock. The first Estee Lauder Cos. trade was made in Q2 2016. Since then Terry Smith bought shares eighteen more times and sold shares on four occasions. The stake costed the investor $738 Million, netting the investor a gain of 112% so far.