Terry Smith's top holdings (May 2026) include Marriott International, Inc. (MAR), a global hospitality company operating and franchising hotels across numerous brands.

Terry Smith is the founder and Chief Executive Officer of Fundsmith LLP, an investment management firm known for its focus on long-term investment in high-quality businesses. The firm's investment approach centers on a concentrated portfolio of companies with sustainable competitive advantages.

Marriott International, Inc. (MAR)

Marriott International is a prominent global lodging company, managing and franchising a diverse portfolio of hotels and related lodging facilities. Its extensive brand collection spans luxury, premium, and select-service segments, catering to a wide range of travelers worldwide. Marriott's market capitalization stands at $97.29 billion, with Terry Smith's position currently valued at $1.44 billion. Analysts covering the company have set a price target of $365.2. A discounted cash flow analysis suggests a value of $163.82 per share.
Here's an overview of Terry Smith's trades in Marriott International, Inc.:

Alphabet Inc (GOOGL)

Alphabet Inc. is a leading global technology conglomerate, primarily known for its Google search engine and advertising services. The company's diverse portfolio includes Android, Chrome, YouTube, and its cloud computing platform, Google Cloud, making it a key player across various digital sectors. This holding in Terry Smith's portfolio is currently worth $1.35 billion, while Alphabet itself commands a substantial market cap of $4.17 trillion. The company has an analyst price target of $379.58, and its discounted cash flow is estimated at $199.52.
Here's an overview of Terry Smith's trades in Alphabet Inc:

Visa Inc (V)

Visa Inc. is a global payments technology company that facilitates electronic payments worldwide. It operates one of the world's largest retail electronic payments networks, offering products and services under its Visa, Visa Electron, Plus, and Interlink brands. Visa's market capitalization is $596.57 billion, and the current value of Terry Smith's position in the company is $1.17 billion. Analysts project a price target of $355.33 for Visa. A discounted cash flow assessment places its value at $260.61 per share.
Here's an overview of Terry Smith's trades in Visa Inc:

Stryker Corp. (SYK)

Stryker Corporation is a global medical technology company renowned for its innovative products and services in orthopaedics, medical and surgical equipment, and neurotechnology and spine. It collaborates with medical professionals to deliver solutions that improve healthcare outcomes. With a market capitalization of $125.43 billion, the position in Terry Smith's portfolio is currently valued at $1.16 billion. Analysts have set a price target of $430.9 for Stryker. Its discounted cash flow value is $325.31.
Here's an overview of Terry Smith's trades in Stryker Corp.:

Waters Corp. (WAT)

Waters Corporation is a global leader in analytical instruments and software, serving research, quality control, and manufacturing operations across various industries. The company designs, manufactures, sells, and services high-performance liquid chromatography, mass spectrometry, and thermal analysis technologies. Waters Corp. has a market capitalization of $18.44 billion, and Terry Smith's position is currently valued at $1.10 billion. The analyst price target for the company is $384.6, and its discounted cash flow suggests a value of $175.98 per share.
Here's an overview of Terry Smith's trades in Waters Corp.: