Terry Smith's top holdings (July 2026) include Marriott International, Inc. (MAR), a global hospitality company that operates, franchises, and licenses lodging properties worldwide.

Terry Smith is the founder and Chief Executive Officer of Fundsmith, a London-based investment management firm. He manages a concentrated portfolio focusing on high-quality, established businesses that demonstrate durable competitive advantages.

Marriott International, Inc. (MAR)

The company manages an extensive portfolio of hotel brands across various segments of the travel industry. Its operations span hundreds of countries and territories, providing services to both business and leisure travelers. Marriott International, Inc. has a market capitalization of $99.49B, with Terry Smith's position currently valued at $1.25B. Analysts have set a price target of $391.36 for the stock, while the discounted cash flow analysis suggests a value of $154.73 per share.

Here's an overview of Terry Smith's trades in Marriott International, Inc.:

Waters Corp. (WAT)

Waters Corp specializes in analytical instruments and software, serving the life sciences, pharmaceutical, and industrial markets. The firm produces high-performance liquid chromatography and mass spectrometry systems used in laboratories globally. The company's market cap stands at $24.41B, while the current value of Terry Smith's holding is $1.2B. For Waters Corp., the analyst price target is $395.33, and the DCF-derived value sits at $165.04.

Here's an overview of Terry Smith's trades in Waters Corp.:

Visa Inc (V)

Visa is a global payments technology company that facilitates electronic funds transfers across more than 200 countries. It provides the digital infrastructure for financial institutions, merchants, and consumers to conduct secure transactions. With a market capitalization of $644.49B, the position is currently valued at $1.06B in Smith's portfolio. The stock carries an analyst price target of $388.0, and its discounted cash flow value is calculated at $257.85.

Here's an overview of Terry Smith's trades in Visa Inc:

Alphabet Inc (GOOGL)

Alphabet is the parent company of Google and operates a diverse range of business segments including search, advertising, and cloud computing. It also manages a collection of ventures focused on emerging technologies and health sciences. The current value of Terry Smith's position is $1.06B, supported by Alphabet's total market cap of $4.08T. A price target of $421.23 has been established by analysts, alongside a discounted cash flow value of $174.6.

Here's an overview of Terry Smith's trades in Alphabet Inc:

Stryker Corp. (SYK)

Stryker is a medical technology company that develops and manufactures equipment used in orthopaedics, surgery, and neurotechnology. Its product line includes implants, surgical navigation systems, and various patient handling tools. This holding in Terry Smith's portfolio is currently worth $963.73M, while the company maintains a market cap of $127.39B. Analysts provide a price target of $383.55 for Stryker, and the discounted cash flow analysis indicates a value of $369.82.

Here's an overview of Terry Smith's trades in Stryker Corp.: