Terry Smith's position in Waters Corp. is currently worth $1.21 Billion. That's 4.93% of their equity portfolio (9th largest holding). The investor owns 6.26% of the outstanding Waters Corp. stock. The first Waters Corp. trade was made in Q1 2013. Since then Terry Smith bought shares 22 more times and sold shares on nine occasions. The stake costed the investor $602 Million, netting the investor a gain of 101% so far.