Terry Smith acquired 9.07M Philip Morris International shares worth $1.48B. That's 6.53% of their entire equity portfolio (6th largest holding). The first Philip Morris International trade was made in Q1 2013. Since then Terry Smith bought shares 31 more times and sold shares on sixteen occasions. The stake costed the investor $801M, netting the investor a gain of 85% so far.
Terence ¡° Terry ¡± Smith founded Fundsmith , a London-based investment management company, in 2010. Smith has been referred to as the ¡° English Warren Buffett...