Terry Smith’s Choice Hotels CHH Stock Holding History

Terry Smith’s Portfolio CHH Stock Details CHH Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q3	–	Sell	-733,892	Closed	-$93.1M	–	36
2025 Q2	$93.1M	Hold	733,892	–	–	0.4%	24
2025 Q1	$97.4M	Hold	733,892	–	–	0.44%	23
2024 Q4	$104M	Hold	733,892	–	–	0.44%	22
2024 Q3	$95.6M	Hold	733,892	–	–	0.38%	29
2024 Q2	$87.3M	Sell	733,892 -23,052	-3%	-$2.72M	0.36%	28
2024 Q1	$95.6M	Buy	+756,944	New	+$90.5M	0.37%	27
2015 Q2	–	Sell	-553,589	Closed	-$35.5M	–	20
2015 Q1	$35.5M	Sell	553,589 -408,168	-42%	-$24.8M	1.15%	17
2014 Q4	$53.9M	Sell	961,757 -262,980	-21%	-$14.1M	1.92%	16
2014 Q3	$63.5M	Sell	1,224,737 -210,466	-15%	-$10.6M	2.71%	15
2014 Q2	$67.6M	Buy	1,435,203 +564,291	+65%	+$25.4M	3.12%	14
2014 Q1	$39.9M	Sell	870,912 -540,470	-38%	-$26.1M	2.09%	14
2013 Q4	$69.3M	Sell	1,411,382 -11,153	-0.8%	-$508K	4.3%	12
2013 Q3	$61.2M	Hold	1,422,535	–	–	4.07%	12
2013 Q2	$56.5M	Buy	+1,422,535	New	+$58.6M	3.97%	13

Other funds holding CHH

BAMCO Inc New York $66.6B AUM 7.35% 1-Year Est. Return

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

Kayne Anderson Rudnick Investment Management Los Angeles, California $32.2B AUM 10.98% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

BTW

Boston Trust Walden Boston, Massachusetts $13.1B AUM 24.63% 1-Year Est. Return

RCG

Rock Creek Group Washington, District of Columbia $994M AUM 11.29% 1-Year Est. Return

State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return

Dimensional Fund Advisors Austin, Texas $552B AUM 44.19% 1-Year Est. Return

Wells Fargo San Francisco, California $617B AUM 30.33% 1-Year Est. Return

Terry Smith's CHH Position: Q3 2025 in Review

Terry Smith sold out of Choice Hotels (CHH) in Q3 2025, closing a stake of 733,892 shares — an estimated $93.1M sold.

Terry Smith first reported a position in CHH in Q2 2013 and held it in 14 quarters. The position peaked at $104M in Q4 2024. 344 funds tracked by Wall St. Rank hold CHH as of Q3 2025.

Terry Smith reported no remaining Choice Hotels position as of Q3 2025 after selling out during the quarter.
Terry Smith sold 733,892 Choice Hotels shares in Q3 2025, an estimated $93.1M.
Terry Smith first reported a position in Choice Hotels in Q2 2013 and held it in 14 quarters.
Terry Smith's Choice Hotels position peaked at $104M in Q4 2024.
344 funds tracked by Wall St. Rank held Choice Hotels as of Q3 2025.

Based on Fundsmith LLP's 13F filing for Q3 2025, filed 14 Nov 2025.