What is the value of Terry Smith's portfolio?

His portfolio is valued at approximately $13 billion.

Why did Terry Smith sell all his stocks except one?

The decision reflects his strong conviction in the water infrastructure company and his focus on stable essential sectors over AI stocks.

Which stock did Terry Smith keep?

The stock name was not disclosed in the report, but it is tied to a water utility infrastructure company.

Terry Smith Sells Nearly All Stocks in $13B Portfolio, Keeps Only One

In Q1 2026, famed value investor Terry Smith, known as "Britain's Warren Buffett," sold nearly all holdings in his $13 billion portfolio, retaining only one stock in a water utility infrastructure company, while investors rush into AI stocks.

July 9, 2026

2 min read

Source: Motley Fool

Key Numbers

portfolio value

13B

stocks sold

all but one

In a striking move, prominent value investor Terry Smith, often called "Britain's Warren Buffett," sold off nearly all stocks in his approximately $13 billion investment portfolio during the first quarter of 2026, keeping only a single position.

Details

According to a report by Motley Fool, Smith liquidated holdings in all companies except one—a stock tied to a water utility infrastructure firm. This decision comes at a time when investors are eagerly buying artificial intelligence stocks.

Context

Smith is known for focusing on companies with durable competitive advantages and strong cash flows. His decision to shed all other stocks and retain just one reflects his strong conviction in that company, particularly in the essential and stable water sector. While many chase AI, Smith appears to favor a less volatile but vital industry.

What It Means for Investors

This move suggests Smith sees an attractive opportunity in water infrastructure, possibly at the expense of high-growth sectors like technology. Investors following his strategy may reconsider their portfolio allocation, though this decision reflects one investor's individual view.

Frequently Asked Questions

Terry Smith is a British value investor known as 'Britain's Warren Buffett,' managing a large investment portfolio.

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This article was rewritten in Wrqti's editorial style based on information from the original source above. Content is informational only — not investment advice.