Terry Smith acquired 734k Choice Hotels International shares worth $86M. That's 0.38% of their equity portfolio (25th largest holding). The investor owns 1.55% of the outstanding Choice Hotels International stock. The first Choice Hotels International trade was made in Q1 2013. Since then Terry Smith bought shares three more times and sold shares on seven occasions. The investor's estimated purchase price is $87.7M, resulting in a loss of 2.0%.