Lindsell Train Ltd

Superinvestor

Lindsell Train

SEC CIK
0001484150
Manager
Nick Train
Style
Quality

Q4 2023 vs. Q3 2023

Positions are compared by share count, long positions only.

All holdings in Q4 2023All holdings in Q3 2023

Lindsell Train Ltd: Q3 2023 compared with Q4 2023
MeasureQ3 2023Q4 2023Change
Positions30300
Total value$4.98B$5.16B+$173.44M (+3.5%)

New positions (2)

Held at the end of Q4 2023 but not at the end of Q3 2023.

Lindsell Train Ltd: new positions in Q4 2023
SecurityClassShares, Q4 2023Value, Q4 2023% of portfolio, Q4 2023
GOOGALPHABET INC CAP STK CL CStock16,850$2.35M0.05%
CAZOO GROUP LTDG2007L121CL A37,309$76.75K0.00%

Added (3)

More shares at the end of Q4 2023 than at the end of Q3 2023.

Lindsell Train Ltd: positions added to in Q4 2023
SecurityClassShares, Q3 2023Shares, Q4 2023Change in sharesValue, Q4 2023% of portfolio, Q4 2023
BF.ABROWN FORMAN CORPCL A2,937,4702,938,470+1,0000.0%$174.99M3.39%
VVISA INC COM CL AStock7,3007,700+400+5.5%$2.01M0.04%
ELLAUDER ESTEE COS INCCL A10,52511,425+900+8.6%$1.67M0.03%

Reduced (8)

Fewer shares at the end of Q4 2023 than at the end of Q3 2023.

Lindsell Train Ltd: positions reduced in Q4 2023
SecurityClassShares, Q3 2023Shares, Q4 2023Change in sharesValue, Q4 2023% of portfolio, Q4 2023
MDLZMONDELEZ INTL INC CL AStock17,506,89816,850,298−656,600−3.8%$1.22B23.67%
FICOFAIR ISAAC CORPCOM711,790603,921−107,869−15.2%$704.1M13.66%
INTUINTUIT COMStock1,214,1611,095,164−118,997−9.8%$684.77M13.28%
PEPPEPSICO INC COMStock3,322,2103,246,710−75,500−2.3%$551.45M10.69%
DISDISNEY WALT CO COMStock5,585,6905,554,690−31,000−0.6%$501.59M9.73%
TKOTKO GROUP HOLDINGS INCCL A5,897,1335,885,133−12,000−0.2%$479.99M9.31%
PYPLPAYPAL HLDGS INC COMStock5,314,3025,255,302−59,000−1.1%$322.73M6.26%
EBAYEBAY INC.COM6,175,8715,577,871−598,000−9.7%$243.42M4.72%

Sold out (2)

Held at the end of Q3 2023, gone by the end of Q4 2023.

Lindsell Train Ltd: positions sold out in Q4 2023
SecurityClassShares, Q3 2023Value, Q3 2023% of portfolio, Q3 2023
GOOGLALPHABET INC CAP STK CL AStock16,850$2.2M0.04%
CAZOO GROUP LTDG2007L204COMMON STOCK829,032$451.82K0.01%