Lindsell Train Ltd

Superinvestor

Lindsell Train

SEC CIK
0001484150
Manager
Nick Train
Style
Quality

Q4 2025 vs. Q3 2025

Positions are compared by share count, long positions only.

All holdings in Q4 2025All holdings in Q3 2025

Lindsell Train Ltd: Q3 2025 compared with Q4 2025
MeasureQ3 2025Q4 2025Change
Positions28280
Total value$4.08B$3.94B−$133.08M (−3.3%)

New positions (0)

Held at the end of Q4 2025 but not at the end of Q3 2025.

Lindsell Train Ltd: new positions in Q4 2025
SecurityClassShares, Q4 2025Value, Q4 2025% of portfolio, Q4 2025
None.

Added (4)

More shares at the end of Q4 2025 than at the end of Q3 2025.

Lindsell Train Ltd: positions added to in Q4 2025
SecurityClassShares, Q3 2025Shares, Q4 2025Change in sharesValue, Q4 2025% of portfolio, Q4 2025
SPGIS&P GLOBAL INC COMStock6,5006,800+300+4.6%$3.55M0.09%
EFXEQUIFAX INCCOM10,50011,000+500+4.8%$2.39M0.06%
CPCANADIAN PACIFIC KANSAS CITYCOM28,50030,000+1,500+5.3%$2.21M0.06%
ADBEADOBE INC COMStock4,5005,300+800+17.8%$1.85M0.05%

Reduced (14)

Fewer shares at the end of Q4 2025 than at the end of Q3 2025.

Lindsell Train Ltd: positions reduced in Q4 2025
SecurityClassShares, Q3 2025Shares, Q4 2025Change in sharesValue, Q4 2025% of portfolio, Q4 2025
GOOGLALPHABET INC CAP STK CL AStock2,234,0982,088,598−145,500−6.5%$653.73M16.58%
TKOTKO GROUP HOLDINGS INCCL A2,954,7042,820,204−134,500−4.6%$589.42M14.95%
INTUINTUIT COMStock611,810610,251−1,559−0.3%$404.24M10.25%
TMOTHERMO FISHER SCIENTIFIC INC COMStock817,529689,503−128,026−15.7%$399.53M10.13%
DISDISNEY WALT CO COMStock3,725,8303,481,830−244,000−6.5%$396.13M10.05%
FICOFAIR ISAAC CORPCOM222,955216,593−6,362−2.9%$366.18M9.29%
PEPPEPSICO INC COMStock2,201,6711,801,971−399,700−18.2%$258.62M6.56%
PYPLPAYPAL HLDGS INC COMStock4,483,6184,298,618−185,000−4.1%$250.95M6.36%
MDLZMONDELEZ INTL INC CL AStock5,028,7874,479,854−548,933−10.9%$241.15M6.12%
EBAYEBAY INC.COM2,455,0792,079,079−376,000−15.3%$181.09M4.59%
MANUMANCHESTER UTD PLC NEWORD CL A4,376,5003,596,500−780,000−17.8%$57.26M1.45%
AXPAMERICAN EXPRESS CO COMStock10,2009,800−400−3.9%$3.63M0.09%
KOCOCA COLA CO COMStock18,50017,000−1,500−8.1%$1.19M0.03%
CLCOLGATE PALMOLIVE CO COMStock15,00014,600−400−2.7%$1.15M0.03%

Sold out (0)

Held at the end of Q3 2025, gone by the end of Q4 2025.

Lindsell Train Ltd: positions sold out in Q4 2025
SecurityClassShares, Q3 2025Value, Q3 2025% of portfolio, Q3 2025
None.