Lindsell Train Ltd

Superinvestor

Lindsell Train

SEC CIK
0001484150
Manager
Nick Train
Style
Quality

Q1 2026 vs. Q4 2025

Positions are compared by share count, long positions only.

All holdings in Q1 2026All holdings in Q4 2025

Lindsell Train Ltd: Q4 2025 compared with Q1 2026
MeasureQ4 2025Q1 2026Change
Positions2827−1
Total value$3.94B$3.14B−$806.58M (−20.5%)

New positions (0)

Held at the end of Q1 2026 but not at the end of Q4 2025.

Lindsell Train Ltd: new positions in Q1 2026
SecurityClassShares, Q1 2026Value, Q1 2026% of portfolio, Q1 2026
None.

Added (8)

More shares at the end of Q1 2026 than at the end of Q4 2025.

Lindsell Train Ltd: positions added to in Q1 2026
SecurityClassShares, Q4 2025Shares, Q1 2026Change in sharesValue, Q1 2026% of portfolio, Q1 2026
INTUINTUIT COMStock610,251733,699+123,448+20.2%$317.24M10.11%
FICOFAIR ISAAC CORPCOM216,593249,422+32,829+15.2%$266.27M8.49%
VVISA INC COM CL AStock10,00010,300+300+3.0%$3.11M0.10%
SPGIS&P GLOBAL INC COMStock6,8007,300+500+7.4%$3.1M0.10%
EFXEQUIFAX INCCOM11,00011,500+500+4.5%$2.07M0.07%
ADBEADOBE INC COMStock5,3007,000+1,700+32.1%$1.7M0.05%
VRSKVERISK ANALYTICS INCCOM7,5008,400+900+12.0%$1.59M0.05%
NKENIKE INC CL BStock20,40020,800+400+2.0%$1.1M0.04%

Reduced (17)

Fewer shares at the end of Q1 2026 than at the end of Q4 2025.

Lindsell Train Ltd: positions reduced in Q1 2026
SecurityClassShares, Q4 2025Shares, Q1 2026Change in sharesValue, Q1 2026% of portfolio, Q1 2026
TKOTKO GROUP HOLDINGS INCCL A2,820,2042,449,468−370,736−13.1%$493.94M15.75%
GOOGLALPHABET INC CAP STK CL AStock2,088,5981,704,639−383,959−18.4%$490.19M15.63%
DISDISNEY WALT CO COMStock3,481,8303,206,407−275,423−7.9%$309.03M9.85%
TMOTHERMO FISHER SCIENTIFIC INC COMStock689,503617,211−72,292−10.5%$303.38M9.67%
MDLZMONDELEZ INTL INC CL AStock4,479,8543,561,964−917,890−20.5%$205.31M6.55%
PEPPEPSICO INC COMStock1,801,9711,277,185−524,786−29.1%$198.33M6.32%
PYPLPAYPAL HLDGS INC COMStock4,298,6184,179,623−118,995−2.8%$189.04M6.03%
EBAYEBAY INC.COM2,079,0791,927,485−151,594−7.3%$175.44M5.59%
BF.ABROWN FORMAN CORPCL A2,742,7402,585,222−157,518−5.7%$69.26M2.21%
MANUMANCHESTER UTD PLC NEWORD CL A3,596,5003,142,000−454,500−12.6%$52.85M1.68%
BF.BBROWN FORMAN CORP CL BStock1,649,7641,576,049−73,715−4.5%$41.67M1.33%
AXPAMERICAN EXPRESS CO COMStock9,8009,000−800−8.2%$2.72M0.09%
CMECME GROUP INCCOM7,4006,900−500−6.8%$2.04M0.06%
ELLAUDER ESTEE COS INCCL A15,50015,000−500−3.2%$1.08M0.03%
KOCOCA COLA CO COMStock17,00012,000−5,000−29.4%$912.6K0.03%
MSGSMADISON SQUARE GRDN SPRT CORCL A3,3002,800−500−15.2%$899.92K0.03%
CLCOLGATE PALMOLIVE CO COMStock14,60010,000−4,600−31.5%$852.3K0.03%

Sold out (1)

Held at the end of Q4 2025, gone by the end of Q1 2026.

Lindsell Train Ltd: positions sold out in Q1 2026
SecurityClassShares, Q4 2025Value, Q4 2025% of portfolio, Q4 2025
TROWPRICE T ROWE GROUP INC COMStock12,000$1.23M0.03%