Lindsell Train Ltd

hedge fundUpdated 57 days ago

Managed by Lindsell Train Ltd • Latest filing Q2 2026

Portfolio value

$2.6B

Q2 2026

Filings

14

Quarterly 13F history

Top-10 concentration

100.0%

Weight of largest holdings

Annualized return

-21.3%

Implied from 13F holdings

Portfolio value history

13F-disclosed portfolio value over 14 quarters

Show data table

Period	Portfolio value
Q1 2023	$5.7B
Q2 2023	$5.6B
Q3 2023	$5B
Q4 2023	$5.2B
Q1 2024	$4.8B
Q2 2024	$4.3B
Q3 2024	$4.4B
Q4 2024	$4B
Q1 2025	$3.6B
Q2 2025	$4.2B
Q3 2025	$4.1B
Q4 2025	$3.9B
Q1 2026	$3.1B
Q2 2026	$2.6B

Top holdings

28 positions as of Q2 2026

#	Stock	Value	Shares	% Portfolio	Change
1	G GOOGN ALPHABET INC	$459.9M	1.29M	17.49%	Trimmed(-24.5%)
2	T TKO TKO GROUP HOLDINGS INC	$422.5M	2.10M	16.07%	Trimmed(-14.3%)
3	F FICO FAIR ISAAC CORP	$270.2M	226.2K	10.28%	Trimmed(-9.3%)
4	T TMO THERMO FISHER SCIENTIFIC INC	$258M	514.5K	9.81%	Trimmed(-16.6%)
5	D DIS DISNEY WALT CO	$251M	2.61M	9.55%	Trimmed(-18.7%)
6	I INTU INTUIT	$174.1M	666.9K	6.62%	Trimmed(-9.1%)
7	M MDLZ MONDELEZ INTL INC	$148.4M	2.57M	5.64%	Trimmed(-28.0%)
8	P PEP PEPSICO INC	$138.6M	1.02M	5.27%	Trimmed(-19.9%)
9	P PYPL PAYPAL HLDGS INC	$136.6M	3.16M	5.20%	Trimmed(-24.3%)
10	E EBAY EBAY INC.	$124.7M	1.12M	4.74%	Trimmed(-42.1%)
11	? N/A MANCHESTER UTD PLC NEW	$63.3M	2.76M	2.41%	Trimmed(-12.2%)
12	K KKRS KKR & CO INC	$61.3M	667.8K	2.33%	—
13	B BF-B BROWN FORMAN CORP	$58.4M	2.13M	2.22%	Trimmed(-17.4%)
14	B BF-B BROWN FORMAN CORP	$36.8M	1.38M	1.40%	Trimmed(-12.5%)
15	V V VISA INC	$3.6M	10.5K	0.14%	Added(+1.9%)
16	S SPGI S&P GLOBAL INC	$3M	7.4K	0.11%	Added(+1.4%)
17	C CP CANADIAN PACIFIC KANSAS CITY	$2.6M	30.0K	0.10%	Unchanged
18	A AXP AMERICAN EXPRESS CO	$2.6M	7.6K	0.10%	Trimmed(-15.6%)
19	E EFX EQUIFAX INC	$1.9M	11.8K	0.07%	Added(+2.6%)
20	V VRSK VERISK ANALYTICS INC	$1.7M	9.5K	0.06%	Added(+13.1%)

G

ALPHABET INC

-24.5%

Value

$459.9M

Shares

1.29M

% Port

17.49%

T

TKO GROUP HOLDINGS INC

-14.3%

Value

$422.5M

Shares

2.10M

% Port

16.07%

F

FAIR ISAAC CORP

-9.3%

Value

$270.2M

Shares

226.2K

% Port

10.28%

T

THERMO FISHER SCIENTIFIC INC

-16.6%

Value

$258M

Shares

514.5K

% Port

9.81%

D

DISNEY WALT CO

-18.7%

Value

$251M

Shares

2.61M

% Port

9.55%

I

INTUIT

-9.1%

Value

$174.1M

Shares

666.9K

% Port

6.62%

M

MONDELEZ INTL INC

-28.0%

Value

$148.4M

Shares

2.57M

% Port

5.64%

P

PEPSICO INC

-19.9%

Value

$138.6M

Shares

1.02M

% Port

5.27%

P

PAYPAL HLDGS INC

-24.3%

Value

$136.6M

Shares

3.16M

% Port

5.20%

E

EBAY INC.

-42.1%

Value

$124.7M

Shares

1.12M

% Port

4.74%

?

11.N/A

MANCHESTER UTD PLC NEW

-12.2%

Value

$63.3M

Shares

2.76M

% Port

2.41%

K

KKR & CO INC

Value

$61.3M

Shares

667.8K

% Port

2.33%

B

BROWN FORMAN CORP

-17.4%

Value

$58.4M

Shares

2.13M

% Port

2.22%

B

BROWN FORMAN CORP

-12.5%

Value

$36.8M

Shares

1.38M

% Port

1.40%

V

15.V

VISA INC

+1.9%

Value

$3.6M

Shares

10.5K

% Port

0.14%

S

S&P GLOBAL INC

+1.4%

Value

$3M

Shares

7.4K

% Port

0.11%

C

17.CP

CANADIAN PACIFIC KANSAS CITY

Unchanged

Value

$2.6M

Shares

30.0K

% Port

0.10%

A

18.AXP

AMERICAN EXPRESS CO

-15.6%

Value

$2.6M

Shares

7.6K

% Port

0.10%

E

19.EFX

EQUIFAX INC

+2.6%

Value

$1.9M

Shares

11.8K

% Port

0.07%

V

VERISK ANALYTICS INC

+13.1%

Value

$1.7M

Shares

9.5K

% Port

0.06%

View full portfolio (28 holdings) →

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