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Lindsell Train Ltd Lindsell Train

London, X0 20 processed 13Fs on this site, 2021 Q3 to 2026 Q2

  • $2.6B
  • 28 holdings
  • 2026 Q2
  • −16.2% QoQ
  • Top 5 63.3%

Portfolio

2026 Q2, filed 7/15/2026, top 12 of 28 holdings

Top 5 63.3%, top 10 90.7%

AUM over time

2026 Q2 $2.6B −16.2% QoQ
2021 Q3: $7.2B 2021 Q3: $7.2B
Q3 2021
2021 Q4: $6.9B, −4.7% QoQ 2021 Q4: $6.9B, −4.7% QoQ
Q4
2022 Q1: $6.3B, −8.0% QoQ 2022 Q1: $6.3B, −8.0% QoQ
Q1 2022
2022 Q2: $5.1B, −19.6% QoQ 2022 Q2: $5.1B, −19.6% QoQ
Q2
2022 Q3: $4.9B, −3.5% QoQ 2022 Q3: $4.9B, −3.5% QoQ
Q3
2022 Q4: $5.3B, +6.9% QoQ 2022 Q4: $5.3B, +6.9% QoQ
Q4
2023 Q1: $5.7B, +9.0% QoQ 2023 Q1: $5.7B, +9.0% QoQ
Q1 2023
2023 Q2: $5.6B, −2.1% QoQ 2023 Q2: $5.6B, −2.1% QoQ
Q2
2023 Q3: $5B, −11.3% QoQ 2023 Q3: $5B, −11.3% QoQ
Q3
2023 Q4: $5.2B, +3.5% QoQ 2023 Q4: $5.2B, +3.5% QoQ
Q4
2024 Q1: $4.8B, −7.7% QoQ 2024 Q1: $4.8B, −7.7% QoQ
Q1 2024
2024 Q2: $4.3B, −8.9% QoQ 2024 Q2: $4.3B, −8.9% QoQ
Q2
2024 Q3: $4.4B, +2.2% QoQ 2024 Q3: $4.4B, +2.2% QoQ
Q3
2024 Q4: $4B, −9.7% QoQ 2024 Q4: $4B, −9.7% QoQ
Q4
2025 Q1: $4B, 0.0% QoQ 2025 Q1: $4B, 0.0% QoQ
Q1 2025
2025 Q2: $4.2B, +6.0% QoQ 2025 Q2: $4.2B, +6.0% QoQ
Q2
2025 Q3: $4.1B, −3.9% QoQ 2025 Q3: $4.1B, −3.9% QoQ
Q3
2025 Q4: $3.9B, −3.3% QoQ 2025 Q4: $3.9B, −3.3% QoQ
Q4
2026 Q1: $3.1B, −20.4% QoQ 2026 Q1: $3.1B, −20.4% QoQ
Q1 2026
2026 Q2: $2.6B, −16.2% QoQ 2026 Q2: $2.6B, −16.2% QoQ
Q2

Book

2022 Q1 2021 Q4, filed 11 May, long equity only

MDLZ, Mondelez 24.94%, was 25.36% Reduce −4.5% 25,210,468 $62.78 $1.6B −1,177,895 −$167M
PEP, PepsiCo 11.94%, was 12.45% Reduce −8.4% 4,528,860 $167.35 $758M −416,750 −$101M
INTU, Intuit 11.80% Add +0.2% 1,558,456 $480.66 $749M +2,550 −$252M
DIS, Disney 11.66%, was 12.45% Reduce −2.7% 5,395,590 $137.18 $740M −150,150 −$119M
World Wrestling Entertainment 10.61% Reduce −5.4% 10,785,957 $62.45 $674M −615,057 +$111M
PYPL, PayPal 9.58% Add +25.4% 5,259,462 $115.64 $608M +1,066,000 −$183M
EBAY, eBay 7.55%, was 8.34% Reduce −3.3% 8,371,371 $57.26 $479M −287,000 −$96M
FICO, Fair Isaac 5.12% New 696,558 $466.80 $325M +696,558 +$325M
BF.A, Brown-Forman Class A 2.93%, was 2.88% Add +1.1% 2,959,172 $62.83 $186M +32,276 −$13M
MANU, Manchester United 2.41% Reduce −2.3% 10,596,176 $14.47 $153M −251,164 −$1.2M
Cazoo Group 0.72% Hold 16,580,689 $2.77 $46M — —
BF.B, Brown-Forman Class B 0.31% Hold 290,307 $67.04 $19M — —
EL, Estee Lauder 0.04% Hold 8,800 $272.39 $2.4M — —
EFX, Equifax 0.04% Hold 9,400 $237.23 $2.2M — —
GOOGL, Alphabet 0.04% Hold 800 $2,781 $2.2M — —
AXP, American Express 0.03% Hold 11,600 $186.98 $2.2M — —
NKE, Nike 0.03% Hold 13,900 $134.60 $1.9M — —
SPGI, S&P Global 0.03% Hold 4,400 $410.23 $1.8M — —
ORCL, Oracle 0.02% Hold 18,600 $82.74 $1.5M — —
TROW, T. Rowe Price 0.02% Hold 9,600 $151.15 $1.5M — —
JNJ, Johnson & Johnson 0.02% Hold 7,900 $177.22 $1.4M — —
VRSK, Verisk 0.02% Hold 6,500 $214.62 $1.4M — —
CME, CME Group 0.02% Hold 5,600 $237.86 $1.3M — —
V, Visa 0.02% Hold 5,900 $222.37 $1.3M — —
KO, Coca-Cola 0.02% Hold 21,100 $61.99 $1.3M — —
CL, Colgate-Palmolive 0.02% Hold 16,900 $75.80 $1.3M — —
ADBE, Adobe 0.02% Hold 2,500 $455.60 $1.1M — —
HSY, Hershey 0.02% Hold 5,100 $216.67 $1.1M — —
MSGS, MSG Sports 0.01% Hold 3,300 $179.39 $592K — —

Weight bar: held both quarters added sold at this quarter’s reported price

* Reported price is value ÷ shares from the 13F as of period end, not a live market quote. Weight % is each long-equity position ÷ full 13F AUM, so rows may not sum to 100% when the filing includes options or other non-equity (excluded from this table). Share change and $ change are vs 2021 Q4. Click a column header to sort, or New, Hold, Add or Reduce to bring those moves to the top.

Filings history

20 periods, with AUM normalized

Period Holds AUM QoQ Form Filed Filing ID
2026 Q2 28 $2.6B −16.2% 13F-HR 7/15/2026 000117266126002623
2026 Q1 27 $3.1B −20.4% 13F-HR 4/24/2026 000117266126001535
2025 Q4 28 $3.9B −3.3% 13F-HR 2/11/2026 000117266126000625
2025 Q3 28 $4.1B −3.9% 13F-HR 11/12/2025 000117266125004712
2025 Q2 29 $4.2B +6.0% 13F-HR 8/8/2025 000117266125002977
2025 Q1 29 $4B 0.0% 13F-HR 5/15/2025 000117266125001932
2024 Q4 28 $4B −9.7% 13F-HR 1/21/2025 000117266125000270
2024 Q3 29 $4.4B +2.2% 13F-HR 10/17/2024 000117266124004289
2024 Q2 29 $4.3B −8.9% 13F-HR 7/23/2024 000117266124002860
2024 Q1 30 $4.8B −7.7% 13F-HR 5/10/2024 000117266124002147
2023 Q4 30 $5.2B +3.5% 13F-HR 2/13/2024 000117266124000757
2023 Q3 30 $5B −11.3% 13F-HR 11/9/2023 000117266123003708
2023 Q2 29 $5.6B −2.1% 13F-HR 8/14/2023 000117266123003185
2023 Q1 29 $5.7B +9.0% 13F-HR 5/12/2023 000148415023000002
2022 Q4 29 $5.3B +6.9% 13F-HR 1/27/2023 000148415023000001
2022 Q3 29 $4.9B −3.5% 13F-HR 11/14/2022 000148415022000004
2022 Q2 29 $5.1B −19.6% 13F-HR 8/11/2022 000148415022000003
2022 Q1 29 $6.3B −8.0% 13F-HR 5/11/2022 000148415022000002
2021 Q4 28 $6.9B −4.7% 13F-HR 2/14/2022 000148415022000001
2021 Q3 27 $7.2B — 13F-HR 11/12/2021 000148415021000008

About

Lindsell Train Ltd

20 processed 13Fs on this site, 2021 Q3 to 2026 Q2

Notable person
Lindsell Train
SEC filing name
Lindsell Train Ltd
Location
London, X0
All SEC filings
View on sec.gov