13F filing recap · Q1 2014

What did Lindsell Train buy in Q1 2014?

Reported stock-position changes between this filing and the previous one.

Stock value

$749.77M

Positions

Estimated turnover

11.5%

Turnover is a proxy: verified trade-origin share changes valued at period-end and divided by average reported stock value. SEC holdings reports do not disclose execution dates or prices. Corporate actions and unreconciled activity are excluded.

Increased positions

MDLZMondelez International, Inc.$159.75Mreported value+892.0K shares+23.9%EBAYEbay Inc.$130.73Mreported value+344.8K shares+17.1%DPSDr Pepper Snapple Group, Inc.$126.94Mreported value+204.5K shares+9.6%DISWalt Disney Co/$86.63Mreported value+55.0K shares+5.4%INTUIntuit Inc.$79.71Mreported value+73.5K shares+7.7%KFTKraft Foods Group Inc$59.93Mreported value+116.5K shares+12.2%BF-ABrown-Forman Corp$43.26Mreported value+10.0K shares+2.1%HSYHershey Co$6.24Mreported value+3.0K shares+5.3%