13F filing recap · Q3 2016

What did Lindsell Train buy in Q3 2016?

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

Stock value

$2.02B

Positions

Estimated turnover

10.1%

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.$511.01Mreported value+1.34M shares+13.0%PYPLPayPal Holdings, Inc.$240.36Mreported value+493.3K shares+9.2%INTUIntuit Inc.$223.56Mreported value+154.0K shares+8.2%DISWalt Disney Co/$201.26Mreported value+299.9K shares+16.1%PEPPepsico, Inc.$170.84Mreported value+280.0K shares+21.7%WWEWorld Wrestling Entertainment Inc$132.44Mreported value+100.0K shares+1.6%BF-ABrown-Forman Corp$62.41Mreported value+627.2K shares+100.0%

Reduced positions

DPSDr Pepper Snapple Group, Inc.$248.69Mreported value-23.0K shares-0.8%EBAYEbay Inc.$128.15Mreported value-152.0K shares-3.8%