13F filing recap · Q4 2016

What did Lindsell Train buy in Q4 2016?

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

Stock value

$2.04B

Positions

Estimated turnover

3.5%

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.$524.64Mreported value+127.0K shares+1.1%PYPLPayPal Holdings, Inc.$238.78Mreported value+183.0K shares+3.1%PEPPepsico, Inc.$172.38Mreported value+76.8K shares+4.9%EBAYEbay Inc.$129.90Mreported value+480.0K shares+12.3%WWEWorld Wrestling Entertainment Inc$123.24Mreported value+480.0K shares+7.7%BF-ABrown-Forman Corp$60.15Mreported value+46.0K shares+3.7%ISCAInternational Speedway Corporation$19.33Mreported value+60.0K shares+12.9%

Reduced positions

DPSDr Pepper Snapple Group, Inc.$246.80Mreported value-1.6K shares-0.1%INTUIntuit Inc.$227.29Mreported value-49.0K shares-2.4%DISWalt Disney Co/$208.37Mreported value-168.0K shares-7.8%