13F filing recap · Q1 2017

What did Lindsell Train buy in Q1 2017?

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

Stock value

$2.29B

Positions

Estimated turnover

8.5%

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.$624.99Mreported value+2.74M shares+23.3%PYPLPayPal Holdings, Inc.$270.25Mreported value+232.2K shares+3.8%INTUIntuit Inc.$247.15Mreported value+147.6K shares+7.4%DISWalt Disney Co/$233.69Mreported value+61.6K shares+3.1%PEPPepsico, Inc.$192.96Mreported value+77.5K shares+4.7%WWEWorld Wrestling Entertainment Inc$151.01Mreported value+98.6K shares+1.5%EBAYEbay Inc.$147.78Mreported value+27.0K shares+0.6%BF-ABrown-Forman Corp$64.96Mreported value+79.6K shares+6.1%ISCAInternational Speedway Corporation$19.71Mreported value+8.2K shares+1.6%

Reduced positions

DPSDr Pepper Snapple Group, Inc.$255.92Mreported value-108.4K shares-4.0%KHCKraft Heinz Co$83.55Mreported value-50.0K shares-5.2%