13F filing recap · Q2 2018

What did Lindsell Train buy in Q2 2018?

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

Stock value

$4.03B

Positions

Estimated turnover

12.0%

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.$1.05Breported value+2.11M shares+9.0%DISWalt Disney Co/$425.91Mreported value+315.1K shares+8.4%PEPPepsico, Inc.$378.11Mreported value+298.0K shares+9.4%EBAYEbay Inc.$223.27Mreported value+317.0K shares+5.4%MANUManchester United Plc$166.92Mreported value+182.1K shares+2.3%ISCAInternational Speedway Corporation$38.13Mreported value+109.7K shares+14.8%

Reduced positions

PYPLPayPal Holdings, Inc.$493.08Mreported value-556.0K shares-8.6%WWEWorld Wrestling Entertainment Inc$443.97Mreported value-1.04M shares-14.5%INTUIntuit Inc.$420.42Mreported value-400.4K shares-16.3%DPSDr Pepper Snapple Group, Inc.$309.00Mreported value-666.8K shares

Exited positions

KHCKraft Heinz Co$4.86Mprior reported value-78.0K shares-100.0%