13F filing recap · Q1 2019

What did Lindsell Train buy in Q1 2019?

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

Stock value

$5.17B

Positions

Estimated turnover

5.5%

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.$1.59Breported value+1.13M shares+3.7%PYPLPayPal Holdings, Inc.$671.26Mreported value+14.8K shares+0.2%DISWalt Disney Co/$585.26Mreported value+866.7K shares+19.7%PEPPepsico, Inc.$522.33Mreported value+702.0K shares+19.7%EBAYEbay Inc.$329.40Mreported value+23.0K shares+0.3%MANUManchester United Plc$210.31Mreported value+14.2K shares+0.1%BF-ABrown-Forman Corp$107.37Mreported value+159.2K shares+8.2%BF.BBrown-Forman Corp$15.38Mreported value+50.0K shares+20.7%

Reduced positions

INTUIntuit Inc.$573.79Mreported value-10.4K shares-0.5%WWEWorld Wrestling Entertainment Inc$517.42Mreported value-25.0K shares-0.4%ISCAInternational Speedway Corporation$46.99Mreported value-6.0K shares-0.6%