13F filing recap · Q1 2020

What did Lindsell Train buy in Q1 2020?

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

Stock value

$4.69B

Positions

Estimated turnover

8.8%

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

DISWalt Disney Co/$557.03Mreported value+218.0K shares+3.9%WWEWorld Wrestling Entertainment Inc$310.90Mreported value+127.0K shares+1.4%MANUManchester United Plc$170.05Mreported value+19.8K shares+0.2%BF-ABrown-Forman Corp$128.35Mreported value+18.7K shares+0.8%

Reduced positions

MDLZMondelez International, Inc.$1.49Breported value-3.19M shares-9.7%PYPLPayPal Holdings, Inc.$638.37Mreported value-1.07M shares-13.8%INTUIntuit Inc.$542.48Mreported value-384.5K shares-14.0%PEPPepsico, Inc.$533.51Mreported value-511.0K shares