13F filing recap · Q1 2022

What did Lindsell Train buy in Q1 2022?

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

Stock value

$6.35B

Positions

Estimated turnover

10.2%

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.

New positions

FICOFair Isaac Corp$325.15Mreported value+696.6K shares

Increased positions

INTUIntuit Inc.$749.08Mreported value+2.5K shares+0.2%PYPLPayPal Holdings, Inc.$608.23Mreported value+1.07M shares+25.4%BF-ABrown-Forman Corp$185.91Mreported value+32.3K shares+1.1%

Reduced positions

MDLZMondelez International, Inc.$1.58Breported value-1.18M shares-4.5%PEPPepsico, Inc.$757.90Mreported value-416.8K shares-8.4%DISWalt Disney Co/$740.19Mreported value-150.2K shares-2.7%WWEWorld Wrestling Entertainment Inc$673.58Mreported value-615.1K shares