13F filing recap · Q4 2022

What did Lindsell Train buy in Q4 2022?

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

Stock value

$5.26B

Positions

Estimated turnover

3.3%

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

FICOFair Isaac Corp$556.84Mreported value+14.9K shares+1.6%MANUManchester United Plc$257.01Mreported value+93.5K shares+0.9%ELEstee Lauder Companies Inc$2.34Mreported value+625 shares+7.1%ADBEAdobe Inc.$1.01Mreported value+510 shares+20.4%

Reduced positions

MDLZMondelez International, Inc.$1.33Breported value-853.0K shares-4.1%PEPPepsico, Inc.$643.68Mreported value-161.8K shares-4.3%INTUIntuit Inc.$565.62Mreported value-56.7K shares-3.8%WWEWorld Wrestling Entertainment Inc$511.33Mreported value-611.4K shares