13F filing recap · Q4 2017

What did AKO Capital buy in Q4 2017?

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

Stock value

$1.29B

Positions

Estimated turnover

14.9%

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

CMECme Group Inc.$42.51Mreported value+291.1K shares UTXRtx Corporation$41.73Mreported value+327.1K shares

Increased positions

RACEFerrari N.v.$434.10Mreported value+57.7K shares+1.4%PXPraxair, Inc.$65.63Mreported value+817 shares+0.2%GOOGAlphabet Inc.$59.49Mreported value+561 shares+1.0%ALLEAllegion Plc$59.37Mreported value+1.4K shares

Reduced positions

ELEstee Lauder Companies Inc$83.03Mreported value-53.1K shares-7.5%VVisa Inc.$70.29Mreported value-123.4K shares-16.7%MARMarriott International Inc /md/$62.30Mreported value-38.9K shares-7.8%CTSHCognizant Technology Solutions Corporation$54.20Mreported value-56.0K shares

Exited positions

MONMonsanto Company$29.77Mprior reported value-248.5K shares-100.0%