13F filing recap · Q4 2019

What did AKO Capital buy in Q4 2019?

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

Stock value

$4.65B

Positions

Estimated turnover

15.1%

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

CHKPCheck Point Software Technologies Ltd.$86.71Mreported value+781.5K shares

Increased positions

GRFSGrifols SA$288.95Mreported value+246.9K shares+2.0%UTXRtx Corporation$276.94Mreported value+310.0K shares+20.1%NKENike, Inc.$257.87Mreported value+108.8K shares+4.5%VVisa Inc.$256.68Mreported value+137.1K shares

Reduced positions

LINLinde Plc$559.82Mreported value-47.0K shares-1.8%RACEFerrari N.v.$406.54Mreported value-107.4K shares-4.2%ELEstee Lauder Companies Inc$193.96Mreported value-37.0K shares-3.8%AXPAmerican Express Co$157.70Mreported value-193.3K shares

Exited positions

MARMarriott International Inc /md/$155.90Mprior reported value-1.25M shares-100.0%