We are live on ! Find out more
LT

Lindsell Train Portfolio holdings

AUM $2.63B
1-Year Est. Return 2.97%
This Fund
S&P 500
This Quarter Est. Return
+6.37%
1 Year Est. Return
+2.97%
3 Year Est. Return
+39.94%
5 Year Est. Return
+50.54%
10 Year Est. Return
+329.56%
AUM
$3.94B
AUM Growth
-$133M
Cap. Flow
-$326M
Cap. Flow %
-8.27%
Top 10 Hldgs %
94.87%
Holding
28
New
–
Increased
4
Reduced
14
Closed
–
Avg Time Held
26.4 quarters
Top 10 Avg Time Held
31.3 quarters
Top 20 Avg Time Held
25.6 quarters

Top Buys

Rank Stock Value
1
ADBE icon
Adobe
ADBE
+$272K
2
SPGI icon
S&P Global
SPGI
+$148K
3
CP icon
Canadian Pacific Kansas City
CP
+$110K
4
EFX icon
Equifax
EFX
+$109K

Top Sells

Rank Stock Value
1
TMO icon
Thermo Fisher Scientific
TMO
+$72.4M
2
PEP icon
PepsiCo
PEP
+$58.7M
3
GOOGL icon
Alphabet (Google) Class A
GOOGL
+$41.6M
4
EBAY icon
eBay
EBAY
+$32.5M
5
MDLZ icon
Mondelez International
MDLZ
+$31.6M

Sector Composition

Rank Sector Weight
1 Communication Services 43.04%
2 Technology 19.63%
3 Consumer Staples 15.69%
4 Healthcare 10.13%
5 Financials 6.72%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow Held Since
GOOGL icon
1
Alphabet (Google) Class A
GOOGL
$4.3T
$654M 16.58%
2,088,598
-145,500
-7% -$41.6M
2025 Q1
3 quarters
TKO icon
2
TKO Group
TKO
$12.6B
$589M 14.95%
2,820,204
-134,500
-5% -$26.1M
2023 Q3
9 quarters
INTU icon
3
Intuit
INTU
$81.4B
$404M 10.25%
610,251
-1,559
-0.3% -$1.03M
2013 Q2
50 quarters
TMO icon
4
Thermo Fisher Scientific
TMO
$249B
$400M 10.13%
689,503
-128,026
-16% -$72.4M
2024 Q4
4 quarters
DIS icon
5
Walt Disney
DIS
$187B
$396M 10.05%
3,481,830
-244,000
-7% -$26.9M
2013 Q2
50 quarters
FICO icon
6
Fair Isaac
FICO
$15.3B
$366M 9.29%
216,593
-6,362
-3% -$11M
2022 Q1
15 quarters
PEP icon
7
PepsiCo
PEP
$176B
$259M 6.56%
1,801,971
-399,700
-18% -$58.7M
2015 Q2
42 quarters
PYPL icon
8
PayPal
PYPL
$47.8B
$251M 6.36%
4,298,618
-185,000
-4% -$12M
2015 Q3
41 quarters
MDLZ icon
9
Mondelez International
MDLZ
$79.8B
$241M 6.12%
4,479,854
-548,933
-11% -$31.6M
2013 Q2
50 quarters
EBAY icon
10
eBay
EBAY
$52.2B
$181M 4.59%
2,079,079
-376,000
-15% -$32.5M
2013 Q2
50 quarters
BF.A icon
11
Brown-Forman Class A
BF.A
$13.1B
$72.2M 1.83%
2,742,740
– –
2013 Q2
50 quarters
MANU icon
12
Manchester United
MANU
$3.57B
$57.3M 1.45%
3,596,500
-780,000
-18% -$12.6M
2017 Q3
33 quarters
BF.B icon
13
Brown-Forman Class B
BF.B
$12.9B
$43M 1.09%
1,649,764
– –
2018 Q1
31 quarters
AXP icon
14
American Express
AXP
$207B
$3.63M 0.09%
9,800
-400
-4% -$143K
2020 Q2
22 quarters
SPGI icon
15
S&P Global
SPGI
$120B
$3.55M 0.09%
6,800
+300
+5% +$148K
2020 Q2
22 quarters
V icon
16
Visa
V
$738B
$3.51M 0.09%
10,000
– –
2020 Q2
22 quarters
EFX icon
17
Equifax
EFX
$17.5B
$2.39M 0.06%
11,000
+500
+5% +$109K
2020 Q2
22 quarters
CP icon
18
Canadian Pacific Kansas City
CP
$75.1B
$2.21M 0.06%
30,000
+1,500
+5% +$110K
2025 Q1
3 quarters
CME icon
19
CME Group
CME
$102B
$2.02M 0.05%
7,400
– –
2020 Q2
22 quarters
ADBE icon
20
Adobe
ADBE
$92.5B
$1.85M 0.05%
5,300
+800
+18% +$272K
2020 Q2
22 quarters
ORCL icon
21
Oracle
ORCL
$404B
$1.75M 0.04%
9,000
– –
2020 Q2
22 quarters
VRSK icon
22
Verisk Analytics
VRSK
$23.3B
$1.68M 0.04%
7,500
– –
2020 Q2
22 quarters
EL icon
23
Estee Lauder
EL
$36.6B
$1.62M 0.04%
15,500
– –
2020 Q2
22 quarters
NKE icon
24
Nike
NKE
$51.7B
$1.3M 0.03%
20,400
– –
2020 Q2
22 quarters
TROW icon
25
T. Rowe Price
TROW
$21.1B
$1.23M 0.03%
12,000
– –
2020 Q2
22 quarters
1
2

Similar funds

MIAS
Mason Investment Advisory Services Reston, Virginia $2.63B AUM 41.49% 1-Year Est. Return
BB
Bell Bank Fargo, North Dakota $2.62B AUM 23.93% 1-Year Est. Return
NSUP
NLB Skladi upravljanje premozenja Ljubljana $2.64B AUM
FFH
Fairfax Financial Holdings Toronto, Ontario, Canada $2.64B AUM 24.46% 1-Year Est. Return
ACM
Anomaly Capital Management New York $2.62B AUM 23.26% 1-Year Est. Return
CFM
Coronation Fund Managers Cape Town, South Africa $2.62B AUM 17.1% 1-Year Est. Return
RAM
RWC Asset Management London, United Kingdom $2.64B AUM 33.18% 1-Year Est. Return
PUI
Purpose Unlimited Inc Toronto $2.62B AUM

Lindsell Train's Q4 2025 Portfolio in Review

As of Q4 2025, Lindsell Train held 28 positions worth $3.94B, down 3.3% from $4.08B the previous quarter. Its ten largest holdings account for 95% of the portfolio.

Lindsell Train withdrew a net $326M in Q4 2025, reducing 14 holdings. Its largest reduction was Thermo Fisher Scientific, cutting an estimated $72.4M.

By sector, the portfolio is most concentrated in Communication Services at 43% of assets, up from 40% a quarter earlier, followed by Technology and Consumer Staples.

Against the trend, Lindsell Train added an estimated $272K to Adobe.

  • Lindsell Train added most to Adobe in Q4 2025, an estimated $272K increase.
  • Lindsell Train's biggest Q4 2025 reduction was Thermo Fisher Scientific, cutting an estimated $72.4M.
  • Lindsell Train's ten largest holdings make up 95% of its $3.94B portfolio in Q4 2025.
  • Lindsell Train opened 0 new positions and closed 0 in Q4 2025.
  • Lindsell Train's portfolio value fell 3.3% quarter-over-quarter to $3.94B.

Based on Lindsell Train's 13F filing for Q4 2025, filed 11 Feb 2026.