Nick Train Lindsell Train
Nick Train is a co-founder of Lindsell Train, a London-based firm known for concentrated ownership of high-quality consumer, media, and financial franchises. The firm favors long holding periods and businesses with durable brands or network effects. Train’s commentaries are popular among global quality investors.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Mondelez International
MDLZ
|
+$85M |
| 2 |
Walt Disney
DIS
|
+$32.2M |
| 3 |
PepsiCo
PEP
|
+$30.8M |
| 4 |
eBay
EBAY
|
+$12.3M |
| 5 |
ISCA
International Speedway Corp
ISCA
|
+$4.64M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Keurig Dr Pepper
KDP
|
+$80.1M |
| 2 |
Intuit
INTU
|
+$76.8M |
| 3 |
WWE
World Wrestling Entertainment
WWE
|
+$52.4M |
| 4 |
PayPal
PYPL
|
+$44.3M |
| 5 |
Brown-Forman Class B
BF.B
|
+$9M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Staples | 45.18% |
| 2 | Communication Services | 25.7% |
| 3 | Financials | 12.22% |
| 4 | Technology | 10.42% |
| 5 | Consumer Discretionary | 6.48% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Mondelez International
MDLZ
$82.3B
| $1.05B | 26% |
25,586,008
+2,114,548
| +9% | +$85M |
|
|
2
PayPal
PYPL
$52.7B
| $493M | 12.22% |
5,921,517
-556,000
| -9% | -$44.3M |
|
|
WWE
3
DELISTED
World Wrestling Entertainment
WWE
| $444M | 11% |
6,096,868
-1,036,000
| -15% | -$52.4M |
|
|
4
Walt Disney
DIS
$186B
| $426M | 10.56% |
4,063,629
+315,050
| +8% | +$32.2M |
|
|
5
Intuit
INTU
$100B
| $420M | 10.42% |
2,057,800
-400,400
| -16% | -$76.8M |
|
|
6
PepsiCo
PEP
$196B
| $378M | 9.37% |
3,473,000
+298,000
| +9% | +$30.8M |
|
|
7
Keurig Dr Pepper
KDP
$43.6B
| $309M | 7.66% |
2,532,800
-666,843
| -21% | -$80.1M |
|
|
8
eBay
EBAY
$46.3B
| $223M | 5.53% |
6,157,400
+317,000
| +5% | +$12.3M |
|
9
Manchester United
MANU
$4.1B
| $167M | 4.14% |
8,102,771
+182,130
| +2% | +$3.67M |
|
|
10
Brown-Forman Class A
BF.A
$13.3B
| $75.7M | 1.88% |
1,549,007
-8,230
| -0.5% | -$436K |
|
|
ISCA
11
DELISTED
International Speedway Corp
ISCA
| $38.1M | 0.95% |
853,100
+109,700
| +15% | +$4.64M |
|
|
12
Brown-Forman Class B
BF.B
$13.1B
| $11M | 0.27% |
224,800
-164,509
| -42% | -$9M |
|
13
Kraft Heinz
KHC
$30.3B
| – | – |
-78,000
| Closed | -$4.86M |
|
Similar funds
Nick Train's Q2 2018 Portfolio in Review
As of Q2 2018, Nick Train held 13 positions worth $4.03B, up 6.6% from $3.78B the previous quarter. Its ten largest holdings account for 99% of the portfolio.
Nick Train's Q2 2018 filing shows 6 increased, 6 reduced and 1 closed positions. The largest sale was Keurig Dr Pepper, an estimated $80.1M.
By sector, the portfolio is most concentrated in Consumer Staples at 45% of assets, down from 48% a quarter earlier, followed by Communication Services and Financials.
- Nick Train added most to Mondelez International in Q2 2018, an estimated $85M increase.
- Nick Train's biggest Q2 2018 reduction was Keurig Dr Pepper, cutting an estimated $80.1M.
- Nick Train fully exited Kraft Heinz in Q2 2018, selling an estimated $4.86M.
- Nick Train's ten largest holdings make up 99% of its $4.03B portfolio in Q2 2018.
- Nick Train opened 0 new positions and closed 1 in Q2 2018.
- Nick Train's portfolio value rose 6.6% quarter-over-quarter to $4.03B.
Based on Lindsell Train's 13F filing for Q2 2018, filed 3 Aug 2018.