Investor: Michael Lindsell & Nick Train
Number of Assets: 29
Reported Holdings: $4,000,701,335
Reporting Period: Q1 - 2025
Return Since Report: +$145,202,398
Return Since Report: +3.63%
Company | Position | Activity | Shares | Port. % | Rep. Price | Curr. Price | Rep. Value | Curr. Value | Return Value | Return % |
|---|---|---|---|---|---|---|---|---|---|---|
| Brown-Forman Corp. (BF-A) | Equity | -1.57% | 2,752,327 | 2.30% | $33.47 | $33.12 | $92,120,385 | $91,157,070 | -$963,315 | -1.05% |
| Brown-Forman Corp. (BF-B) | Equity | -3.62% | 1,575,426 | 1.34% | $33.94 | $33.21 | $53,469,958 | $52,319,897 | -$1,150,061 | -2.15% |
| Canadian Pacific Kansas City Limited (CP) | Equity | +100% | 12,150 | 0.02% | $70.21 | $82.21 | $853,052 | $998,852 | +$145,800 | +17.09% |
| CME Group Inc. (CME) | Equity | 0% | 8,600 | 0.06% | $265.29 | $282.31 | $2,281,494 | $2,427,866 | +$146,372 | +6.42% |
| The Coca-Cola Company (KO) | Equity | 0% | 21,100 | 0.04% | $71.62 | $71.16 | $1,511,182 | $1,501,476 | -$9,706 | -0.64% |
| Colgate-Palmolive Company (CL) | Equity | 0% | 20,100 | 0.05% | $93.70 | $90.62 | $1,883,370 | $1,821,462 | -$61,908 | -3.29% |
| The Walt Disney Company (DIS) | Equity | -3.98% | 4,280,841 | 10.56% | $98.70 | $113.60 | $422,519,007 | $486,303,538 | +$63,784,531 | +15.10% |
| Ebay Inc. (EBAY) | Equity | -7.57% | 3,370,021 | 5.71% | $67.73 | $75.95 | $228,251,522 | $255,953,095 | +$27,701,573 | +12.14% |
| Equifax Inc. (EFX) | Equity | 0% | 10,300 | 0.06% | $243.56 | $263.47 | $2,508,668 | $2,713,741 | +$205,073 | +8.17% |
| Fair Isaac Corp. (FICO) | Equity | -5.96% | 240,300 | 11.08% | $1,844.16 | $1,741.55 | $443,151,648 | $418,494,465 | -$24,657,183 | -5.56% |
| Adobe Inc. (ADBE) | Equity | 0% | 3,560 | 0.03% | $383.53 | $412.49 | $1,365,367 | $1,468,464 | +$103,097 | +7.55% |
| Alphabet Inc. (GOOGL) | Equity | +100% | 18,225 | 0.07% | $154.64 | $166.18 | $2,818,314 | $3,028,631 | +$210,317 | +7.46% |
| American Express Company (AXP) | Equity | 0% | 11,600 | 0.08% | $269.05 | $297.39 | $3,120,980 | $3,449,724 | +$328,744 | +10.53% |
| The Hershey Company (HSY) | Equity | 0% | 5,100 | 0.02% | $171.03 | $163.08 | $872,253 | $831,708 | -$40,545 | -4.65% |
| Intuit Inc. (INTU) | Equity | -3.72% | 741,017 | 11.37% | $613.99 | $764.66 | $454,977,028 | $566,626,059 | +$111,649,031 | +24.54% |
| The Estée Lauder Companies Inc. (EL) | Equity | 0% | 14,425 | 0.02% | $66.00 | $68.93 | $952,050 | $994,315 | +$42,265 | +4.44% |
| Madison Square Garden Sports Corp. (MSGS) | Equity | 0% | 3,300 | 0.02% | $194.72 | $189.34 | $642,576 | $624,822 | -$17,754 | -2.76% |
| Manchester United PLC (MANU) | Equity | -12.52% | 5,053,000 | 1.65% | $13.09 | $14.19 | $66,143,770 | $71,702,070 | +$5,558,300 | +8.40% |
| Mondelez International Inc. (MDLZ) | Equity | -28.44% | 6,018,722 | 10.21% | $67.85 | $67.04 | $408,370,288 | $403,495,123 | -$4,875,165 | -1.19% |
| Nike Inc. (NKE) | Equity | 0% | 20,400 | 0.03% | $63.48 | $62.37 | $1,294,992 | $1,272,348 | -$22,644 | -1.75% |
| Oracle Corp. (ORCL) | Equity | 0% | 19,200 | 0.07% | $139.81 | $169.14 | $2,684,352 | $3,247,488 | +$563,136 | +20.98% |
| Paypal Holdings Inc. (PYPL) | Equity | -2.61% | 4,171,092 | 6.80% | $65.25 | $71.33 | $272,163,753 | $297,523,992 | +$25,360,239 | +9.32% |
| Pepsico Inc. (PEP) | Equity | -3.99% | 2,454,237 | 9.20% | $149.94 | $131.85 | $367,988,296 | $323,591,148 | -$44,397,148 | -12.06% |
| T. Rowe Price Group Inc. (TROW) | Equity | 0% | 12,000 | 0.03% | $91.87 | $93.58 | $1,102,440 | $1,122,960 | +$20,520 | +1.86% |
| S&P Global Inc. (SPGI) | Equity | 0% | 5,900 | 0.07% | $508.10 | $512.30 | $2,997,790 | $3,022,570 | +$24,780 | +0.83% |
| Thermo Fisher Scientific Inc. (TMO) | Equity | +24.94% | 508,790 | 6.33% | $497.60 | $399.93 | $253,173,904 | $203,480,385 | -$49,693,519 | -19.63% |
| Tko Group Holdings Inc. (TKO) | Equity | -6.58% | 3,394,377 | 12.97% | $152.81 | $163.11 | $518,694,749 | $553,656,832 | +$34,962,083 | +6.74% |
| Verisk Analytics Inc. (VRSK) | Equity | 0% | 7,300 | 0.05% | $297.62 | $313.10 | $2,172,626 | $2,285,630 | +$113,004 | +5.20% |
| Visa Inc. (V) | Equity | 0% | 11,200 | 0.10% | $350.46 | $365.86 | $3,925,152 | $4,097,632 | +$172,480 | +4.39% |