Filed: 11/12/2025ACC: 0001172661-25-004712
📋 What this filing means
LINDSELL TRAIN LTD filed this quarterly 13F‑HR report disclosing 28 equity positions with a total reported market value of $4.08B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
28
Positions
$4.08B
Total AUM (reported)
33.68M
Total Shares
Allocation by class
COM$2.43B59.6%
CL A$986.80M24.2%
CAP STK CL A$543.11M13.3%
ORD CL A$66.26M1.6%
CL B$46.10M1.1%
COM CL A$3.41M0.1%
Portfolio Concentration
Top 3$1.57B38.4%
4–10$2.30B56.3%
11–25$211.55M5.2%
Rest$3.18M0.1%
Top 3 weight
38.4%
Top 10 weight
94.7%
Voting Authority Distribution
Total shares with voting rights: 33.68M
Sole
Full voting authority
31.18M
shares
% of voting shares92.6%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
2.51M
shares
% of voting shares7.4%
Investment Discretion (by position count)
Sole28
Shared0
Other0
Dominant voting typeSole · 92.6% of voting shares
Institutional Holdings28
Rows:
TKO GROUP HOLDINGS INC
SOLEShares2.95M
TypeSH
Market value$596.73M
14.64%
Sole
2.71M
Shared
0.00
None
246.01K
ALPHABET INC
SOLEShares2.23M
TypeSH
Market value$543.11M
13.32%
Sole
2.08M
Shared
0.00
None
158.73K
DISNEY WALT CO
SOLEShares3.73M
TypeSH
Market value$426.61M
10.47%
Sole
3.41M
Shared
0.00
None
318.16K
INTUIT
SOLEShares611.81K
TypeSH
Market value$417.81M
10.25%
Sole
558.57K
Shared
0.00
None
53.24K
THERMO FISHER SCIENTIFIC INC
SOLEShares817.53K
TypeSH
Market value$396.52M
9.73%
Sole
751.81K
Shared
0.00
None
65.72K
FAIR ISAAC CORP
SOLEShares222.96K
TypeSH
Market value$333.66M
8.18%
Sole
203.62K
Shared
0.00
None
19.34K
MONDELEZ INTL INC
SOLEShares5.03M
TypeSH
Market value$314.15M
7.71%
Sole
4.68M
Shared
0.00
None
349.44K
PEPSICO INC
SOLEShares2.20M
TypeSH
Market value$309.20M
7.59%
Sole
2.03M
Shared
0.00
None
173.39K
PAYPAL HLDGS INC
SOLEShares4.48M
TypeSH
Market value$300.67M
7.38%
Sole
4.20M
Shared
0.00
None
284.89K
EBAY INC.
SOLEShares2.46M
TypeSH
Market value$223.29M
5.48%
Sole
2.26M
Shared
0.00
None
191.03K
BROWN FORMAN CORP
SOLEShares2.74M
TypeSH
Market value$73.81M
1.81%
Sole
2.60M
Shared
0.00
None
145.54K
MANCHESTER UTD PLC NEW
SOLEShares4.38M
TypeSH
Market value$66.26M
1.63%
Sole
4.07M
Shared
0.00
None
306K
BROWN FORMAN CORP
SOLEShares1.65M
TypeSH
Market value$44.68M
1.10%
Sole
1.45M
Shared
0.00
None
196.72K
VISA INC
SOLEShares10K
TypeSH
Market value$3.41M
0.08%
Sole
10K
Shared
0.00
None
0.00
AMERICAN EXPRESS CO
SOLEShares10.20K
TypeSH
Market value$3.39M
0.08%
Sole
10.20K
Shared
0.00
None
0.00
S&P GLOBAL INC
SOLEShares6.50K
TypeSH
Market value$3.16M
0.08%
Sole
6.50K
Shared
0.00
None
0.00
EQUIFAX INC
SOLEShares10.50K
TypeSH
Market value$2.69M
0.07%
Sole
10.50K
Shared
0.00
None
0.00
ORACLE CORP
SOLEShares9K
TypeSH
Market value$2.53M
0.06%
Sole
9K
Shared
0.00
None
0.00
CANADIAN PACIFIC KANSAS CITY
SOLEShares28.50K
TypeSH
Market value$2.12M
0.05%
Sole
28.50K
Shared
0.00
None
0.00
CME GROUP INC
SOLEShares7.40K
TypeSH
Market value$2.00M
0.05%
Sole
7.40K
Shared
0.00
None
0.00
VERISK ANALYTICS INC
SOLEShares7.50K
TypeSH
Market value$1.89M
0.05%
Sole
7.50K
Shared
0.00
None
0.00
ADOBE INC
SOLEShares4.50K
TypeSH
Market value$1.59M
0.04%
Sole
4.50K
Shared
0.00
None
0.00
NIKE INC
SOLEShares20.40K
TypeSH
Market value$1.42M
0.03%
Sole
20.40K
Shared
0.00
None
0.00
LAUDER ESTEE COS INC
SOLEShares15.50K
TypeSH
Market value$1.37M
0.03%
Sole
15.50K
Shared
0.00
None
0.00
PRICE T ROWE GROUP INC
SOLEShares12K
TypeSH
Market value$1.23M
0.03%
Sole
12K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
TKO GROUP HOLDINGS INCSOLE | CL A | 2.95M | SH | $596.73M 14.64% | 2.71M | 0.00 | 246.01K |
ALPHABET INCSOLE | CAP STK CL A | 2.23M | SH | $543.11M 13.32% | 2.08M | 0.00 | 158.73K |
DISNEY WALT COSOLE | COM | 3.73M | SH | $426.61M 10.47% | 3.41M | 0.00 | 318.16K |
INTUITSOLE | COM | 611.81K | SH | $417.81M 10.25% | 558.57K | 0.00 | 53.24K |
THERMO FISHER SCIENTIFIC INCSOLE | COM | 817.53K | SH | $396.52M 9.73% | 751.81K | 0.00 | 65.72K |
FAIR ISAAC CORPSOLE | COM | 222.96K | SH | $333.66M 8.18% | 203.62K | 0.00 | 19.34K |
MONDELEZ INTL INCSOLE | CL A | 5.03M | SH | $314.15M 7.71% | 4.68M | 0.00 | 349.44K |
PEPSICO INCSOLE | COM | 2.20M | SH | $309.20M 7.59% | 2.03M | 0.00 | 173.39K |
PAYPAL HLDGS INCSOLE | COM | 4.48M | SH | $300.67M 7.38% | 4.20M | 0.00 | 284.89K |
EBAY INC.SOLE | COM | 2.46M | SH | $223.29M 5.48% | 2.26M | 0.00 | 191.03K |
BROWN FORMAN CORPSOLE | CL A | 2.74M | SH | $73.81M 1.81% | 2.60M | 0.00 | 145.54K |
MANCHESTER UTD PLC NEWSOLE | ORD CL A | 4.38M | SH | $66.26M 1.63% | 4.07M | 0.00 | 306K |
BROWN FORMAN CORPSOLE | CL B | 1.65M | SH | $44.68M 1.10% | 1.45M | 0.00 | 196.72K |
VISA INCSOLE | COM CL A | 10K | SH | $3.41M 0.08% | 10K | 0.00 | 0.00 |
AMERICAN EXPRESS COSOLE | COM | 10.20K | SH | $3.39M 0.08% | 10.20K | 0.00 | 0.00 |
S&P GLOBAL INCSOLE | COM | 6.50K | SH | $3.16M 0.08% | 6.50K | 0.00 | 0.00 |
EQUIFAX INCSOLE | COM | 10.50K | SH | $2.69M 0.07% | 10.50K | 0.00 | 0.00 |
ORACLE CORPSOLE | COM | 9K | SH | $2.53M 0.06% | 9K | 0.00 | 0.00 |
CANADIAN PACIFIC KANSAS CITYSOLE | COM | 28.50K | SH | $2.12M 0.05% | 28.50K | 0.00 | 0.00 |
CME GROUP INCSOLE | COM | 7.40K | SH | $2.00M 0.05% | 7.40K | 0.00 | 0.00 |
VERISK ANALYTICS INCSOLE | COM | 7.50K | SH | $1.89M 0.05% | 7.50K | 0.00 | 0.00 |
ADOBE INCSOLE | COM | 4.50K | SH | $1.59M 0.04% | 4.50K | 0.00 | 0.00 |
NIKE INCSOLE | CL B | 20.40K | SH | $1.42M 0.03% | 20.40K | 0.00 | 0.00 |
LAUDER ESTEE COS INCSOLE | CL A | 15.50K | SH | $1.37M 0.03% | 15.50K | 0.00 | 0.00 |
PRICE T ROWE GROUP INCSOLE | COM | 12K | SH | $1.23M 0.03% | 12K | 0.00 | 0.00 |
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