Michael Lindsell, Nick Train - Lindsell Train Portfolio (Q2 2026)

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Lindsell Train, Michael Lindsell, Nick Train, has built a diversified portfolio of 28 publicly traded holdings with a total market value of $2.6B as of Jun 30, 2026. This comprehensive analysis examines the latest 13F filing data to understand the investment strategy and recent portfolio adjustments.

The portfolio demonstrates a concentrated approach to stock selection, with the top holding representing 17.5% of the total portfolio value. The top 5 holdings account for 63.2% of the overall portfolio allocation.

Recent portfolio activity shows 10 significant position adjustments, indicating active portfolio management and strategic repositioning. These changes reflect the investor's response to market conditions and evolving investment thesis.

Portfolio Statistics

28
Total Holdings
$2.6B
Portfolio Value
Jun 30, 2026
Latest Filing
17.5%
Largest Position

Top Holdings Analysis

The portfolio's top holdings reveal the investor's core investment thesis and sector preferences. The largest position in ALPHABET INC (GOOGL) represents 17.5% of the total portfolio, valued at $459.9M.

Rank Symbol Company Value Portfolio % Change
1 GOOGL ALPHABET INC $459.9M 17.5% -24.5%
2 TKO TKO GROUP HOLDINGS INC $422.5M 16.1% -14.3%
3 FICO FAIR ISAAC CORP $270.2M 10.3% -9.3%
4 TMO THERMO FISHER SCIENTIFIC INC $258.0M 9.8% -16.6%
5 DIS DISNEY WALT CO $251.0M 9.5% -18.7%

For a complete analysis of all holdings and detailed portfolio breakdown by sector and market cap, visit our comprehensive holdings page.

Recent Portfolio Activity

Recent portfolio adjustments provide insights into the investor's evolving strategy and market outlook. The following table shows the top 10 most significant position changes from recent reporting periods (out of 137 total transactions), sorted by the magnitude of change.

For a complete history of all portfolio transactions and detailed activity analysis, visit our comprehensive activity page.

Symbol Company Quantity Change Date Action
PYPL PayPal Holdings, Inc. -1,016,951 Jun 30, 2026 SELL
MDLZ Mondelez International, Inc. -996,511 Jun 30, 2026 SELL
EBAY eBay Inc. -811,484 Jun 30, 2026 SELL
KKR KKR & Co. Inc. +667,780 Jun 30, 2026 BUY
DIS Walt Disney Company (The) -598,561 Jun 30, 2026 SELL
BF-A Brown Forman Inc -450,433 Jun 30, 2026 SELL
GOOGL Alphabet Inc. -417,794 Jun 30, 2026 SELL
MANU Manchester United -383,554 Jun 30, 2026 SELL
TKO TKO Group Holdings, Inc. -350,606 Jun 30, 2026 SELL
PEP Pepsico, Inc. -253,479 Jun 30, 2026 SELL

Investment Strategy Insights

Lindsell Train's investment approach can be analyzed through several key metrics. The portfolio's concentration in top holdings suggests a high-conviction investment strategy, with significant positions in companies that align with the investor's long-term thesis.

The largest position in ALPHABET INC (GOOGL) demonstrates strong conviction in this particular investment opportunity. Recent activity shows a decrease of 24.5% in this position, indicating active portfolio management and strategic positioning.

Portfolio turnover can be assessed through recent activity patterns. The 10 most significant transactions shown here (out of 137 total transactions) suggest a highly active approach to portfolio management, with frequent strategic adjustments and position changes.

Additional Analysis

Complete Holdings

View all 28 holdings with detailed analysis

Trading Activity

Track all portfolio transactions and position changes

Performance Metrics

Analyze profit, winning trades, and investment returns

Sector Allocation

Analyze portfolio breakdown by sector and industry

Lindsell Train's portfolio as of Jun 30, 2026 reflects a strategic approach to equity investing with 28 holdings valued at $2.6B. The concentrated position in ALPHABET INC and other top holdings demonstrates the investor's confidence in specific investment themes and long-term value creation opportunities. Recent activity indicates ongoing portfolio optimization and strategic repositioning.

For the most current portfolio data and detailed analysis, refer to the latest SEC 13F filings and our comprehensive holdings and activity pages, which are updated regularly with the latest filing information.

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