Michael Lindsell, Nick Train - Lindsell Train 13F Activity & Position Changes (Q1 2025)

According to the SEC 13F filed on May 15, 2025, the Lindsell Train portfolio showed several notable changes in holdings as of quarter-end Mar 31, 2025. The activity included new positions, additions to existing holdings, reductions, and complete exits, providing a clear view of how the portfolio evolved during the quarter.

During Q1 2025, the filing reported:

These updates highlight how the portfolio adjusted across different sectors and market conditions, offering insights into allocation shifts and investment trends.

Date Symbol Type Change Qty
Q1 2025
BF-A
Brown Forman Inc
Sell
-43,800
Q1 2025
BF-B
Brown Forman Inc
Sell
-59,100
Q1 2025
CP
Canadian Pacific Kansas City Li
Buy - Position Entry
+12,150
Q1 2025
DIS
Walt Disney Company (The)
Sell
-177,600
Q1 2025
EBAY
eBay Inc.
Sell
-276,100
Q1 2025
FICO
Fair Isaac Corporation
Sell
-15,220
Q1 2025
GOOG
Alphabet Inc.
Sell - Position Exit
-17,750
Q1 2025
GOOGL
Alphabet Inc.
Buy - Position Entry
+18,225
Q1 2025
INTU
Intuit Inc.
Sell
-28,600
Q1 2025
MANU
Manchester United
Sell
-723,015
Q1 2025
MDLZ
Mondelez International, Inc.
Sell
-2,392,500
Q1 2025
PEP
Pepsico, Inc.
Sell
-102,100
Q1 2025
PYPL
PayPal Holdings, Inc.
Sell
-111,600
Q1 2025
TKO
TKO Group Holdings, Inc.
Sell
-238,990
Q1 2025
TMO
Thermo Fisher Scientific Inc
Buy
+101,550