Michael Lindsell, Nick Train - Lindsell Train 13F Activity & Position Changes (Q2 2016)

As of Jun 30, 2016, the Lindsell Train portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on Apr 24, 2026. 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 Q2 2016, the filing reported:

New Buys - None reported

Increases - Walt Disney Company (The), eBay Inc., Intuit Inc., Mondelez International, Inc., Pepsico, Inc., and 1 more

Reductions - None reported

Complete Exits - None reported

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

Date	Symbol	Name	Type	Change Qty	% Change	Value	Remaining
Q2 2016	DIS Walt Disney Company (The)	Walt Disney Company (The)	Buy	+57,541	+3.2%	$182.67K	1,867,410
Q2 2016	EBAY eBay Inc.	eBay Inc.	Buy	+380,000	+10.4%	$94.75K	4,047,200
Q2 2016	INTU Intuit Inc.	Intuit Inc.	Buy	+35,000	+1.9%	$209.63K	1,878,200
Q2 2016	MDLZ Mondelez International, Inc.	Mondelez International, Inc.	Buy	+50,791	+0.5%	$468.81K	10,301,310
Q2 2016	PEP Pepsico, Inc.	Pepsico, Inc.	Buy	+120,000	+10.3%	$136.73K	1,290,650
Q2 2016	PYPL PayPal Holdings, Inc.	PayPal Holdings, Inc.	Buy	+329,783	+6.5%	$196.19K	5,373,483