Michael Lindsell, Nick Train - Lindsell Train 13F Activity & Position Changes (Q2 2020)
According to the SEC 13F filed on Jul 15, 2026, the Lindsell Train portfolio showed several notable changes in holdings as of quarter-end Jun 30, 2020. 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 2020, the filing reported:
New Buys - Adobe Inc., American Express Company, Colgate-Palmolive Company, CME Group Inc., Equifax, Inc., and 12 more
Increases - Brown Forman Inc, Walt Disney Company (The), eBay Inc., Intuit Inc., Manchester United, and 2 more
Reductions - PayPal Holdings, Inc.
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 | Type | Change Qty |
|---|---|---|---|
|
Q2 2020
|
ADBE
Adobe Inc.
|
Buy - Position Entry |
+2,500
|
|
Q2 2020
|
AXP
American Express Company
|
Buy - Position Entry |
+11,600
|
|
Q2 2020
|
BF-A
Brown Forman Inc
|
Buy |
+163,700
|
|
Q2 2020
|
CL
Colgate-Palmolive Company
|
Buy - Position Entry |
+16,900
|
|
Q2 2020
|
CME
CME Group Inc.
|
Buy - Position Entry |
+5,300
|
|
Q2 2020
|
DIS
Walt Disney Company (The)
|
Buy |
+420,412
|
|
Q2 2020
|
EBAY
eBay Inc.
|
Buy |
+18,450
|
|
Q2 2020
|
EFX
Equifax, Inc.
|
Buy - Position Entry |
+9,400
|
|
Q2 2020
|
EL
Estee Lauder Companies, Inc. (T
|
Buy - Position Entry |
+8,800
|
|
Q2 2020
|
GOOGL
Alphabet Inc.
|
Buy - Position Entry |
+800
|
|
Q2 2020
|
HSY
The Hershey Company
|
Buy - Position Entry |
+5,100
|
|
Q2 2020
|
INTU
Intuit Inc.
|
Buy |
+86,753
|
|
Q2 2020
|
JNJ
Johnson & Johnson
|
Buy - Position Entry |
+7,900
|
|
Q2 2020
|
KO
Coca-Cola Company (The)
|
Buy - Position Entry |
+21,100
|
|
Q2 2020
|
MANU
Manchester United
|
Buy |
+238,529
|
|
Q2 2020
|
MDLZ
Mondelez International, Inc.
|
Buy |
+2,582,122
|
|
Q2 2020
|
MSGS
Madison Square Garden Sports Co
|
Buy - Position Entry |
+3,300
|
|
Q2 2020
|
NKE
Nike, Inc.
|
Buy - Position Entry |
+13,900
|
|
Q2 2020
|
ORCL
Oracle Corporation
|
Buy - Position Entry |
+18,600
|
|
Q2 2020
|
PEP
Pepsico, Inc.
|
Buy |
+511,100
|
|
Q2 2020
|
PYPL
PayPal Holdings, Inc.
|
Sell |
-1,178,006
|
|
Q2 2020
|
SPGI
S&P Global Inc.
|
Buy - Position Entry |
+4,400
|
|
Q2 2020
|
TROW
T. Rowe Price Group, Inc.
|
Buy - Position Entry |
+9,600
|
|
Q2 2020
|
V
Visa Inc.
|
Buy - Position Entry |
+5,900
|
|
Q2 2020
|
VRSK
Verisk Analytics, Inc.
|
Buy - Position Entry |
+6,500
|