Michael Lindsell, Nick Train - Lindsell Train 13F Activity & Position Changes (Q2 2022)

According to the SEC 13F filed on Aug 11, 2022, the Lindsell Train portfolio showed several notable changes in holdings as of quarter-end Jun 30, 2022. 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 2022, the filing reported:

New Buys - None reported

Increases - Brown Forman Inc, Walt Disney Company (The), Fair Isaac Corporation, Intuit Inc., Manchester United, and 1 more

Reductions - eBay Inc., Mondelez International, Inc., Pepsico, 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	Name	Type	Change Qty	% Change	Value	Remaining
Q2 2022	BF-A Brown Forman Inc	Brown Forman Inc	Buy	+7,500	+0.3%	$201.07K	2,966,672
Q2 2022	DIS Walt Disney Company (The)	Walt Disney Company (The)	Buy	+91,500	+1.7%	$518.45K	5,487,090
Q2 2022	EBAY eBay Inc.	eBay Inc.	Sell	-733,000	-8.8%	$318.33K	7,638,371
Q2 2022	FICO Fair Isaac Corporation	Fair Isaac Corporation	Buy	+144,872	+20.8%	$337.50K	841,430
Q2 2022	INTU Intuit Inc.	Intuit Inc.	Buy	+2,300	+0.1%	$601.80K	1,560,756
Q2 2022	MANU Manchester United	Manchester United	Buy	+196,500	+1.9%	$120.12K	10,792,676
Q2 2022	MDLZ Mondelez International, Inc.	Mondelez International, Inc.	Sell	-3,046,000	-12.1%	$1.38M	22,164,468
Q2 2022	PEP Pepsico, Inc.	Pepsico, Inc.	Sell	-684,000	-15.1%	$640.92K	3,844,860
Q2 2022	PYPL PayPal Holdings, Inc.	PayPal Holdings, Inc.	Buy	+15,000	+0.3%	$368.50K	5,274,462