Michael Lindsell, Nick Train - Lindsell Train Sector Allocation (Q3 2026)

According to the SEC 13F filed on Nov 02, 2026, the Lindsell Train portfolio managed by Michael Lindsell, Nick Train was diversified across 7 sectors as of quarter-end Sep 30, 2026. This allocation breakdown highlights where the portfolio is most concentrated and how capital is distributed across industries.

The Communication Services sector represents the largest share at 43.8% of total portfolio value, followed by Communication Services and Consumer Defensive and Technology. Together, the top three sectors account for 71.7% of the portfolio, reflecting Michael Lindsell, Nick Train's emphasis on strategic positioning. This sector allocation provides insights into the fund's investment strategy and risk exposure.