Nicolai Tangen - AKO Capital 13F Activity & Position Changes (Q1 2020)

As of Mar 31, 2020, the AKO Capital portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on May 06, 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 Q1 2020, the filing reported:

New Buys - Adobe Inc., Booking Holdings Inc. Common St, eBay Inc., Marriott International

Increases - Ambev S.A., Alcon, American Express Company, Check Point, CME Group Inc., and 7 more

Reductions - ANSYS, Inc., Edwards Lifesciences Corporatio, Fair Isaac Corporation, Allegion, Alphabet Inc., and 2 more

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
Q1 2020	ABEV Ambev S.A.	Ambev S.A.	Buy	+7,975,590	+20.4%	$108.25K	47,067,531
Q1 2020	ADBE Adobe Inc.	Adobe Inc.	Buy - Position Entry	+324,517	-	$103.27K	324,517
Q1 2020	ALC Alcon	Alcon	Buy	+15,442	+0.5%	$144.28K	2,824,344
Q1 2020	ANSS ANSYS, Inc.	ANSYS, Inc.	Sell	-45,086	-5.3%	$188.46K	810,662
Q1 2020	AXP American Express Company	American Express Company	Buy	+259,564	+20.5%	$130.67K	1,526,357
Q1 2020	BKNG Booking Holdings Inc. Common St	Booking Holdings Inc. Common St	Buy - Position Entry	+49,443	-	$66.52K	49,443
Q1 2020	CHKP Check Point	Check Point	Buy	+776,543	+99.4%	$156.64K	1,558,021
Q1 2020	CME CME Group Inc.	CME Group Inc.	Buy	+10,219	+1.4%	$129.00K	746,059
Q1 2020	EBAY eBay Inc.	eBay Inc.	Buy - Position Entry	+5,649,338	-	$169.82K	5,649,338
Q1 2020	EL Estee Lauder Companies, Inc. (T	Estee Lauder Companies, Inc. (T	Buy	+222,680	+23.7%	$185.12K	1,161,793
Q1 2020	EW Edwards Lifesciences Corporatio	Edwards Lifesciences Corporatio	Sell	-74,855	-9.0%	$142.14K	753,568
Q1 2020	FICO Fair Isaac Corporation	Fair Isaac Corporation	Sell	-51,779	-12.6%	$110.07K	357,729
Q1 2020	G0176J109 Allegion	Allegion	Sell	-108,078	-5.5%	$170.58K	1,853,751
Q1 2020	GOOG Alphabet Inc.	Alphabet Inc.	Sell	-24,290	-13.3%	$183.58K	157,878
Q1 2020	GRFS Grifols, S.A.	Grifols, S.A.	Buy	+835,287	+6.7%	$266.69K	13,241,833
Q1 2020	MAR Marriott International	Marriott International	Buy - Position Entry	+1,458,967	-	$109.14K	1,458,967
Q1 2020	MCO Moody's Corporation	Moody's Corporation	Buy	+58,701	+12.3%	$113.58K	537,023
Q1 2020	NKE Nike, Inc.	Nike, Inc.	Sell	-1,056,035	-41.5%	$123.22K	1,489,273
Q1 2020	PG Procter & Gamble Company (The)	Procter & Gamble Company (The)	Buy	+470,065	+29.2%	$228.71K	2,079,180
Q1 2020	RACE Ferrari	Ferrari	Buy	+101,747	+4.2%	$395.27K	2,552,822
Q1 2020	V Visa Inc.	Visa Inc.	Buy	+427,498	+31.3%	$288.98K	1,793,542
Q1 2020	VRSK Verisk Analytics, Inc.	Verisk Analytics, Inc.	Sell	-70,120	-7.2%	$126.01K	904,078
Q1 2020	ZTS Zoetis Inc.	Zoetis Inc.	Buy	+161,532	+13.4%	$161.13K	1,369,150