Nicolai Tangen - AKO Capital 13F Activity & Position Changes (Q1 2023)

According to the SEC 13F filed on Apr 25, 2023, the AKO Capital portfolio showed several notable changes in holdings as of quarter-end Mar 31, 2023. 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 2023, the filing reported:

New Buys - Copart, Inc., United Rentals, Inc.

Increases - Alcon, ANSYS, Inc., Dollar General Corporation, Intuit Inc., Moody's Corporation, and 2 more

Reductions - Accenture plc, Adobe Inc., Booking Holdings Inc. Common St, Equifax, Inc., Estee Lauder Companies, Inc. (T, and 9 more

Complete Exits - Alphabet Inc.

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 2023	ACN Accenture plc	Accenture plc	Sell	-48,418	-2.5%	$534.84K	1,871,312
Q1 2023	ADBE Adobe Inc.	Adobe Inc.	Sell	-442,062	-67.1%	$83.50K	216,689
Q1 2023	ALC Alcon	Alcon	Buy	+972,228	+17.3%	$466.72K	6,604,162
Q1 2023	ANSS ANSYS, Inc.	ANSYS, Inc.	Buy	+88,786	+13.4%	$249.99K	751,160
Q1 2023	BKNG Booking Holdings Inc. Common St	Booking Holdings Inc. Common St	Sell	-26,833	-7.2%	$916.29K	345,454
Q1 2023	CPRT Copart, Inc.	Copart, Inc.	Buy - Position Entry	+1,618,162	-	$121.70K	1,618,162
Q1 2023	DG Dollar General Corporation	Dollar General Corporation	Buy	+89,187	+9.5%	$215.53K	1,024,115
Q1 2023	EFX Equifax, Inc.	Equifax, Inc.	Sell	-387,024	-32.2%	$165.67K	816,735
Q1 2023	EL Estee Lauder Companies, Inc. (T	Estee Lauder Companies, Inc. (T	Sell	-265,536	-30.4%	$150.09K	608,980
Q1 2023	FICO Fair Isaac Corporation	Fair Isaac Corporation	Sell	-17,307	-4.4%	$262.77K	373,951
Q1 2023	G0176J109 Allegion	Allegion	Sell	-280,225	-10.8%	$246.50K	2,309,553
Q1 2023	GOOG Alphabet Inc.	Alphabet Inc.	Sell - Position Exit	-3,511,205	-100.0%	$0.00	-
Q1 2023	ICE Intercontinental Exchange Inc.	Intercontinental Exchange Inc.	Sell	-192,287	-4.4%	$435.39K	4,174,767
Q1 2023	INTU Intuit Inc.	Intuit Inc.	Buy	+77,568	+23.8%	$179.65K	402,964
Q1 2023	MAR Marriott International	Marriott International	Sell	-29,205	-4.4%	$105.33K	634,335
Q1 2023	MCO Moody's Corporation	Moody's Corporation	Buy	+203,808	+99.7%	$124.92K	408,217
Q1 2023	MSFT Microsoft Corporation	Microsoft Corporation	Buy	+486,111	+58.6%	$379.29K	1,315,623
Q1 2023	OTIS Otis Worldwide Corporation	Otis Worldwide Corporation	Sell	-125,323	-4.4%	$227.97K	2,701,121
Q1 2023	PG Procter & Gamble Company (The)	Procter & Gamble Company (The)	Sell	-44,855	-4.4%	$145.97K	981,695
Q1 2023	RACE Ferrari	Ferrari	Sell	-10,094	-1.1%	$255.13K	941,937
Q1 2023	TMO Thermo Fisher Scientific Inc	Thermo Fisher Scientific Inc	Sell	-33,059	-5.1%	$354.06K	614,284
Q1 2023	URI United Rentals, Inc.	United Rentals, Inc.	Buy - Position Entry	+200,433	-	$79.32K	200,433
Q1 2023	V Visa Inc.	Visa Inc.	Sell	-183,589	-8.3%	$458.87K	2,035,255
Q1 2023	ZTS Zoetis Inc.	Zoetis Inc.	Buy	+93,218	+25.7%	$75.90K	456,040