Nicolai Tangen - AKO Capital 13F Activity & Position Changes (Q1 2024)

As of Mar 31, 2024, the AKO Capital portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on May 14, 2024. 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 2024, the filing reported:

New Buys - Analog Devices, Inc.

Increases - Copart, Inc., Estee Lauder Companies, Inc. (T, GE Aerospace, Intuit Inc., Marriott International, and 8 more

Reductions - Accenture plc, Alcon, Booking Holdings Inc. Common St, Cadence Design Systems, Inc., Equifax, Inc., and 8 more

Complete Exits - ANSYS, Inc., Allegion, United Rentals, 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 2024	ACN Accenture plc	Accenture plc	Sell	-687,202	-57.8%	$173.74K	501,245
Q1 2024	ADI Analog Devices, Inc.	Analog Devices, Inc.	Buy - Position Entry	+725,799	-	$143.56K	725,799
Q1 2024	ALC Alcon	Alcon	Sell	-100,907	-1.5%	$539.61K	6,496,157
Q1 2024	ANSS ANSYS, Inc.	ANSYS, Inc.	Sell - Position Exit	-971,461	-100.0%	$0.00	-
Q1 2024	BKNG Booking Holdings Inc. Common St	Booking Holdings Inc. Common St	Sell	-30,360	-26.2%	$310.92K	85,703
Q1 2024	CDNS Cadence Design Systems, Inc.	Cadence Design Systems, Inc.	Sell	-291,941	-48.5%	$96.67K	310,549
Q1 2024	CPRT Copart, Inc.	Copart, Inc.	Buy	+684,287	+32.3%	$162.26K	2,801,399
Q1 2024	EFX Equifax, Inc.	Equifax, Inc.	Sell	-2,816	-0.4%	$177.58K	663,812
Q1 2024	EL Estee Lauder Companies, Inc. (T	Estee Lauder Companies, Inc. (T	Buy	+838,783	+44.8%	$417.72K	2,709,857
Q1 2024	FICO Fair Isaac Corporation	Fair Isaac Corporation	Sell	-30,148	-10.8%	$311.61K	249,362
Q1 2024	G0176J109 Allegion	Allegion	Sell - Position Exit	-234,045	-100.0%	$0.00	-
Q1 2024	GE GE Aerospace	GE Aerospace	Buy	+2,539	+0.1%	$432.49K	2,463,934
Q1 2024	ICE Intercontinental Exchange Inc.	Intercontinental Exchange Inc.	Sell	-537,045	-16.8%	$365.94K	2,662,714
Q1 2024	INTU Intuit Inc.	Intuit Inc.	Buy	+22,992	+4.6%	$339.57K	522,410
Q1 2024	LIN Linde	Linde	Sell	-198,227	-36.5%	$160.08K	344,766
Q1 2024	MAR Marriott International	Marriott International	Buy	+1,684	+0.6%	$65.86K	261,008
Q1 2024	MCO Moody's Corporation	Moody's Corporation	Sell	-24	-0.0%	$280.14K	712,769
Q1 2024	MMC Marsh & McLennan Companies, Inc	Marsh & McLennan Companies, Inc	Buy	+93,809	+7.9%	$262.63K	1,275,051
Q1 2024	MSCI MSCI Inc.	MSCI Inc.	Buy	+349,772	+384.3%	$247.04K	440,784
Q1 2024	MSFT Microsoft Corporation	Microsoft Corporation	Buy	+2,677	+0.2%	$470.46K	1,118,229
Q1 2024	NKE Nike, Inc.	Nike, Inc.	Sell	-368,155	-19.7%	$140.81K	1,498,301
Q1 2024	OTIS Otis Worldwide Corporation	Otis Worldwide Corporation	Sell	-709,471	-48.2%	$75.64K	761,938
Q1 2024	PG Procter & Gamble Company (The)	Procter & Gamble Company (The)	Buy	+226,994	+28.9%	$164.35K	1,012,959
Q1 2024	RACE Ferrari	Ferrari	Sell	-8,636	-1.2%	$300.30K	688,968
Q1 2024	TMO Thermo Fisher Scientific Inc	Thermo Fisher Scientific Inc	Buy	+296,246	+180.7%	$267.46K	460,183
Q1 2024	URI United Rentals, Inc.	United Rentals, Inc.	Sell - Position Exit	-253,099	-100.0%	$0.00	-
Q1 2024	V Visa Inc.	Visa Inc.	Sell	-379,443	-23.0%	$354.29K	1,269,481
Q1 2024	WAT Waters Corporation	Waters Corporation	Buy	+66,841	+8.7%	$288.73K	838,763
Q1 2024	WMG Warner Music Group Corp.	Warner Music Group Corp.	Buy	+2,797,836	+75.0%	$215.53K	6,527,390
Q1 2024	ZTS Zoetis Inc.	Zoetis Inc.	Buy	+508,238	+41.4%	$293.60K	1,735,130