Nicolai Tangen - AKO Capital 13F Activity & Position Changes (Q3 2020)

According to the SEC 13F filed on Nov 02, 2020, the AKO Capital portfolio showed several notable changes in holdings as of quarter-end Sep 30, 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 Q3 2020, the filing reported:

New Buys - Intercontinental Exchange Inc., Thermo Fisher Scientific Inc, Under Armour, Inc.

Increases - Alcon, Booking Holdings Inc. Common St, Check Point, eBay Inc., Estee Lauder Companies, Inc. (T, and 9 more

Reductions - Ambev S.A., Adobe Inc., ANSYS, Inc., Fair Isaac Corporation, Otis Worldwide Corporation, and 1 more

Complete Exits - CME Group Inc., Grifols, S.A.

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
Q3 2020	ABEV Ambev S.A.	Ambev S.A.	Sell	-2,329,849	-4.5%	$111.86K	49,493,482
Q3 2020	ADBE Adobe Inc.	Adobe Inc.	Sell	-5,678	-1.2%	$220.39K	449,390
Q3 2020	ALC Alcon	Alcon	Buy	+22,795	+0.7%	$182.74K	3,212,557
Q3 2020	ANSS ANSYS, Inc.	ANSYS, Inc.	Sell	-74,598	-10.7%	$203.05K	620,518
Q3 2020	BKNG Booking Holdings Inc. Common St	Booking Holdings Inc. Common St	Buy	+2,384	+2.3%	$183.85K	107,470
Q3 2020	CHKP Check Point	Check Point	Buy	+178,191	+10.3%	$229.13K	1,903,996
Q3 2020	CME CME Group Inc.	CME Group Inc.	Sell - Position Exit	-638,179	-100.0%	$0.00	-
Q3 2020	EBAY eBay Inc.	eBay Inc.	Buy	+589,663	+7.0%	$471.37K	9,047,389
Q3 2020	EL Estee Lauder Companies, Inc. (T	Estee Lauder Companies, Inc. (T	Buy	+25,109	+1.6%	$354.18K	1,622,834
Q3 2020	FICO Fair Isaac Corporation	Fair Isaac Corporation	Sell	-7,437	-2.0%	$153.87K	361,713
Q3 2020	G0176J109 Allegion	Allegion	Buy	+461,899	+29.7%	$199.41K	2,016,118
Q3 2020	GOOG Alphabet Inc.	Alphabet Inc.	Buy	+3,619	+2.0%	$277.49K	188,817
Q3 2020	GRFS Grifols, S.A.	Grifols, S.A.	Sell - Position Exit	-12,273,278	-100.0%	$0.00	-
Q3 2020	ICE Intercontinental Exchange Inc.	Intercontinental Exchange Inc.	Buy - Position Entry	+1,472,385	-	$147.31K	1,472,385
Q3 2020	MAR Marriott International	Marriott International	Buy	+138,802	+6.9%	$198.34K	2,142,372
Q3 2020	MCO Moody's Corporation	Moody's Corporation	Buy	+37,472	+7.0%	$165.97K	572,594
Q3 2020	NKE Nike, Inc.	Nike, Inc.	Buy	+580,158	+32.6%	$296.47K	2,361,535
Q3 2020	OTIS Otis Worldwide Corporation	Otis Worldwide Corporation	Sell	-813,149	-15.2%	$283.38K	4,539,922
Q3 2020	PG Procter & Gamble Company (The)	Procter & Gamble Company (The)	Buy	+264,778	+14.0%	$298.85K	2,150,144
Q3 2020	RACE Ferrari	Ferrari	Sell	-84,467	-4.5%	$331.99K	1,806,853
Q3 2020	TMO Thermo Fisher Scientific Inc	Thermo Fisher Scientific Inc	Buy - Position Entry	+435,377	-	$192.23K	435,377
Q3 2020	UAA Under Armour, Inc.	Under Armour, Inc.	Buy - Position Entry	+10,112,291	-	$113.56K	10,112,291
Q3 2020	V Visa Inc.	Visa Inc.	Buy	+38,989	+1.9%	$418.95K	2,095,062
Q3 2020	VRSK Verisk Analytics, Inc.	Verisk Analytics, Inc.	Buy	+29,482	+3.1%	$180.60K	974,606
Q3 2020	ZTS Zoetis Inc.	Zoetis Inc.	Buy	+102,740	+7.1%	$256.25K	1,549,534