Nicolai Tangen - AKO Capital 13F Activity & Position Changes (Q3 2023)

As of Sep 30, 2023, the AKO Capital portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on Nov 06, 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 Q3 2023, the filing reported:

New Buys - Cadence Design Systems, Inc., GE Aerospace, Waters Corporation, Warner Music Group Corp.

Increases - Alcon, ANSYS, Inc., Copart, Inc., Intuit Inc., Marsh & McLennan Companies, Inc, and 1 more

Reductions - Accenture plc, Booking Holdings Inc. Common St, Equifax, Inc., Estee Lauder Companies, Inc. (T, Fair Isaac Corporation, and 12 more

Complete Exits - Dollar General Corporation

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 2023	ACN Accenture plc	Accenture plc	Sell	-366,386	-20.2%	$444.93K	1,448,769
Q3 2023	ALC Alcon	Alcon	Buy	+5,560	+0.1%	$504.57K	6,524,694
Q3 2023	ANSS ANSYS, Inc.	ANSYS, Inc.	Buy	+54,576	+6.6%	$263.91K	886,953
Q3 2023	BKNG Booking Holdings Inc. Common St	Booking Holdings Inc. Common St	Sell	-79,491	-37.7%	$404.49K	131,161
Q3 2023	CDNS Cadence Design Systems, Inc.	Cadence Design Systems, Inc.	Buy - Position Entry	+618,403	-	$144.89K	618,403
Q3 2023	CPRT Copart, Inc.	Copart, Inc.	Buy	+3,043,292	+121.4%	$239.20K	5,551,110
Q3 2023	DG Dollar General Corporation	Dollar General Corporation	Sell - Position Exit	-450,666	-100.0%	$0.00	-
Q3 2023	EFX Equifax, Inc.	Equifax, Inc.	Sell	-272,276	-34.8%	$93.37K	509,736
Q3 2023	EL Estee Lauder Companies, Inc. (T	Estee Lauder Companies, Inc. (T	Sell	-127,827	-21.7%	$66.81K	462,177
Q3 2023	FICO Fair Isaac Corporation	Fair Isaac Corporation	Sell	-6,756	-1.9%	$304.88K	351,024
Q3 2023	G0176J109 Allegion	Allegion	Sell	-973,692	-44.0%	$128.88K	1,236,845
Q3 2023	GE GE Aerospace	GE Aerospace	Buy - Position Entry	+1,947,026	-	$215.24K	1,947,026
Q3 2023	ICE Intercontinental Exchange Inc.	Intercontinental Exchange Inc.	Sell	-501,795	-12.0%	$403.19K	3,664,664
Q3 2023	INTU Intuit Inc.	Intuit Inc.	Buy	+107,701	+22.8%	$295.92K	579,171
Q3 2023	LIN Linde	Linde	Sell	-646,532	-51.9%	$223.10K	599,172
Q3 2023	MAR Marriott International	Marriott International	Sell	-188,586	-41.5%	$52.28K	265,957
Q3 2023	MCO Moody's Corporation	Moody's Corporation	Sell	-14,068	-1.9%	$231.26K	731,429
Q3 2023	MMC Marsh & McLennan Companies, Inc	Marsh & McLennan Companies, Inc	Buy	+161,498	+22.6%	$166.94K	877,275
Q3 2023	MSFT Microsoft Corporation	Microsoft Corporation	Sell	-94,066	-8.7%	$310.26K	982,616
Q3 2023	OTIS Otis Worldwide Corporation	Otis Worldwide Corporation	Sell	-377,483	-14.6%	$177.28K	2,207,420
Q3 2023	PG Procter & Gamble Company (The)	Procter & Gamble Company (The)	Sell	-17,596	-1.9%	$134.47K	921,946
Q3 2023	RACE Ferrari	Ferrari	Sell	-120,186	-12.9%	$239.03K	807,909
Q3 2023	TMO Thermo Fisher Scientific Inc	Thermo Fisher Scientific Inc	Sell	-7,146	-2.1%	$171.30K	338,427
Q3 2023	URI United Rentals, Inc.	United Rentals, Inc.	Sell	-4,968	-1.9%	$115.47K	259,725
Q3 2023	V Visa Inc.	Visa Inc.	Sell	-36,303	-1.9%	$436.21K	1,896,466
Q3 2023	WAT Waters Corporation	Waters Corporation	Buy - Position Entry	+471,764	-	$129.36K	471,764
Q3 2023	WMG Warner Music Group Corp.	Warner Music Group Corp.	Buy - Position Entry	+2,036,295	-	$63.94K	2,036,295
Q3 2023	ZTS Zoetis Inc.	Zoetis Inc.	Buy	+535,270	+122.7%	$169.05K	971,655