Nicolai Tangen - AKO Capital 13F Activity & Position Changes (Q4 2022)

As of Dec 31, 2022, the AKO Capital portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on Jan 18, 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 Q4 2022, the filing reported:

New Buys - None reported

Increases - ANSYS, Inc., Booking Holdings Inc. Common St, Alphabet Inc., Intercontinental Exchange Inc., Intuit Inc., and 1 more

Reductions - Accenture plc, Adobe Inc., Alcon, Dollar General Corporation, Equifax, Inc., and 11 more

Complete Exits - Nike, 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
Q4 2022	ACN Accenture plc	Accenture plc	Sell	-24,012	-1.2%	$512.26K	1,919,730
Q4 2022	ADBE Adobe Inc.	Adobe Inc.	Sell	-131,047	-16.6%	$221.69K	658,751
Q4 2022	ALC Alcon	Alcon	Sell	-119,022	-2.1%	$385.60K	5,631,934
Q4 2022	ANSS ANSYS, Inc.	ANSYS, Inc.	Buy	+46,269	+7.5%	$160.02K	662,374
Q4 2022	BKNG Booking Holdings Inc. Common St	Booking Holdings Inc. Common St	Buy	+5,403	+1.5%	$750.26K	372,287
Q4 2022	DG Dollar General Corporation	Dollar General Corporation	Sell	-248,163	-21.0%	$230.23K	934,928
Q4 2022	EFX Equifax, Inc.	Equifax, Inc.	Sell	-835,708	-41.0%	$233.96K	1,203,759
Q4 2022	EL Estee Lauder Companies, Inc. (T	Estee Lauder Companies, Inc. (T	Sell	-281,008	-24.3%	$216.98K	874,516
Q4 2022	FICO Fair Isaac Corporation	Fair Isaac Corporation	Sell	-3,949	-1.0%	$234.20K	391,258
Q4 2022	G0176J109 Allegion	Allegion	Sell	-102,780	-3.8%	$272.60K	2,589,778
Q4 2022	GOOG Alphabet Inc.	Alphabet Inc.	Buy	+321,865	+10.1%	$311.55K	3,511,205
Q4 2022	ICE Intercontinental Exchange Inc.	Intercontinental Exchange Inc.	Buy	+12,113	+0.3%	$448.02K	4,367,054
Q4 2022	INTU Intuit Inc.	Intuit Inc.	Buy	+139,483	+75.0%	$126.65K	325,396
Q4 2022	MAR Marriott International	Marriott International	Sell	-23,148	-3.4%	$98.79K	663,540
Q4 2022	MCO Moody's Corporation	Moody's Corporation	Sell	-7,356	-3.5%	$56.95K	204,409
Q4 2022	MSFT Microsoft Corporation	Microsoft Corporation	Buy	+334,692	+67.6%	$198.93K	829,512
Q4 2022	NKE Nike, Inc.	Nike, Inc.	Sell - Position Exit	-1,419,705	-100.0%	$0.00	-
Q4 2022	OTIS Otis Worldwide Corporation	Otis Worldwide Corporation	Sell	-105,512	-3.6%	$221.34K	2,826,444
Q4 2022	PG Procter & Gamble Company (The)	Procter & Gamble Company (The)	Sell	-36,048	-3.4%	$155.58K	1,026,550
Q4 2022	RACE Ferrari	Ferrari	Sell	-21,834	-2.2%	$203.93K	952,031
Q4 2022	TMO Thermo Fisher Scientific Inc	Thermo Fisher Scientific Inc	Sell	-276,688	-29.9%	$356.49K	647,343
Q4 2022	V Visa Inc.	Visa Inc.	Sell	-224,738	-9.2%	$460.99K	2,218,844
Q4 2022	ZTS Zoetis Inc.	Zoetis Inc.	Sell	-867,406	-70.5%	$53.17K	362,822