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

According to the SEC 13F filed on Jan 18, 2023, the AKO Capital portfolio showed several notable changes in holdings as of quarter-end Dec 31, 2022. 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