Nicolai Tangen - AKO Capital 13F Activity & Position Changes (Q4 2024)

As of Dec 31, 2024, the AKO Capital portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on Feb 12, 2025. 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 2024, the filing reported:

New Buys - Booz Allen Hamilton Holding Cor, Illumina, Inc.

Increases - Accenture plc, Analog Devices, Inc., Cadence Design Systems, Inc., Canadian National Railway Compa, Copart, Inc., and 8 more

Reductions - Alcon, Amazon.com, Inc., Booking Holdings Inc. Common St, Fair Isaac Corporation, Intercontinental Exchange Inc., and 7 more

Complete Exits - None reported

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 2024	ACN Accenture plc	Accenture plc	Buy	+136,236	+11.6%	$461.36K	1,311,465
Q4 2024	ADI Analog Devices, Inc.	Analog Devices, Inc.	Buy	+42,938	+3.8%	$247.99K	1,167,224
Q4 2024	ALC Alcon	Alcon	Sell	-281,535	-4.6%	$498.58K	5,876,280
Q4 2024	AMZN Amazon.com, Inc.	Amazon.com, Inc.	Sell	-79,966	-5.4%	$308.97K	1,408,315
Q4 2024	BAH Booz Allen Hamilton Holding Cor	Booz Allen Hamilton Holding Cor	Buy - Position Entry	+92,490	-	$11.90K	92,490
Q4 2024	BKNG Booking Holdings Inc. Common St	Booking Holdings Inc. Common St	Sell	-3,109	-4.1%	$360.06K	72,470
Q4 2024	CDNS Cadence Design Systems, Inc.	Cadence Design Systems, Inc.	Buy	+25,366	+12.8%	$67.29K	223,944
Q4 2024	CNI Canadian National Railway Compa	Canadian National Railway Compa	Buy	+1,081	+10.9%	$1.12K	10,992
Q4 2024	CPRT Copart, Inc.	Copart, Inc.	Buy	+765,698	+21.1%	$252.03K	4,391,462
Q4 2024	EFX Equifax, Inc.	Equifax, Inc.	Buy	+176,434	+32.1%	$185.08K	726,246
Q4 2024	FICO Fair Isaac Corporation	Fair Isaac Corporation	Sell	-73,574	-33.1%	$295.86K	148,602
Q4 2024	GE GE Aerospace	GE Aerospace	Buy	+44,811	+1.7%	$449.18K	2,693,057
Q4 2024	ICE Intercontinental Exchange Inc.	Intercontinental Exchange Inc.	Sell	-373,931	-12.5%	$388.27K	2,605,657
Q4 2024	ILMN Illumina, Inc.	Illumina, Inc.	Buy - Position Entry	+495,286	-	$66.19K	495,286
Q4 2024	INTU Intuit Inc.	Intuit Inc.	Buy	+45,603	+8.3%	$373.63K	594,479
Q4 2024	LIN Linde	Linde	Sell	-225,547	-63.8%	$53.62K	128,062
Q4 2024	MCO Moody's Corporation	Moody's Corporation	Sell	-30,073	-4.4%	$309.29K	653,387
Q4 2024	MMC Marsh & McLennan Companies, Inc	Marsh & McLennan Companies, Inc	Buy	+89,594	+4.5%	$438.17K	2,062,828
Q4 2024	MSCI MSCI Inc.	MSCI Inc.	Buy	+2,807	+1.4%	$125.34K	208,903
Q4 2024	MSFT Microsoft Corporation	Microsoft Corporation	Sell	-122,525	-9.7%	$481.66K	1,142,735
Q4 2024	PG Procter & Gamble Company (The)	Procter & Gamble Company (The)	Buy	+114,397	+10.8%	$196.56K	1,172,423
Q4 2024	RACE Ferrari	Ferrari	Sell	-29,934	-4.6%	$264.14K	619,722
Q4 2024	TMO Thermo Fisher Scientific Inc	Thermo Fisher Scientific Inc	Sell	-109,689	-25.9%	$163.24K	313,784
Q4 2024	V Visa Inc.	Visa Inc.	Sell	-33,630	-1.9%	$555.33K	1,757,145
Q4 2024	WAT Waters Corporation	Waters Corporation	Buy	+25,172	+3.2%	$302.49K	815,379
Q4 2024	WMG Warner Music Group Corp.	Warner Music Group Corp.	Sell	-2,538,131	-37.0%	$134.04K	4,323,994
Q4 2024	ZTS Zoetis Inc.	Zoetis Inc.	Buy	+13,800	+0.9%	$245.36K	1,505,938