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

According to the SEC 13F filed on Feb 12, 2025, the AKO Capital portfolio showed several notable changes in holdings as of quarter-end Dec 31, 2024. 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