Lindsell Train Portfolio Snapshot: Top Holdings Analysis
Michael Lindsell and Nick Train's portfolio, valued at $3.94 billion as of Dec 31, 2025, features significant holdings in Alphabet, Tko Group, and Intuit, with notable share reductions across most positions.
As of December 31, 2025, the portfolio managed by Michael Lindsell and Nick Train at Lindsell Train stands at a total value of $3.94 billion. This comprehensive snapshot details the top holdings within their portfolio, highlighting significant allocations and observable changes in share positions.
The largest position is Alphabet Inc. (GOOGL), representing approximately 16.58% of the portfolio. The fund held 2,088,598 shares valued at $653.7 million. Compared to the previous period, there was a reduction of 145,500 shares, indicating a -6.51% change in shares.
Tko Group Holdings Inc. (TKO) is the second-largest holding at 14.95% allocation, with 2,820,204 shares valued at $589.4 million. The fund saw a decrease of 134,500 shares (-4.55%) during the period.
Intuit (INTU) follows with a 10.25% allocation, comprising 610,251 shares valued at $404.2 million. The position experienced a minimal reduction of just 1,559 shares (-0.25%) from the prior period.
THERMO FISHER SCIENTIFIC INC (TMO) holds a 10.13% allocation, with 689,503 shares valued at $399.5 million. The fund saw a significant reduction of 128,026 shares (-15.66%) during the period.
Walt Disney Co. (DIS) is allocated 10.05% of the portfolio, represented by 3,481,830 shares valued at $396.1 million. There was a decrease of 244,000 shares (-6.55%) compared to the prior period.
FAIR ISAAC CORP (FICO) holds a 9.29% allocation, with 216,593 shares valued at $366.2 million. The position decreased by 6,362 shares (-2.85%) over the period.
Among the other top holdings, notable share reductions were observed across most positions. Pepsico (PEP), PayPal Holdings (PYPL), Mondelēz International (MDLZ), and eBay (EBAY) all experienced significant decreases in shares (-18.15%, -4.13%, -10.92%, and -15.32% respectively). These changes reflect adjustments in the fund's strategy.
For detailed analysis of these holdings, you can visit the investor profile at https://www.insiderset.com/investor/michael-lindsell-lindsell-train and explore individual stock profiles at https://www.insiderset.com/investors/stocks/GOOGL, https://www.insiderset.com/investors/stocks/TKO, and other relevant stock pages.