Lindsell Train Portfolio Snapshot: Top Holdings Analysis March 2026
Michael Lindsell and Nick Train's portfolio, valued at $3.14 billion as of March 31, 2026, shows significant changes in top holdings, with notable increases in INTU and FICO while reducing positions in major tech stocks.
Lindsell Train's portfolio, managed by Michael Lindsell and Nick Train, stands at a total value of $3.14 billion as of March 31, 2026. The top holdings reveal a strategic shift, with the firm reducing positions in major tech companies while increasing exposure to specific sectors.
The largest position, TKO (15.75% allocation), saw a reduction of 13.15% in shares during the prior period. Similarly, GOOGL experienced an 18.38% decrease in holdings, while DIS saw a 7.91% reduction. These changes indicate a strategic de-emphasis on large-cap tech stocks.
Conversely, the investment team increased their stake in INTU by 20.23%, demonstrating confidence in the edtech leader. FAIR ISAAC CORP (FICO) also saw a significant increase of 15.16% in holdings, highlighting selective growth in the Technology sector.
The portfolio also shows reduced exposure to consumer staples, with MDLZ and PEP both seeing substantial declines of 20.49% and 29.12% respectively. Defensive stocks like PYPL and consumer cyclical stocks like EBAY also experienced share reductions.
For detailed analysis of these positions, readers can explore Lindsell Train's profile here and individual stock profiles such as TKO, INTU, and FICO.