Michael Lindsell & Nick Train Portfolio Analysis: Top Holdings in 2026
Lindsell Train's $3.14 billion portfolio as of March 31, 2026, features significant holdings in tech and consumer stocks like TKO, GOOGL, and PEP.
As of March 31, 2026, the investment portfolio managed by Michael Lindsell and Nick Train, collectively known as Lindsell Train, stands at a substantial $3.14 billion. This extensive portfolio is highlighted by significant allocations across various sectors, with Technology and Communication Services leading the way. The top holdings demonstrate a strategic focus on established tech giants and consumer-focused companies, reflecting the firm's investment approach.
Among the largest positions, TKO (Ticketmaster) Group Holdings Inc. stands out with a portfolio allocation of 15.75%. This position has seen a reduction in shares (-13.15%) and a corresponding decrease in value from the previous period. Similarly, Alphabet Inc. (GOOGL), another major holding at 15.63% allocation, also experienced a decline, with shares down by 18.38%.
The Technology sector is well-represented with significant stakes in Intuit (INTU) at 10.11% and FICO (Fair Isaac Corp.) at 8.49%. Intuit saw an increase in its position during the period, with shares rising by 20.23%, while FICO also grew its stake by 15.16%. The Communication Services sector includes Walt Disney Co. (DIS) at 9.85%, which, like several other large holdings, saw a reduction in its portfolio weight (-7.91% in shares).
Healthcare is represented by Thermon Fisher Scientific (TMO) at 9.67%, though this position also decreased (-10.48% in shares). The Consumer Defensive sector features Mondelēz International (MDLZ) at 6.55% and PepsiCo (PEP) at 6.32%, both of which saw substantial reductions in their respective holdings (-20.49% and -29.12% in shares). Other notable positions include PayPal Holdings (PYPL) at 6.03% and eBay Inc. (EBAY) at 5.59%, both showing modest declines.
For detailed insights into the investment strategies and performance of Lindsell Train, visit their profile at https://www.insiderset.com/investor/michael-lindsell-lindsell-train. To explore specific stock holdings, such as Ticketmaster (TKO) at https://www.insiderset.com/investors/stocks/TKO or Alphabet (GOOGL) at https://www.insiderset.com/investors/stocks/GOOGL, you can refer to the respective company profiles on Insiderset.com.