Lindsell Train Ltd
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 8, 2025), Lindsell Train Ltd reported 29 stock positions worth $4.2 billion. Its top holding was Tko (TKO) at 13.6% of the portfolio, followed by Intuit (INTU, 12.4%) and Walt Disney (DIS, 11.9%). Compared with Q1 2025, it added to 5 and reduced 16. The biggest buy was Alphabet Class A (GOOGL, shares +11029%) and the biggest sale Fair Isaac (FICO, shares −7%).
- Most Recent 13F
- Q2 2026
- Location
- London, X0
- CIK
- 0001484150
- Portfolio Value
- $4.2B (Q2 2025)
- SEC Filing
- 0001172661-25-002977 ↗ filed Aug 8, 2025
Holdings Value
Holdings 29 stocks · $4.2B
| TKO Tko Group Holdings Inc. | 13.61% | 3,173,662 | $577.4M | Reduce -6.5% |
| INTU Intuit Inc. | 12.36% | 665,786 | $524.4M | Reduce -10.2% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 11.95% | 4,087,276 | $506.9M | Reduce -4.5% |
| FICO Fair Isaac Corp. | 9.61% | 223,114 | $407.8M | Reduce -7.2% |
| MDLZ Mondelez International Inc. Class A | 9.07% | 5,709,287 | $385.0M | Reduce -5.1% |
| GOOGL Alphabet Inc. Class A | 8.42% | 2,028,223 | $357.4M | Add +11028.8% |
| TMO Thermo Fisher Scientific Inc. | 8.17% | 854,612 | $346.5M | Add +68.0% |
| PYPL PayPal Holdings Inc. | 7.93% | 4,527,838 | $336.5M | Add +8.6% |
| PEP Pepsico Inc. | 7.55% | 2,427,210 | $320.5M | Reduce -1.1% |
| EBAY eBay Inc. | 5.76% | 3,284,654 | $244.6M | Reduce -2.5% |
| MANU Manchester United PLC Class A | 2.02% | 4,810,000 | $85.7M | Reduce -4.8% |
| BF.A Brown-Forman Corp. Class A | 1.77% | 2,733,341 | $75.1M | Reduce -0.7% |
| BF.B Brown-Forman Corp. Class B | 1.05% | 1,649,764 | $44.4M | Add +4.7% |
| ORCL Oracle Corp. | 0.09% | 17,500 | $3.8M | Reduce -8.8% |
| V Visa Inc. Class A | 0.08% | 10,000 | $3.6M | Reduce -10.7% |
| AXP American Express Co. | 0.08% | 10,200 | $3.3M | Reduce -12.1% |
| SPGI S&P Global Inc. | 0.07% | 5,900 | $3.1M | No change |
| EFX Equifax Inc. | 0.06% | 10,300 | $2.7M | No change |
| VRSK Verisk Analytics Inc. | 0.05% | 6,600 | $2.1M | Reduce -9.6% |
| CME Cme Group Inc. | 0.05% | 7,400 | $2.0M | Reduce -13.9% |
| NKE Nike Inc. Class B | 0.03% | 20,400 | $1.4M | No change |
| ADBE Adobe Inc. | 0.03% | 3,560 | $1.4M | No change |
| CL Colgate-Palmolive Co. | 0.03% | 15,000 | $1.4M | Reduce -25.4% |
| KO The Coca-Cola Co. | 0.03% | 19,000 | $1.3M | Reduce -9.9% |
| EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC | 0.03% | 14,425 | $1.2M | No change |
| TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC | 0.03% | 12,000 | $1.2M | No change |
| CP Canadian Pacific Kansas City | 0.02% | 13,300 | $1.1M | Add +9.5% |
| HSY The Hershey Co. | 0.02% | 5,100 | $846K | No change |
| MSGS Madison Square Garden Sports | 0.02% | 3,300 | $690K | No change |
Portfolio Sells Q1 2025 → Q2 2025
| FICO Fair Isaac Corp. | Reduce -7.2% | 9.61% | −2.65 |
| PEP Pepsico Inc. | Reduce -1.1% | 7.55% | −2.63 |
| MDLZ Mondelez International Inc. Class A | Reduce -5.1% | 9.07% | −2.23 |
| BF.A Brown-Forman Corp. Class A | Reduce -0.7% | 1.77% | −0.78 |
| TKO Tko Group Holdings Inc. | Reduce -6.5% | 13.61% | −0.74 |
| EBAY eBay Inc. | Reduce -2.5% | 5.76% | −0.55 |
| INTU Intuit Inc. | Reduce -10.2% | 12.36% | −0.23 |
| V Visa Inc. Class A | Reduce -10.7% | 0.08% | −0.02 |
| CL Colgate-Palmolive Co. | Reduce -25.4% | 0.03% | −0.02 |
| CME Cme Group Inc. | Reduce -13.9% | 0.05% | −0.02 |
| VRSK Verisk Analytics Inc. | Reduce -9.6% | 0.05% | −0.01 |
| KO The Coca-Cola Co. | Reduce -9.9% | 0.03% | −0.01 |
| AXP American Express Co. | Reduce -12.1% | 0.08% | −0.01 |
| ORCL Oracle Corp. | Reduce -8.8% | 0.09% | +0.02 |
| MANU Manchester United PLC Class A | Reduce -4.8% | 2.02% | +0.19 |
| DIS The Walt Disney Co. | Reduce -4.5% | 11.95% | +0.25 |
Portfolio Buys Q1 2025 → Q2 2025
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 28 | $2.6B | GOOGL, TKO, FICO, TMO, DIS |
| Q1 2026 | 27 | $3.1B | TKO, GOOGL, INTU, DIS, TMO |
| Q4 2025 | 28 | $3.9B | GOOGL, TKO, INTU, TMO, DIS |
| Q3 2025 | 28 | $4.1B | TKO, GOOGL, DIS, INTU, TMO |
| Q2 2025 | 29 | $4.2B | TKO, INTU, DIS, FICO, MDLZ |
| Q1 2025 | 29 | $3.6B | TKO, INTU, FICO, DIS, MDLZ |
| Q4 2024 | 28 | $4.0B | TKO, FICO, MDLZ, DIS, INTU |
| Q3 2024 | 29 | $4.4B | MDLZ, FICO, INTU, TKO, DIS |
| Q2 2024 | 29 | $4.3B | MDLZ, FICO, INTU, TKO, DIS |
| Q1 2024 | 30 | $4.8B | MDLZ, FICO, INTU, DIS, PEP |