13F tracker › Lindsell Train
Lindsell Train 13F holdings, Q3 2026
Lindsell Train (investment firm co-founded by Nick Train) reported 28 US-listed positions worth $2.4B in its Form 13F for the quarter ended September 30, 2026, filed with the SEC on November 2, 2026. Compared with Q2 2026, the filing shows 0 new positions, 2 increased, 17 reduced, and 0 exited.
Largest holdings
| Company | Value | Weight | Shares |
|---|---|---|---|
| Alphabet Inc | $387.4M | 16.4% | 1,126,045 |
| Tko Group Holdings Inc | $348.5M | 14.8% | 1,939,162 |
| Thermo Fisher Scientific Inc | $293.1M | 12.4% | 391,841 |
| Disney Walt Co | $241.2M | 10.2% | 2,299,341 |
| Intuit | $173.0M | 7.3% | 627,583 |
| Paypal Hldgs Inc | $154.4M | 6.6% | 2,939,672 |
| Mondelez Intl Inc | $145.9M | 6.2% | 2,281,067 |
| Fair Isaac Corp | $126.1M | 5.3% | 212,785 |
| Pepsico Inc | $120.5M | 5.1% | 950,988 |
| Ebay Inc. | $111.6M | 4.7% | 1,052,401 |
| Kkr & Co Inc | $90.4M | 3.8% | 990,230 |
| Manchester Utd Plc New | $52.5M | 2.2% | 2,507,500 |
| Brown Forman Corp (Class A) | $52.1M | 2.2% | 1,941,817 |
| Brown Forman Corp (Class B) | $34.8M | 1.5% | 1,327,624 |
| Visa Inc | $3.8M | 0.2% | 10,500 |
| S&P Global Inc | $2.9M | 0.1% | 7,400 |
| Canadian Pacific Kansas City | $2.6M | 0.1% | 30,000 |
| American Express Co | $2.2M | 0.1% | 7,200 |
| Cme Group Inc | $1.8M | 0.1% | 6,900 |
| Adobe Inc | $1.7M | 0.1% | 7,000 |
| Equifax Inc | $1.6M | 0.1% | 11,800 |
| Verisk Analytics Inc | $1.6M | 0.1% | 9,500 |
| Warner Music Group Corp | $1.5M | 0.1% | 55,000 |
| Oracle Corp | $1.2M | 0.1% | 9,000 |
| Lauder Estee Cos Inc | $1.2M | 0.0% | 12,500 |
Positions increased
| Company | Value | Share change | Shares |
|---|---|---|---|
| Kkr & Co Inc | $90.4M | +48% | 990,230 |
| Warner Music Group Corp | $1.5M | +10% | 55,000 |
Positions reduced
| Company | Value | Share change | Shares |
|---|---|---|---|
| Alphabet Inc | $387.4M | -12% | 1,126,045 |
| Tko Group Holdings Inc | $348.5M | -8% | 1,939,162 |
| Thermo Fisher Scientific Inc | $293.1M | -24% | 391,841 |
| Disney Walt Co | $241.2M | -12% | 2,299,341 |
| Intuit | $173.0M | -6% | 627,583 |
| Paypal Hldgs Inc | $154.4M | -7% | 2,939,672 |
| Mondelez Intl Inc | $145.9M | -11% | 2,281,067 |
| Fair Isaac Corp | $126.1M | -6% | 212,785 |
| Pepsico Inc | $120.5M | -7% | 950,988 |
| Ebay Inc. | $111.6M | -6% | 1,052,401 |
| Manchester Utd Plc New | $52.5M | -9% | 2,507,500 |
| Brown Forman Corp (Class A) | $52.1M | -9% | 1,941,817 |
| Brown Forman Corp (Class B) | $34.8M | -4% | 1,327,624 |
| American Express Co | $2.2M | -5% | 7,200 |
| Lauder Estee Cos Inc | $1.2M | -17% | 12,500 |
How to read this. A Form 13F lists long positions in US-listed securities at
quarter-end. It is filed up to 45 days later and does not show short positions, most derivatives, non-US holdings, cash, or
trades made after the quarter ended, so it is a historical snapshot—not a current portfolio. Values are as reported in the
filing. This page is not investment advice and does not suggest buying or selling any security.
Source: SEC EDGAR filing (Q3 2026), previous filing (Q2 2026). Updated 2026-11-11.