Lindsell Train
13F Holdings and Portfolio Analysis
Michael Lindsell; Nick Train 2025 Q4 13F holdings, quarterly changes, portfolio value trend and position weight distribution.
Lindsell Train Overview
Lindsell Train held 28 stocks in 2025 Q4, with total market value around $3.94B.
Lindsell Train's top five holdings in 2025 Q4: ALPHABET INC CAP STK CL A(GOOGL) 16.58%, TKO GROUP HOLDINGS INC CL A(TKO) 14.95%, INTUIT COM(INTU) 10.25%, Thermo Fisher Scientific Inc.(TMO) 10.13%, The Walt Disney Company(DIS) 10.05%.
- Portfolio Value
- $3.94B
- Current Holdings
- 28 stocks
- New / Increased
- 0 / 4
- Reduced / Exited
- 14 / 0
Current Holdings
| 1 | ALPHABET INC CAP STK CL AGOOGL | 0.65 | 16.58% | 2.09 -6.51% | $313.00 | $375.95 +20.11% | $182.22 | -0.15 | 1.00 | +$0.40B+106.32% | Reduced |
| 2 | TKO GROUP HOLDINGS INC CL ATKO | 0.59 | 14.95% | 2.82 -4.55% | $209.00 | $198.56 -5.00% | $84.10 | -0.13 | 2.50 | +$0.32B+136.10% | Reduced |
| 3 | INTUIT COMINTU | 0.40 | 10.25% | 0.61 -0.25% | $662.42 | $361.49 -45.43% | $140.04 | -0.00 | 12.75 | +$0.14B+158.14% | Reduced |
| 4 | Thermo Fisher Scientific Inc.TMO | 0.40 | 10.13% | 0.69 -15.66% | $579.45 | $538.92 -6.99% | $471.10 | -0.13 | 1.25 | +$0.05B+14.40% | Reduced |
| 5 | The Walt Disney CompanyDIS | 0.40 | 10.05% | 3.48 -6.55% | $113.77 | $110.66 -2.73% | $104.29 | -0.24 | 12.75 | +$0.02B+6.11% | Reduced |
| 6 | FAIR ISAAC CORP COMFICO | 0.37 | 9.29% | 0.22 -2.85% | $1690.62 | $1315.71 -22.18% | $681.35 | -0.01 | 4.00 | +$0.14B+93.10% | Reduced |
| 7 | PEPSICO INC COMPEP | 0.26 | 6.56% | 1.80 -18.15% | $143.52 | - | $119.75 | -0.40 | 10.75 | +$0.04B+19.85% | Reduced |
| 8 | PayPal Holdings, Inc.PYPL | 0.25 | 6.36% | 4.30 -4.13% | $58.38 | $45.76 -21.63% | $69.87 | -0.18 | 10.50 | -$0.10B-34.52% | Reduced |
| 9 | Mondelez International, Inc.MDLZ | 0.24 | 6.12% | 4.48 -10.92% | $53.83 | $62.41 +15.94% | $64.30 | -0.55 | 12.75 | -$0.01B-2.94% | Reduced |
| 10 | EBAY INC. COMEBAY | 0.18 | 4.59% | 2.08 -15.32% | $87.10 | - | $39.31 | -0.38 | 12.75 | +$0.10B+121.55% | Reduced |
| 11 | BROWN-FORMAN CORP-CLASS ABF.A | 0.07 | 1.83% | 2.74 - | $26.31 | - | $48.09 | 0.00 | 12.75 | -$0.06B-45.29% | Held |
| 12 | MANCHESTER UTD PLC NEW ORD CL AMANU | 0.06 | 1.45% | 3.60 -17.82% | $15.92 | - | $18.91 | -0.78 | 8.50 | -$0.01B-15.82% | Reduced |
| 13 | BROWN-FORMAN CORP-CLASS BBF.B | 0.04 | 1.09% | 1.65 - | $26.06 | - | $48.95 | 0.00 | 8.00 | -$0.04B-46.76% | Held |
| 14 | American Express CompanyAXP | 0.00 | 0.09% | 0.01 -3.92% | $369.95 | $345.73 -6.55% | $95.17 | -0.00 | 5.75 | +$0.00B+263.26% | Reduced |
| 15 | S&P Global Inc.SPGI | 0.00 | 0.09% | 0.01 +4.62% | $522.59 | $425.45 -18.59% | $367.67 | +0.00 | 5.75 | +$0.00B+15.72% | Increased |
| 16 | Visa Inc.V | 0.00 | 0.09% | 0.01 - | $350.71 | $320.44 -8.63% | $221.90 | 0.00 | 5.75 | +$0.00B+44.41% | Held |
| 17 | EQUIFAX INC COMMON STOCKEFX | 0.00 | 0.06% | 0.01 +4.76% | $216.98 | $168.53 -22.33% | $180.68 | +0.00 | 5.75 | -$0.00B-6.73% | Increased |
| 18 | CANADIAN PACIFIC KANSAS CITYCP | 0.00 | 0.06% | 0.03 +5.26% | $73.63 | $87.94 +19.44% | $72.90 | +0.00 | 1.00 | +$0.00B+20.64% | Increased |
| 19 | CME GROUP INC COMMON STOCKCME | 0.00 | 0.05% | 0.01 - | $273.08 | - | $170.81 | 0.00 | 5.75 | +$0.00B+59.88% | Held |
| 20 | Adobe Inc.ADBE | 0.00 | 0.05% | 0.01 +17.78% | $349.99 | $333.26 -4.78% | $396.95 | +0.00 | 5.75 | -$0.00B-16.05% | Increased |
| 21 | Oracle CorporationORCL | 0.00 | 0.04% | 0.01 - | $194.91 | $299.00 +53.40% | $117.57 | 0.00 | 5.75 | +$0.00B+154.32% | Held |
| 22 | Verisk Analytics, Inc.VRSK | 0.00 | 0.04% | 0.01 - | $223.69 | $243.36 +8.79% | $184.07 | 0.00 | 5.75 | +$0.00B+32.21% | Held |
| 23 | LAUDER ESTEE COS INC CL AEL | 0.00 | 0.04% | 0.02 - | $104.72 | $82.06 -21.64% | $164.94 | 0.00 | 5.75 | -$0.00B-50.25% | Held |
| 24 | NIKE, Inc.NKE | 0.00 | 0.03% | 0.02 - | $63.71 | $67.64 +6.17% | $97.13 | 0.00 | 5.75 | -$0.00B-30.36% | Held |
| 25 | PRICE T ROWE GROUP INC COMTROW | 0.00 | 0.03% | 0.01 - | $102.38 | - | $121.25 | 0.00 | 5.75 | -$0.00B-15.56% | Held |
Showing 1-25 of 28
"Holding Period (yrs)" is the latest uninterrupted holding duration, calculated by dividing continuous reported quarters by 4.
Cost basis is an estimate and can differ materially from the actual cost, especially in edge cases.
Cost basis estimate: from the latest uninterrupted holding period, new or increased shares are added to the cost pool at the report price; reductions remove shares at the then-average cost. Example: buy 100 shares at $10 in Q1 and add 50 shares at $16 in Q2, estimated cost basis is (100 x 10 + 50 x 16) / 150 = $12 per share.
Return shows estimated dollar return on top and percentage return below. It uses current price when available, otherwise report price.
Portfolio Visuals
Track portfolio value, position weights and Top 10 history.