Lindsell TrainSuperinvestor
About Lindsell Train’s 13F portfolio
Lindsell Train is an institutional investment manager that discloses its US-listed holdings each quarter through an SEC Form 13F filing. As of , Lindsell Train reported $2.6B across 28 US-listed positions (). Its largest position is ALPHABET INC (GOOGL) at 17% of the reported book, and its ten biggest holdings make up 91% of the portfolio. Browse every manager in the fund managers directory, or see the legendary investors we track on the superinvestors page.
| # | Stock | Price | % of portfolio | Shares | Value |
|---|---|---|---|---|---|
| 1 |  GOOGL ALPHABET INC | $326.56 +2.13% | 17% | 1.3M | $459.9M |
| 2 |  TKO TKO GROUP HOLDINGS INC | $182.86 +1.24% | 16% | 2.1M | $422.5M |
| 3 |  FICO FAIR ISAAC CORP | $1,280.57 +3.49% | 10% | 226K | $270.2M |
| 4 |  TMO THERMO FISHER SCIENTIFIC INC | $559.53 −1.54% | 9.8% | 515K | $258.0M |
| 5 |  DIS DISNEY WALT CO | $96.65 +1.90% | 9.5% | 2.6M | $251.0M |
| 6 |  INTU INTUIT | $303.91 +2.56% | 6.6% | 667K | $174.1M |
| 7 |  MDLZ MONDELEZ INTL INC | $60.67 +0.25% | 5.6% | 2.6M | $148.4M |
| 8 |  PEP PEPSICO INC | $139.79 +2.31% | 5.3% | 1.0M | $138.6M |
| 9 |  PYPL PAYPAL HLDGS INC | $56.07 −0.14% | 5.2% | 3.2M | $136.6M |
| 10 |  EBAY EBAY INC. | $113.21 +3.49% | 4.7% | 1.1M | $124.7M |
| 11 |  MANU MANCHESTER UTD PLC NEW | $22.99 +1.41% | 2.4% | 2.8M | $63.3M |
| 12 |  KKR KKR & CO INC | $101.63 +2.28% | 2.3% | 668K | $61.3M |
| 13 |  BF-A BROWN FORMAN CORP | $27.93 +4.57% | 2.2% | 2.1M | $58.4M |
| 14 |  BF-B BROWN FORMAN CORP | $27.40 +5.06% | 1.4% | 1.4M | $36.8M |
| 15 |  V VISA INC | $362.53 +1.91% | 0.1% | 11K | $3.6M |
| 16 |  SPGI S&P GLOBAL INC | $439.83 +3.15% | 0.1% | 7K | $3.0M |
| 17 |  CP CANADIAN PACIFIC KANSAS CITY | $91.40 −1.04% | 0.1% | 30K | $2.6M |
| 18 |  AXP AMERICAN EXPRESS CO | $335.39 +2.83% | 0.1% | 8K | $2.6M |
| 19 |  EFX EQUIFAX INC | $177.31 +2.76% | 0.1% | 12K | $1.9M |
| 20 |  VRSK VERISK ANALYTICS INC | $206.66 +2.64% | 0.1% | 10K | $1.7M |
| 21 |  CME CME GROUP INC | $255.36 +0.02% | 0.1% | 7K | $1.5M |
| 22 |  ADBE ADOBE INC | $237.75 +5.62% | 0.1% | 7K | $1.4M |
| 23 |  WMG WARNER MUSIC GROUP CORP | $27.61 +3.99% | 0.1% | 50K | $1.4M |
| 24 |  ORCL ORACLE CORP | $119.90 +4.27% | 0.1% | 9K | $1.3M |
| 25 |  EL LAUDER ESTEE COS INC | $83.20 +3.62% | 0.0% | 15K | $1.2M |
Showing 1–25 of 28 positions on this page reported in this 13F.
- Communication Services46%
- Technology17%
- Consumer Defensive15%
- Healthcare9.8%
- Financial Services7.9%
- Consumer Cyclical4.8%
- Industrials0.2%
- NewKKRKKR & CO INC—$61.3M
- AddedVVISA INC+1.9%$3.6M
- AddedSPGIS&P GLOBAL INC+1.4%$3.0M
- AddedEFXEQUIFAX INC+2.6%$1.9M
- AddedVRSKVERISK ANALYTICS INC+13.1%$1.7M
- NewWMGWARNER MUSIC GROUP CORP—$1.4M
- AddedNKENIKE INC+1.0%$862K
- ReducedGOOGLALPHABET INC−24.5%$459.9M
- ReducedTKOTKO GROUP HOLDINGS INC−14.3%$422.5M
- ReducedFICOFAIR ISAAC CORP−9.3%$270.2M
- ReducedTMOTHERMO FISHER SCIENTIFIC INC−16.6%$258.0M
- ReducedDISDISNEY WALT CO−18.7%$251.0M
- ReducedINTUINTUIT−9.1%$174.1M
- ReducedMDLZMONDELEZ INTL INC−28.0%$148.4M
- ReducedPEPPEPSICO INC−19.8%$138.6M
- ReducedPYPLPAYPAL HLDGS INC−24.3%$136.6M
- ReducedEBAYEBAY INC.−42.1%$124.7M
Reading Lindsell Train’s 13F portfolio
Lindsell Train’s $2.6B 13F book is spread across 28 reported positions and is highly concentrated — its ten largest positions alone are 91% of the portfolio. A book this concentrated means a small group of names drives most of its performance. Its five largest positions are GOOGL, TKO, FICO, TMO and DIS, led by ALPHABET INC (GOOGL) at 17% of the portfolio. The heaviest sector exposure is Communication Services (46%), then Technology (17%).
What Lindsell Train changed last quarter
Between 2026-03-31 and Q2 2026, Lindsell Train was a net seller: it opened 2 new positions and added to 5 more, while trimming 14 and closing 1 outright. Against a 28-name book, that is moderate turnover, pointing to steady rotation within the portfolio. Its largest new or increased position was KKR & CO INC (KKR), and its biggest reduction was ALPHABET INC (GOOGL).
What a 13F does and doesn’t reveal
A 13F captures only Lindsell Train’s long positions in US-listed stocks at a single quarter-end, so it is best read as a lagged snapshot rather than a live portfolio. It won’t show shorts, cash, bonds, or holdings listed outside the US, and it never reveals the price paid or the reasoning behind a trade. The signal is in the pattern over time: which names Lindsell Train is building up, trimming, or exiting, and how concentrated the book stays from quarter to quarter.
Frequently asked questions
What is an SEC 13F filing?
A Form 13F is a report that every institutional investment manager with at least $100 million in US-listed securities must file with the SEC within 45 days of each quarter's end. It lists the manager's long positions in US-listed stocks and certain options, with the share count and market value of each. Lindsell Train's profile on this page is built directly from those filings.
How current is the 13F data on Lindsell Train's page?
It reflects Lindsell Train's most recently filed 13F, currently the quarter ending Q2 2026. Because managers have up to 45 days after a quarter closes to file, a 13F is always a slightly lagged view rather than a live portfolio. When Lindsell Train files its next quarterly report, this page refreshes automatically.
Can I see Lindsell Train's complete list of holdings?
This page highlights Lindsell Train's largest positions rather than all 28 names in the filing. The complete, position-by-position 13F is public and available from the SEC's EDGAR database under Lindsell Train's filings.
Does a 13F show everything Lindsell Train owns?
No. A 13F only covers long positions in US-listed stocks and certain options. It leaves out short positions, cash, bonds, commodities, foreign-listed stocks, and private holdings, so it is a partial view of Lindsell Train's book rather than its full strategy or total assets.
Is 13F data investment advice?
No. Everything here is educational. 13F positions are disclosed with a delay, cover only long US-listed holdings, and never explain why Lindsell Train made a trade or at what price. Treat it as a research lens, not a recommendation, and speak with a licensed financial advisor before making investment decisions.
Not investment advice. Holdings data comes from public SEC Form 13F filings, which are filed with a delay of up to 45 days and may be amended later. It describes historical, disclosed positions in US-listed securities only, meaning no shorts, cash, or foreign holdings, and it is not a recommendation. Always do your own research and speak with a licensed financial advisor before making investment decisions.