Lindsell Train Ltd Long-Term Concentrated

Name: Lindsell Train Ltd Q3 2026 13F Filing | 13F Explorer
Creator: Lindsell Train Ltd
Published: 2026-11-02

Location: London, United Kingdom

CIK: 0001484150 · Show all filings

Period: Q3 2026 (← Previous)

Filing Date: Nov 2, 2026

Total Value: $2.356B (100.0% shares, 0.0% debt)

Holdings (28)

Increased Positions (2)

KKR KKR & CO INC 3.8%

Value $90.41M (+47.5%) Shares 990,230 (+48.3%) Share Price $91.30 Est. Cost/Share $98.64 Unrealized @ Report Date -7.4%

WMG WARNER MUSIC GROUP CORP 0.1%

Value $1.519M (+12.2%) Shares 55,000 (+10.0%) Share Price $27.61 Est. Cost/Share $29.55 Unrealized @ Report Date -6.6%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
KKR	KKR & CO INC	990,230 (+48.3%)	$90.41M (+47.5%)	3.8%	$91.30	$98.64	-7.4%	COM	48251W104
WMG	WARNER MUSIC GROUP CORP	55,000 (+10.0%)	$1.519M (+12.2%)	0.1%	$27.61	$29.55	-6.6%	COM CL A	934550203

Decreased Positions (17)

FICO FAIR ISAAC CORP 5.3%

Value $126M (-53.3%) Shares 212,785 (-5.9%) Share Price $592.47 Est. Cost/Share $579.37 Unrealized @ Report Date +2.3%

TKO TKO GROUP HOLDINGS INC 14.8%

Value $349M (-17.5%) Shares 1,939,162 (-7.6%) Share Price $179.72 Est. Cost/Share $99.79 Unrealized @ Report Date +80.1%

GOOGL ALPHABET INC 16.4%

Value $387M (-15.7%) Shares 1,126,045 (-12.5%) Share Price $344.08 Est. Cost/Share $167.66 Unrealized @ Report Date +105.2%

TMO THERMO FISHER SCIENTIFIC INC 12.4%

Value $293M (+13.6%) Shares 391,841 (-23.8%) Share Price $747.93 * Est. Cost/Share $493.81 Unrealized @ Report Date +36.7%

PEP PEPSICO INC 5.1%

Value $121M (-13.1%) Shares 950,988 (-7.1%) Share Price $126.72 Est. Cost/Share $94.64 Unrealized @ Report Date +33.9%

PYPL PAYPAL HLDGS INC 6.6%

Value $154M (+13.1%) Shares 2,939,672 (-7.1%) Share Price $52.53 Est. Cost/Share $74.88 Unrealized @ Report Date -29.8%

EBAY EBAY INC. 4.7%

Value $112M (-10.5%) Shares 1,052,401 (-5.7%) Share Price $106.05 Est. Cost/Share $27.79 Unrealized @ Report Date +281.5%

MANU MANCHESTER UTD PLC NEW 2.2%

Value $52.53M (-16.9%) Shares 2,507,500 (-9.1%) Share Price $20.95 Est. Cost/Share $18.27 Unrealized @ Report Date +14.6%

DIS DISNEY WALT CO 10.2%

Value $241M (-3.9%) Shares 2,299,341 (-11.8%) Share Price $104.90 Est. Cost/Share $100.24 Unrealized @ Report Date +4.7%

BF/A BROWN FORMAN CORP 2.2%

Value $52.1M (-10.8%) Shares 1,941,817 (-9.0%) Share Price $26.83 Est. Cost/Share $36.08 Unrealized @ Report Date -25.6%

MDLZ MONDELEZ INTL INC 6.2%

Value $146M (-1.7%) Shares 2,281,067 (-11.1%) Share Price $63.96 * Est. Cost/Share $35.25 Unrealized @ Report Date +64.0%

BF/B BROWN FORMAN CORP 1.5%

Value $34.78M (-5.4%) Shares 1,327,624 (-3.7%) Share Price $26.20 Est. Cost/Share $43.18 Unrealized @ Report Date -39.3%

INTU INTUIT 7.3%

Value $173M (-0.6%) Shares 627,583 (-5.9%) Share Price $275.71 Est. Cost/Share $185.71 Unrealized @ Report Date +48.5%

AXP AMERICAN EXPRESS CO 0.1%

Value $2.19M (-14.8%) Shares 7,200 (-5.3%) Share Price $304.10 Est. Cost/Share $85.61 Unrealized @ Report Date +255.2%

MSGS MADISON SQUARE GRDN SPRT COR 0.0%

Value $1.094M (-2.8%) Shares 2,700 (-3.6%) Share Price $405.21 * Est. Cost/Share $219.36 Unrealized @ Report Date +145.3%

EL LAUDER ESTEE COS INC 0.0%

Value $1.16M (-2.1%) Shares 12,500 (-16.7%) Share Price $92.77 Est. Cost/Share $148.19 Unrealized @ Report Date -37.4%

KO COCA COLA CO 0.0%

Value $990K (+1.5%) Shares 11,500 (-4.2%) Share Price $86.08 Est. Cost/Share $38.72 Unrealized @ Report Date +122.3%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
FICO	FAIR ISAAC CORP	212,785 (-5.9%)	$126M (-53.3%)	5.3%	$592.47	$579.37	+2.3%	COM	303250104
TKO	TKO GROUP HOLDINGS INC	1,939,162 (-7.6%)	$349M (-17.5%)	14.8%	$179.72	$99.79	+80.1%	CL A	87256C101
GOOGL	ALPHABET INC	1,126,045 (-12.5%)	$387M (-15.7%)	16.4%	$344.08	$167.66	+105.2%	CAP STK CL A	02079K305
TMO	THERMO FISHER SCIENTIFIC INC	391,841 (-23.8%)	$293M (+13.6%)	12.4%	$747.93 *	$493.81	+36.7%	COM	883556102
PEP	PEPSICO INC	950,988 (-7.1%)	$121M (-13.1%)	5.1%	$126.72	$94.64	+33.9%	COM	713448108
PYPL	PAYPAL HLDGS INC	2,939,672 (-7.1%)	$154M (+13.1%)	6.6%	$52.53	$74.88	-29.8%	COM	70450Y103
EBAY	EBAY INC.	1,052,401 (-5.7%)	$112M (-10.5%)	4.7%	$106.05	$27.79	+281.5%	COM	278642103
MANU	MANCHESTER UTD PLC NEW	2,507,500 (-9.1%)	$52.53M (-16.9%)	2.2%	$20.95	$18.27	+14.6%	ORD CL A	G5784H106
DIS	DISNEY WALT CO	2,299,341 (-11.8%)	$241M (-3.9%)	10.2%	$104.90	$100.24	+4.7%	COM	254687106
BF/A	BROWN FORMAN CORP	1,941,817 (-9.0%)	$52.1M (-10.8%)	2.2%	$26.83	$36.08	-25.6%	CL A	115637100
MDLZ	MONDELEZ INTL INC	2,281,067 (-11.1%)	$146M (-1.7%)	6.2%	$63.96 *	$35.25	+64.0%	CL A	609207105
BF/B	BROWN FORMAN CORP	1,327,624 (-3.7%)	$34.78M (-5.4%)	1.5%	$26.20	$43.18	-39.3%	CL B	115637209
INTU	INTUIT	627,583 (-5.9%)	$173M (-0.6%)	7.3%	$275.71	$185.71	+48.5%	COM	461202103
AXP	AMERICAN EXPRESS CO	7,200 (-5.3%)	$2.19M (-14.8%)	0.1%	$304.10	$85.61	+255.2%	COM	025816109
MSGS	MADISON SQUARE GRDN SPRT COR	2,700 (-3.6%)	$1.094M (-2.8%)	0.0%	$405.21 *	$219.36	+145.3%	CL A	55825T103
EL	LAUDER ESTEE COS INC	12,500 (-16.7%)	$1.16M (-2.1%)	0.0%	$92.77	$148.19	-37.4%	CL A	518439104
KO	COCA COLA CO	11,500 (-4.2%)	$990K (+1.5%)	0.0%	$86.08	$38.72	+122.3%	COM	191216100

Unchanged Positions (9)

CME CME GROUP INC 0.1%

Value $1.808M Shares 6,900 Share Price $261.98 Est. Cost/Share $151.63 Unrealized @ Report Date +72.8%

EFX EQUIFAX INC 0.1%

Value $1.619M Shares 11,800 Share Price $137.24 Est. Cost/Share $155.19 Unrealized @ Report Date -11.6%

ADBE ADOBE INC 0.1%

Value $1.68M Shares 7,000 Share Price $239.94 Est. Cost/Share $339.23 Unrealized @ Report Date -29.3%

V VISA INC 0.2%

Value $3.773M Shares 10,500 Share Price $359.33 Est. Cost/Share $216.02 Unrealized @ Report Date +66.3%

NKE NIKE INC 0.0%

Value $743K Shares 21,000 Share Price $35.40 Est. Cost/Share $85.43 Unrealized @ Report Date -58.6%

VRSK VERISK ANALYTICS INC 0.1%

Value $1.595M Shares 9,500 Share Price $167.85 Est. Cost/Share $174.72 Unrealized @ Report Date -3.9%

SPGI S&P GLOBAL INC 0.1%

Value $2.919M Shares 7,400 Share Price $394.47 Est. Cost/Share $343.56 Unrealized @ Report Date +14.8%

ORCL ORACLE CORP 0.1%

Value $1.236M Shares 9,000 Share Price $137.30 Est. Cost/Share $50.11 Unrealized @ Report Date +174.0%

CP CANADIAN PACIFIC KANSAS CITY 0.1%

Value $2.553M Shares 30,000 Share Price $85.10 Est. Cost/Share $75.86 Unrealized @ Report Date +12.2%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
CME	CME GROUP INC	6,900	$1.808M	0.1%	$261.98	$151.63	+72.8%	COM	12572Q105
EFX	EQUIFAX INC	11,800	$1.619M	0.1%	$137.24	$155.19	-11.6%	COM	294429105
ADBE	ADOBE INC	7,000	$1.68M	0.1%	$239.94	$339.23	-29.3%	COM	00724F101
V	VISA INC	10,500	$3.773M	0.2%	$359.33	$216.02	+66.3%	COM CL A	92826C839
NKE	NIKE INC	21,000	$743K	0.0%	$35.40	$85.43	-58.6%	CL B	654106103
VRSK	VERISK ANALYTICS INC	9,500	$1.595M	0.1%	$167.85	$174.72	-3.9%	COM	92345Y106
SPGI	S&P GLOBAL INC	7,400	$2.919M	0.1%	$394.47	$343.56	+14.8%	COM	78409V104
ORCL	ORACLE CORP	9,000	$1.236M	0.1%	$137.30	$50.11	+174.0%	COM	68389X105
CP	CANADIAN PACIFIC KANSAS CITY	30,000	$2.553M	0.1%	$85.10	$75.86	+12.2%	COM	13646K108