WhaleCreep

Lindsell Train (Nick Train) 13F holdings, Q4 2011

Long-only investorSEC filingsCompare with another fundHoldings as of 2011-12-31, filed 2012-01-24

Lindsell Train (Nick Train) disclosed 6 US equity positions worth $224.0m in its Q4 2011 13F filing. Its largest position is KRAFT FOODS INC at 35.8% of the reported book, followed by DR PEPPER SNAPPLE GROUP INC and EBAY. Versus Q3 2011 it opened 0 new positions, added to 6, reduced 0 and exited 0.

$224m
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
6
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
35.8%
Largest position
The largest single position as a share of the reported equity book.
100%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
4
Effective positions
1 / HHI of portfolio weights: the number of equal-weight positions the book behaves like.
67
Quarters on file since Q4 2009
Quarters for which this manager's 13F holdings are on record.

Holdings

Against Q3 2011: 0 new, 6 added, 0 reduced, 0 exited

6 rows
KRAFT FOODS INC no ticker–35.8%$80.3m2.15m+8.7%added
DR PEPPER SNAPPLE GROUP INC no ticker–26.2%$58.6m1.48m+13%added
EBAY EBAY INC.Consumer Cyclical19.1%$42.7m1.41m+1.9%added
BF/A BROWN FORMAN CORP–8.8%$19.7m249,032+0.9%added
DIS DISNEY WALT COCommunication Services8.1%$18.1m483,369+2.7%added
HSY HERSHEY COConsumer Defensive2.0%$4.5m73,065+2.2%added

Sector mix

  • Unclassified70.8%
  • Consumer Cyclical19.1%
  • Communication Services8.1%
  • Consumer Defensive2.0%

Book over time

Every quarter on file (67)
QuarterPositionsEquity book
Q2 202628$2.6bn
Q1 202627$3.1bn
Q4 202528$3.9bn
Q3 202528$4.1bn
Q2 202529$4.2bn
Q1 202529$3.6bn
Q4 202428$4.0bn
Q3 202429$4.4bn
Q2 202429$4.3bn
Q1 202429$4.8bn
Q4 202330$5.2bn
Q3 202330$5.0bn
Q2 202329$5.6bn
Q1 202329$5.7bn
Q4 202229$5.3bn
Q3 202229$4.9bn
Q2 202229$5.1bn
Q1 202229$6.3bn
Q4 202128$6.9bn
Q3 202127$7.2bn
Q2 202127$7.7bn
Q1 202127$7.1bn
Q4 202027$6.9bn
Q3 202027$6.2bn
Q2 202027$6.0bn
Q1 202010$4.7bn
Q4 201910$6.2bn
Q3 201911$5.9bn
Q2 201911$5.9bn
Q1 201911$5.2bn
Q4 201811$4.1bn
Q3 201812$4.4bn
Q2 201812$4.0bn
Q1 201813$3.8bn
Q4 201712$3.5bn
Q3 201712$3.0bn
Q2 201711$2.6bn
Q1 201711$2.3bn
Q4 201611$2.0bn
Q3 201611$2.0bn
Q2 201611$1.8bn
Q1 201611$1.7bn
Q4 201511$1.7bn
Q3 201511$1.5bn
Q2 201510$1.4bn
Q1 201510$1.2bn
Q4 201410$1.1bn
Q3 201410$881m
Q2 201410$841m
Q1 201410$750m
Q4 201310$623m
Q3 201310$501m
Q2 201310$440m
Q1 20137$356m
Q4 20127$302m
Q3 20126$300m
Q2 20126$269m
Q1 20126$243m
Q4 20116$224m
Q3 20116$193m
Q2 20116$205m
Q1 20116$191m
Q4 20107$175m
Q3 20107$166m
Q2 20107$157m
Q1 20107$165m
Q4 20096$107m

Where Lindsell Train (Nick Train) was early

6 rows
HSY HERSHEY COQ1 20104 of 1251.5%2.4%42Exited by Q3 2025+288%
MDLZ MONDELEZ INTL INCQ4 20121 of 14520.6%31.8%55Held at last filing, Q2 2026+127%
PYPL PAYPAL HLDGS INCQ3 20154 of 3228.9%15.9%44Held at last filing, Q2 2026+39%
KHC KRAFT HEINZ COMPANYQ3 20157 of 1734.4%4.7%11Exited by Q2 2018−12%
BF/B BROWN FORMAN CORPQ1 20186 of 1060.6%1.8%34Held at last filing, Q2 2026−51%
TKO TKO GROUP HOLDINGS INCQ3 20233 of 14210.0%16.1%12Held at last filing, Q2 2026+139%

Concentration and tenure

25.5%
Median largest position, all quarters
The largest single position as a share of the reported equity book.
99.7%
Median top 10 weight, all quarters
The ten largest positions together, as a share of the reported equity book.
Concentrated
Style, by median largest position
11
Median completed holding, quarters