Lindsell Train (Nick Train) disclosed 12 US equity positions worth $3.5bn in its Q4 2017 13F filing. Its largest position is MDLZ at 27.2% of the reported book, followed by PYPL and INTU. Versus Q3 2017 it opened 0 new positions, added to 7, reduced 3 and exited 0.
$3.5bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
12
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
27.2%
Largest position
The largest single position as a share of the reported equity book.
98.6%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
7
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.