Lindsell Train 13F holdings, Q4 2025
Holdings as of December 31, 2025 · filings on SEC EDGAR · latest filing →
Lindsell Train disclosed 28 US equity positions worth $3.9bn in its Q4 2025 13F filing. The largest position was GOOGL at 16.6% of the reported book, followed by TKO and INTU. Against the Q3 2025 filing, it opened 0 new positions, added to 4 and reduced 13 among the top 28 holdings.
What did Lindsell Train own in Q4 2025? Top 28 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2025 |
|---|---|---|---|---|---|---|---|
| 1 | GOOGL ALPHABET INC | Communication Services | 16.6% | $653.7m | 2,088,598 | -7% | reduced |
| 2 | TKO TKO GROUP HOLDINGS INC | Communication Services | 14.9% | $589.4m | 2,820,204 | -5% | reduced |
| 3 | INTU INTUIT | Technology | 10.3% | $404.2m | 610,251 | -0% | held |
| 4 | TMO THERMO FISHER SCIENTIFIC INC | Healthcare | 10.1% | $399.5m | 689,503 | -16% | reduced |
| 5 | DIS DISNEY WALT CO | Communication Services | 10.0% | $396.1m | 3,481,830 | -7% | reduced |
| 6 | FICO FAIR ISAAC CORP | Technology | 9.3% | $366.2m | 216,593 | -3% | reduced |
| 7 | PEP PEPSICO INC | Consumer Defensive | 6.6% | $258.6m | 1,801,971 | -18% | reduced |
| 8 | PYPL PAYPAL HLDGS INC | Financial Services | 6.4% | $251.0m | 4,298,618 | -4% | reduced |
| 9 | MDLZ MONDELEZ INTL INC | Consumer Defensive | 6.1% | $241.2m | 4,479,854 | -11% | reduced |
| 10 | EBAY EBAY INC. | Consumer Cyclical | 4.6% | $181.1m | 2,079,079 | -15% | reduced |
| 11 | BF/A BROWN FORMAN CORP | 1.8% | $72.2m | 2,742,740 | 0% | held | |
| 12 | MANCHESTER UTD PLC NEW | 1.5% | $57.3m | 3,596,500 | -18% | reduced | |
| 13 | BF/B BROWN FORMAN CORP | 1.1% | $43.0m | 1,649,764 | 0% | held | |
| 14 | AXP AMERICAN EXPRESS CO | Financial Services | 0.1% | $3.6m | 9,800 | -4% | reduced |
| 15 | SPGI S&P GLOBAL INC | Financial Services | 0.1% | $3.6m | 6,800 | 5% | added |
| 16 | V VISA INC | Financial Services | 0.1% | $3.5m | 10,000 | 0% | held |
| 17 | EFX EQUIFAX INC | Industrials | 0.1% | $2.4m | 11,000 | 5% | added |
| 18 | CP CANADIAN PACIFIC KANSAS CITY | Industrials | 0.1% | $2.2m | 30,000 | 5% | added |
| 19 | CME CME GROUP INC | Financial Services | 0.1% | $2.0m | 7,400 | 0% | held |
| 20 | ADBE ADOBE INC | Technology | 0.0% | $1.9m | 5,300 | 18% | added |
| 21 | ORCL ORACLE CORP | Technology | 0.0% | $1.8m | 9,000 | 0% | held |
| 22 | VRSK VERISK ANALYTICS INC | Industrials | 0.0% | $1.7m | 7,500 | 0% | held |
| 23 | EL LAUDER ESTEE COS INC | Consumer Defensive | 0.0% | $1.6m | 15,500 | 0% | held |
| 24 | NKE NIKE INC | Consumer Cyclical | 0.0% | $1.3m | 20,400 | 0% | held |
| 25 | TROW PRICE T ROWE GROUP INC | Financial Services | 0.0% | $1.2m | 12,000 | 0% | held |
| 26 | KO COCA COLA CO | Consumer Defensive | 0.0% | $1.2m | 17,000 | -8% | reduced |
| 27 | CL COLGATE PALMOLIVE CO | Consumer Defensive | 0.0% | $1.2m | 14,600 | -3% | reduced |
| 28 | MSGS MADISON SQUARE GRDN SPRT COR | Communication Services | 0.0% | $853.5k | 3,300 | 0% | held |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.