1y return−4.4%S&P 500 +20.9%
3y return+22.8%S&P 500 +68.5%
5y return+16.1%S&P 500 +74.5%
10y return+180.1%S&P 500 +256.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since June 30, 2016: $280 against $357 in the S&P 500.2
Lindsell Train LtdS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| GOOGLAlphabet Inc | $459.9M | 17.5% | −24.5% |
| TKOTko Group Holdings Inc | $422.5M | 16.1% | −14.3% |
| FICOFair Isaac Corp | $270.2M | 10.3% | −9.3% |
| TMOThermo Fisher Scientific Inc | $258.0M | 9.8% | −16.6% |
| DISDisney Walt Co | $251.0M | 9.5% | −18.7% |
| INTUIntuit | $174.1M | 6.6% | −9.1% |
| MDLZMondelez Intl Inc | $148.4M | 5.6% | −28.0% |
| PEPPepsico Inc | $138.6M | 5.3% | −19.8% |
| PYPLPaypal Hldgs Inc | $136.6M | 5.2% | −24.3% |
| EBAYEbay Inc. | $124.7M | 4.7% | −42.1% |
| Manchester Utd PLC NewCUSIP G5784H106 | $63.3M | 2.4% | −12.2% |
| KKRKkr & Co Inc | $61.3M | 2.3% | New |
| BF/ABrown Forman Corp | $58.4M | 2.2% | −17.4% |
| BF/BBrown Forman Corp | $36.8M | 1.4% | −12.5% |
| VVisa Inc | $3.6M | 0.1% | +1.9% |
| SPGIS&p Global Inc | $3.0M | 0.1% | +1.4% |
| CPCanadian Pacific Kansas City | $2.6M | 0.1% | |
| AXPAmerican Express Co | $2.6M | 0.1% | −15.6% |
| EFXEquifax Inc | $1.9M | 0.1% | +2.6% |
| VRSKVerisk Analytics Inc | $1.7M | 0.1% | +13.1% |
| CMECme Group Inc | $1.5M | 0.1% | |
| ADBEAdobe Inc | $1.4M | 0.1% | |
| WMGWarner Music Group Corp | $1.4M | 0.1% | New |
| ORCLOracle Corp | $1.3M | 0.1% | |
| ELLauder Estee Cos Inc | $1.2M | 0.0% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| AXPAmerican Express Co | June 30, 2020 | +255.3% | $2.6M |
| MSGSMadison Square Grdn Sprt Cor | June 30, 2020 | +173.6% | $1.1M |
| ORCLOracle Corp | June 30, 2020 | +165.2% | $1.3M |
| FICOFair Isaac Corp | March 31, 2022 | +156.1% | $270.2M |
| TKOTko Group Holdings Inc | September 30, 2023 | +139.5% | $422.5M |
| GOOGLAlphabet Inc | March 31, 2025 | +131.1% | $459.9M |
| EBAYEbay Inc. | June 30, 2020 | +113.1% | $124.7M |
| KOCoca Cola Co | June 30, 2020 | +81.9% | $975K |
| VVisa Inc | June 30, 2020 | +77.6% | $3.6M |
| Manchester Utd PLC NewCUSIP G5784H106 | June 30, 2020 | +44.8% | $63.3M |
Sold off last quarter
- CLColgate Palmolive Co was $852K
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +1.8% | +14.8% |
| March 31, 2026 | −12.1% | −4.6% |
| December 31, 2025 | +4.8% | +2.4% |
| September 30, 2025 | +2.0% | +7.8% |
| June 30, 2025 | +8.3% | +10.5% |
| March 31, 2025 | −3.0% | −4.6% |
| December 31, 2024 | −0.6% | +2.1% |
| September 30, 2024 | +11.6% | +5.4% |
| June 30, 2024 | −0.3% | +4.0% |
| March 31, 2024 | +4.9% | +10.0% |
| December 31, 2023 | +9.4% | +11.2% |
| September 30, 2023 | −3.6% | −3.6% |
| June 30, 2023 | +4.2% | +8.3% |
| March 31, 2023 | +9.9% | +7.0% |
| December 31, 2022 | +9.9% | +7.1% |
| September 30, 2022 | −0.6% | −5.3% |
| June 30, 2022 | −13.3% | −16.5% |
| March 31, 2022 | −11.3% | −4.9% |
| December 31, 2021 | +0.7% | +10.7% |
| September 30, 2021 | −2.3% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Lindsell Train Ltd Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1484150&type=13F-HR&dateb=&owner=include&count=40CIK 1484150
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1484150/000117266126002623/Filed July 15, 2026 · accession 0001172661-26-002623