Lindsell Train Ltd
London, X0 · CIK 1484150 · 13F filing filed 2024-02-13
SEC-registered investment adviser since 2011 · corporation
- Assets managed$9.3bn
- Staff30 · 6 in investment roles
- Main clients (by assets)Private funds 94%, Pension plans 6%
- Private funds2 · $305.1m gross assets
- Websitelindselltrain.com
- Form ADV · 2026-04-27SEC adviser record
- Legal entityLINDSELL TRAIN LIMITED (GB)
- KindFCA fund manager
- Others nearbyLondon
As an employer
- Offices in1 country
- Private fundsother private 2
In the UK
- FCA-authorised companies1
- Manages investmentsyes
- Runs fundsyes
- Retail clientsno, professional only
| Company | Staff |
|---|---|
| LINDSELL TRAIN LIMITED Private Limited CompanyFCA: Authorised · manages investments, manages AIFs, advises, deals |
Sources: Companies House (accounts filed electronically; the largest groups often file on paper, so their staff numbers can be missing), the UK gender pay gap service (employers with 250+ staff) and the FCA's Financial Services Register. Contains public sector information licensed under the Open Government Licence v3.0.
$5.2bn
reported value
+3.5% vs Q3 2023
30positions
99.1%in top 10
2 new
3 added
8 reduced
2 sold out
vs Q3 2023
Holdings, Q4 2023
The small lines show how much was held over the last 4 quarters (adjusted for stock splits).
| Security | Value | Change |
|---|---|---|
| MONDELEZ INTL INC MDLZ | $1.2bn23.67% | Reduced -656.6k |
| FAIR ISAAC CORP FICO | $704.1m13.66% | Reduced -107.9k |
| INTUIT INTU | $684.8m13.28% | Reduced -119.0k |
| PEPSICO INC PEP | $551.5m10.69% | Reduced -75.5k |
| DISNEY WALT CO DIS | $501.6m9.73% | Reduced -31.0k |
| TKO GROUP HOLDINGS INC TKO | $480.0m9.31% | Reduced -12.0k |
| PAYPAL HLDGS INC PYPL | $322.7m6.26% | Reduced -59.0k |
| EBAY INC. EBAY | $243.4m4.72% | Reduced -598.0k |
| MANCHESTER UTD PLC NEW MANU | $226.2m4.39% | Unchanged |
| BROWN FORMAN CORP BF.A | $175.0m3.39% | Added +1.0k |
| BROWN FORMAN CORP BF.B | $16.6m0.32% | Unchanged |
| S&P GLOBAL INC SPGI | $2.6m0.05% | Unchanged |
| EQUIFAX INC EFX | $2.5m0.05% | Unchanged |
| ALPHABET INC GOOG | $2.4m0.05% | New |
| AMERICAN EXPRESS CO AXP | $2.2m0.04% | Unchanged |
| ADOBE INC ADBE | $2.1m0.04% | Unchanged |
| ORACLE CORP ORCL | $2.0m0.04% | Unchanged |
| VISA INC V | $2.0m0.04% | Added +400 |
| CME GROUP INC CME | $1.8m0.04% | Unchanged |
| VERISK ANALYTICS INC VRSK | $1.7m0.03% | Unchanged |
| NIKE INC NKE | $1.7m0.03% | Unchanged |
| LAUDER ESTEE COS INC EL | $1.7m0.03% | Added +900 |
| COLGATE PALMOLIVE CO CL | $1.6m0.03% | Unchanged |
| PRICE T ROWE GROUP INC TROW | $1.3m0.03% | Unchanged |
| COCA COLA CO KO | $1.2m0.02% | Unchanged |
| HERSHEY CO HSY | $950.8k0.02% | Unchanged |
| JOHNSON & JOHNSON JNJ | $950.7k0.02% | Unchanged |
| MADISON SQUARE GRDN SPRT COR MSGS | $599.8k0.01% | Unchanged |
| KENVUE INC KVUE | $317.3k0.01% | Unchanged |
| CAZOO GROUP LTD CZOOF | $76.8k0.00% | New |
Sold out since Q3 2023
| Security | Value then |
|---|---|
| ALPHABET INC GOOGL | $2.2m16.9k shares |
| CAZOO GROUP LTD CZOO | $451.8k829.0k shares |
Stakes above 5%
Companies where this manager has reported owning more than 5% of a class of shares, on Schedule 13D (may seek influence) or 13G (passive): its latest filing for each, from 19 Dec 2024 on.
| Company | Stake |
|---|---|
| MANCHESTER UTD PLC NEW MANU · 13G · filed 2026-01-06 | 6.4%≈ $82.5m |