Michael Lindsell, Nick Train - Lindsell Train Portfolio Balances (Sep 30, 2025)

As of Sep 30, 2025, the Lindsell Train portfolio balances reported a total equity value of $4.08B across 28 publicly traded holdings. These balances reflect the most recent SEC 13F filing dated Nov 12, 2025, providing an updated snapshot of assets under management.

The portfolio balances highlight TKO GROUP HOLDINGS INC (TKO) as the single largest position, accounting for 14.6% of total equity value, followed by ALPHABET INC (GOOGL), DISNEY WALT CO (DIS), INTUIT (INTU), and others. Collectively, the top five holdings represent 58.4% of the portfolio, showing how capital is distributed among core positions and long-term investments.