{
 "manager": "Lindsell Train",
 "page": "https://www.moatshark.com/m/lindsell-train",
 "form": "13F-HR",
 "period": "2026-06-30",
 "filed": "2026-07-15",
 "previous_period": "2026-03-31",
 "filing_url": "https://www.sec.gov/Archives/edgar/data/1484150/000117266126002623/0001172661-26-002623-index.htm",
 "total_value_usd": 2628784112,
 "note": "Source: SEC filings via moatshark. Values and changes are estimates; not investment advice.",
 "holdings": [
  {
   "company": "Alphabet",
   "ticker": "GOOG",
   "moatshark_slug": "goog",
   "sector": "Communication and media",
   "value_usd": 459879798,
   "shares": 1286845,
   "portfolio_pct": 17.49,
   "previous_pct": 15.63,
   "change": "REDUCE",
   "share_change_pct": -24.5,
   "quarters_held": 6
  },
  {
   "company": "TKO Group Holdings",
   "ticker": "TKO",
   "moatshark_slug": "tko",
   "sector": "Consumer discretionary",
   "value_usd": 422521909,
   "shares": 2098862,
   "portfolio_pct": 16.07,
   "previous_pct": 15.75,
   "change": "REDUCE",
   "share_change_pct": -14.3,
   "quarters_held": 12
  },
  {
   "company": "Fair Isaac",
   "ticker": "FICO",
   "moatshark_slug": "fico",
   "sector": "Technology",
   "value_usd": 270242509,
   "shares": 226186,
   "portfolio_pct": 10.28,
   "previous_pct": 8.49,
   "change": "REDUCE",
   "share_change_pct": -9.3,
   "quarters_held": 18
  },
  {
   "company": "Thermo Fisher Scientific",
   "ticker": "TMO",
   "moatshark_slug": "tmo",
   "sector": "Technology",
   "value_usd": 257955736,
   "shares": 514512,
   "portfolio_pct": 9.81,
   "previous_pct": 9.67,
   "change": "REDUCE",
   "share_change_pct": -16.6,
   "quarters_held": 7
  },
  {
   "company": "Walt Disney",
   "ticker": "DIS",
   "moatshark_slug": "dis",
   "sector": "Consumer discretionary",
   "value_usd": 251005178,
   "shares": 2607846,
   "portfolio_pct": 9.55,
   "previous_pct": 9.85,
   "change": "REDUCE",
   "share_change_pct": -18.7,
   "quarters_held": 53
  },
  {
   "company": "Intuit",
   "ticker": "INTU",
   "moatshark_slug": "intu",
   "sector": "Technology",
   "value_usd": 174056463,
   "shares": 666883,
   "portfolio_pct": 6.62,
   "previous_pct": 10.11,
   "change": "REDUCE",
   "share_change_pct": -9.1,
   "quarters_held": 53
  },
  {
   "company": "Mondelez International",
   "ticker": "MDLZ",
   "moatshark_slug": "mdlz",
   "sector": "Consumer staples",
   "value_usd": 148385802,
   "shares": 2565453,
   "portfolio_pct": 5.64,
   "previous_pct": 6.55,
   "change": "REDUCE",
   "share_change_pct": -28,
   "quarters_held": 53
  },
  {
   "company": "Pepsico",
   "ticker": "PEP",
   "moatshark_slug": "pep",
   "sector": "Consumer staples",
   "value_usd": 138609792,
   "shares": 1023706,
   "portfolio_pct": 5.27,
   "previous_pct": 6.32,
   "change": "REDUCE",
   "share_change_pct": -19.8,
   "quarters_held": 45
  },
  {
   "company": "Paypal Holdings",
   "ticker": "PYPL",
   "moatshark_slug": "pypl",
   "sector": "Financials",
   "value_usd": 136564177,
   "shares": 3162672,
   "portfolio_pct": 5.19,
   "previous_pct": 6.03,
   "change": "REDUCE",
   "share_change_pct": -24.3,
   "quarters_held": 44
  },
  {
   "company": "Ebay",
   "ticker": "EBAY",
   "moatshark_slug": "ebay",
   "sector": "Consumer discretionary",
   "value_usd": 124713112,
   "shares": 1116001,
   "portfolio_pct": 4.74,
   "previous_pct": 5.59,
   "change": "REDUCE",
   "share_change_pct": -42.1,
   "quarters_held": 53
  },
  {
   "company": "Brown Forman",
   "ticker": "BF.B",
   "moatshark_slug": "bf-b",
   "sector": "Consumer staples",
   "value_usd": 95166812,
   "shares": 3514113,
   "portfolio_pct": 3.62,
   "previous_pct": 3.54,
   "change": "REDUCE",
   "share_change_pct": -15.6,
   "quarters_held": 53
  },
  {
   "company": "Manchester United",
   "ticker": "MANU",
   "moatshark_slug": "manu",
   "sector": "Consumer discretionary",
   "value_usd": 63251167,
   "shares": 2758446,
   "portfolio_pct": 2.41,
   "previous_pct": 1.68,
   "change": "REDUCE",
   "share_change_pct": -12.2,
   "quarters_held": 36
  },
  {
   "company": "KKR & Co.",
   "ticker": "KKR",
   "moatshark_slug": "kkr",
   "sector": "Financials",
   "value_usd": 61288848,
   "shares": 667780,
   "portfolio_pct": 2.33,
   "previous_pct": null,
   "change": "NEW",
   "share_change_pct": null,
   "quarters_held": 1
  },
  {
   "company": "Visa",
   "ticker": "V",
   "moatshark_slug": "v",
   "sector": "Financials",
   "value_usd": 3602445,
   "shares": 10500,
   "portfolio_pct": 0.14,
   "previous_pct": 0.1,
   "change": "ADD",
   "share_change_pct": 1.9,
   "quarters_held": 25
  },
  {
   "company": "S&P Global",
   "ticker": "SPGI",
   "moatshark_slug": "spgi",
   "sector": "Financials",
   "value_usd": 3013724,
   "shares": 7400,
   "portfolio_pct": 0.11,
   "previous_pct": 0.1,
   "change": "ADD",
   "share_change_pct": 1.4,
   "quarters_held": 25
  },
  {
   "company": "Canadian Pacific Kansas City",
   "ticker": "CP",
   "moatshark_slug": "cp",
   "sector": "Industrials",
   "value_usd": 2599500,
   "shares": 30000,
   "portfolio_pct": 0.1,
   "previous_pct": 0.08,
   "change": "HOLD",
   "share_change_pct": 0,
   "quarters_held": 6
  },
  {
   "company": "American Express",
   "ticker": "AXP",
   "moatshark_slug": "axp",
   "sector": "Financials",
   "value_usd": 2570700,
   "shares": 7600,
   "portfolio_pct": 0.1,
   "previous_pct": 0.09,
   "change": "REDUCE",
   "share_change_pct": -15.6,
   "quarters_held": 25
  },
  {
   "company": "Equifax",
   "ticker": "EFX",
   "moatshark_slug": "efx",
   "sector": "Industrials",
   "value_usd": 1872896,
   "shares": 11800,
   "portfolio_pct": 0.07,
   "previous_pct": 0.07,
   "change": "ADD",
   "share_change_pct": 2.6,
   "quarters_held": 25
  },
  {
   "company": "Verisk Analytics",
   "ticker": "VRSK",
   "moatshark_slug": "vrsk",
   "sector": "Technology",
   "value_usd": 1705535,
   "shares": 9500,
   "portfolio_pct": 0.06,
   "previous_pct": 0.05,
   "change": "ADD",
   "share_change_pct": 13.1,
   "quarters_held": 25
  },
  {
   "company": "CME Group",
   "ticker": "CME",
   "moatshark_slug": "cme",
   "sector": "Financials",
   "value_usd": 1523727,
   "shares": 6900,
   "portfolio_pct": 0.06,
   "previous_pct": 0.06,
   "change": "HOLD",
   "share_change_pct": 0,
   "quarters_held": 25
  },
  {
   "company": "Adobe",
   "ticker": "ADBE",
   "moatshark_slug": "adbe",
   "sector": "Technology",
   "value_usd": 1435140,
   "shares": 7000,
   "portfolio_pct": 0.05,
   "previous_pct": 0.05,
   "change": "HOLD",
   "share_change_pct": 0,
   "quarters_held": 25
  },
  {
   "company": "Warner Music Group",
   "ticker": "WMG",
   "moatshark_slug": "wmg",
   "sector": "Consumer discretionary",
   "value_usd": 1353500,
   "shares": 50000,
   "portfolio_pct": 0.05,
   "previous_pct": null,
   "change": "NEW",
   "share_change_pct": null,
   "quarters_held": 1
  },
  {
   "company": "Oracle",
   "ticker": "ORCL",
   "moatshark_slug": "orcl",
   "sector": "Technology",
   "value_usd": 1318950,
   "shares": 9000,
   "portfolio_pct": 0.05,
   "previous_pct": 0.04,
   "change": "HOLD",
   "share_change_pct": 0,
   "quarters_held": 25
  },
  {
   "company": "Estée Lauder",
   "ticker": "EL",
   "moatshark_slug": "el",
   "sector": "Materials",
   "value_usd": 1184250,
   "shares": 15000,
   "portfolio_pct": 0.05,
   "previous_pct": 0.03,
   "change": "HOLD",
   "share_change_pct": 0,
   "quarters_held": 25
  },
  {
   "company": "Madison Square Garden Sports",
   "ticker": "MSGS",
   "moatshark_slug": "msgs",
   "sector": "Consumer discretionary",
   "value_usd": 1125152,
   "shares": 2800,
   "portfolio_pct": 0.04,
   "previous_pct": 0.03,
   "change": "HOLD",
   "share_change_pct": 0,
   "quarters_held": 25
  },
  {
   "company": "Coca-Cola",
   "ticker": "KO",
   "moatshark_slug": "ko",
   "sector": "Consumer staples",
   "value_usd": 975240,
   "shares": 12000,
   "portfolio_pct": 0.04,
   "previous_pct": 0.03,
   "change": "HOLD",
   "share_change_pct": 0,
   "quarters_held": 25
  },
  {
   "company": "Nike",
   "ticker": "NKE",
   "moatshark_slug": "nke",
   "sector": "Other",
   "value_usd": 862050,
   "shares": 21000,
   "portfolio_pct": 0.03,
   "previous_pct": 0.04,
   "change": "ADD",
   "share_change_pct": 1,
   "quarters_held": 25
  },
  {
   "company": "Colgate-Palmolive",
   "ticker": "CL",
   "moatshark_slug": "cl",
   "sector": "Materials",
   "value_usd": 0,
   "shares": 0,
   "portfolio_pct": 0,
   "previous_pct": 0.03,
   "change": "EXIT",
   "share_change_pct": null,
   "quarters_held": 24
  }
 ]
}