AKO Capital

Q4 2020 13F · by Patrick Hargreaves, CEO

As of: Dec 31, 2020
Filed: Feb 2, 2021
US stock: $7.8B · prev $6.4B
Positions: 26 · prev 25
Options notional: $0
Documents: 1· no amendments

Picture100.0% US stock

Full picture · of what this 13F reports is US stock

US stock listed on a US exchange 100.0%
Foreign stock not listed in the US 0.0%
Notes debt, at principal 0.0%
Puts at notional value 0.0%
Calls at notional value 0.0%

Moves26 since the prior filing

+5.0 pp in · −5.0 pp out

New 1 +0.98 pp
Added 17 +4.06 pp
Trimmed 8 −5.04 pp
Exited 0 0.00 pp

The book

Concentrated · behaves like 18 equal-sized positions

Very concentrated
Concentrated
Focused
Diversified

Low turnover · 18% a year, about 5.6 years per position

Low
Moderate
High

Top 5 positions39% of US stock

99952EUR Linde PLC/OLD trimmed−1.36 pp trimmed−1.3612.4%
BKNG Booking Holdings Inc. added+5.00 pp added+5.007.9%
EBAY eBay Inc added−0.28 pp added−0.287.1%
V VISA Inc. added+0.02 pp added+0.026.6%
EL The Estee Lauder Companies Inc. Class A trimmed−0.16 pp trimmed−0.165.4%

Positions26 in this filing · 0 exited


99952EURLinde PLC/OLD	12.44%	3,688,572	$965M	trimmed−1%	−1.36 pp	9 q
BKNGBooking Holdings Inc.	7.88%	274,374	$611M	added×2.6	+5.00 pp	4 q
EBAYeBay Inc	7.12%	10,988,924	$552M	added+21%	−0.28 pp	4 q
VVISA Inc.	6.59%	2,338,562	$512M	added+12%	+0.02 pp	10 q
ELThe Estee Lauder Companies Inc. Class A	5.40%	1,574,795	$419M	trimmed−3%	−0.16 pp	10 q
GOOGAlphabet Inc. Class C	4.84%	214,541	$376M	added+14%	+0.49 pp	10 q
NKENike, Inc.	4.63%	2,539,326	$359M	added+8%	−0.02 pp	10 q
RACEFerrari N.V.	4.32%	1,455,219	$335M	trimmed−19%	−0.89 pp	10 q
OTISOtis Worldwide Corporation	4.06%	4,658,121	$315M	added+3%	−0.39 pp	3 q
PGProcter & Gamble Company	3.96%	2,205,875	$307M	added+3%	−0.73 pp	9 q
ALCAlcon Inc.	3.79%	4,428,514	$294M	added+38%	+0.92 pp	7 q
ZTSZoetis Inc.	3.39%	1,589,663	$263M	added+3%	−0.63 pp	7 q
MARMarriott International Class A	3.31%	1,946,651	$257M	trimmed−9%	+0.20 pp	4 q
ALLEAllegion Public Limited Company	3.20%	2,134,258	$248M	added+6%	+0.07 pp	10 q
TMOThermo Fisher Scientific, Inc.	3.18%	529,274	$247M	added+22%	+0.16 pp	2 q
ADBEAdobe Inc.	2.97%	460,964	$231M	added+3%	−0.49 pp	4 q
VRSKVerisk Analytics, Inc.	2.67%	999,627	$208M	added+3%	−0.16 pp	8 q
ICEIntercontinental Exchange Inc.	2.59%	1,742,318	$201M	added+18%	+0.28 pp	2 q
FICOFair Isaac Corporation	2.44%	371,116	$190M	added+3%	+0.03 pp	10 q
CHKPCheck Point Software Technologies Ltd	2.42%	1,413,618	$188M	trimmed−26%	−1.18 pp	5 q
MCOMoody's Corporation	2.20%	587,418	$170M	added+3%	−0.40 pp	10 q
AKXAnsys Inc	2.08%	444,350	$162M	trimmed−28%	−1.11 pp	10 q
UAAUnder Armour, Inc.	1.70%	7,667,536	$132M	trimmed−24%	−0.08 pp	2 q
ABEVAmbev S.a.	1.30%	32,881,216	$101M	trimmed−34%	−0.46 pp	10 q
RMDResMed Inc.	0.98%	356,305	$76M	new	+0.98 pp	new
CLBCore Laboratories Inc.	0.54%	1,566,086	$42M	added+6%	+0.19 pp	3 q

Source

Form: 13F-HR
Reading: 0 defects · 0 unresolved
Accession: 0001376879-21-000002
Options: none in this filing
Notes: none in this filing
SEC cross-check: SEC data set not published yet

Search