13F Portfolios

Lindsell Train Ltd — THERMO FISHER SCIENTIFIC INC TMO: Quarterly 13F Position History

Lindsell Train Ltd has reported THERMO FISHER SCIENTIFIC INC (TMO) on 6 13F-HR filings in Pactolio's tracked window, first appearing in Q4 2024. As of Q1 2026, the position is sized at 617,211 shares ($303.4M market value, 9.67% of the equity book). Quarter-over-quarter share count change: 72,292 (-10.5%) .

Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 6 quarter s

Quarter Shares QoQ Share Change Share Change (%) Market Value Weight Implied Price
Q1 2026 617,211 72,292 -10.5% $303.4M 9.67% $491.53
Q4 2025 689,503 128,026 -15.7% $399.5M 10.13% $579.45
Q3 2025 817,529 37,083 -4.3% $396.5M 9.73% $485.02
Q2 2025 854,612 +345,822 +68.0% $346.5M 8.17% $405.46
Q1 2025 508,790 +101,550 +24.9% $253.2M 7.01% $497.60
Q4 2024 407,240 $211.9M 5.30% $520.23

Methodology & FAQ

How This Position History Is Sourced

Each row is one SEC Form 13F-HR filing disclosing this position. Share count, market value, and reported quarter are taken verbatim from the filing; portfolio weight is recomputed against the same filing's total reported equity book. Implied price-per-share is market value divided by shares — a quarter-end mark, not the manager's cost basis. See the full methodology document for the normalization rules.

When did Lindsell Train Ltd first disclose a TMO position in 13F-HR filings?

Lindsell Train Ltd first reported THERMO FISHER SCIENTIFIC INC (TMO) on its 13F-HR filing for the period ending 2024-12-31 (Q4 2024). The position has appeared on 6 reported quarters within Pactolio's tracked window.

What was Lindsell Train Ltd's most recent quarter-over-quarter share-count change in TMO?

Between Q4 2025 and Q1 2026, Lindsell Train Ltd reduced its TMO position by 72,292 shares (-10.5%), leaving 617,211 shares at a market value of $303.4M.

Does the implied price-per-share represent Lindsell Train Ltd's cost basis in TMO?

No. The implied price-per-share column is the 13F-HR reported market value divided by reported share count on the filing date (end of quarter). It is a quarter-end mark, not a cost basis or transaction price. Use it as a sanity check on the value column, not as an indicator of the manager's entry or exit price.