BLS CAPITAL FONDSMAEGLERSELSKAB A/S Q2 2017 Filing

Filed August 11, 2017

Portfolio Value

$682.2M

Holdings

12

Report Date

Q2 2017

Filing Type

13F-HR

All Holdings (12 positions)

#	Stock	Shares	Value	% Portfolio	Type
1	EXPDEXPEDITORS INTL WASH INC	2,249,763	$126.9M	18.61%
2	MAMASTERCARD INC - A	925,080	$112.4M	16.47%
3	AZOAUTOZONE INC	125,305	$71.9M	10.54%
4	DISWALT DISNEY CO/THE	915,670	$53.9M	7.89%
5	VVISA INC	504,495	$53.6M	7.86%
6	GOOGALPHABET C	50,980	$46.3M	6.79%
7	SPGISP GLOBAL INC	757,652	$44.9M	6.58%
8	NKENIKE INC	348,873	$42.5M	6.22%
9	AXPAMERICAN EXPRESS CO	451,196	$38.0M	5.57%
10	SBUXSTARBUCKS CORP	405,160	$38.0M	5.57%
11	MCOMOODYS CORP	190,677	$27.9M	4.10%
12	ELESTEE LAUDER COMPANIES-CL A	270,050	$25.9M	3.80%