BLS CAPITAL FONDSMAEGLERSELSKAB A/S Q3 2016 Filing

Filed October 13, 2016

Portfolio Value

$263.2M

Holdings

11

Report Date

Q3 2016

Filing Type

13F-HR

All Holdings (11 positions)

#	Stock	Shares	Value	% Portfolio	Type
1	—MASTERCARD INC	564,190	$57.4M	21.81%
2	EXPDEXPEDITORS INTL WASH INC	602,810	$31.1M	11.80%
3	DISDISNEY WALT CO	333,995	$31.0M	11.78%
4	VVISA INC	318,960	$26.4M	10.02%
5	VNIKE INC	399,300	$21.0M	7.99%
6	SBUXSTARBUCKS CORP	343,052	$18.6M	7.06%
7	MCOMOODYS CORP	160,823	$17.4M	6.62%
8	—AUTOZONE INC	19,365	$14.9M	5.65%
9	—AMERICAN EXPRESS CO	209,896	$13.4M	5.11%
10	SPGISP GLOBAL INC	93,827	$11.9M	4.51%
11	—BERKSHIRE HATHAWAY INC DEL	78,728	$11.4M	4.32%
12	—MEAD JOHNSON NUTRITION CO	111,390	$8.8M	3.34%