BLS CAPITAL FONDSMAEGLERSELSKAB A/S Q4 2016 Filing

Filed February 15, 2017

Portfolio Value

$297.2M

Holdings

13

Report Date

Q4 2016

Filing Type

13F-HR

All Holdings (13 positions)

#	Stock	Shares	Value	% Portfolio	Type
1	MAMASTERCARD INC - A	566,180	$58.5M	19.67%
2	EXPDEXPEDITORS INTL WASH INC	612,710	$32.4M	10.92%
3	DISWALT DISNEY CO/THE	309,695	$32.3M	10.86%
4	VVISA INC	368,910	$28.8M	9.68%
5	NKENIKE INC	495,370	$25.2M	8.47%
6	MCOMOODYS CORP	254,023	$23.9M	8.06%
7	SBUXSTARBUCKS CORP	400,552	$22.2M	7.48%
8	BRK/BBERKSHIRE HATHAWAY INC DEL	79,828	$13.0M	4.38%
9	ELESTEE LAUDER COMPANIES	168,600	$12.9M	4.34%
10	AZOAUTOZONE INC	16,165	$12.8M	4.30%
11	AXPAMERICAN EXPRESS CO	168,096	$12.5M	4.19%
12	MJNMEAD JOHNSON NUTRITION CO	165,690	$11.7M	3.94%
13	SPGISP GLOBAL INC	102,627	$11.0M	3.71%