BLS CAPITAL FONDSMAEGLERSELSKAB A/S Q1 2023 Filing

Filed May 12, 2023

Portfolio Value

$3.9B

Holdings

14

Report Date

Q1 2023

Filing Type

13F-HR

All Holdings (14 positions)

#	Stock	Shares	Value	% Portfolio	Type
1	OTISOtis Worldwide	5,728,752	$483.0M	12.39%
2	MSFTMicrosoft	1,368,352	$394.0M	10.11%
3	ADPAutomatic Data Processing	1,757,225	$391.0M	10.03%
4	MCOMoody's	1,098,790	$336.0M	8.62%
5	YUMCYum China	4,965,545	$314.0M	8.05%
6	NKENike	2,545,275	$312.0M	8.00%
7	MAMastercard	725,318	$263.0M	6.75%
8	ELEstee Lauder	1,054,298	$259.0M	6.64%
9	EXPDExpeditors	2,233,536	$245.0M	6.28%
10	SPGIS&P Global	613,531	$211.0M	5.41%
11	VVisa	848,962	$191.0M	4.90%
12	KOCoca-Cola	3,001,828	$186.0M	4.77%
13	SBUXStarbucks	1,468,458	$152.0M	3.90%
14	AZOAutozone	62,808	$154K	0.00%