BLS CAPITAL FONDSMAEGLERSELSKAB A/S Q2 2023 Filing

Filed August 11, 2023

Portfolio Value

$4.3B

Holdings

13

Report Date

Q2 2023

Filing Type

13F-HR

All Holdings (13 positions)

#	Stock	Shares	Value	% Portfolio	Type
1	ADPAutomatic Data Processing	2,417,264	$531.0M	12.28%
2	OTISOtis Worldwide	5,771,860	$513.0M	11.86%
3	ELEstee Lauder	2,111,219	$414.0M	9.57%
4	MCOMoody's	1,152,672	$400.0M	9.25%
5	NKENike	2,908,721	$321.0M	7.42%
6	MAMastercard	794,694	$312.0M	7.21%
7	YUMCYum China	5,509,345	$311.0M	7.19%
8	SPGIS&P Global	746,894	$299.0M	6.91%
9	EXPDExpeditors	2,211,744	$267.0M	6.17%
10	KOCoca-Cola	4,381,300	$263.0M	6.08%
11	VVisa	1,002,314	$238.0M	5.50%
12	SBUXStarbucks	1,821,168	$180.0M	4.16%
13	AZOAutozone	108,258	$269K	0.01%