BLS CAPITAL FONDSMAEGLERSELSKAB A/S Q4 2020 Filing

Filed February 11, 2021

Portfolio Value

$2.0B

Holdings

11

Report Date

Q4 2020

Filing Type

13F-HR

All Holdings (11 positions)

#	Stock	Shares	Value	% Portfolio	Type
1	BUDANHEUSER-BUSCH INBEV-SPN ADR	5,777,945	$403.9M	20.17%
2	ADPAUTOMATIC DATA PROCESSING	1,990,358	$350.7M	17.51%
3	OTISOTIS WORLDWIDE CORP	3,972,059	$268.3M	13.40%
4	KOCOCA-COLA CO/THE	3,818,346	$209.4M	10.46%
5	AXPAMERICAN EXPRESS CO	1,495,756	$180.9M	9.03%
6	MAMASTERCARD INC - A	469,661	$167.6M	8.37%
7	VVISA INC-CLASS A SHARES	531,868	$116.3M	5.81%
8	MCOMOODY'S CORP	343,934	$99.8M	4.98%
9	SPGIS&P GLOBAL INC	302,235	$99.4M	4.96%
10	EXPDEXPEDITORS INTL WASH INC	1,023,956	$97.4M	4.86%
11	AZOAUTOZONE INC	7,532	$8.9M	0.45%