BLS CAPITAL FONDSMAEGLERSELSKAB A/S Q4 2022 Filing

Filed February 13, 2023

Portfolio Value

$3.5B

Holdings

13

Report Date

Q4 2022

Filing Type

13F-HR

All Holdings (13 positions)

#	Stock	Shares	Value	% Portfolio	Type
1	OTISOtis Worldwide	5,979,194	$468.0M	13.41%
2	SBUXStarbucks	3,536,116	$350.0M	10.03%
3	MCOMoody's	1,103,995	$307.0M	8.80%
4	YUMCYum China	5,550,712	$303.0M	8.68%
5	NKENike	2,564,253	$300.0M	8.60%
6	MSFTMicrosoft	1,148,937	$275.0M	7.88%
7	ADPAutomatic Data Processing	1,143,413	$273.0M	7.82%
8	MAMastercard	728,845	$253.0M	7.25%
9	EXPDExpeditors International	2,207,666	$229.0M	6.56%
10	SPGIS&P Global	617,473	$206.0M	5.90%
11	ELEstee Lauder	782,372	$194.0M	5.56%
12	VVisa	856,133	$177.0M	5.07%
13	AZOAutozone	60,276	$148K	0.00%