BLS CAPITAL FONDSMAEGLERSELSKAB A/S Q4 2023 Filing

Filed February 13, 2024

Portfolio Value

$4.0B

Holdings

12

Report Date

Q4 2023

Filing Type

13F-HR

All Holdings (12 positions)

#	Stock	Shares	Value	% Portfolio	Type
1	ADPAutomatic Data Processing	2,427,455	$565.0M	14.14%
2	OTISOtis Worldwide	5,519,720	$493.0M	12.33%
3	NKENike	3,508,436	$380.0M	9.51%
4	YUMCYum China	8,158,670	$346.0M	8.66%
5	MAMastercard	787,804	$336.0M	8.41%
6	ELEstee Lauder	2,097,873	$306.0M	7.66%
7	KOCoca-Cola	5,093,292	$300.0M	7.51%
8	VVisa	1,002,217	$260.0M	6.50%
9	SBUXStarbucks	2,612,823	$250.0M	6.25%
10	SPGIS&P Global	548,861	$241.0M	6.03%
11	MCOMoody's	547,339	$213.0M	5.33%
12	AZOAutozone	116,159	$300K	0.01%