BLS CAPITAL FONDSMAEGLERSELSKAB A/S Q4 2025 Filing

Filed February 17, 2026

Portfolio Value

$3.0T

Holdings

12

Report Date

Q4 2025

Filing Type

13F-HR

All Holdings (12 positions)

#	Stock	Shares	Value	% Portfolio	Type
1	YUMCYUM CHINA HLDGS INC	12,366,491	$590.4M	0.02%
2	OTISOTIS WORLDWIDE CORP	4,678,538	$408.7M	0.01%
3	HLTHILTON WORLDWIDE HLDGS INC	1,021,203	$293.3M	0.01%
4	ADPAUTOMATIC DATA PROCESSING IN	1,109,907	$285.5M	0.01%
5	AZOAUTOZONE INC	73,379	$248.9M	0.01%
6	ZTSZOETIS INC	1,976,616	$248.7M	0.01%
7	MAMASTERCARD INCORPORATED	417,294	$238.2M	0.01%
8	SPGIS&P GLOBAL INC	334,175	$174.6M	0.01%
9	VVISA INC	458,789	$160.9M	0.01%
10	CRMSALESFORCE INC	538,310	$142.6M	0.00%
11	MCOMOODYS CORP	270,049	$138.0M	0.00%
12	EXPDEXPEDITORS INTL WASH INC	139,103	$20.7M	0.00%