Lindsell Train Limited
- Regulatory AUM
- $9.3B
- Discretionary
- $9.3B
- Clients
- 16
- Avg AUM / client
- $578M
- Accounts
- 18
- Employees
- 30
AUM over time
Annual snapshots from Form ADV filings · as of Apr 27, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Pooled investment vehicles (non-investment companies) | 16 | $8.7B | 93.7% |
| Pension and profit sharing plans | Fewer than 5 clients | $581M | 6.28% |
Private funds (1)
Reported in Form ADV Section 7.B.(1), filing of Oct 2024 · $922M combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Lindsell Train Global Equity Llc | Other Private Fund | Delaware | $922M | 68 |
Retirement plan clients
Plans that reported this firm as an investment service provider on Form 5500 Schedule C.
| Plan | Location | Plan year |
|---|---|---|
| Pension Plan Of The Pacific Northwest Laboratories Battelle Memorial Institute Battelle Memorial Institute | Columbus, OH | 2024 |
| Operating Engineers' Local 324, Defined Contribution Pension Plan Joint Board Of Trustees, Operating Engineers Local 324, Dc | 2024 | |
| The Estee Lauder Companies Retirement Growth Account Plan Estee Lauder, Inc. | 2024 |
People (10)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Lindsell, Michael, James | Director & Shareholder | Mar 2000 (26y) | 25% – 50% | |
| Train, Nicholas, John | Director & Shareholder | Mar 2000 (26y) | 25% – 50% | |
| Lim, Michael, Cheong Young | Director & Shareholder | Mar 2010 (16y) | Less than 5% | |
| Bartlett, Julian, Antony | Non Executive Director | Jul 2020 (6y) | Less than 5% | |
| Mcneill, Mathew | Chief Compliance Officer | Jun 2021 (5y) | Less than 5% | |
| Saunders, Jocelyn, Arthur | Chief Operating Officer | Feb 2022 (5y) | Less than 5% | |
| Landman, Rory, Buchanan | Non Executive Director | Apr 2023 (3y) | Less than 5% | |
| Orr, Jane, Silvia | Non Executive Director | Apr 2023 (3y) | Less than 5% | |
| Bullock, James, Michael Rex | Director & Shareholder | May 2024 (2y) | Less than 5% | |
| Cameron, Jessica, Hermione | Director & Shareholder | May 2024 (2y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Lindsell Train Investment Trust Plc | Corporate Shareholder | Jan 2001 | A | 10% – 25% |
Undisclosed: 0% – 40% of the firm is not attributable from the filed Schedule A bands.
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Private funds (1, $922M gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Lindsell Train Global Equity Llc | Other Private Fund | $922M | $1.0M | 68 |
From Form ADV Section 7.B private fund reporting.
Retirement plans served (3)
| Plan | Sponsor | Participants | Plan assets | As of |
|---|---|---|---|---|
| Pension Plan Of The Pacific Northwest Laboratories Battelle Memorial Institute | Battelle Memorial Institute | 5,379 | $1.9B | 07/01/2024 |
| Operating Engineers' Local 324, Defined Contribution Pension Plan | Joint Board Of Trustees, Operating Engineers Local 324, Dc | 8,349 | $248M | 05/01/2024 |
| The Estee Lauder Companies Retirement Growth Account Plan | Estee Lauder, Inc. | 8,377 | $949M | 01/01/2024 |
From Form 5500 service-provider disclosures.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 04/27/2026 | 1.32 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Performance-based fees
Services
- • Portfolio management for pooled investment vehicles
- • Portfolio management for businesses/institutional clients
Custody
Reported custodians
- State Street $581M (6% of AUM) Apr 2026
- J.P. Morgan $532M (3% of AUM) Apr 2018
- Merrill Lynch $283M (1% of AUM) Aug 2021
- Canadian Imperial Bank Of Commerce $175M (1% of AUM) Oct 2020
- BNY Mellon $170M (1% of AUM) Oct 2024
- Northern Trust $79.0M (1% of AUM) Apr 2025
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Apr 27, 2026.
View current Form ADV (SEC/IAPD) ↗