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Michael Lindsell, Nick Train

Lindsell Train

Lindsell Train Thermo Fisher Scientific Inc stake

total: 40

Lindsell Train TMO trades

Total transactions:
7
New positions:
1
Added:
2
Reduced:
4
Held since:
2024 Q4
Held for:
7 quarters
Latest activity:
2026 Q2
According to 2026 Q2 report, Lindsell Train holds 514,512 Thermo Fisher Scientific Inc (TMO) shares with a market value of roughly $257.96M accounting for 9.81% of the overall portfolio. To date, the estimated cost basis is nearly $471.1 for "buy" trades and estimated average "sell" price is $526.89. Lindsell Train first purchased TMO in 2024 Q4, initially acquiring 407,240 shares. Since the initial investment in Thermo Fisher Scientific Inc (TMO), Lindsell Train has made 6 more transactions.

How many TMO shares does Lindsell Train currently hold?

According to 2026 Q2 report, Lindsell Train holds 514,512 shares of Thermo Fisher Scientific Inc (TMO), valued at around $257.96M.

When did Lindsell Train buy Thermo Fisher Scientific Inc (TMO)?

Lindsell Train first invested in Thermo Fisher Scientific Inc (TMO) in 2024 Q4 at the reported quarter-end price of $520.23 per share.

What's the cost basis of Lindsell Train's TMO stake?

The estimated cost basis for Thermo Fisher Scientific Inc (TMO) stake is around $471.10 per share. This represents their average reported price* across all buy transactions

Estimated cost basis*

Weighted AVG buy price:
$471.10
Weighted AVG sell price:
$526.88

Lindsell Train's historical trades in Thermo Fisher Scientific Inc

7 results
Period % of
portfolio
Shares
held after*
Reported
price*
Value* % (shares)
of activity
% change
to portfolio
2026 Q2
9.81%
514,512
$501.36
$257,955,736
-16.64% (-102,699)
-1.64%
2026 Q1
9.67%
617,211
$491.53
$303,377,723
-10.48% (-72,292)
-0.9%
2025 Q4
10.13%
689,503
$579.45
$399,532,513
-15.66% (-128,026)
-1.82%
2025 Q3
9.73%
817,529
$485.02
$396,517,916
-4.34% (-37,083)
-0.42%
2025 Q2
8.17%
854,612
$405.46
$346,510,982
+67.97% (+345,822)
+3.3%
2025 Q1
7.01%
508,790
$497.60
$253,173,904
+24.94% (+101,550)
+1.4%
2024 Q4
5.30%
407,240
$520.23
$211,858,465
new
+5.3%
* Shares, change to shares, sold shares, shares held after: split-adjusted.
* Reported price: this doesn't represent the actual buy or sell price. It is the split-adjusted price of the security as of the last day of the reported period.
If the security is completely sold out, we show the reported split-adjusted price prior to the actual period.
* Estimated cost basis: based on "Reported price*" (not earlier than 2013 Q2). Calculation starts from the latest "new buy" activity to the latest "close out" activity (if any).
* Value or Price: If the security is completely sold out, we show the reported value (or price) prior to the actual period.
* New buy or own: this means there is no earlier reporting (for us or in general). So we can't know if the actual purchase of the security happened at the reported period or earlier.