Search for Investment trust by invested company

RD69

I know that https://www.theaic.co.uk/aic/find-compare-investment-companies is a good place to go to find investment trusts (ITs).

But does anyone know how to search for their invested companies. i.e. if I wanted to find an IT that had invested in Coca Cola, how could I do this.

Thanks/Stay safe

bowlhead99

One way to do it would be to get all the ITs' annual reports and check them manually and look out for any more recent factsheets or monthly management commentary or press articles that mentioned opening a position in Coca Cola since the last annual reports were published.

You are not going to get it another way (at least not for free). Coca Cola is a $180bn company and doesn't give two hoots which UK investment trusts might have a few million pounds exposure to its share capital. Unless the UK investments trust had a few percent ownership of Coke forcing Coke to issue a disclosure to the market. But there are no UK investment trusts holding even $1.8bn of Coke stock.

RD69

Thanks.

Any paid options that you know of?

(Disclosure: I am nobody, no connections etc. just, er, looking.)

Alexland

I really don't understand why you would want to do this. When selecting an IT there are far more important considerations such as the overall portfolio, management strategy, gearing, etc.

bowlhead99

This comes up from time to time, people saying things like, I can see the top 10 of any funds I look at, but how can I see a list of funds that own (trending company, e.g.) Tesla etc?  But nobody ever says they use such a product.

Portfolio data does get provided electronically to the funds platforms and data tools used by IFAs or other fund managers, e.g. FE (powering Trustnet and some platforms DIY search tools) and Morningstar (similar). Presumably if there is a data feed which can show the top 10 holdings (because these are in all the funds' monthly or quarterly factsheets and get displayed on the FE and Morningstar powered sites' own factsheet pages), someone has a way of interrogating the database or even just writing a script to pull the data off the site from a lot of similarly-formatted factsheet pages related to a sector of funds in which they are interested.  You could always contact Financial Express and ask what sort of data they make available in their subscription options.

Still, while data on the top 10 holdings is pretty standard because funds show it in the frequent factsheets and investment trusts publish via RNS from time to time, in some funds 80-90%+ of the holdings by number are not in their top 10 by size at a point in time so a holding of Coke in 15th place within a fund's portfolio interests would not be known about.

RD69

Because if someone else, say an investment trust, has chosen to invest in Coke(ain). [would making that legal now be a thing?]

Then I would like to know.

bowlhead99

RD69 said:

Because if someone else, say an investment trust, has chosen to invest in Coke(ain). [would making that legal now be a thing?]

Then I would like to know.

If you are an investor and want to know whether an investment trust in which you invest has invested in Coke, you can peruse its accounts and reports.

If you are an investment manager and want to know whether a particular rival investment trust has invested in Coke, you can do likewise, though the information is of limited use because it is only published with several months lag.

If you are just curious about "whether someone else has invested in Coke, I would like to know", that is not a particularly compelling reason for anyone here to try to source you a solution. Literally hundreds of thousands of investors have taken a position in Coke. Berkshire Hathaway owns quite a bit, having put a billion in after the stock market crash in the late 80s. So some high profile investors have some, and lots of low profile investors have some. Some of them will be investment funds and investment trusts. An S&P500 tracker will have a bit less than a percent of its money in Coke. If you really want substantial exposure to Coke for yourself, it would not necessarily make a lot of sense to buy an investment trust that has 2-3% invested into Coke and almost 30-50x that amount invested into things other than Coke.  

Thrugelmir

Why not buy some shares in Coca Cola yourself? Easy enough to do. 

badger09

Perhaps OP is trying to avoid buying shares in Coca Cola

Alexland

It's refreshing to see that people still value liquid assets.

Thrugelmir

badger09 said:

Perhaps OP is trying to avoid buying shares in Coca Cola

If there was ever a company that churns out cash. Selling flavoured water is a profitable business. Warren Buffet built his reputation on buying 6% of the company, a holding that has never been sold.