AKO Capital acquired 1.29 Million Estee Lauder Cos. shares worth $307 Million. That's 3.8% of their equity portfolio (9th largest holding). The first Estee Lauder Cos. trade was made in Q4 2016. Since then AKO Capital bought shares twelve more times and sold shares on nine occasions. The stake costed the investor $187 Million, netting the investor a gain of 64% so far.