lindsell-67535

lindsell-67535_13g.htm

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No. 1)*

World Wrestling Entertainment, Inc.

(Name of Issuer)

Class A Common Stock, par value $0.01 per share

(Title of Class of Securities)

98156Q108

(CUSIP Number)

December 31, 2014

(Date of Event which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

[x] Rule 13d-1(b)

[ ] Rule 13d-1(c)

[ ] Rule 13d-1(d)

* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. Beneficial ownership information contained herein is given as of the date listed above.

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

1	Names of Reporting Persons. Lindsell Train Limited
2	Check the Appropriate Box if a Member of a Group (See Instructions)
	(a) [ ]
	(b) [ ]
3	SEC Use Only
4	Citizenship or Place of Organization. England and Wales
Number of Shares Beneficially Owned by Each Reporting Person With		5 Sole Voting Power 0 shares
		6 Shared Voting Power 2,985,500 shares*
		7 Sole Dispositive Power 0 shares
		8 Shared Dispositive Power 3,825,500 shares*
9	Aggregate Amount Beneficially Owned by Each Reporting Person 3,825,500 shares*
10	Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ]
11	Percent of Class Represented by Amount in Row (9) 11.5%*
12	Type of Reporting Person (See Instructions) IA

* See Attachment A

1	Names of Reporting Persons. Mr. Michael James Lindsell
2	Check the Appropriate Box if a Member of a Group (See Instructions)
	(a) [ ]
	(b) [ ]
3	SEC Use Only
4	Citizenship or Place of Organization. United Kingdom
Number of Shares Beneficially Owned by Each Reporting Person With		5 Sole Voting Power 0 shares
		6 Shared Voting Power 2,985,500 shares*
		7 Sole Dispositive Power 0 shares
		8 Shared Dispositive Power 3,825,500 shares*
9	Aggregate Amount Beneficially Owned by Each Reporting Person 3,825,500 shares*
10	Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ]
11	Percent of Class Represented by Amount in Row (9) 11.5%*
12	Type of Reporting Person (See Instructions) IN, HC

* See Attachment A

1	Names of Reporting Persons. Mr. Nicholas John Train
2	Check the Appropriate Box if a Member of a Group (See Instructions)
	(a) [ ]
	(b) [ ]
3	SEC Use Only
4	Citizenship or Place of Organization. United Kingdom
Number of Shares Beneficially Owned by Each Reporting Person With		5 Sole Voting Power 0 shares
		6 Shared Voting Power 2,985,500 shares*
		7 Sole Dispositive Power 0 shares
		8 Shared Dispositive Power 3,825,500 shares*
9	Aggregate Amount Beneficially Owned by Each Reporting Person 3,825,500 shares*
10	Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ]
11	Percent of Class Represented by Amount in Row (9) 11.5%*
12	Type of Reporting Person (See Instructions) IA

* See Attachment A

Item 1.

(a)	Name of Issuer
	World Wrestling Entertainment, Inc.
(b)	Address of Issuer’s Principal Executive Offices
	1241 East Main Street Stamford, CT 06902 USA

Item 2.

(a)	Name of Person Filing
	This Schedule 13G is being jointly filed by Lindsell Train Limited (the “Manager”), a corporation organized under the laws of England and Wales, United Kingdom, Mr. Michael James Lindsell and Mr. Nicholas John Train with respect to the ownership of shares of Class A Common Stock, par value $0.01 per share of the Issuer (“Class A Common Stock”) by several separately managed accounts over which the Manager has investment discretion and/or voting power (the “Managed Accounts”). The Manager and Mssrs. Lindsell and Train are collectively referred to in this Schedule 13G as the “Reporting Persons.”
(b)	Address of Principal Business Office or, if none, Residence
	The address of the principal business office of the Manager and Mssrs. Lindsell and Train is Cayzer House, 30 Buckingham Gate, London SW1E 6NN, United Kingdom.
(c)	Citizenship
	The Manager is a corporation organized under the laws of England and Wales, the United Kingdom. Mssrs. Lindsell and Train are citizens of the United Kingdom.
(d)	Title of Class of Securities
	Class A Common Stock
(e)	CUSIP Number
	98156Q108

Item 3.

If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:

(a)	[ ]	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).
(b)	[ ]	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).
(c)	[ ]	Insurance Company as defined in Section 3(a)(19) of the Act
(d)	[ ]	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C 80a-8).
(e)	[X]	An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);
(f)	[ ]	An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);
(g)	[ ]	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	[ ]	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	[ ]	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	[ ]	A non-U.S. institution in accordance with §240.13d–1(b)(1)(ii)(J);
(k)	[ ]	Group, in accordance with §240.13d-1(b)(1)(ii)(K).

If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:

Item 4.

Ownership *

A. Lindsell Train Limited

(a) Amount Beneficially Owned: 3,825,500

(b) Percent of class: 11.5%

(i) sole power to vote or to direct the vote: 0

(ii) shared power to vote or direct the vote: 2,985,500

(iii) sole power to dispose or to direct the disposition of: 0

(iv) shared power to dispose or to direct the disposition of: 3,825,500

B. Michael James Lindsell

(a) Amount Beneficially Owned: 3,825,500

(b) Percent of class: 11.5%

(i) sole power to vote or to direct the vote: 0

(ii) shared power to vote or direct the vote: 2,985,500

(iii) sole power to dispose or to direct the disposition of: 0

(iv) shared power to dispose or to direct the disposition of: 3,825,500

C. Nicholas John Train

(a) Amount Beneficially Owned: 3,825,500

(b) Percent of class: 11.5%

(i) sole power to vote or to direct the vote: 0

(ii) shared power to vote or direct the vote: 2,985,500

(iii) sole power to dispose or to direct the disposition of: 0

(iv) shared power to dispose or to direct the disposition of: 3,825,500

* See Attachment A

Item 5.	Ownership of Five Percent or Less of a Class
	Not applicable.

Item 6.	Ownership of More than Five Percent on Behalf of Another Person
	Not applicable.

Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company
	Not applicable.

Item 8.	Identification and Classification of Members of the Group
	Not applicable.

Item 9.	Notice of Dissolution of Group
	Not applicable.

Item 10.

Certifications

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under §240.14a-11.

In accordance with Rule 13d-4 of the Securities Exchange Act of 1934, each of the persons filing this statement expressly disclaim the beneficial ownership of the securities covered by this statement and the filing of this report shall not be construed as an admission by such persons that they are the beneficial owners of such securities.

Exhibits	Exhibit
99.1	The Joint Filing Agreement, executed by and among the Reporting Persons, filed as an exhibit to the Schedule 13G filed with the Securities and Exchange Commission on February 13, 2014 by the Reporting Persons with respect to the Issuer, is hereby incorporated by reference.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Date: February 11, 2015

	LINDSELL TRAIN LIMITED

	By: /s/ Michael C.Y. Lim
	Michael C.Y. Lim Director


	/s/ Michael James Lindsell
	Michael James Lindsell


	/s/ Nicholas John Train
	Nicholas John Train

ATTACHMENT A

1. Items 4(a) and (b) of Schedule 13G

As of December 31, 2014, the Managed Accounts were the legal owners of 3,825,500 shares of Class A Common Stock. Based on there being 33,179,500 shares of Class A Common Stock, as reported in the Quarterly Report on Form 10-Q of World Wrestling Entertainment, Inc. filed with the Securities and Exchange Commission on October 31, 2014 (the “Form 10-Q”), the Managed Accounts’ holding represents approximately 11.5% of the outstanding Class A Common Stock. No individual account holds more than 5% of the outstanding Class A Common Stock.

The Manager serves as investment manager to the Managed Accounts and has voting power over 2,985,500 shares of Class A Common Stock representing 9.0% of outstanding shares of Class A Common Stock but holds investment discretion over 3,825,500 shares of Class A Common Stock representing 11.5% of the outstanding shares of Class A Common Stock. Accordingly, the Manager may be deemed to be the beneficial owner of 11.5% of outstanding shares of the Class A Common Stock.

Michael Lindsell owns a significant membership interest in the Manager and as such may be deemed to control shares held by the Manager by virtue of his interest in the Manager.

Nicholas Train owns a significant membership interest in the Manager and as such may be deemed to control shares held by the Manager by virtue of his interest in the Manager.

Each of the Reporting Persons disclaims beneficial ownership of the shares of Class A Common Stock of the Issuer held by the Managed Accounts, except to the extent of any pecuniary interest therefrom, and this report shall not be deemed to be an admission that they are the beneficial owners of such securities.

2. Item 4(c) of Schedule 13G

As of December 31, 2014, each of the Reporting Persons may be deemed to have the power to vote or to direct the voting of and/or to dispose or to direct the disposition of the 3,825,500 shares of Class A Common Stock held by the Managed Accounts.

Each of the Reporting Persons disclaims beneficial ownership of the shares of Class A Common Stock held by the Managed Accounts, except to the extent of any pecuniary interest therefrom, and this report shall not be deemed to be an admission that they are the beneficial owners of such securities.