Berenberg Bank Affirms Buy Rating for Trainline (TNLIF)

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Berenberg Bank has reaffirmed its Buy rating for Trainline (OTCPK:TNLIF) on November 5, 2025. Currently, 67 funds report positions in Trainline, a decrease of 1 owner (1.47%) compared to the previous quarter. The total shares held by institutions fell by 2.73% over the last three months to 73,518K shares, while the average portfolio weight dedicated to TNLIF increased by 1.94% to 0.20%.

Invesco Oppenheimer International Growth Fund Class C currently holds 15,022K shares (3.72% ownership), down 1.57% from 15,257K shares. The fund reduced its allocation in TNLIF by 2.40%. SmallCap World Fund Inc., holding 10,511K shares (2.61% ownership), saw a significant decrease of 12.06% from its previous 11,780K shares, representing a 37.21% reduction in portfolio allocation. Other notable shareholders, including Artisan International Small-Mid Fund and Vanguard Total International Stock Index Fund, also reported decreases in their holdings.

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