WhaleCreep

Egerton Capital (UK) LLP 13F holdings, Q4 2017

Hedge fundSEC filingsCompare with another fundHoldings as of 2017-12-31, filed 2018-02-08

Egerton Capital (UK) LLP disclosed 32 US equity positions worth $11.4bn in its Q4 2017 13F filing. Its largest position is AMAT at 6.9% of the reported book, followed by CHTR and ATVIEUR. Versus Q3 2017 it opened 7 new positions, added to 9, reduced 15 and exited 7.

$11.4bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
32
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
6.9%
Largest position
The largest single position as a share of the reported equity book.
52.7%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
24
Effective positions
1 / HHI of portfolio weights: the number of equal-weight positions the book behaves like.
53
Quarters on file since Q3 2013
Quarters for which this manager's 13F holdings are on record.

Holdings

Against Q3 2017: 7 new, 9 added, 15 reduced, 7 exited

32 rows
AMAT APPLIED MATLS INCTechnology6.9%$792m15.49m−8.4%reduced
CHTR CHARTER COMMUNICATIONS INCCommunication Services6.4%$733m2.18m−12%reduced
ATVIEUR ACTIVISION BLIZZARD INC–6.1%$700m11.05m+22%added
PXGBX PRAXAIR INC–5.7%$652m4.21m+24%added
STZ CONSTELLATION BRANDS INCConsumer Defensive5.2%$595m2.60m−15%reduced
SCHW SCHWAB CHARLES CORPFinancial Services4.7%$532m10.36m−2.9%reduced
BABA ALIBABA GROUP HLDG LTDConsumer Cyclical4.6%$528m3.06m+4.3%added
ADBE ADOBE INCTechnology4.5%$514m2.93m+120%added
BAC BANK OF AMER CORPFinancial Services4.3%$489m16.57m+0.4%held
MSFT MICROSOFT CORPTechnology4.3%$488m5.70m+11%added
LUV Southwest Airlines Co.Industrials4.2%$478m7.31m+9.8%added
GOOG ALPHABET INCCommunication Services4.0%$463m442,147–new
SPGI S&P GLOBAL INCFinancial Services3.8%$430m2.54m−40%reduced
META META PLATFORMS INCCommunication Services3.6%$407m2.31m−8.6%reduced
UNH UNITEDHEALTH GROUP INCHealthcare3.2%$369m1.67m–new
MA MASTERCARD INCFinancial Services2.8%$322m2.13m−41%reduced
AVGO BROADCOM LTDTechnology2.7%$305m1.19m−21%reduced
CRM SALESFORCE INCTechnology2.6%$295m2.88m–new
ALK ALASKA AIR GROUP INCIndustrials2.5%$286m3.90m−13%reduced
CANADIAN PAC RY LTD no ticker–2.5%$281m1.54m+38%added
EQIX EQUINIX INCReal Estate2.3%$261m576,694+18%added
CTAS CINTAS CORPIndustrials2.1%$239m1.54m–new
TRU TRANSUNIONFinancial Services2.0%$230m4.19m−8.4%reduced
HDB HDFC BANK LTDFinancial Services1.8%$209m2.05m−8.4%reduced
MLM MARTIN MARIETTA MATLS INCBasic Materials1.8%$202m916,019−48%reduced
EA ELECTRONIC ARTS INCCommunication Services1.6%$184m1.76m–new
MS MORGAN STANLEYFinancial Services1.5%$174m3.31m−8.4%reduced
VANTIV INC no ticker–0.8%$93.5m1.27m–new
GDDY GODADDY INCTechnology0.4%$48.0m953,728–new
BXMT BLACKSTONE MTG TR INCReal Estate0.4%$44.1m1.37m−8.4%reduced
IACIEUR IAC INTERACTIVECORP–0.4%$43.4m355,156+17%added
HONGBP HONEYWELL INTL INC–0.3%$37.3m243,279−8.1%reduced

Exited since Q3 2017

7 rows
CMCSA COMCAST CORP NEW8.1%$911m
JPM JPMORGAN CHASE & CO2.1%$232m
COOPER COS INC no ticker1.5%$168m
EW EDWARDS LIFESCIENCES CORP1.3%$146m
OPTU OPTIMUM COMMUNICATIONS INC0.6%$71.2m
ICE INTERCONTINENTAL EXCHANGE IN0.4%$47.1m
MTCH MATCH GROUP INC0.1%$11.8m

Sector mix

  • Technology21.4%
  • Financial Services20.9%
  • Unclassified15.8%
  • Communication Services15.6%
  • Industrials8.8%
  • Consumer Defensive5.2%
  • Consumer Cyclical4.6%
  • Healthcare3.2%
  • Real Estate2.7%
  • Basic Materials1.8%

Book over time

Every quarter on file (53)
QuarterPositionsEquity book
Q3 202623$9.8bn
Q2 202623$10.4bn
Q1 202624$9.0bn
Q4 202523$9.2bn
Q3 202524$9.5bn
Q2 202525$9.7bn
Q1 202527$8.7bn
Q4 202430$8.6bn
Q3 202430$9.9bn
Q2 202426$9.9bn
Q1 202422$10.3bn
Q4 202322$9.2bn
Q3 202322$8.6bn
Q2 202323$9.7bn
Q1 202325$9.3bn
Q4 202221$11.6bn
Q3 202223$12.9bn
Q2 202226$14.8bn
Q1 202229$19.0bn
Q4 202132$21.4bn
Q3 202134$21.0bn
Q2 202131$20.1bn
Q1 202135$19.0bn
Q4 202034$17.7bn
Q3 202035$16.2bn
Q2 202028$13.5bn
Q1 202026$9.7bn
Q4 201933$14.0bn
Q3 201933$14.0bn
Q2 201931$13.7bn
Q1 201926$14.2bn
Q4 201826$12.0bn
Q3 201827$13.5bn
Q2 201831$13.1bn
Q1 201832$12.3bn
Q4 201732$11.4bn
Q3 201732$11.2bn
Q2 201731$10.0bn
Q1 201725$9.2bn
Q4 201627$8.2bn
Q3 201626$8.8bn
Q2 201629$8.9bn
Q1 201632$10.5bn
Q4 201529$9.6bn
Q3 201531$8.9bn
Q2 201531$7.9bn
Q1 201534$7.3bn
Q4 201436$7.5bn
Q3 201432$7.4bn
Q2 201433$6.3bn
Q1 201429$6.6bn
Q4 201330$6.6bn
Q3 201327$5.5bn

Where Egerton Capital (UK) LLP was early

48 rows
DVA DAVITA HEALTHCARE PARTNERS IQ4 20139 of 1330.7%5.1%11Exited by Q3 2016+22%
CF CF INDS HLDGS INCQ4 201313 of 1850.7%3.5%7Exited by Q4 2015−3.7%
BAC BANK AMER CORPQ4 201321 of 2322.1%5.5%10Exited by Q4 2018+89%
NCLH NORWEGIAN CRUISE LINE HLDGSQ1 20146 of 1750.6%1.3%4Exited by Q1 2016+82%
WOO FOOT LOCKER INCQ1 20146 of 1600.6%1.3%5Exited by Q3 2015−29%
ICE INTERCONTINENTAL EXCHANGE INQ1 20149 of 2172.0%2.3%8Still holding+284%
SLB SCHLUMBERGER LTDQ2 201410 of 2111.1%6.7%12Exited by Q1 2024−56%
GILD GILEAD SCIENCES INCQ2 201415 of 1818.1%8.2%9Exited by Q3 2016+0.6%
MCK MCKESSON CORPQ2 201416 of 1701.6%2.1%3Exited by Q1 2015+11%
PKG PACKAGING CORP AMERQ3 20141 of 1080.9%1.0%2Exited by Q1 2015+22%
CNI CANADIAN NATL RY COQ3 20143 of 1154.7%11.2%15Exited by Q3 2024+66%
TS TENARIS S AQ3 20145 of 940.8%2.7%7Exited by Q4 2019−54%
HD HOME DEPOT INCQ3 201415 of 2122.7%4.9%9Exited by Q4 2016+40%
HDB HDFC BANK LTDQ4 20144 of 1280.3%2.8%18Exited by Q2 2025+162%
LUV SOUTHWEST AIRLS COQ4 20147 of 1758.4%11.8%14Exited by Q2 2018+35%
WBA WALGREENS BOOTS ALLIANCE INCQ4 201418 of 2060.7%4.2%5Exited by Q2 2016+11%
JPM JPMORGAN CHASE & COQ4 201420 of 2313.6%5.1%12Exited by Q4 2017+53%
SKAA SKECHERS U S A INCQ2 20153 of 1711.6%1.6%2Exited by Q4 2015+22%
SCHW SCHWAB CHARLES CORPQ2 201511 of 2210.9%6.8%21Exited by Q1 2023+155%
MLM MARTIN MARIETTA MATLS INCQ2 201518 of 1843.4%4.5%22Exited by Q2 2025+238%
NOC NORTHROP GRUMMAN CORPQ1 201611 of 1551.2%1.5%2Exited by Q3 2016+12%
NVDA NVIDIA CORPORATIONQ1 201611 of 3971.1%8.7%7Still holding+25539%
SYK STRYKER CORPQ1 201611 of 1500.9%1.1%2Exited by Q3 2016+12%
8L8C LIBERTY BROADBAND CORPQ1 201614 of 1800.6%1.5%4Exited by Q1 2017+28%
SPGI S&P GLOBAL INCQ2 20165 of 2476.9%7.9%18Still holding+289%
ALB ALBEMARLE CORPQ2 20167 of 1781.3%1.8%4Exited by Q2 2017+33%
CHTR CHARTER COMMUNICATIONS INC NQ2 201614 of 26910.2%14.0%23Exited by Q2 2022+139%
BPOP POPULAR INCQ3 20168 of 1040.8%1.0%2Exited by Q1 2017+15%
MS MORGAN STANLEYQ4 201615 of 1781.1%1.6%7Exited by Q3 2018+12%
AMAT APPLIED MATLS INCQ1 201730 of 2914.9%7.9%13Exited by Q3 2026+1759%
ALK ALASKA AIR GROUP INCQ2 20178 of 1402.7%3.1%4Exited by Q2 2018−31%
EW EDWARDS LIFESCIENCES CORPQ2 20179 of 1492.2%2.2%2Exited by Q4 2017−7.5%
TRU TRANSUNIONQ2 201710 of 1570.9%2.2%9Exited by Q4 2025+93%
MTCH MATCH GROUP INC NEWQ3 201718 of 2390.1%2.8%8Exited by Q3 2021+595%
CTAS CINTAS CORPQ4 201711 of 1392.1%2.1%4Exited by Q4 2018+27%
GDDY GODADDY INCQ4 201719 of 1900.4%2.2%8Exited by Q4 2019+31%
EA ELECTRONIC ARTS INCQ4 201721 of 2341.6%4.4%3Exited by Q3 2018+34%
NTR NUTRIEN LTDQ2 20181 of 1511.1%1.9%3Exited by Q1 2019−14%
KKR KKR & CO INCQ3 20189 of 2112.0%2.4%21Exited by Q4 2023+126%
SNPS SYNOPSYS INCQ3 20189 of 2150.7%1.8%5Exited by Q4 2019+39%
LIN LINDE PLCQ4 201815 of 2103.9%5.9%16Still holding+204%
FOXA FOX CORPQ1 201912 of 1723.6%3.6%2Exited by Q3 2019−0.2%
BX BLACKSTONE GROUP INCQ3 20195 of 2064.4%4.4%7Exited by Q2 2021+53%
FCNCA FIRST CTZNS BANCSHARES INC DQ2 20218 of 1440.6%6.3%18Exited by Q4 2025+115%
VSXY VICTORIAS SECRET AND COQ3 20216 of 1491.0%1.0%2Exited by Q1 2022+0.5%
BBWI BATH & BODY WORKS INCQ3 202111 of 1594.2%4.4%4Exited by Q3 2022−57%
CP CANADIAN PACIFIC KANSAS CITYQ2 20234 of 14914.3%14.3%10Exited by Q4 2025−7.8%
GEHC GE HEALTHCARE TECHNOLOGIES IQ4 202311 of 1582.9%7.6%5Exited by Q1 2025+1.1%

Concentration and tenure

10.2%
Median largest position, all quarters
The largest single position as a share of the reported equity book.
61.4%
Median top 10 weight, all quarters
The ten largest positions together, as a share of the reported equity book.
Concentrated
Style, by median largest position
3
Median completed holding, quarters