Funds › Lansdowne Partners (UK) LLP › Q3 2014Lansdowne Partners (UK) LLP 13F holdings, Q3 2014 Lansdowne Partners (UK) LLP disclosed 43 US equity positions worth $11.1bn in its Q3 2014 13F filing. Its largest position is CMCSA at 13.1% of the reported book, followed by JPM and DAL. Versus Q2 2014 it opened 9 new positions, added to 13, reduced 15 and exited 8.
$11.1bn Reported equity book Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
43 Positions Distinct securities in the equity book with a reported value above zero. Options are excluded.
13.1% Largest position The largest single position as a share of the reported equity book.
78.7% Top 10 weight The ten largest positions together, as a share of the reported equity book.
13 Effective positions 1 / HHI of portfolio weights: the number of equal-weight positions the book behaves like.
49 Quarters on file since Q2 2014 Quarters for which this manager's 13F holdings are on record. Holdings Against Q2 2014: 9 new , 13 added , 15 reduced , 8 exited
43 rows
Stock Sector Weight Value Shares Δ shares Action CMCSA COMCAST CORP NEW Communication Services 13.1% $1.5bn 26.96m −0.6% reduced JPM JPMORGAN CHASE & CO Financial Services 12.3% $1.4bn 22.65m +10% added DAL DELTA AIR LINES INC Industrials 8.6% $953m 26.36m −0.9% reduced GS GOLDMAN SACHS GROUP INC Financial Services 7.5% $834m 4.54m +238% added AMZN AMAZON COM INC Consumer Cyclical 7.2% $799m 2.48m +8.5% added NKE NIKE INC Consumer Cyclical 7.1% $788m 8.83m −34% reduced WFC WELLS FARGO & CO Financial Services 6.8% $747m 14.40m +8.1% added DIS DISNEY WALT CO Communication Services 6.5% $714m 8.02m −3.0% reduced GOOGLE INC no ticker – 5.0% $554m 959,670 +31% added GOOGLE INC no ticker – 4.5% $498m 847,085 −1.2% reduced VZ VERIZON COMMUNICATIONS INC Communication Services 4.1% $449m 8.98m −35% reduced LINKEDIN CORP no ticker – 3.9% $428m 2.06m +0.8% added LBEUR L BRANDS INC – 3.0% $336m 5.02m +1.3% added NFLX NETFLIX INC. Communication Services 2.6% $290m 642,732 −33% reduced AXP AMERICAN EXPRESS CO Financial Services 1.5% $168m 1.92m +98% added BABA ALIBABA GROUP HLDG LTD Consumer Cyclical 1.4% $153m 1.72m – new LEUCADIA NATL CORP no ticker – 0.8% $89.1m 3.74m +66% added MANCHESTER UTD PLC NEW no ticker – 0.6% $61.5m 3.73m +37% added WHOLE FOODS MKT INC no ticker – 0.5% $50.5m 1.33m −55% reduced TWTRUSD TWITTER INC – 0.4% $47.5m 921,300 −48% reduced C CITIGROUP INC Financial Services 0.3% $38.5m 743,080 – new LAZ LAZARD LTD Financial Services 0.3% $38.4m 757,417 −13% reduced V VISA INC Financial Services 0.3% $35.2m 164,791 −22% reduced ETRA E TRADE FINANCIAL CORP Healthcare 0.3% $30.6m 1.36m −32% reduced OSG OCTAVE SPECIALTY GROUP INC Financial Services 0.2% $20.6m 930,115 −3.0% reduced ESNT ESSENT GROUP LTD Financial Services 0.2% $19.3m 901,736 0.0% held CFG CITIZENS FINL GROUP INC Financial Services 0.2% $18.8m 801,007 – new MTG MGIC INVT CORP WIS Financial Services 0.1% $16.4m 2.11m +33% added KWEUR KENNEDY-WILSON HOLDINGS INC – 0.1% $15.3m 638,967 0.0% held SPRINGLEAF HLDGS INC no ticker – 0.09% $9.5m 297,751 −68% reduced CYTK CYTOKINETICS INC Healthcare 0.07% $8.2m 2.32m 0.0% held OXFORD IMMUNOTEC GLOBAL PLC no ticker – 0.07% $8.0m 522,354 0.0% held MADISON SQUARE GARDEN CO no ticker – 0.05% $6.1m 91,612 0.0% held TRMB TRIMBLE INC Technology 0.04% $4.8m 158,109 +201% added UPS UNITED PARCEL SERVICE INC Industrials 0.03% $2.9m 29,363 +21% added RESPONSE GENETICS INC no ticker – 0.02% $2.6m 3.81m 0.0% held HAL HALLIBURTON CO Energy 0.02% $2.0m 30,656 −96% reduced INTC INTEL CORP Technology 0.01% $1.0m 29,603 – new REGIEUR RENEWABLE ENERGY GROUP INC – 0.01% $1.0m 100,000 – new CRM SALESFORCE INC Technology 0.0% $487k 8,462 – new EBAY EBAY INC. Consumer Cyclical 0.0% $484k 8,547 – new DATA TABLEAU SOFTWARE INC – 0.0% $477k 6,561 – new KING DIGITAL ENTMT PLC no ticker – 0.0% $311k 24,500 – new
Exited since Q2 2014 Sector mix Financial Services 29.9% Communication Services 26.3% Unclassified 19.1% Consumer Cyclical 15.7% Industrials 8.6% Healthcare 0.4% Technology 0.06% Energy 0.02% Book over time Every quarter on file (49) Where Lansdowne Partners (UK) LLP was early Concentration and tenure
18.1% Median largest position, all quarters The largest single position as a share of the reported equity book.
90.3% 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
2 Median completed holding, quarters