Funds › Lansdowne Partners (UK) LLP › Q4 2016Lansdowne Partners (UK) LLP 13F holdings, Q4 2016 Lansdowne Partners (UK) LLP disclosed 45 US equity positions worth $11.2bn in its Q4 2016 13F filing. Its largest position is JPM at 16.3% of the reported book, followed by CMCSA and DAL. Versus Q3 2016 it opened 10 new positions, added to 5, reduced 17 and exited 4.
$11.2bn Reported equity book Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
45 Positions Distinct securities in the equity book with a reported value above zero. Options are excluded.
16.3% Largest position The largest single position as a share of the reported equity book.
92.7% Top 10 weight The ten largest positions together, as a share of the reported equity book.
10 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 Q3 2016: 10 new , 5 added , 17 reduced , 4 exited
45 rows
Stock Sector Weight Value Shares Δ shares Action JPM JPMORGAN CHASE & CO Financial Services 16.3% $1.8bn 21.21m −11% reduced CMCSA COMCAST CORP NEW Communication Services 13.1% $1.5bn 21.37m −11% reduced DAL DELTA AIR LINES INC Industrials 11.5% $1.3bn 26.19m −2.1% reduced AMZN AMAZON COM INC Consumer Cyclical 9.8% $1.1bn 1.47m −18% reduced GOOGL ALPHABET INC Communication Services 9.1% $1.0bn 1.28m −3.6% reduced NKE NIKE INC Consumer Cyclical 7.7% $867m 17.05m −18% reduced DIS DISNEY WALT CO Communication Services 7.5% $845m 8.11m −15% reduced LBEUR L BRANDS INC – 6.1% $686m 10.42m −6.9% reduced BAC BANK OF AMER CORP Financial Services 6.0% $674m 30.50m +38029% added META META PLATFORMS INC Communication Services 5.5% $623m 5.41m +0.3% held C CITIGROUP INC Financial Services 3.2% $359m 6.05m −23% reduced V VISA INC Financial Services 1.0% $111m 1.42m −81% reduced HAS HASBRO INC Consumer Cyclical 1.0% $109m 1.40m – new MANCHESTER UTD PLC NEW no ticker – 0.6% $70.4m 4.94m 0.0% held CYTK CYTOKINETICS INC Healthcare 0.3% $28.2m 2.32m 0.0% held JCI JOHNSON CONTROLS INTERNATION Industrials 0.2% $17.1m 415,494 +36% added UTXZ UNITED TECHNOLOGIES CORP – 0.1% $15.5m 140,985 −4.5% reduced ADNT ADIENT PLC Consumer Cyclical 0.1% $14.0m 239,701 – new ETN EATON CORP PLC Industrials 0.08% $9.4m 140,232 −3.5% reduced CRM SALESFORCE INC Technology 0.08% $8.7m 127,487 +17% added SMMT SUMMIT THERAPEUTICS PLC Healthcare 0.07% $8.0m 930,000 0.0% held UPS UNITED PARCEL SERVICE INC Industrials 0.06% $6.4m 55,592 0.0% held CNQ CANADIAN NAT RES LTD MED TER Energy 0.05% $5.5m 173,534 −31% reduced CTRA COTERRA ENERGY INC – 0.05% $5.5m 236,558 – new NEE NEXTERA ENERGY INC Utilities 0.05% $5.5m 46,078 – new IR INGERSOLL-RAND PLC Industrials 0.05% $5.2m 68,906 −65% reduced ACCENTURE PLC IRELAND no ticker – 0.05% $5.1m 43,907 0.0% held SYY SYSCO CORP Consumer Defensive 0.04% $4.7m 84,228 −21% reduced UNH UNITEDHEALTH GROUP INC Healthcare 0.04% $4.6m 28,996 0.0% held PRICELINE GRP INC no ticker – 0.04% $4.6m 3,145 −29% reduced MSGN MSG NETWORK INC – 0.03% $3.4m 160,256 0.0% held FSLR FIRST SOLAR INC Technology 0.02% $2.7m 84,838 – new BABA ALIBABA GROUP HLDG LTD Consumer Cyclical 0.02% $2.6m 29,729 +8.4% added REYNOLDS AMERICAN INC no ticker – 0.02% $2.4m 43,248 0.0% held SUNPOWER CORP no ticker – 0.02% $2.0m 3.00m – new SPWRQ SUNPOWER CORP – 0.02% $1.9m 293,772 +491% added MTCH MATCH GROUP INC Communication Services 0.02% $1.8m 105,097 −19% reduced CPS COOPER-STANDARD HOLDINGS INC Consumer Cyclical 0.01% $1.4m 13,645 – new FITEUR FITBIT INC – 0.01% $1.2m 165,069 0.0% held KO COCA COLA CO Consumer Defensive 0.01% $1.1m 27,630 0.0% held WBA WALGREENS BOOTS ALLIANCE INC – 0.01% $1.0m 12,185 – new ENCANA CORP no ticker – 0.01% $564k 48,005 – new ALGN ALIGN TECHNOLOGY INC Healthcare 0.0% $529k 5,500 – new JUNO THERAPEUTICS INC no ticker – 0.0% $379k 20,125 0.0% held ZELTIQ AESTHETICS INC no ticker – 0.0% $324k 7,455 0.0% held
Exited since Q3 2016 4 rows
Stock Prior weight Prior value LINKEDIN CORP no ticker 0.05% $5.9m AES AES CORP 0.05% $5.3m BWA BORGWARNER INC 0.02% $2.8m AMD ADVANCED MICRO DEVICES INC 0.01% $760k
Sector mix Communication Services 35.3% Financial Services 26.5% Consumer Cyclical 18.7% Industrials 11.8% Unclassified 7.1% Healthcare 0.4% Technology 0.1% Consumer Defensive 0.05% Energy 0.05% Utilities 0.05% 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