Funds › Lansdowne Partners (UK) LLP › Q1 2017Lansdowne Partners (UK) LLP 13F holdings, Q1 2017 Lansdowne Partners (UK) LLP disclosed 45 US equity positions worth $11.5bn in its Q1 2017 13F filing. Its largest position is JPM at 17.0% of the reported book, followed by CMCSA and AMZN. Versus Q4 2016 it opened 12 new positions, added to 16, reduced 9 and exited 12.
$11.5bn 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.
17.0% Largest position The largest single position as a share of the reported equity book.
92.8% 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 Q4 2016: 12 new , 16 added , 9 reduced , 12 exited
45 rows
Stock Sector Weight Value Shares Δ shares Action JPM JPMORGAN CHASE & CO Financial Services 17.0% $2.0bn 22.28m +5.0% added CMCSA COMCAST CORP NEW Communication Services 12.9% $1.5bn 39.42m +84% added AMZN AMAZON COM INC Consumer Cyclical 11.6% $1.3bn 1.50m +2.2% added DAL DELTA AIR LINES INC Industrials 11.3% $1.3bn 28.10m +7.3% added BAC BANK OF AMER CORP Financial Services 9.8% $1.1bn 47.77m +57% added GOOGL ALPHABET INC Communication Services 8.7% $1.0bn 1.18m −7.8% reduced META META PLATFORMS INC Communication Services 7.8% $897m 6.31m +17% added DIS DISNEY WALT CO Communication Services 5.4% $625m 5.52m −32% reduced WFC WELLS FARGO & CO Financial Services 4.7% $544m 9.78m – new C CITIGROUP INC Financial Services 3.5% $396m 6.62m +9.5% added HAS HASBRO INC Consumer Cyclical 2.1% $239m 2.40m +71% added NKE NIKE INC Consumer Cyclical 1.6% $180m 3.22m −81% reduced LBEUR L BRANDS INC – 0.8% $87.9m 1.87m −82% reduced MANCHESTER UTD PLC NEW no ticker – 0.7% $83.5m 4.94m 0.0% held JCI JOHNSON CONTROLS INTERNATION Industrials 0.3% $30.3m 718,329 +73% added CYTK CYTOKINETICS INC Healthcare 0.3% $29.8m 2.32m 0.0% held ADNT ADIENT PLC Consumer Cyclical 0.2% $18.6m 256,167 +6.9% added UTXZ UNITED TECHNOLOGIES CORP – 0.2% $18.3m 163,303 +16% added ETN EATON CORP PLC Industrials 0.1% $13.7m 185,300 +32% added IR INGERSOLL-RAND PLC Industrials 0.1% $12.8m 157,506 +129% added SMMT SUMMIT THERAPEUTICS PLC Healthcare 0.1% $12.3m 930,000 0.0% held SNAP SNAP INC Communication Services 0.10% $11.4m 506,666 – new CRM SALESFORCE INC Technology 0.08% $9.8m 118,227 −7.3% reduced GE GENERAL ELECTRIC CO Industrials 0.07% $8.2m 274,474 – new HONGBP HONEYWELL INTL INC – 0.06% $7.0m 55,673 – new SUNPOWER CORP no ticker – 0.05% $5.6m 7.00m – new ACCENTURE PLC IRELAND no ticker – 0.05% $5.5m 45,964 +4.7% added UNH UNITEDHEALTH GROUP INC Healthcare 0.04% $4.8m 28,996 0.0% held PRICELINE GRP INC no ticker – 0.04% $4.6m 2,599 −17% reduced NFLX NETFLIX INC. Communication Services 0.04% $4.5m 30,164 – new BABA ALIBABA GROUP HLDG LTD Consumer Cyclical 0.04% $4.4m 41,114 +38% added SYY SYSCO CORP Consumer Defensive 0.04% $4.4m 84,228 0.0% held MSGN MSG NETWORK INC – 0.03% $3.7m 160,256 0.0% held TEEKAY LNG PARTNERS L P no ticker – 0.03% $3.6m 202,734 – new UPS UNITED PARCEL SERVICE INC Industrials 0.03% $3.0m 27,492 −51% reduced TGS TRANSPORTADORA DE GAS DEL SU Energy 0.02% $2.8m 193,952 – new CNQ CANADIAN NAT RES LTD MED TER Energy 0.02% $2.6m 79,876 −54% reduced SUNPOWER CORP no ticker – 0.02% $2.3m 3.00m 0.0% held ADBE ADOBE INC Technology 0.01% $1.5m 11,747 – new ALGN ALIGN TECHNOLOGY INC Healthcare 0.01% $1.2m 10,615 +93% added TSLA TESLA INC Consumer Cyclical 0.01% $1.0m 3,712 – new TSM TAIWAN SEMICONDUCTOR MANUFAC Technology 0.01% $1.0m 31,250 – new WBA WALGREENS BOOTS ALLIANCE INC – 0.01% $1.0m 12,185 0.0% held ALLERGAN PLC no ticker – 0.01% $958k 4,010 – new SPWRQ SUNPOWER CORP – 0.01% $923k 151,315 −48% reduced
Exited since Q4 2016 Sector mix Financial Services 35.1% Communication Services 35.1% Consumer Cyclical 15.5% Industrials 11.8% Unclassified 2.0% Healthcare 0.4% Technology 0.1% Energy 0.05% Consumer Defensive 0.04% 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