Funds › Lansdowne Partners (UK) LLP › Q2 2017Lansdowne Partners (UK) LLP 13F holdings, Q2 2017 Lansdowne Partners (UK) LLP disclosed 43 US equity positions worth $11.5bn in its Q2 2017 13F filing. Its largest position is JPM at 18.1% of the reported book, followed by DAL and AMZN. Versus Q1 2017 it opened 9 new positions, added to 13, reduced 12 and exited 11.
$11.5bn 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.
18.1% Largest position The largest single position as a share of the reported equity book.
92.5% Top 10 weight The ten largest positions together, as a share of the reported equity book.
9 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 Q1 2017: 9 new , 13 added , 12 reduced , 11 exited
43 rows
Stock Sector Weight Value Shares Δ shares Action JPM JPMORGAN CHASE & CO Financial Services 18.1% $2.1bn 22.69m +1.9% added DAL DELTA AIR LINES INC Industrials 13.4% $1.5bn 28.55m +1.6% added AMZN AMAZON COM INC Consumer Cyclical 11.9% $1.4bn 1.41m −6.2% reduced BAC BANK OF AMER CORP Financial Services 11.3% $1.3bn 53.39m +12% added CMCSA COMCAST CORP NEW Communication Services 10.7% $1.2bn 31.64m −20% reduced GOOGL ALPHABET INC Communication Services 8.8% $1.0bn 1.09m −8.1% reduced META META PLATFORMS INC Communication Services 6.4% $734m 4.86m −23% reduced TSM TAIWAN SEMICONDUCTOR MANUFAC Technology 5.7% $659m 18.84m +60192% added C CITIGROUP INC Financial Services 3.9% $444m 6.64m +0.3% held HAS HASBRO INC Consumer Cyclical 2.3% $268m 2.40m +0.1% held PYPL PAYPAL HLDGS INC Financial Services 1.5% $177m 3.29m – new LBEUR L BRANDS INC – 1.4% $162m 3.01m +62% added NKE NIKE INC Consumer Cyclical 0.9% $104m 1.77m −45% reduced DIS DISNEY WALT CO Communication Services 0.8% $91.1m 857,062 −84% reduced MANCHESTER UTD PLC NEW no ticker – 0.7% $80.3m 4.94m 0.0% held JCI JOHNSON CONTROLS INTERNATION Industrials 0.3% $33.2m 766,273 +6.7% added CYTK CYTOKINETICS INC Healthcare 0.3% $32.0m 2.65m +14% added WDC WESTERN DIGITAL CORP. Technology 0.2% $18.7m 211,300 – new CNQ CANADIAN NAT RES LTD MED TER Energy 0.1% $15.5m 536,994 +572% added FSLR FIRST SOLAR INC Technology 0.1% $14.6m 365,430 – new ADNT ADIENT PLC Consumer Cyclical 0.1% $14.0m 214,143 −16% reduced HCC WARRIOR MET COAL INC Basic Materials 0.1% $12.6m 734,673 – new SMMT SUMMIT THERAPEUTICS PLC Healthcare 0.09% $10.6m 930,000 0.0% held CRM SALESFORCE INC Technology 0.09% $10.2m 118,227 0.0% held UTXZ UNITED TECHNOLOGIES CORP – 0.08% $9.0m 73,705 −55% reduced ACCENTURE PLC IRELAND no ticker – 0.06% $7.2m 58,572 +27% added BABA ALIBABA GROUP HLDG LTD Consumer Cyclical 0.06% $7.1m 50,078 +22% added BARCLAYS BK PLC no ticker – 0.06% $6.9m 540,163 – new 8POINT3 ENERGY PARTNERS LP no ticker – 0.06% $6.5m 432,003 – new BTU PEABODY ENERGY CORP Energy 0.06% $6.5m 266,096 – new PRICELINE GRP INC no ticker – 0.05% $5.9m 3,150 +21% added UNH UNITEDHEALTH GROUP INC Healthcare 0.05% $5.4m 28,996 0.0% held MSGN MSG NETWORK INC – 0.03% $3.6m 160,256 0.0% held UPS UNITED PARCEL SERVICE INC Industrials 0.03% $3.0m 27,492 0.0% held ETN EATON CORP PLC Industrials 0.03% $3.0m 38,653 −79% reduced SYY SYSCO CORP Consumer Defensive 0.02% $2.9m 56,639 −33% reduced HONGBP HONEYWELL INTL INC – 0.02% $2.8m 21,058 −62% reduced ADBE ADOBE INC Technology 0.02% $2.2m 15,661 +33% added IR INGERSOLL-RAND PLC Industrials 0.02% $1.8m 20,188 −87% reduced SWK STANLEY BLACK & DECKER INC Industrials 0.02% $1.8m 12,702 – new ENIC ENEL CHILE S.A. Utilities 0.01% $1.4m 261,736 – new WBA WALGREENS BOOTS ALLIANCE INC – 0.01% $1.2m 15,197 +25% added ALLERGAN PLC no ticker – 0.01% $975k 4,010 0.0% held
Exited since Q1 2017 Sector mix Financial Services 34.8% Communication Services 26.7% Consumer Cyclical 15.3% Industrials 13.7% Technology 6.1% Unclassified 2.5% Healthcare 0.4% Energy 0.2% Basic Materials 0.1% Consumer Defensive 0.02% Utilities 0.01% 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