Funds › Lansdowne Partners (UK) LLP › Q2 2020Lansdowne Partners (UK) LLP 13F holdings, Q2 2020 Lansdowne Partners (UK) LLP disclosed 37 US equity positions worth $2.3bn in its Q2 2020 13F filing. Its largest position is C at 12.7% of the reported book, followed by DAL and AMAT. Versus Q1 2020 it opened 20 new positions, added to 1, reduced 15 and exited 7.
$2.3bn Reported equity book Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
37 Positions Distinct securities in the equity book with a reported value above zero. Options are excluded.
12.7% Largest position The largest single position as a share of the reported equity book.
70.7% Top 10 weight The ten largest positions together, as a share of the reported equity book.
15 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 2020: 20 new , 1 added , 15 reduced , 7 exited
37 rows
Stock Sector Weight Value Shares Δ shares Action C CITIGROUP INC Financial Services 12.7% $291m 5.69m – new DAL DELTA AIR LINES INC Industrials 10.6% $242m 8.64m −16% reduced AMAT APPLIED MATLS INC Technology 9.4% $217m 3.58m −21% reduced MU MICRON TECHNOLOGY INC Technology 9.2% $211m 4.10m +1.2% added LRCX LAM RESEARCH CORP Technology 9.0% $206m 637,057 −29% reduced ADI ANALOG DEVICES INC Technology 5.2% $119m 972,007 −36% reduced VMC VULCAN MATLS CO Basic Materials 3.9% $90.1m 777,848 – new LUV Southwest Airlines Co. Industrials 3.8% $87.9m 2.57m – new ED CONSOLIDATED EDISON INC Utilities 3.5% $80.3m 1.12m – new TSM TAIWAN SEMICONDUCTOR MANUFAC Technology 3.4% $79.1m 1.39m −23% reduced CARR CARRIER GLOBAL CORPORATION Industrials 3.3% $75.9m 3.42m – new FCX FREEPORT MCMORAN INC Basic Materials 2.8% $64.6m 5.58m – new UAL UNITED AIRLINES HLDGS INC Industrials 2.8% $63.7m 1.84m −60% reduced RYAAY RYANAIR HOLDINGS PLC Industrials 2.7% $62.6m 943,426 – new ETN EATON CORP PLC Industrials 2.4% $54.0m 617,612 −44% reduced NSC NORFOLK SOUTHERN CORP Industrials 2.3% $53.0m 301,844 −13% reduced OTIS OTIS WORLDWIDE CORP Industrials 2.0% $45.9m 806,597 – new EGO ELDORADO GOLD CORP NEW Basic Materials 1.9% $43.0m 4.44m −6.1% reduced 1LIFE HEALTHCARE INC no ticker – 1.4% $32.3m 888,559 0.0% held AES AES CORP Utilities 1.3% $30.8m 2.12m – new FSLR FIRST SOLAR INC Technology 1.2% $26.7m 538,524 −74% reduced DAR DARLING INGREDIENTS INC Consumer Defensive 0.8% $18.0m 729,140 −10% reduced CTRA COTERRA ENERGY INC – 0.8% $17.4m 1.01m – new TMUS T-MOBILE US INC Communication Services 0.7% $15.5m 149,094 – new NIKOLA CORP no ticker – 0.5% $10.6m 320,621 – new REGIEUR RENEWABLE ENERGY GROUP INC – 0.4% $10.1m 408,270 −68% reduced GE GENERAL ELECTRIC CO Industrials 0.3% $8.0m 1.17m −81% reduced SMMT SUMMIT THERAPEUTICS PLC Healthcare 0.3% $7.9m 2.67m −37% reduced BKNG BOOKING HOLDINGS INC Consumer Cyclical 0.3% $7.2m 4,550 – new AG FIRST MAJESTIC SILVER CORP Basic Materials 0.3% $5.8m 587,738 – new UNVREUR UNIVAR SOLUTIONS INC – 0.3% $5.7m 340,775 – new PAAS PAN AMERN SILVER CORP Basic Materials 0.1% $3.3m 110,171 – new GDXJ VANECK ETF TRUST – 0.1% $3.2m 64,413 – new GDX VANECK ETF TRUST – 0.1% $3.1m 83,425 – new AAL AMERICAN AIRLINES GROUP INC Industrials 0.1% $3.0m 230,000 – new NKE NIKE INC Consumer Cyclical 0.05% $1.1m 11,274 −39% reduced SCORPIO BULKERS INC no ticker – 0.04% $842k 55,000 – new
Exited since Q1 2020 7 rows
Stock Prior weight Prior value UTXZ UNITED TECHNOLOGIES CORP 3.9% $66.2m DHT DHT HOLDINGS INC 0.6% $10.0m VECTOIQ ACQUISITION CORP no ticker 0.5% $8.7m AGI ALAMOS GOLD INC 0.3% $5.5m TT TRANE TECHNOLOGIES PLC 0.2% $2.6m IQ IQIYI INC 0.05% $890k BABA ALIBABA GROUP HLDG LTD 0.04% $681k
Sector mix Technology 37.4% Industrials 30.3% Financial Services 12.7% Basic Materials 9.0% Utilities 4.8% Unclassified 3.6% Consumer Defensive 0.8% Communication Services 0.7% Consumer Cyclical 0.4% Healthcare 0.3% 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