Funds › Lansdowne Partners (UK) LLP › Q3 2020Lansdowne Partners (UK) LLP 13F holdings, Q3 2020 Lansdowne Partners (UK) LLP disclosed 38 US equity positions worth $1.9bn in its Q3 2020 13F filing. Its largest position is FCX at 8.8% of the reported book, followed by AMAT and TSM. Versus Q2 2020 it opened 9 new positions, added to 12, reduced 16 and exited 8.
$1.9bn Reported equity book Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
38 Positions Distinct securities in the equity book with a reported value above zero. Options are excluded.
8.8% Largest position The largest single position as a share of the reported equity book.
62.0% Top 10 weight The ten largest positions together, as a share of the reported equity book.
20 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 2020: 9 new , 12 added , 16 reduced , 8 exited
38 rows
Stock Sector Weight Value Shares Δ shares Action FCX FREEPORT MCMORAN INC Basic Materials 8.8% $168m 10.74m +92% added AMAT APPLIED MATLS INC Technology 7.9% $152m 2.56m −29% reduced TSM TAIWAN SEMICONDUCTOR MANUFAC Technology 7.8% $149m 1.83m +32% added DAL DELTA AIR LINES INC Industrials 6.7% $129m 4.23m −51% reduced ADI ANALOG DEVICES INC Technology 5.5% $105m 900,584 −7.3% reduced C CITIGROUP INC Financial Services 5.3% $102m 2.37m −58% reduced CARR CARRIER GLOBAL CORPORATION Industrials 5.2% $99.1m 3.25m −5.0% reduced LRCX LAM RESEARCH CORP Technology 5.2% $98.7m 297,635 −53% reduced MU MICRON TECHNOLOGY INC Technology 5.0% $96.6m 2.06m −50% reduced OTIS OTIS WORLDWIDE CORP Industrials 4.6% $87.8m 1.41m +74% added VMC VULCAN MATLS CO Basic Materials 4.1% $78.2m 577,050 −26% reduced ED CONSOLIDATED EDISON INC Utilities 4.0% $76.7m 985,961 −12% reduced ETN EATON CORP PLC Industrials 3.7% $71.2m 697,634 +13% added RYAAY RYANAIR HOLDINGS PLC Industrials 3.3% $62.3m 762,452 −19% reduced EGO ELDORADO GOLD CORP NEW Basic Materials 3.2% $62.1m 5.89m +33% added FSLR FIRST SOLAR INC Technology 3.1% $59.0m 891,286 +66% added NSC NORFOLK SOUTHERN CORP Industrials 2.9% $56.3m 263,161 −13% reduced DAR DARLING INGREDIENTS INC Consumer Defensive 1.8% $35.3m 979,955 +34% added CTRA COTERRA ENERGY INC – 1.7% $33.4m 1.93m +90% added UAL UNITED AIRLINES HLDGS INC Industrials 1.5% $28.4m 815,934 −56% reduced TMUS T-MOBILE US INC Communication Services 1.4% $27.1m 236,872 +59% added IDA IDACORP INC Utilities 1.3% $25.0m 313,200 – new LUV Southwest Airlines Co. Industrials 1.2% $23.6m 629,119 −76% reduced BLDP BALLARD PWR SYS INC NEW Industrials 0.7% $14.1m 933,498 – new AES AES CORP Utilities 0.5% $10.4m 577,036 −73% reduced AG FIRST MAJESTIC SILVER CORP Basic Materials 0.5% $10.3m 1.08m +83% added BKNG BOOKING HOLDINGS INC Consumer Cyclical 0.4% $8.6m 5,000 +9.9% added EQT EQT CORPORATION Energy 0.4% $8.1m 626,200 – new REGIEUR RENEWABLE ENERGY GROUP INC – 0.4% $7.1m 133,827 −67% reduced CDE COEUR MNG INC Basic Materials 0.3% $6.5m 883,817 – new PAAS PAN AMERN SILVER CORP Basic Materials 0.3% $6.5m 202,593 +84% added UNVREUR UNIVAR SOLUTIONS INC – 0.3% $5.8m 340,775 0.0% held LOOP LOOP INDS INC – 0.2% $4.2m 304,769 – new KENSINGTON CAP ACQUISITION C no ticker – 0.2% $3.3m 199,075 – new DIAMONDPEAK HLDGS COR no ticker – 0.2% $3.0m 116,159 – new GDXJ VANECK ETF TRUST – 0.06% $1.2m 22,435 −65% reduced KENSINGTON CAP ACQUISITION C no ticker – 0.03% $653k 145,000 – new HL ACQUISITIONS CORP no ticker – 0.02% $364k 175,600 – new
Exited since Q2 2020 Sector mix Technology 34.4% Industrials 29.9% Basic Materials 17.3% Utilities 5.9% Financial Services 5.3% Unclassified 3.1% Consumer Defensive 1.8% Communication Services 1.4% Consumer Cyclical 0.4% Energy 0.4% 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