WhaleCreep

Lansdowne Partners (UK) LLP 13F holdings, Q2 2021

Hedge fundSEC filingsCompare with another fundHoldings as of 2021-06-30, filed 2021-08-13

Lansdowne Partners (UK) LLP disclosed 30 US equity positions worth $2.3bn in its Q2 2021 13F filing. Its largest position is FCX at 12.5% of the reported book, followed by ETN and DAL. Versus Q1 2021 it opened 5 new positions, added to 12, reduced 12 and exited 9.

$2.3bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
30
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
12.5%
Largest position
The largest single position as a share of the reported equity book.
74.7%
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 2021: 5 new, 12 added, 12 reduced, 9 exited

30 rows
FCX FREEPORT MCMORAN INCBasic Materials12.5%$283m7.64m+13%added
ETN EATON CORP PLCIndustrials10.5%$239m1.61m+63%added
DAL DELTA AIR LINES INCIndustrials8.8%$199m4.59m+25%added
AMAT APPLIED MATLS INCTechnology8.0%$181m1.27m−36%reduced
CARR CARRIER GLOBAL CORPORATIONIndustrials7.8%$176m3.61m+18%added
ADI ANALOG DEVICES INCTechnology6.9%$155m901,227−13%reduced
TSM TAIWAN SEMICONDUCTOR MANUFACTechnology6.2%$140m1.17m−31%reduced
RYAAY RYANAIR HOLDINGS PLCIndustrials5.1%$116m1.08m−16%reduced
ILMN ILLUMINA INCHealthcare4.8%$109m229,868–new
LRCX LAM RESEARCH CORPTechnology4.2%$94.6m145,353−34%reduced
MU MICRON TECHNOLOGY INCTechnology3.9%$89.0m1.05m−25%reduced
GE GENERAL ELECTRIC COIndustrials3.3%$74.0m5.50m−25%reduced
EGO ELDORADO GOLD CORP NEWBasic Materials2.4%$54.7m5.50m−3.0%reduced
IEUR ISHARES TR–2.4%$53.7m1.62m+0.8%added
VMC VULCAN MATLS COBasic Materials2.2%$50.2m288,165+0.9%added
WMG WARNER MUSIC GROUP CORPCommunication Services1.9%$43.9m1.22m–new
AERCAP HOLDINGS NV no ticker–1.7%$39.5m771,363+566%added
UAL UNITED AIRLINES HLDGS INCIndustrials1.5%$33.7m643,731+0.9%added
OTIS OTIS WORLDWIDE CORPIndustrials1.3%$28.9m353,668−3.3%reduced
BLDP BALLARD PWR SYS INC NEWIndustrials1.1%$23.8m1.31m+1.0%added
LUV Southwest Airlines Co.Industrials0.7%$15.5m292,343+0.9%added
ENEL AMERICAS S A no ticker–0.7%$15.5m2.14m−46%reduced
BLBD BLUE BIRD CORPIndustrials0.6%$12.9m519,320+67%added
NVT NVENT ELECTRIC PLCIndustrials0.5%$11.8m378,763–new
TMUS T-MOBILE US INCCommunication Services0.3%$7.1m49,1840.0%held
BKNG BOOKING HOLDINGS INCConsumer Cyclical0.3%$5.9m2,700−9.8%reduced
BARCLAYS BANK PLC no ticker–0.2%$5.5m185,482–new
RBLX ROBLOX CORPCommunication Services0.2%$3.6m39,700+25%added
SSO PROSHARES TR–0.09%$2.0m16,744−15%reduced
PROSHARES TR II no ticker–0.03%$699k24,982–new

Exited since Q1 2021

9 rows
ED CONSOLIDATED EDISON INC2.0%$45.9m
DAR DARLING INGREDIENTS INC1.6%$36.7m
AES AES CORP0.6%$13.8m
REGIEUR RENEWABLE ENERGY GROUP INC0.4%$8.6m
BARCLAYS BANK PLC no ticker0.3%$7.0m
CDE COEUR MNG INC0.2%$4.6m
PAAS PAN AMERN SILVER CORP0.1%$3.3m
USO UNITED STS OIL FD LP0.04%$978k
PROSHARES TR II no ticker0.03%$578k

Sector mix

  • Industrials41.1%
  • Technology29.2%
  • Basic Materials17.1%
  • Unclassified5.2%
  • Healthcare4.8%
  • Communication Services2.4%
  • Consumer Cyclical0.3%

Book over time

Every quarter on file (49)
QuarterPositionsEquity book
Q2 202626$2.4bn
Q1 202622$1.9bn
Q4 202524$1.4bn
Q3 202521$1.2bn
Q2 202521$770m
Q1 202520$706m
Q4 202424$1.4bn
Q3 202425$1.3bn
Q2 202426$1.3bn
Q1 202435$1.5bn
Q4 202335$1.4bn
Q3 202336$1.1bn
Q2 202319$902m
Q1 202321$648m
Q4 202215$483m
Q3 202217$465m
Q2 202223$709m
Q1 202225$1.2bn
Q4 202124$1.6bn
Q3 202127$2.0bn
Q2 202130$2.3bn
Q1 202134$2.2bn
Q4 202036$2.3bn
Q3 202038$1.9bn
Q2 202037$2.3bn
Q1 202024$1.7bn
Q4 201924$2.8bn
Q3 201928$3.1bn
Q2 201927$3.6bn
Q1 201935$4.1bn
Q4 201835$5.4bn
Q3 201839$8.6bn
Q2 201847$9.7bn
Q1 201842$9.4bn
Q4 201744$10.7bn
Q3 201745$9.5bn
Q2 201743$11.5bn
Q1 201745$11.5bn
Q4 201645$11.2bn
Q3 201639$11.5bn
Q2 201641$10.7bn
Q1 201649$12.7bn
Q4 201559$14.5bn
Q3 201554$11.8bn
Q2 201555$11.7bn
Q1 201556$11.1bn
Q4 201444$11.1bn
Q3 201443$11.1bn
Q2 201442$10.6bn

Where Lansdowne Partners (UK) LLP was early

29 rows
BABA ALIBABA GROUP HLDG LTDQ3 201427 of 3771.4%3.2%18Exited by Q2 2025+49%
AES AES CORPQ1 20156 of 1690.02%1.4%10Exited by Q2 2021+109%
ETN EATON CORP PLCQ1 20159 of 1670.03%11.6%41Held at last filing, Q2 2026+527%
FSLR FIRST SOLAR INCQ1 201517 of 2140.0%4.4%20Exited by Q4 2021+60%
GOOGL ALPHABET INCQ4 201520 of 3757.4%10.8%14Exited by Q2 2019+51%
HAS HASBRO INCQ4 20165 of 1351.0%2.3%4Exited by Q4 2017+26%
TSM TAIWAN SEMICONDUCTOR MANUFACQ1 20177 of 3290.01%33.4%36Held at last filing, Q2 2026+1354%
CVE CENOVUS ENERGY INCQ3 20177 of 1340.2%1.5%8Exited by Q1 2020+1.3%
TXN TEXAS INSTRS INCQ3 201711 of 2020.02%6.0%20Held at last filing, Q2 2026+233%
SPOT SPOTIFY TECHNOLOGY S AQ2 201818 of 2812.0%2.1%11Exited by Q1 2025+166%
EGO ELDORADO GOLD CORP NEWQ2 20191 of 720.9%3.2%13Exited by Q3 2022+9.8%
PSX PHILLIPS 66Q2 201917 of 1610.6%1.0%3Exited by Q1 2021−25%
UBER UBER TECHNOLOGIES INCQ2 201918 of 3662.7%2.7%2Exited by Q4 2019−34%
LRCX LAM RESEARCH CORPQ2 201923 of 2364.2%12.7%9Exited by Q3 2021+246%
ADI ANALOG DEVICES INCQ4 201912 of 2024.7%13.3%27Held at last filing, Q2 2026+234%
DAR DARLING INGREDIENTS INCQ1 202012 of 1690.9%1.8%5Exited by Q2 2021+284%
CARR CARRIER GLOBAL CORPORATIONQ2 20203 of 1653.3%7.8%6Exited by Q4 2021+133%
ED CONSOLIDATED EDISON INCQ2 20203 of 943.5%4.0%4Exited by Q2 2021+4.0%
OTIS OTIS WORLDWIDE CORPQ2 20205 of 1472.0%4.6%6Exited by Q4 2021+45%
FCX FREEPORT-MCMORAN INCQ2 202022 of 2232.8%21.7%21Exited by Q3 2025+275%
IEUR ISHARES TRQ1 20211 of 222.2%5.9%7Exited by Q3 2024+5.5%
RBLX ROBLOX CORPQ1 202120 of 2190.09%3.8%10Exited by Q2 2024−41%
WMG WARNER MUSIC GROUP CORPQ2 20218 of 1251.9%1.9%3Exited by Q1 2022+20%
NVT NVENT ELEC PLCQ2 202111 of 1570.5%3.5%3Held at last filing, Q2 2026+443%
IONQ IONQ INCQ4 20211 of 1022.7%3.3%19Held at last filing, Q2 2026+219%
75Z SOHO HOUSE & CO INCQ4 20214 of 652.0%3.1%17Exited by Q1 2026−30%
RGTI RIGETTI COMPUTING INCQ1 20221 of 861.1%1.1%7Exited by Q4 2023−79%
CRH CRH PLCQ3 20233 of 18613.3%17.7%10Exited by Q1 2026+128%
SW SMURFIT WESTROCK PLCQ3 20242 of 9819.7%19.7%8Held at last filing, Q2 2026−6.4%

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