WhaleCreep

Lansdowne Partners (UK) LLP 13F holdings, Q3 2021

Hedge fundSEC filingsCompare with another fundHoldings as of 2021-09-30, filed 2021-11-12

Lansdowne Partners (UK) LLP disclosed 27 US equity positions worth $2.0bn in its Q3 2021 13F filing. Its largest position is FCX at 9.3% of the reported book, followed by ETN and DAL. Versus Q2 2021 it opened 7 new positions, added to 6, reduced 14 and exited 10.

$2.0bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
27
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
9.3%
Largest position
The largest single position as a share of the reported equity book.
75.0%
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 Q2 2021: 7 new, 6 added, 14 reduced, 10 exited

27 rows
FCX FREEPORT MCMORAN INCBasic Materials9.3%$184m5.66m−26%reduced
ETN EATON CORP PLCIndustrials9.2%$183m1.23m−24%reduced
DAL DELTA AIR LINES INCIndustrials8.6%$171m4.02m−12%reduced
ADI ANALOG DEVICES INCTechnology8.4%$166m993,432+10%added
TSM TAIWAN SEMICONDUCTOR MANUFACTechnology7.7%$153m1.37m+17%added
ILMN ILLUMINA INCHealthcare7.5%$150m369,679+61%added
AMAT APPLIED MATLS INCTechnology7.3%$146m1.13m−11%reduced
CARR CARRIER GLOBAL CORPORATIONIndustrials6.0%$119m2.31m−36%reduced
WRKUSD WESTROCK CO–5.8%$116m2.33m–new
RYAAY RYANAIR HOLDINGS PLCIndustrials5.1%$102m929,058−14%reduced
GE GENERAL ELECTRIC COIndustrials4.7%$93.7m908,989−83%reduced
IEUR ISHARES TR–4.7%$92.7m1.65m+1.8%added
NVT NVENT ELECTRIC PLCIndustrials3.5%$69.5m2.15m+468%added
EGO ELDORADO GOLD CORP NEWBasic Materials2.1%$40.8m5.28m−4.0%reduced
WMG WARNER MUSIC GROUP CORPCommunication Services1.8%$35.6m832,476−32%reduced
FSLR FIRST SOLAR INCTechnology1.6%$32.6m341,555–new
CTRA COTERRA ENERGY INC–1.2%$22.9m1.05m–new
OTIS OTIS WORLDWIDE CORPIndustrials1.0%$20.6m249,942−29%reduced
BLDP BALLARD PWR SYS INC NEWIndustrials0.8%$16.5m1.17m−11%reduced
XECEUR CIMAREX ENERGY CO–0.8%$15.0m172,026–new
CF CF Industries Holdings IncBasic Materials0.7%$13.9m249,764–new
VMC VULCAN MATLS COBasic Materials0.6%$11.3m66,749−77%reduced
BLBD BLUE BIRD CORPIndustrials0.5%$10.0m481,354−7.3%reduced
BKNG BOOKING HOLDINGS INCConsumer Cyclical0.5%$9.5m4,000+48%added
AGI ALAMOS GOLD INCBasic Materials0.3%$7.0m966,113–new
CCJ CAMECO CORPEnergy0.2%$4.0m183,483–new
BARCLAYS BANK PLC no ticker–0.1%$2.7m97,844−47%reduced

Exited since Q2 2021

10 rows
LRCX LAM RESEARCH CORP4.2%$94.6m
MU MICRON TECHNOLOGY INC3.9%$89.0m
AERCAP HOLDINGS NV no ticker1.7%$39.5m
UAL UNITED AIRLINES HLDGS INC1.5%$33.7m
LUV Southwest Airlines Co.0.7%$15.5m
ENEL AMERICAS S A no ticker0.7%$15.5m
TMUS T-MOBILE US INC0.3%$7.1m
RBLX ROBLOX CORP0.2%$3.6m
SSO PROSHARES TR0.09%$2.0m
PROSHARES TR II no ticker0.03%$699k

Sector mix

  • Industrials39.5%
  • Technology25.0%
  • Basic Materials12.9%
  • Unclassified12.5%
  • Healthcare7.5%
  • Communication Services1.8%
  • Consumer Cyclical0.5%
  • Energy0.2%

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