Funds › Lansdowne Partners (UK) LLP › Q4 2023Lansdowne Partners (UK) LLP 13F holdings, Q4 2023 Lansdowne Partners (UK) LLP disclosed 35 US equity positions worth $1.4bn in its Q4 2023 13F filing. Its largest position is RYAAY at 18.1% of the reported book, followed by CRH and LIN. Versus Q3 2023 it opened 3 new positions, added to 15, reduced 14 and exited 4.
$1.4bn Reported equity book Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
35 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.
89.6% Top 10 weight The ten largest positions together, as a share of the reported equity book.
8 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 Q3 2023: 3 new , 15 added , 14 reduced , 4 exited
35 rows
Stock Sector Weight Value Shares Δ shares Action RYAAY RYANAIR HOLDINGS PLC Industrials 18.1% $247m 1.85m −11% reduced CRH CRH PLC Basic Materials 16.1% $220m 3.17m +19% added LIN LINDE PLC Basic Materials 15.9% $217m 527,144 −6.5% reduced TSM TAIWAN SEMICONDUCTOR MANUFAC Technology 15.8% $216m 2.08m +15% added AMZN AMAZON COM INC Consumer Cyclical 5.2% $70.8m 465,794 −2.4% reduced FCX FREEPORT MCMORAN INC Basic Materials 4.4% $60.1m 1.41m +5.7% added GOLF ACUSHNET HLDGS CORP Consumer Cyclical 4.2% $57.8m 914,791 −1.8% reduced ADI ANALOG DEVICES INC Technology 3.6% $49.5m 249,513 −2.4% reduced IEUR ISHARES TR – 3.1% $42.7m 1.29m – new DAL DELTA AIR LINES INC Industrials 3.0% $41.1m 1.02m −2.4% reduced ETN EATON CORP PLC Industrials 3.0% $40.3m 167,264 −21% reduced LLY ELI LILLY & CO Healthcare 2.0% $27.9m 47,845 +46% added 75Z SOHO HOUSE & CO INC – 1.4% $18.6m 2.62m +0.2% held IONQ IONQ INC Technology 0.8% $10.5m 851,175 +19% added ABX BARRICK GOLD CORP Financial Services 0.6% $8.2m 453,976 −8.6% reduced MRNA MODERNA INC Healthcare 0.5% $6.9m 69,000 +19% added BIDU BAIDU INC Communication Services 0.4% $5.2m 43,307 +45% added EH EHANG HLDGS LTD – 0.3% $4.1m 242,161 +446% added MNSO MINISO GROUP HLDG LTD Consumer Cyclical 0.2% $3.2m 158,991 +14% added LI LI AUTO INC Consumer Cyclical 0.2% $2.9m 77,194 0.0% held D0A DADA NEXUS LTD – 0.2% $2.8m 857,195 +31% added MSFT MICROSOFT CORP Technology 0.1% $1.8m 4,662 – new HUYA HUYA INC Communication Services 0.08% $1.1m 288,453 −47% reduced IQ IQIYI INC Communication Services 0.08% $1.1m 216,026 −20% reduced RERE ATRENEW INC Consumer Cyclical 0.07% $989k 515,046 0.0% held ZLAB ZAI LAB LTD Healthcare 0.07% $966k 35,348 +0.6% added EPAM EPAM SYS INC Technology 0.06% $868k 2,919 – new HSAI HESAI GROUP – 0.06% $786k 88,241 +1.4% added LU LUFAX HOLDING LTD Financial Services 0.06% $781k 254,265 −87% reduced AEM AGNICO EAGLE MINES LTD Basic Materials 0.05% $658k 12,004 +15% added SPOT SPOTIFY TECHNOLOGY S A Communication Services 0.05% $637k 3,388 +56% added VMC VULCAN MATLS CO Basic Materials 0.03% $470k 2,072 −13% reduced RBLX ROBLOX CORP Communication Services 0.03% $464k 10,141 +19% added SYY SYSCO CORP Consumer Defensive 0.03% $436k 5,968 −26% reduced YATSEN HLDG LTD no ticker – 0.0% $9.2k 12,605 −99% reduced
Exited since Q3 2023 4 rows
Stock Prior weight Prior value SCHW SCHWAB CHARLES CORP 0.4% $3.8m RGTI RIGETTI COMPUTING INC 0.02% $269k BNR BURNING ROCK BIOTECH LTD 0.01% $119k ZHIHU INC no ticker 0.0% $22.1k
Sector mix Basic Materials 36.5% Industrials 24.1% Technology 20.4% Consumer Cyclical 10.0% Unclassified 5.1% Healthcare 2.6% Financial Services 0.7% Communication Services 0.6% Consumer Defensive 0.03% 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