Funds › Lansdowne Partners (UK) LLP › Q1 2024Lansdowne Partners (UK) LLP 13F holdings, Q1 2024 Lansdowne Partners (UK) LLP disclosed 35 US equity positions worth $1.5bn in its Q1 2024 13F filing. Its largest position is TSM at 20.1% of the reported book, followed by CRH and RYAAY. Versus Q4 2023 it opened 6 new positions, added to 7, reduced 21 and exited 6.
$1.5bn 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.
20.1% Largest position The largest single position as a share of the reported equity book.
93.9% 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 Q4 2023: 6 new , 7 added , 21 reduced , 6 exited
35 rows
Stock Sector Weight Value Shares Δ shares Action TSM TAIWAN SEMICONDUCTOR MANUFAC Technology 20.1% $310m 2.28m +9.8% added CRH CRH PLC Basic Materials 17.4% $269m 3.12m −1.8% reduced RYAAY RYANAIR HOLDINGS PLC Industrials 16.7% $259m 1.78m −4.2% reduced LIN LINDE PLC Basic Materials 11.3% $175m 376,550 −29% reduced DAL DELTA AIR LINES INC Industrials 9.3% $144m 3.02m +195% added AMZN AMAZON COM INC Consumer Cyclical 7.4% $114m 632,237 +36% added GOLF ACUSHNET HLDGS CORP Consumer Cyclical 3.8% $59.0m 894,467 −2.2% reduced FCX FREEPORT MCMORAN INC Basic Materials 3.2% $49.1m 1.04m −26% reduced ADI ANALOG DEVICES INC Technology 2.4% $37.6m 189,913 −24% reduced ETN EATON CORP PLC Industrials 2.3% $35.5m 113,384 −32% reduced LLY ELI LILLY & CO Healthcare 1.5% $23.6m 30,289 −37% reduced IEUR ISHARES TR – 1.4% $21.6m 624,535 −52% reduced 75Z SOHO HOUSE & CO INC – 1.0% $14.9m 2.62m 0.0% held IONQ IONQ INC Technology 0.9% $13.9m 1.39m +63% added MRNA MODERNA INC Healthcare 0.2% $3.8m 36,000 −48% reduced MSFT MICROSOFT CORP Technology 0.1% $1.9m 4,584 −1.7% reduced EH EHANG HLDGS LTD – 0.1% $1.9m 92,214 −62% reduced MAR MARRIOTT INTL INC NEW Consumer Cyclical 0.09% $1.3m 5,287 – new D0A DADA NEXUS LTD – 0.08% $1.3m 617,766 −28% reduced MNSO MINISO GROUP HLDG LTD Consumer Cyclical 0.08% $1.2m 60,951 −62% reduced SPOT SPOTIFY TECHNOLOGY S A Communication Services 0.08% $1.2m 4,629 +37% added BIDU BAIDU INC Communication Services 0.06% $921k 8,752 −80% reduced LI LI AUTO INC Consumer Cyclical 0.06% $882k 29,125 −62% reduced HSAI HESAI GROUP – 0.05% $755k 149,262 +69% added AEM AGNICO EAGLE MINES LTD Basic Materials 0.05% $739k 12,386 +3.2% added EPAM EPAM SYS INC Technology 0.04% $655k 2,371 −19% reduced IQ IQIYI INC Communication Services 0.04% $589k 139,192 −36% reduced TXN TEXAS INSTRS INC Technology 0.03% $397k 2,279 – new SIMO SILICON MOTION TECHNOLOGY CO Technology 0.02% $361k 4,694 – new ABX BARRICK GOLD CORP Financial Services 0.02% $335k 20,144 −96% reduced FTV FORTIVE CORP Technology 0.02% $322k 3,745 – new VMC VULCAN MATLS CO Basic Materials 0.02% $316k 1,159 −44% reduced ROK ROCKWELL AUTOMATION INC Industrials 0.02% $268k 920 – new RBLX ROBLOX CORP Communication Services 0.02% $258k 6,769 −33% reduced BILI BILIBILI INC Communication Services 0.02% $258k 23,000 – new
Exited since Q4 2023 6 rows
Stock Prior weight Prior value HUYA HUYA INC 0.08% $1.1m RERE ATRENEW INC 0.07% $989k ZLAB ZAI LAB LTD 0.07% $966k LU LUFAX HOLDING LTD 0.06% $781k SYY SYSCO CORP 0.03% $436k YATSEN HLDG LTD no ticker 0.0% $9.2k
Sector mix Basic Materials 31.9% Industrials 28.4% Technology 23.6% Consumer Cyclical 11.4% Unclassified 2.6% Healthcare 1.8% Communication Services 0.2% Financial Services 0.02% 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