WhaleCreep

Lansdowne Partners (UK) LLP 13F holdings, Q2 2024

Hedge fundSEC filingsCompare with another fundHoldings as of 2024-06-30, filed 2025-05-20

Lansdowne Partners (UK) LLP disclosed 26 US equity positions worth $1.3bn in its Q2 2024 13F filing. Its largest position is TSM at 29.7% of the reported book, followed by CRH and LIN. Versus Q1 2024 it opened 1 new position, added to 8, reduced 14 and exited 10.

$1.3bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
26
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
29.7%
Largest position
The largest single position as a share of the reported equity book.
94.7%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
6
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 2024: 1 new, 8 added, 14 reduced, 10 exited

26 rows
TSM TAIWAN SEMICONDUCTOR MANUFACTechnology29.7%$379m2.18m−4.2%reduced
CRH CRH PLCBasic Materials17.7%$226m3.01m−3.5%reduced
LIN LINDE PLCBasic Materials13.7%$175m399,096+6.0%added
DAL DELTA AIR LINES INCIndustrials10.8%$137m2.90m−3.9%reduced
AMZN AMAZON COM INCConsumer Cyclical6.6%$84.9m439,146−31%reduced
RYAAY RYANAIR HOLDINGS PLCIndustrials5.7%$73.0m627,152−65%reduced
FCX FREEPORT MCMORAN INCBasic Materials3.3%$42.8m880,158−16%reduced
GOLF ACUSHNET HLDGS CORPConsumer Cyclical3.3%$41.8m657,464−26%reduced
ETN EATON CORP PLCIndustrials2.2%$28.2m89,866−21%reduced
ADI ANALOG DEVICES INCTechnology1.7%$21.8m95,525−50%reduced
IEUR ISHARES TR–1.3%$17.0m495,329−21%reduced
LLY ELI LILLY & COHealthcare1.1%$14.0m15,498−49%reduced
75Z SOHO HOUSE & CO INC–1.1%$13.9m2.62m0.0%held
IONQ IONQ INCTechnology0.7%$9.4m1.33m−4.2%reduced
MRNA MODERNA INCHealthcare0.2%$2.4m20,500−43%reduced
TXN TEXAS INSTRS INCTechnology0.2%$2.3m11,600+409%added
MSFT MICROSOFT CORPTechnology0.2%$2.0m4,5840.0%held
MAR MARRIOTT INTL INC NEWConsumer Cyclical0.1%$1.5m6,343+20%added
FLUTTER ENTMT PLC no ticker–0.08%$981k5,380–new
SPOT SPOTIFY TECHNOLOGY S ACommunication Services0.06%$792k2,523−45%reduced
ABX BARRICK GOLD CORPFinancial Services0.05%$643k38,536+91%added
IQ IQIYI INCCommunication Services0.04%$563k153,482+10%added
BILI BILIBILI INCCommunication Services0.03%$442k28,612+24%added
FTV FORTIVE CORPTechnology0.03%$437k5,892+57%added
ROK ROCKWELL AUTOMATION INCIndustrials0.03%$356k1,295+41%added
VMC VULCAN MATLS COBasic Materials0.02%$287k1,154−0.4%held

Exited since Q1 2024

10 rows
EH EHANG HLDGS LTD0.1%$1.9m
D0A DADA NEXUS LTD0.08%$1.3m
MNSO MINISO GROUP HLDG LTD0.08%$1.2m
BIDU BAIDU INC0.06%$921k
LI LI AUTO INC0.06%$882k
HSAI HESAI GROUP0.05%$755k
AEM AGNICO EAGLE MINES LTD0.05%$739k
EPAM EPAM SYS INC0.04%$655k
SIMO SILICON MOTION TECHNOLOGY CO0.02%$361k
RBLX ROBLOX CORP0.02%$258k

Sector mix

  • Basic Materials34.8%
  • Technology32.5%
  • Industrials18.7%
  • Consumer Cyclical10.0%
  • Unclassified2.5%
  • Healthcare1.3%
  • Communication Services0.1%
  • Financial Services0.05%

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