WhaleCreep

Lansdowne Partners (UK) LLP 13F holdings, Q4 2024

Hedge fundSEC filingsCompare with another fundHoldings as of 2024-12-31, filed 2025-05-15

Lansdowne Partners (UK) LLP disclosed 24 US equity positions worth $1.4bn in its Q4 2024 13F filing. Its largest position is TSM at 23.8% of the reported book, followed by SW and DAL. Versus Q3 2024 it opened 1 new position, added to 8, reduced 14 and exited 2.

$1.4bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
24
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
23.8%
Largest position
The largest single position as a share of the reported equity book.
95.9%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
7
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 2024: 1 new, 8 added, 14 reduced, 2 exited

24 rows
TSM TAIWAN SEMICONDUCTOR MANUFACTechnology23.8%$328m1.66m−7.0%reduced
SW SMURFIT WESTROCK PLCConsumer Cyclical16.3%$224m4.15m−18%reduced
DAL DELTA AIR LINES INCIndustrials15.1%$208m3.45m+67%added
CRH CRH PLCBasic Materials13.2%$182m1.96m−3.7%reduced
LIN LINDE PLCBasic Materials12.8%$176m419,786+17%added
ADI ANALOG DEVICES INCTechnology4.3%$59.6m280,460+42%added
IONQ IONQ INCTechnology3.0%$41.8m1.00m−24%reduced
GOLF ACUSHNET HLDGS CORPConsumer Cyclical2.9%$40.0m563,196−1.8%reduced
AMZN AMAZON COM INCConsumer Cyclical2.5%$34.1m155,282+1141%added
ETN EATON CORP PLCIndustrials2.0%$27.4m82,454−8.4%reduced
75Z SOHO HOUSE & CO INC–1.4%$19.2m2.57m−1.9%reduced
RYAAY RYANAIR HOLDINGS PLCIndustrials0.9%$12.7m291,053+29%added
FCX FREEPORT MCMORAN INCBasic Materials0.8%$10.6m278,962−82%reduced
TXN TEXAS INSTRS INCTechnology0.2%$3.1m16,469+27%added
MAR MARRIOTT INTL INC NEWConsumer Cyclical0.2%$2.9m10,402−4.1%reduced
ROK ROCKWELL AUTOMATION INCIndustrials0.1%$1.8m6,129+288%added
MRNA MODERNA INCHealthcare0.1%$1.5m35,000–new
FTV FORTIVE CORPTechnology0.08%$1.1m14,369+81%added
FLUTTER ENTMT PLC no ticker–0.06%$879k3,401−43%reduced
BILI BILIBILI INCCommunication Services0.04%$609k33,6450.0%held
ABX BARRICK GOLD CORPFinancial Services0.04%$560k36,122−40%reduced
AEM AGNICO EAGLE MINES LTDBasic Materials0.03%$449k5,738−52%reduced
VMC VULCAN MATLS COBasic Materials0.02%$297k1,155−20%reduced
SPOT SPOTIFY TECHNOLOGY S ACommunication Services0.02%$236k527−71%reduced

Exited since Q3 2024

2 rows
LLY ELI LILLY & CO1.0%$13.0m
JD JD.COM INC0.08%$1.0m

Sector mix

  • Technology31.5%
  • Basic Materials26.8%
  • Consumer Cyclical21.8%
  • Industrials18.2%
  • Unclassified1.5%
  • Healthcare0.1%
  • Communication Services0.06%
  • Financial Services0.04%

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