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Lansdowne Partners 13F holdings, Q1 2025

Holdings as of March 31, 2025 · filings on SEC EDGAR · latest filing →

Lansdowne Partners disclosed 20 US equity positions worth $927.9m in its Q1 2025 13F filing. The largest position was LIN at 22.3% of the reported book, followed by SW and DAL. Against the Q4 2024 filing, it opened 2 new positions, added to 7 and reduced 10 among the top 20 holdings.

← Q4 2024 · Q2 2025 →

What did Lansdowne Partners own in Q1 2025? Top 20 positions

#StockSectorWeightValueSharesΔ sharesvs Q4 2024
1 LIN LINDE PLC Basic Materials 22.3%$207.3m445,272 6% added
2 SW SMURFIT WESTROCK PLC Consumer Cyclical 15.4%$143.0m1,929,952 -54% reduced
3 DAL DELTA AIR LINES INC DEL Industrials 14.0%$130.1m2,024,999 -41% reduced
4 CRH CRH PLC Basic Materials 13.5%$125.3m1,123,117 -43% reduced
5 TSM TAIWAN SEMICONDUCTOR MFG LTD Technology 12.3%$114.2m498,017 -70% reduced
6 GOLF ACUSHNET HLDGS CORP Consumer Cyclical 6.4%$59.7m542,284 -4% reduced
7 ADI ANALOG DEVICES INC Technology 6.1%$57.0m196,829 -30% reduced
8 FCX FREEPORT-MCMORAN INC Basic Materials 3.8%$35.5m558,290 100% added
9 SOHO HOUSE & CO INC 2.3%$21.6m2,567,413 -0% held
10 IONQ IONQ INC Technology 1.8%$16.9m493,785 -51% reduced
11 ROK ROCKWELL AUTOMATION INC Industrials 0.4%$4.1m15,727 157% added
12 AMZN AMAZON COM INC Consumer Cyclical 0.3%$3.2m16,930 -89% reduced
13 TXN TEXAS INSTRS INC Technology 0.3%$3.1m17,451 6% added
14 FTV FORTIVE CORP Technology 0.2%$2.0m27,445 91% added
15 ABX BARRICK GOLD CORP Financial Services 0.2%$2.0m100,790 179% added
16 FLUTTER ENTMT PLC 0.1%$1.1m5,009 47% added
17 AEM AGNICO EAGLE MINES LTD Basic Materials 0.1%$585.8k5,404 -6% reduced
18 MAR MARRIOTT INTL INC NEW Consumer Cyclical 0.1%$485.0k2,036 -80% reduced
19 BABA ALIBABA GROUP HLDG LTD Consumer Cyclical 0.0%$390.7k2,955 new
20 SPOTIFY USA INC 0.0%$238.7k434 new

Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.