Lansdowne Partners 13F holdings, Q2 2025
Holdings as of June 30, 2025 · filings on SEC EDGAR · latest filing →
Lansdowne Partners disclosed 21 US equity positions worth $985.7m in its Q2 2025 13F filing. The largest position was TSM at 23.2% of the reported book, followed by LIN and DAL. Against the Q1 2025 filing, it opened 3 new positions, added to 8 and reduced 7 among the top 21 holdings.
What did Lansdowne Partners own in Q2 2025? Top 21 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2025 |
|---|---|---|---|---|---|---|---|
| 1 | TSM TAIWAN SEMICONDUCTOR MFG LTD | Technology | 23.2% | $228.5m | 738,205 | 48% | added |
| 2 | LIN LINDE PLC | Basic Materials | 14.7% | $144.8m | 308,634 | -31% | reduced |
| 3 | DAL DELTA AIR LINES INC DEL | Industrials | 10.6% | $104.2m | 1,553,889 | -23% | reduced |
| 4 | UAL UNITED AIRLS HLDGS INC | Industrials | 9.9% | $97.4m | 856,174 | – | new |
| 5 | FCX FREEPORT-MCMORAN INC | Basic Materials | 8.5% | $83.6m | 1,438,082 | 158% | added |
| 6 | CRH CRH PLC | Basic Materials | 8.0% | $78.5m | 525,214 | -53% | reduced |
| 7 | SW SMURFIT WESTROCK PLC | Consumer Cyclical | 7.2% | $71.2m | 1,304,056 | -32% | reduced |
| 8 | GOLF ACUSHNET HLDGS CORP | Consumer Cyclical | 6.0% | $59.4m | 540,385 | -0% | held |
| 9 | ADI ANALOG DEVICES INC | Technology | 3.5% | $35.0m | 146,488 | -26% | reduced |
| 10 | IONQ IONQ INC | Technology | 2.9% | $28.6m | 501,637 | 2% | added |
| 11 | SOHO HOUSE & CO INC | 2.3% | $22.6m | 2,567,413 | 0% | held | |
| 12 | AMZN AMAZON COM INC | Consumer Cyclical | 1.1% | $10.5m | 47,693 | 182% | added |
| 13 | ROK ROCKWELL AUTOMATION INC | Industrials | 0.9% | $8.9m | 26,775 | 70% | added |
| 14 | TXN TEXAS INSTRS INC | Technology | 0.6% | $6.1m | 29,338 | 68% | added |
| 15 | FTV FORTIVE CORP | Technology | 0.3% | $2.6m | 50,143 | 83% | added |
| 16 | FLUTTER ENTMT PLC | 0.1% | $1.1m | 3,925 | -22% | reduced | |
| 17 | RAL RALLIANT CORP | Technology | 0.1% | $810.4k | 16,713 | – | new |
| 18 | AEM AGNICO EAGLE MINES LTD | Basic Materials | 0.1% | $753.7k | 6,337 | 17% | added |
| 19 | MAR MARRIOTT INTL INC NEW | Consumer Cyclical | 0.1% | $556.3k | 2,036 | 0% | held |
| 20 | SPOTIFY USA INC | 0.0% | $307.7k | 401 | -8% | reduced | |
| 21 | VMC VULCAN MATLS CO | Basic Materials | 0.0% | $261.3k | 1,002 | – | 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.