LANSDOWNE PARTNERS (UK) LLP

CIK 1608485 · View on SEC EDGAR ↗

Portfolio value
$764.9M
#2,917 of 9,443 by 13F value · top 30.9%
Positions
26
As of
June 30, 2026

Portfolio value QoQ: +10.2% 13F does not disclose cash

Top 10 holdings weight
88.57%
Top 25 holdings weight
99.98%
Positions above 1%
15
Effective number of positions
6.6

Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)

Turnover Q2 2026: 28.87% Est. buys $210,551,267 · sells $309,696,030

Median holding: 4.0 quarters Tracked Q4 2024–Q2 2026 · 65.0% still held

New positions
5
Increased
9
Decreased
10
Closed
1
On this page

Performance vs S&P 500

Tracked Q4 2024–Q2 2026
+45.2%
S&P 500 total return (same window)
+28.1%
Excess return
+17.1%

Annualized: +28.3% · S&P 500: +18.0%

Approximates a buy-and-hold portfolio built from quarterly SEC 13F snapshots. Excludes cash, short positions, options/derivatives, and non-13(f) securities — reflects the disclosed long-equity book only, not total fund AUM. SEC filing lag is up to 45 days; this is not a real-time-copyable timing.

Priceable coverage: 99.0% · Options excluded: 0.0%

Sector breakdown

Technology
56.6%
Materials
18.4%
Industrials
11.2%
Energy
4.1%
Retail
4.0%
Healthcare
2.4%
Packaging
2.1%
Consumer Discretionary
1.1%
Real Estate
0.1%

Full portfolio 26 positions

Type Streak 8Q trend
TSM Taiwan Semiconductor Manufacturing Company Ltd. $212,837,667 27.83% 445,668 $75,084,854 Up ×1
ARM Arm Holdings plc - American Depositary Shares $131,195,511 17.15% 370,013 $107,715,191 Up ×3
LIN Linde plc - Ordinary Shares $123,828,944 16.19% 238,619 $-98,869,422 Down ×1
ADI Analog Devices, Inc. - Common Stock $79,071,384 10.34% 199,087 $55,157,436 Up ×2
AMZN Amazon.com, Inc. - Common Stock $30,775,653 4.02% 129,125 $15,360,341 Up ×3
UAL United Airlines Holdings, Inc. - Common Stock $27,188,753 3.55% 199,932 $-12,628,852 Down ×1
DAL Delta Air Lines, Inc. Common Stock $22,015,626 2.88% 235,059 $3,108,714 Down ×2
SLB SLB Limited Common Shares $19,341,328 2.53% 416,032 $3,582,893 Up ×1
SW Smurfit WestRock plc Ordinary Shares $16,088,997 2.10% 347,795 $-58,439,230 Down ×1
B Barrick Mining Corporation Common Shares $15,108,335 1.98% 411,335 $1,100,967 Up ×2
ETN Eaton Corporation, PLC Ordinary Shares $13,857,849 1.81% 32,521 $-8,211,821 Down ×1
BKR Baker Hughes Company - Common Stock $12,362,514 1.62% 222,748 $9,901,650 Up ×1
NVT nVent Electric plc Ordinary Shares $12,063,002 1.58% 71,122 Up ×1
A Agilent Technologies, Inc. Common Stock $11,764,620 1.54% 88,569 Up ×1
IONQ IonQ, Inc. Common Stock $7,822,935 1.02% 146,882 $4,651,952 Up ×2
GOLF Acushnet Holdings Corp. Common Stock $7,599,077 0.99% 64,111 $1,066,508 Down ×1
MDT Medtronic plc. Ordinary Shares $6,949,875 0.91% 88,839 $-748,024
ST Sensata Technologies Holding plc Ordinary Shares $6,697,445 0.88% 140,290 Up ×1
ROK Rockwell Automation, Inc. Common Stock $3,839,345 0.50% 7,755 $3,304,255 Up ×1
TXN Texas Instruments Incorporated - Common Stock $1,689,759 0.22% 5,669 $-15,192,850 Down ×1
TECK Teck Resources Ltd Ordinary Shares $905,933 0.12% 15,236 $-27,846,523 Down ×1
AEM Agnico Eagle Mines Limited Common Stock $720,889 0.09% 4,647 $-222,359
MAR Marriott International - Class A Common Stock $469,908 0.06% 1,268 $7,104 Down ×1
LAMR Lamar Advertising Company - Class A Common Stock $285,131 0.04% 1,828 Up ×1
OUT OUTFRONT Media Inc. Common Stock $281,114 0.04% 8,581 Up ×1
RAL Ralliant Corporation Common Stock $137,541 0.02% 1,868 $-7,897,855 Down ×1

Conviction holdings

Positions increased for 3+ consecutive quarters.

Share counts are as reported in 13F filings (not split-adjusted)

Security Value % of portfolio Streak
ARM $131,195,511 17.15% up ×3
AMZN $30,775,653 4.02% up ×3

Biggest new bets

New positions opened this quarter, largest first.

Security Value Shares % of portfolio
NVT $12,063,002 71,122 1.58%
A $11,764,620 88,569 1.54%
ST $6,697,445 140,290 0.88%
LAMR $285,131 1,828 0.04%
OUT $281,114 8,581 0.04%

Top movers (QoQ)

Security Action Shares Δ Value Δ
LIN Trimmed -211K -$98.9M
TSM Bought more +38K +$75.1M
SW Trimmed -1.5M -$58.4M
ADI Bought more +124K +$55.2M
AMZN Bought more +55K +$15.4M
UAL Trimmed -233K -$12.6M
ETN Trimmed -29K -$8.2M
IONQ Bought more +37K +$4.7M
SLB Bought more +109K +$3.6M
DAL Trimmed -49K +$3.1M

6 positions hidden (data completeness check)

Exited positions

Includes corporate events (mergers, delistings) — not all exits are sells

Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.

SecurityQuarter Shares before Value before Price since exit
FCX Sept. 30, 2025 482,278 $20,906,751 96.6%
RYAAY March 31, 2025 291,053 $12,687,001 30.8%
ALC June 30, 2026 136,524 $10,119,340 8.4%
ETN March 31, 2025 28,324 $9,399,886 54.8%
CRH March 31, 2026 36,751 $4,586,525 -10.0%
SHCO March 31, 2026 348,465 $3,122,246 No longer tracked
FTV March 31, 2026 46,354 $2,559,204 8.4%
GOLD June 30, 2025 100,790 $1,959,358 110.5%
MRNA March 31, 2025 35,000 $1,455,300 404.8%
BILI March 31, 2025 33,645 $609,311 -11.3%
BABA June 30, 2025 2,955 $390,740 7.7%
FLUT March 31, 2026 1,645 $353,741 -2.1%
VMC March 31, 2025 1,155 $297,101 17.1%
VMC Sept. 30, 2025 1,002 $261,342 -11.2%
SPOT March 31, 2025 527 $235,769 -4.1%