Waverton Investment Management Ltd

CIK

1344114

Location

London, X0

Portfolio Value

Mid $7,741,992,694

Diversification

Diversified

Filing Date

Global Rank

#497 / 7,976 ▲ 4

Top Industry

Software - Infrastructure 10.9%

3Y Alpha vs SPY

+0.3%

Period ended 9 months ago

Filed Nov 12, 2025 · 7mo

23 quarters · since Mar 2020

Clone Performance

Jun 2023–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+77.7%

SPY

+76.3%

Annualised alpha

+0.3%

Max drawdown

−17.4%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

90 positions · as of Sep 30, 2025 · Δ vs Jun 30, 2025

Top Position

7.3%

−0.4 pts

Top 5

28.3%

+0.9 pts

Top 10

49.3%

+2.6 pts

HHI

383

Diversified+25

Portfolio Trend

23 quarters · across all stocks

Sector Breakdown

As of Sep 30, 2025

Sector	% Portfolio	Value	Positions
Technology	26.2%	$2,029,742,150	14
Financial Services	26.0%	$2,013,935,538	16
Industrials	15.6%	$1,211,111,824	16
Consumer Cyclical	10.4%	$807,762,232	12
Healthcare	10.0%	$777,058,774	8
Communication Services	6.2%	$477,836,118	4
Energy	2.4%	$184,090,815	7
Basic Materials	1.9%	$146,557,118	5
Unclassified	0.7%	$50,894,641	3
Consumer Defensive	0.6%	$43,003,484	5

Last Quarter's Activity

Export CSV

Sep 30, 2025 vs Jun 30, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
ICE	Intercontinental Exchange, Inc.	+1,521,467	1,526,734	$257,224,144
COF	Capital One Financial Corp	+1,102,563	1,181,834	$251,234,271
YUMC	Yum China Holdings, Inc.	+539,531	4,851,909	$208,243,934
IBKR	Interactive Brokers Group, Inc.	+481,693	4,922,936	$338,747,226
FERG	Ferguson Enterprises Inc. /DE/	+345,165	1,465,335	$329,084,934
EL	Estee Lauder Companies Inc	+279,663	431,238	$38,000,692
MRSH	Marsh & Mclennan Companies, Inc.	+268,488	1,560,628	$314,513,360
V	Visa Inc.	+196,342	1,121,755	$382,944,721
UNH	Unitedhealth Group Inc	+147,225	723,673	$249,884,286
CME	Cme Group Inc.	+95,587	1,155,894	$312,310,999
GE	General Electric Co	+85,748	1,137,708	$342,245,320
LNG	Cheniere Energy, Inc.	+51,326	196,819	$46,248,528
INTU	Intuit Inc.	+34,880	330,193	$225,492,101
IBM	International Business Machines Corp	+32,072	993,743	$280,394,524
HCA	HCA Healthcare, Inc.	+30,341	143,647	$61,222,351
GEHC	GE HealthCare Technologies Inc.	+29,897	1,086,668	$81,608,766
HDB	Hdfc Bank Ltd	+26,900	52,100	$1,779,736
TMO	Thermo Fisher Scientific Inc.	+26,342	691,342	$335,314,696
AMZN	Amazon Com Inc	+24,223	1,945,143	$427,095,048
NEM	NEWMONT Corp /DE/	+23,139	704,331	$59,382,146
VMC	Vulcan Materials CO	+22,500	242,653	$74,644,915
AL	SUMISHO AIR LEASE CORP	+21,000	426,769	$27,163,846
SGOL	abrdn Gold ETF Trust	+20,670	645,630	$23,765,640
HTHT	H World Group Ltd	+17,099	233,227	$9,121,507
ORLY	O Reilly Automotive Inc	+5,595	483,515	$52,127,752
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
TEL	TE Connectivity plc	−1,051,314	51,347	$11,272,206
AXP	American Express Co	−714,302	58,465	$19,419,734
AAPL	Apple Inc.	−389,288	55,227	$14,062,451
AIG	American International Group, Inc.	−337,562	239,110	$18,779,699
GOOGL	Alphabet Inc.	−236,655	1,945,771	$473,016,930
JPM	Jpmorgan Chase & Co	−227,971	255,476	$80,584,794
PEP	Pepsico Inc	−212,121	2,659	$373,429
TSM	Taiwan Semiconductor Manufacturing Co Ltd	−184,567	959,934	$268,099,966
TMUS	T-Mobile US, Inc.	−163,087	16,295	$3,900,697
QCOM	Qualcomm Inc/De	−159,504	635,109	$105,656,733
AMD	Advanced Micro Devices Inc	−75,289	1,736,942	$281,019,846
GEV	GE Vernova Inc.	−58,015	420,437	$258,526,711
LIN	Linde PLC	−28,447	23,680	$11,248,000
MSFT	Microsoft Corp	−23,359	1,088,503	$563,790,128
SNPS	Synopsys Inc	−20,600	557,699	$275,163,109
KO	Coca Cola Co	−15,689	51,084	$3,387,890
ZTS	Zoetis Inc.	−15,037	324,909	$47,540,684
DAL	Delta Air Lines, Inc.	−8,200	14,300	$811,525
PWR	Quanta Services, Inc.	−7,474	53,200	$22,047,144
NVDA	Nvidia Corp	−3,900	15,315	$2,857,472
FNV	FRANCO NEVADA Corp	−3,510	1,798	$400,792
BRK-B	Berkshire Hathaway Inc	−2,685	63,013	$31,679,155
BAC	Bank Of America Corp /De/	−2,200	4,332	$223,487
BA	Boeing Co	−2,150	1,900	$410,077
DOV	DOVER Corp	−1,000	1,450	$241,903
No positions match the current search.

New Positions

Positions the filer opened this quarter

1 positions

Ticker	Company	Shares	Value	Open
AMAT	Applied Materials Inc /De	1,000	$204,740
No positions match the current search.

Sold Out

Positions the filer fully exited

6 positions

Ticker	Company	Shares	Value
PLD	Prologis, Inc.	429,412	$45,139,789
AWK	American Water Works Company, Inc.	279,463	$38,876,097
COST	Costco Wholesale Corp /New	13,658	$13,520,600
RNR	Renaissancere Holdings Ltd	45,287	$11,000,212
INFY	Infosys Ltd	211,473	$3,918,594
DHR	Danaher Corp /De/	2,770	$547,185
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

90 positions · $7,741,992,694 total · as of Sep 30, 2025

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Technology

Showing 1–50 of 90 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
MSFT	Microsoft Corp Technology	Reduced	1,088,503	-23,359	$563,790,128	+1.9%	7.28%
GOOGL	Alphabet Inc. Communication Services	Reduced	1,945,771	-236,655	$473,016,930	+23.0%	6.11%
AMZN	Amazon Com Inc Consumer Cyclical	Added	1,945,143	+24,223	$427,095,048	+1.3%	5.52%
V	Visa Inc. Financial Services	Added	1,121,755	+196,342	$382,944,721	+16.5%	4.95%
GE	General Electric Co Industrials	Added	1,137,708	+85,748	$342,245,320	+26.4%	4.42%
IBKR	Interactive Brokers Group, Inc. Financial Services	Added	4,922,936	+481,693	$338,747,226	+37.7%	4.38%
TMO	Thermo Fisher Scientific Inc. Healthcare	Added	691,342	+26,342	$335,314,696	+24.4%	4.33%
FERG	Ferguson Enterprises Inc. /DE/ Industrials	Added	1,465,335	+345,165	$329,084,934	+34.9%	4.25%
MRSH	Marsh & Mclennan Companies, Inc. Financial Services	Added	1,560,628	+268,488	$314,513,360	+11.3%	4.06%
CME	Cme Group Inc. Financial Services	Added	1,155,894	+95,587	$312,310,999	+6.9%	4.03%
AMD	Advanced Micro Devices Inc Technology	Reduced	1,736,942	-75,289	$281,019,846	+9.3%	3.63%
IBM	International Business Machines Corp Technology	Added	993,743	+32,072	$280,394,524	−1.1%	3.62%
SNPS	Synopsys Inc Technology	Reduced	557,699	-20,600	$275,163,109	−7.2%	3.55%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Reduced	959,934	-184,567	$268,099,966	+3.4%	3.46%
GEV	GE Vernova Inc. Industrials	Reduced	420,437	-58,015	$258,526,711	+2.1%	3.34%
ICE	Intercontinental Exchange, Inc. Financial Services	Added	1,526,734	+1,521,467	$257,224,144	+26518.5%	3.32%
COF	Capital One Financial Corp Financial Services	Added	1,181,834	+1,102,563	$251,234,271	+1389.6%	3.25%
UNH	Unitedhealth Group Inc Healthcare	Added	723,673	+147,225	$249,884,286	+39.0%	3.23%
URI	United Rentals, Inc. Industrials	Added	237,044	+4,575	$226,296,425	+29.2%	2.92%
INTU	Intuit Inc. Technology	Added	330,193	+34,880	$225,492,101	−3.1%	2.91%
YUMC	Yum China Holdings, Inc. Consumer Cyclical	Added	4,851,909	+539,531	$208,243,934	+8.0%	2.69%
QCOM	Qualcomm Inc/De Technology	Reduced	635,109	-159,504	$105,656,733	−16.5%	1.36%
SLB	Slb Limited/Nv Energy	Added	2,466,142	+5,498	$84,761,300	+1.9%	1.09%
GEHC	GE HealthCare Technologies Inc. Healthcare	Added	1,086,668	+29,897	$81,608,766	+4.3%	1.05%
JPM	Jpmorgan Chase & Co Financial Services	Reduced	255,476	-227,971	$80,584,794	−42.5%	1.04%
VMC	Vulcan Materials CO Basic Materials	Added	242,653	+22,500	$74,644,915	+30.0%	0.96%
HCA	HCA Healthcare, Inc. Healthcare	Added	143,647	+30,341	$61,222,351	+41.0%	0.79%
NEM	NEWMONT Corp /DE/ Basic Materials	Added	704,331	+23,139	$59,382,146	+49.6%	0.77%
MELI	Mercadolibre Inc Consumer Cyclical	Added	23,640	+2,291	$55,245,259	−1.0%	0.71%
ORLY	O Reilly Automotive Inc Consumer Cyclical	Added	483,515	+5,595	$52,127,752	+21.0%	0.67%
DHI	Horton D R Inc /De/ Consumer Cyclical	Held	295,309	0	$50,046,016	+31.5%	0.65%
ZTS	Zoetis Inc. Healthcare	Reduced	324,909	-15,037	$47,540,684	−10.3%	0.61%
VAL	Valaris Ltd Energy	Added	963,912	+4,056	$47,009,988	+16.3%	0.61%
LNG	Cheniere Energy, Inc. Energy	Added	196,819	+51,326	$46,248,528	+30.5%	0.60%
EL	Estee Lauder Companies Inc Consumer Defensive	Added	431,238	+279,663	$38,000,692	+210.3%	0.49%
BRK-B	Berkshire Hathaway Inc Financial Services	Reduced	63,013	-2,685	$31,679,155	−0.7%	0.41%
AL	SUMISHO AIR LEASE CORP Industrials	Added	426,769	+21,000	$27,163,846	+14.5%	0.35%
GLD	Spdr Gold Trust	Added	73,917	+1,690	$26,275,275	+19.3%	0.34%
SGOL	abrdn Gold ETF Trust	Added	645,630	+20,670	$23,765,640	+20.6%	0.31%
PWR	Quanta Services, Inc. Industrials	Reduced	53,200	-7,474	$22,047,144	−3.9%	0.28%
AXP	American Express Co Financial Services	Reduced	58,465	-714,302	$19,419,734	−92.1%	0.25%
AIG	American International Group, Inc. Financial Services	Reduced	239,110	-337,562	$18,779,699	−62.0%	0.24%
AAPL	Apple Inc. Technology	Reduced	55,227	-389,288	$14,062,451	−84.6%	0.18%
TEL	TE Connectivity plc Technology	Reduced	51,347	-1,051,314	$11,272,206	−93.9%	0.15%
LIN	Linde PLC Basic Materials	Reduced	23,680	-28,447	$11,248,000	−54.0%	0.15%
HTHT	H World Group Ltd Consumer Cyclical	Added	233,227	+17,099	$9,121,507	+24.4%	0.12%
TMUS	T-Mobile US, Inc. Communication Services	Reduced	16,295	-163,087	$3,900,697	−90.9%	0.05%
KO	Coca Cola Co Consumer Defensive	Reduced	51,084	-15,689	$3,387,890	−28.3%	0.04%
BABA	Alibaba Group Holding Ltd Consumer Cyclical	Held	16,971	0	$3,033,226	+57.6%	0.04%
NVDA	Nvidia Corp Technology	Reduced	15,315	-3,900	$2,857,472	−5.9%	0.04%