Waverton Investment Management Ltd

CIK

1344114

Location

London, X0

Portfolio Value

Small $146,557,118

Diversification

Diversified

Filing Date

Global Rank

#501 / 7,983 ▲ 2

Top Industry

Software - Infrastructure 10.9%

3Y Alpha vs SPY

+0.2%

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

+79.3%

SPY

+78.1%

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

5 positions · $146,557,118 total · Basic Materials only · as of Sep 30, 2025

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

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
FNV	FRANCO NEVADA Corp Basic Materials	Reduced	1,798	-3,510	$400,792	−53.9%	0.27%
CRH	Crh Public Ltd Co Basic Materials	Reduced	7,350	-365	$881,265	+24.4%	0.60%
LIN	Linde PLC Basic Materials	Reduced	23,680	-28,447	$11,248,000	−54.0%	7.67%
NEM	NEWMONT Corp /DE/ Basic Materials	Added	704,331	+23,139	$59,382,146	+49.6%	40.52%
VMC	Vulcan Materials CO Basic Materials	Added	242,653	+22,500	$74,644,915	+30.0%	50.93%