LANSDOWNE PARTNERS (UK) LLP

CIK

1608485

Location

London, X0

Portfolio Value

Small $853,092,875

Diversification

Diversified

Filing Date

Global Rank

#1,032 / 8,232 ▲ 340

Top Industry

Semiconductors 44.0%

3Y Alpha vs SPY

+14.4%

Period ended 2 months ago

Filed May 14, 2026 · 31d

25 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

+147.4%

SPY

+76.3%

Annualised alpha

+14.4%

Max drawdown

−29.6%

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

22 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

24.2%

−5.9 pts

Top 5

64.4%

−8.4 pts

Top 10

91.8%

+0.0 pts

HHI

1,180

Diversified−292

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	45.7%	$853,092,875	6
Industrials	19.2%	$357,618,705	4
Basic Materials	18.4%	$343,286,203	4
Energy	8.3%	$154,456,191	2
Consumer Cyclical	7.5%	$140,101,294	4
Healthcare	1.0%	$17,984,982	2

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

18 positions

Ticker	Company	Δ Shares	Shares	Value
SW	Smurfit Westrock plc	+1,612,995	1,870,219	$74,528,227
ARM	Arm Holdings PLC /Uk	+463,427	935,503	$141,522,893
UAL	United Airlines Holdings, Inc.	+300,912	1,530,883	$140,948,395
TECK	Teck Resources Ltd	+235,633	2,041,299	$105,637,222
LIN	Linde PLC	+221,749	449,206	$222,698,366
IONQ	IonQ, Inc.	+152,792	795,585	$22,936,713
RAL	Ralliant Corp	+94,988	195,073	$8,113,085
B	Barrick Mining Corp	+77,578	343,402	$14,007,367
DAL	Delta Air Lines, Inc.	+71,491	2,485,899	$165,262,563
MDT	Medtronic plc	+57,441	88,839	$7,697,899
AMZN	Amazon Com Inc	+30,434	77,905	$16,225,274
ADI	Analog Devices Inc	+29,309	664,063	$211,265,000
ETN	Eaton Corp plc	+19,670	129,625	$46,362,971
TXN	Texas Instruments Inc	+14,001	91,996	$17,860,102
TSM	Taiwan Semiconductor Manufacturing Co Ltd	+10,402	1,335,686	$451,395,082
ALC	Alcon Inc	+2,425	136,524	$10,287,083
MAR	Marriott International Inc /Md/	+117	1,415	$462,804
AEM	Agnico Eagle Mines Ltd	+94	4,647	$943,248
No positions match the current search.

Trimmed

Positions the filer reduced

2 positions

Ticker	Company	Δ Shares	Shares	Value
ROK	Rockwell Automation, Inc	−17,020	14,057	$5,044,776
GOLF	Acushnet Holdings Corp.	−6,772	522,946	$48,884,989
No positions match the current search.

New Positions

Positions the filer opened this quarter

2 positions

Ticker	Company	Shares	Value
SLB	Slb Limited/Nv	2,957,683	$151,995,327
BKR	Baker Hughes Co	40,309	$2,460,864
No positions match the current search.

Sold Out

Positions the filer fully exited

3 positions

Ticker	Company	Shares	Value
CRH	Crh Public Ltd Co	307,987	$38,436,775
FTV	Fortive Corp	48,375	$2,670,783
FLUT	Flutter Entertainment plc	1,645	$353,740
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

6 positions · $853,092,875 total · Technology only · as of Mar 31, 2026

All sectors Basic Materials Consumer Cyclical Energy Healthcare Industrials Technology

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Added	1,335,686	+10,402	$451,395,082	+12.1%	52.91%
ADI	Analog Devices Inc Technology	Added	664,063	+29,309	$211,265,000	+22.7%	24.76%
ARM	Arm Holdings PLC /Uk Technology	Added	935,503	+463,427	$141,522,893	+174.3%	16.59%
IONQ	IonQ, Inc. Technology	Added	795,585	+152,792	$22,936,713	−20.5%	2.69%
TXN	Texas Instruments Inc Technology	Added	91,996	+14,001	$17,860,102	+32.0%	2.09%
RAL	Ralliant Corp Technology	Added	195,073	+94,988	$8,113,085	+59.2%	0.95%