13F filer · CIK 1581811 ↗
Egerton Capital
You are looking at Q4 2022. See the latest, Q3 2026 →
Reported value
$11.62B
−9.8% on the quarter before
Positions
21
3 new · 5 sold out
Top 10
69.9%
of the value
Est. gain
+$1.02B
on stocks held all quarter
Est. return
+10.6%
on those stocks since Q3 2022
Positions as of Dec 31, 2022, from Egerton Capital's 13F filing with the SEC. A 13F lists a manager's US-listed stocks and options at a quarter end and is filed up to 45 days later, so the fund may hold something else today. It leaves out short positions, cash and holdings outside the US.
Portfolio at a glance
- New
- Added
- Cut
- Same
- Options
Each tile is a position, sized by its share, colored by what the fund did with it since Q3 2022. Striped tiles are options.
Largest buys
Since Q3 2022, by estimated size: the change in shares at the quarter-end price, since a 13F gives no trade prices. Percentages are the position's share of the portfolio, before and after.
- Schlumberger Ltd~$588.8MNew · 0.0% → 5.1%+11,013,635 shares
- Icici Bank Limited~$223.6MNew · 0.0% → 1.9%+10,214,980 shares
- Everest Re Group Ltd~$148.8MNew · 0.0% → 1.3%+449,301 shares
- Visa Inc.~$19.9MAdded · 5.1% → 6.8%+95,633 shares
- Booking Holdings Inc~$15.1MAdded · 2.7% → 3.8%+7,507 shares
- Lpl Finl Hldgs Inc~$3.0MAdded · 2.1% → 2.3%+13,720 shares
Largest sells
Since Q3 2022, by estimated size: the change in shares at the quarter-end price, since a 13F gives no trade prices. Percentages are the position's share of the portfolio, before and after.
- Microsoft~$576.5MCut · 8.7% → 5.0%−2,403,815 shares
- Analog Devices~$334.8MCut · 4.3% → 2.8%−2,040,968 shares
- Applied Materials~$330.5MCut · 3.7% → 2.1%−3,393,546 shares
- D R Horton Inc~$317.1MSold out · 2.5% → 0.0%−4,708,096 shares
- Amazon~$315.0MSold out · 2.4% → 0.0%−2,787,947 shares
- Linde Plc~$295.0MSold out · 2.3% → 0.0%−1,094,168 shares
- Csx Corp~$265.3MCut · 3.3% → 2.0%−8,564,109 shares
- TSMC~$237.3MSold out · 1.8% → 0.0%−3,460,517 shares
- Alphabet~$184.4MCut · 7.7% → 6.3%−2,078,548 shares
- Schwab Charles Corp~$179.4MCut · 6.5% → 6.8%−2,154,288 shares
Holdings
As of Dec 31, 2022. Changes are in shares against Sep 30, 2022, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Canadian Pac Ry LtdCOM · shares −9.6% · price +11.8% | 13.1% | $1.52B | +$160.0M | ||||||||
| Canadian Natl Ry CoCOM · shares −1.7% · price +10.1% | 11.2% | $1.31B | +$119.6M | ||||||||
| Schwab Charles CorpCOM · shares −18% · price +15.8% | 6.8% | $790.8M | +$108.2M | ||||||||
| Visa Inc.COM CL A · shares +2.6% · price +16.9% | 6.8% | $786.0M | +$111.0M | ||||||||
| AlphabetCAP STK CL C · shares −20% · price −7.7% | 6.3% | $732.3M | −$61.2M | ||||||||
| MastercardCL A · shares −7.4% · price +22.3% | 6.0% | $695.9M | +$126.9M | ||||||||
| Schlumberger LtdCOM STK · shares New | 5.1% | $588.8M | — | ||||||||
| MicrosoftCOM · shares −50% · price +3.0% | 5.0% | $582.1M | +$16.8M | ||||||||
| Unitedhealth Group IncCOM · shares −7.4% · price +5.0% | 4.9% | $564.1M | +$26.7M | ||||||||
| Cenovus Energy IncCOM · shares −1.7% · price +26.3% | 4.8% | $557.6M | +$116.1M | ||||||||
| First Ctzns Bancshares Inc NCL A · shares −8.2% · price −4.9% | 4.6% | $538.7M | −$27.8M | ||||||||
| Lowes Cos IncCOM · shares −1.1% · price +6.1% | 3.9% | $454.0M | +$26.0M | ||||||||
| Booking Holdings IncCOM · shares +3.6% · price +22.6% | 3.8% | $436.9M | +$77.9M | ||||||||
| Teck Resources LtdCL B · shares −4.9% · price +24.4% | 3.7% | $431.0M | +$84.4M | ||||||||
| Analog DevicesCOM · shares −51% · price +17.7% | 2.8% | $322.9M | +$48.6M | ||||||||
| Lpl Finl Hldgs IncCOM · shares +1.1% · price −1.1% | 2.3% | $265.5M | −$2.8M | ||||||||
| Applied MaterialsCOM · shares −58% · price +18.9% | 2.1% | $240.5M | +$38.2M | ||||||||
| Csx CorpCOM · shares −53% · price +16.3% | 2.0% | $234.7M | +$32.9M | ||||||||
| Icici Bank LimitedADR · shares New | 1.9% | $223.6M | — | ||||||||
| Kkr & Co IncCOM · shares −7.5% · price +8.0% | 1.8% | $204.6M | +$15.1M | ||||||||
| Everest Re Group LtdCOM · shares New | 1.3% | $148.8M | — | ||||||||
| Total · 21 positions | 100% | $11.62B | +$1.02B |
Price is a stock's reported value over its shares at the quarter end. The estimated gain is the shares held at both quarter ends times the change in that price: shares bought or sold during the quarter add nothing, options are left out, and a stock split is read into the earlier share count and price.
What made money
From Q3 2022 to Q4 2022: 18 stocks held throughout, up $1.02B (+10.6%).
- Canadian Pac Ry Ltd+$160.0M+12%
- Mastercard+$126.9M+22%
- Canadian Natl Ry Co+$119.6M+10%
- Cenovus Energy Inc+$116.1M+26%
- Visa Inc.+$111.0M+17%
- Lpl Finl Hldgs Inc−$2.8M−1%
- First Ctzns Bancshares Inc N−$27.8M−5%
- Alphabet−$61.2M−8%
Estimated as in the holdings table: shares held at both quarter ends times the change in price; options left out.
Reported value by quarter
The total value of each quarter's 13F at that quarter end. It moves with prices as well as with buying and selling. Pick a quarter to see what the fund held then.
Every quarter's filing
| Quarter | Reported value | Filing | |
|---|---|---|---|
| Q3 2026 | Oct 20, 2026 | $9.82B−5% | SEC ↗ |
| Q2 2026 | Jul 21, 2026 | $10.35B+15% | SEC ↗ |
| Q1 2026 | May 13, 2026 | $9.01B−2% | SEC ↗ |
| Q4 2025 | Feb 11, 2026 | $9.20B−3% | SEC ↗ |
| Q3 2025 | Nov 12, 2025 | $9.48B−3% | SEC ↗ |
| Q2 2025 | Aug 12, 2025 | $9.75B+12% | SEC ↗ |
| Q1 2025 | May 6, 2025 | $8.67B+0% | SEC ↗ |
| Q4 2024 | Feb 10, 2025 | $8.65B−13% | SEC ↗ |
| Q3 2024 | Nov 5, 2024 | $9.91B+0% | SEC ↗ |
| Q2 2024 | Aug 13, 2024 | $9.90B−4% | SEC ↗ |
| Q1 2024 | May 13, 2024 | $10.35B+12% | SEC ↗ |
| Q4 2023 | Feb 12, 2024 | $9.23B+7% | SEC ↗ |
| Q3 2023 | Nov 13, 2023 | $8.62B−11% | SEC ↗ |
| Q2 2023 | Aug 10, 2023 | $9.70B+5% | SEC ↗ |
| Q1 2023 | May 9, 2023 | $9.26B−20% | SEC ↗ |
| Q4 2022 | Feb 7, 2023 | $11.62B−10% | SEC ↗ |
| Q3 2022 | Nov 10, 2022 | $12.88B−13% | SEC ↗ |
| Q2 2022 | Aug 9, 2022 | $14.81B−22% | SEC ↗ |
| Q1 2022 | Aug 3, 2022 (amended) | $18.98B−12% | SEC ↗ |
| Q4 2021 | Aug 3, 2022 (amended) | $21.45B+2% | SEC ↗ |
| Q3 2021 | Aug 3, 2022 (amended) | $21.04B+5% | SEC ↗ |
| Q2 2021 | Aug 3, 2022 (amended) | $20.12B+6% | SEC ↗ |
| Q1 2021 | Aug 3, 2022 (amended) | $18.98B+7% | SEC ↗ |
| Q4 2020 | Aug 3, 2022 (amended) | $17.66B+9% | SEC ↗ |
| Q3 2020 | Aug 3, 2022 (amended) | $16.19B+20% | SEC ↗ |
| Q2 2020 | Aug 3, 2022 (amended) | $13.46B+39% | SEC ↗ |
| Q1 2020 | Aug 3, 2022 (amended) | $9.67B−31% | SEC ↗ |
| Q4 2019 | Aug 3, 2022 (amended) | $13.97B+0% | SEC ↗ |
| Q3 2019 | Aug 3, 2022 (amended) | $13.96B+2% | SEC ↗ |
| Q2 2019 | Aug 3, 2022 (amended) | $13.66B−3% | SEC ↗ |
| Q1 2019 | Aug 3, 2022 (amended) | $14.16B+18% | SEC ↗ |
| Q4 2018 | Aug 3, 2022 (amended) | $12.02B−11% | SEC ↗ |
| Q3 2018 | Nov 13, 2018 | $13.48B+3% | SEC ↗ |
| Q2 2018 | Aug 7, 2018 | $13.08B+6% | SEC ↗ |
| Q1 2018 | May 11, 2018 | $12.29B+8% | SEC ↗ |
| Q4 2017 | Feb 8, 2018 | $11.42B+2% | SEC ↗ |
| Q3 2017 | Nov 3, 2017 | $11.18B+12% | SEC ↗ |
| Q2 2017 | Jul 28, 2017 | $9.97B+8% | SEC ↗ |
| Q1 2017 | May 9, 2017 | $9.25B+12% | SEC ↗ |
| Q4 2016 | Feb 14, 2017 | $8.22B−7% | SEC ↗ |
| Q3 2016 | Nov 3, 2016 | $8.82B−1% | SEC ↗ |
| Q2 2016 | Aug 8, 2016 | $8.91B−15% | SEC ↗ |
| Q1 2016 | May 11, 2016 | $10.50B | SEC ↗ |