13F filer · CIK 1581811 ↗
Egerton Capital
You are looking at Q1 2023. See the latest, Q3 2026 →
Reported value
$9.26B
−20% on the quarter before
Positions
25
6 new · 2 sold out
Top 10
68.5%
of the value
Est. gain
+$431.1M
on stocks held all quarter
Est. return
+5.7%
on those stocks since Q4 2022
Positions as of Mar 31, 2023, 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 Q4 2022. Striped tiles are options.
Largest buys
Since Q4 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.
- Fiserv Inc~$395.5MNew · 0.0% → 4.3%+3,499,199 shares
- Meta~$372.1MNew · 0.0% → 4.0%+1,755,537 shares
- Hdfc Bank Ltd~$156.5MNew · 0.0% → 1.7%+2,347,386 shares
- Renaissancere Hldgs Ltd~$124.8MNew · 0.0% → 1.3%+623,152 shares
- Visa Inc.~$90.5MAdded · 6.8% → 10.2%+401,354 shares
- Thermo Fisher Scientific Inc~$61.5MNew · 0.0% → 0.7%+106,751 shares
- Linde Plc~$42.4MNew · 0.0% → 0.5%+119,255 shares
- Applied Materials~$31.0MAdded · 2.1% → 3.6%+252,285 shares
Largest sells
Since Q4 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.
- Schwab Charles Corp~$790.8MSold out · 6.8% → 0.0%−9,498,276 shares
- Alphabet~$557.5MCut · 6.3% → 3.2%−5,360,863 shares
- Unitedhealth Group Inc~$460.6MCut · 4.9% → 0.5%−974,662 shares
- Booking Holdings Inc~$382.7MCut · 3.8% → 2.1%−144,275 shares
- Mastercard~$364.1MCut · 6.0% → 3.9%−1,002,025 shares
- Microsoft~$317.0MCut · 5.0% → 4.1%−1,099,578 shares
- Canadian Natl Ry Co~$268.0MCut · 11.2% → 11.1%−2,271,953 shares
- Csx Corp~$234.7MSold out · 2.0% → 0.0%−7,574,429 shares
- Lowes Cos Inc~$231.8MCut · 3.9% → 2.4%−1,159,249 shares
- Canadian Pac Ry Ltd~$211.3MCut · 13.1% → 14.6%−2,746,040 shares
Holdings
As of Mar 31, 2023. Changes are in shares against Dec 31, 2022, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Canadian Pac Ry LtdCOM · shares −14% · price +3.2% | 14.6% | $1.35B | +$41.3M | ||||||||
| Canadian Natl Ry CoCOM · shares −21% · price −0.8% | 11.1% | $1.03B | −$7.9M | ||||||||
| Visa Inc.COM CL A · shares +11% · price +8.5% | 10.2% | $943.5M | +$67.0M | ||||||||
| First Ctzns Bancshares Inc NCL A · shares −15% · price +28.3% | 6.3% | $586.8M | +$129.5M | ||||||||
| Schlumberger LtdCOM STK · shares −10% · price −8.2% | 5.2% | $486.4M | −$43.2M | ||||||||
| Cenovus Energy IncCOM · shares −13% · price −10.0% | 4.7% | $438.8M | −$49.0M | ||||||||
| Fiserv IncCOM · shares New | 4.3% | $395.5M | — | ||||||||
| MicrosoftCOM · shares −45% · price +20.2% | 4.1% | $382.7M | +$64.4M | ||||||||
| MetaCL A · shares New | 4.0% | $372.1M | — | ||||||||
| MastercardCL A · shares −50% · price +4.5% | 3.9% | $363.1M | +$15.7M | ||||||||
| Teck Resources LtdCL B · shares −13% · price −3.5% | 3.9% | $362.7M | −$13.1M | ||||||||
| Analog DevicesCOM · shares −8.7% · price +20.2% | 3.8% | $354.3M | +$59.6M | ||||||||
| Applied MaterialsCOM · shares +10% · price +26.1% | 3.6% | $334.4M | +$62.9M | ||||||||
| AlphabetCAP STK CL C · shares −65% · price +17.2% | 3.2% | $300.8M | +$44.2M | ||||||||
| Lowes Cos IncCOM · shares −51% · price +0.4% | 2.4% | $223.9M | +$817,291 | ||||||||
| Lpl Finl Hldgs IncCOM · shares −17% · price −6.4% | 2.2% | $206.4M | −$14.0M | ||||||||
| Kkr & Co IncCOM · shares −13% · price +13.1% | 2.2% | $202.3M | +$23.5M | ||||||||
| Booking Holdings IncCOM · shares −67% · price +31.6% | 2.1% | $192.4M | +$46.2M | ||||||||
| Icici Bank LimitedADR · shares −25% · price −1.4% | 1.8% | $165.0M | −$2.4M | ||||||||
| Hdfc Bank LtdSPONSORED ADS · shares New | 1.7% | $156.5M | — | ||||||||
| Everest Re Group LtdCOM · shares −9.5% · price +8.1% | 1.6% | $145.6M | +$10.9M | ||||||||
| Renaissancere Hldgs LtdCOM · shares New | 1.3% | $124.8M | — | ||||||||
| Thermo Fisher Scientific IncCOM · shares New | 0.66% | $61.5M | — | ||||||||
| Linde PlcSHS · shares New | 0.46% | $42.4M | — | ||||||||
| Unitedhealth Group IncCOM · shares −92% · price −10.9% | 0.46% | $42.2M | −$5.1M | ||||||||
| Total · 25 positions | 100% | $9.26B | +$431.1M |
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 Q4 2022 to Q1 2023: 19 stocks held throughout, up $431.1M (+5.7%).
- First Ctzns Bancshares Inc N+$129.5M+28%
- Visa Inc.+$67.0M+9%
- Microsoft+$64.4M+20%
- Applied Materials+$62.9M+26%
- Analog Devices+$59.6M+20%
- Canadian Natl Ry Co−$7.9M−1%
- Teck Resources Ltd−$13.1M−3%
- Lpl Finl Hldgs Inc−$14.0M−6%
- Schlumberger Ltd−$43.2M−8%
- Cenovus Energy Inc−$49.0M−10%
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 ↗ |