1y return+64.7%S&P 500 +20.9%
3y return+118.3%S&P 500 +68.5%
5y return+116.1%S&P 500 +74.5%
10y return+340.1%S&P 500 +256.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since June 30, 2016: $440 against $357 in the S&P 500.2
Lansdowne Partners (uk) LlpS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| TSMTaiwan Semiconductor Manufac | $704.8M | 29.0% | +10.5% |
| ARMArm Holdings PLC | $380.3M | 15.6% | +14.6% |
| DALDelta Air Lines Inc | $231.5M | 9.5% | |
| ADIAnalog Devices Inc | $228.2M | 9.4% | −13.5% |
| UALUnited Airls Hldgs Inc | $210.7M | 8.7% | +1.2% |
| BKRBaker Hughes Company | $138.4M | 5.7% | +6087.5% |
| Linde PLCCUSIP G54950103 | $123.8M | 5.1% | −46.9% |
| SLBSlb Limited | $119.0M | 4.9% | −13.4% |
| GOLFAcushnet Hldgs Corp | $60.9M | 2.5% | −1.8% |
| IONQIonq Inc | $51.5M | 2.1% | +21.5% |
| AMZNAmazon Com Inc | $31.7M | 1.3% | +70.7% |
| TXNTexas Instrs Inc | $27.6M | 1.1% | |
| TECKTeck Resources Ltd | $18.5M | 0.8% | −84.8% |
| Smurfit Westrock PLCCUSIP G8267P108 | $16.1M | 0.7% | −81.4% |
| BBarrick Mng Corp | $15.1M | 0.6% | +19.8% |
| RALRalliant Corp | $14.6M | 0.6% | +1.4% |
| Eaton Corp PLCCUSIP G29183103 | $14.4M | 0.6% | −73.9% |
| Nvent Elec PLCCUSIP G6700G107 | $12.1M | 0.5% | New |
| AAgilent Technologies Inc | $11.8M | 0.5% | New |
| Medtronic PLCCUSIP G5960L103 | $6.9M | 0.3% | |
| Sensata Technologies Hldg PlCUSIP G8060N102 | $6.7M | 0.3% | New |
| ROKRockwell Automation Inc | $4.5M | 0.2% | −34.9% |
| AEMAgnico Eagle Mines Ltd | $721K | 0.0% | |
| MARMarriott Intl Inc New | $470K | 0.0% | −10.4% |
| LAMRLamar Advertising Co | $285K | 0.0% | New |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| TSMTaiwan Semiconductor Manufac | June 30, 2023 | +373.2% | $704.8M |
| DALDelta Air Lines Inc | June 30, 2020 | +233.9% | $231.5M |
| ADIAnalog Devices Inc | June 30, 2020 | +223.9% | $228.2M |
| GOLFAcushnet Hldgs Corp | December 31, 2022 | +179.2% | $60.9M |
| ARMArm Holdings PLC | September 30, 2025 | +150.6% | $380.3M |
| AEMAgnico Eagle Mines Ltd | September 30, 2024 | +92.6% | $721K |
| AMZNAmazon Com Inc | September 30, 2023 | +87.5% | $31.7M |
| TXNTexas Instrs Inc | March 31, 2024 | +71.1% | $27.6M |
| UALUnited Airls Hldgs Inc | June 30, 2025 | +70.8% | $210.7M |
| ROKRockwell Automation Inc | March 31, 2024 | +69.9% | $4.5M |
Sold off last quarter
- Alcon AgCUSIP H01301128 was $10.1M
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +34.6% | +14.8% |
| March 31, 2026 | +5.9% | −4.6% |
| December 31, 2025 | +3.2% | +2.4% |
| September 30, 2025 | +12.0% | +7.8% |
| June 30, 2025 | +10.1% | +10.5% |
| March 31, 2025 | −12.7% | −4.6% |
| December 31, 2024 | +3.9% | +2.1% |
| September 30, 2024 | +2.8% | +5.4% |
| June 30, 2024 | −0.1% | +4.0% |
| March 31, 2024 | +15.8% | +10.0% |
| December 31, 2023 | +19.2% | +11.2% |
| September 30, 2023 | −6.5% | −3.6% |
| June 30, 2023 | +12.5% | +8.3% |
| March 31, 2023 | +16.9% | +7.0% |
| December 31, 2022 | +18.9% | +7.1% |
| September 30, 2022 | −10.0% | −5.3% |
| June 30, 2022 | −23.8% | −16.5% |
| March 31, 2022 | −7.8% | −4.9% |
| December 31, 2021 | +5.6% | +10.7% |
| September 30, 2021 | −5.1% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Lansdowne Partners (uk) Llp Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1608485&type=13F-HR&dateb=&owner=include&count=40CIK 1608485
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1608485/000091957426005378/Filed August 14, 2026 · accession 0000919574-26-005378