Artemis Investment Management LLP
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed April 16, 2024), Artemis Investment Management LLP reported 203 stock positions worth $7.7 billion. Its top holding was Microsoft (MSFT) at 5.3% of the portfolio, followed by Amazon.com (AMZN, 3.9%) and Nvidia (NVDA, 3.8%). Compared with Q4 2023, it opened 37 new positions, sold out of 43, added to 69 and reduced 97. The biggest buy was Core & Main Class A (CNM, shares +148%) and the biggest sale Eagle Materials (EXP, shares −64%).
- Most Recent 13F
- Q2 2026
- Location
- EDINBURGH, X0
- CIK
- 0001535385
- Portfolio Value
- $7.7B (Q1 2024)
- SEC Filing
- 0001535385-24-000002 ↗ filed Apr 16, 2024
Holdings Value
Holdings 203 stocks · $7.7B
| MSFT Microsoft Corp. | 5.31% | 973,426 | $409.4M | Reduce -9.0% |
| AMZN Amazon.com Inc. | 3.94% | 1,686,621 | $304.1M | Reduce -20.7% |
| NVDA Nvidia Corp. | 3.81% | 309,762 | $294.0M | Reduce -6.9% |
| META Meta Platforms Inc. Class A | 3.30% | 524,744 | $254.7M | Reduce -18.1% |
| AVTR Avantor Inc. | 3.02% | 9,120,083 | $233.1M | Add +14.9% |
| WDC Western Digital Corp. | 2.19% | 2,471,433 | $168.6M | Add +23.6% |
| BLDR Builders Firstsource Inc. | 2.08% | 768,421 | $160.2M | Reduce -7.5% |
| CNM Core & Main Inc. Class A | 1.97% | 2,650,209 | $151.7M | Add +148.0% |
| SAIA Saia Inc. | 1.79% | 236,666 | $138.4M | Reduce -25.8% |
| BURL Burlington Stores Inc. | 1.70% | 565,189 | $131.2M | Add +18.0% |
| LW Lamb Weston Holdings Inc. | 1.70% | 1,230,538 | $131.0M | Add +117.2% |
| WFC Wells Fargo & Co. | 1.56% | 2,079,003 | $120.4M | Reduce -37.3% |
| PCG P G & E Corp. | 1.44% | 6,649,459 | $111.4M | Reduce -12.5% |
| MCK McKesson Corp. | 1.37% | 196,444 | $105.4M | Reduce -23.1% |
| COHR Coherent Corp. | 1.26% | 1,608,376 | $97.5M | Add +744.2% |
| LIN Linde PLC | 1.26% | 208,118 | $97.4M | Add +19.6% |
| ALL Allstate Corp. | 1.24% | 553,810 | $95.8M | New |
| PBR Petroleo Brasileiro-Spon ADR | 1.24% | 6,278,919 | $95.5M | Add +27.7% |
| CRH CRH PLC | 1.23% | 1,101,225 | $94.9M | Add +12.4% |
| CPRT Copart Inc. | 1.22% | 1,625,716 | $94.1M | Add +39.3% |
| CLH Clean Harbors Inc. | 1.13% | 431,635 | $86.9M | Reduce -40.9% |
| EXP Eagle Materials Inc. | 1.08% | 306,153 | $83.2M | Reduce -64.5% |
| ABBV Abbvie Inc. | 1.07% | 452,653 | $82.4M | Add +3.4% |
| FISV Fiserv Inc. | 1.07% | 514,696 | $82.2M | Add +215.0% |
| FERG Ferguson Jersey Ltd. | 0.99% | 350,750 | $76.6M | Add +32.5% |
| IT Gartner Inc. | 0.98% | 158,653 | $75.6M | Reduce -4.0% |
| ICE Intercontinental Exchange Inc. | 0.95% | 535,777 | $73.6M | Reduce -11.2% |
| VMC Vulcan Materials Co. | 0.94% | 266,647 | $72.7M | Add +31.7% |
| CEG Constellation Energy | 0.94% | 391,224 | $72.3M | Reduce -57.6% |
| AMD Advanced Micro Devices | 0.93% | 397,164 | $71.4M | Add +2.0% |
| HLT Hilton Worldwide Holdings Inc. | 0.91% | 329,438 | $70.2M | Reduce -6.6% |
| RYAAY Ryanair Holdings PLC-SP ADR | 0.90% | 477,084 | $69.4M | Add +7.3% |
| ICLR Icon PLC | 0.89% | 203,848 | $68.5M | Add +110.0% |
| CTVA Corteva Inc. | 0.82% | 1,097,037 | $63.2M | New |
| AVGO Broadcom Inc. | 0.82% | 47,643 | $63.1M | Reduce -40.3% |
| WMT Walmart Inc. | 0.81% | 1,044,736 | $62.8M | Add +0.3% |
| APG Api Group Corp. | 0.78% | 1,534,047 | $60.2M | New |
| AZEK The Azek Co. Inc. | 0.75% | 1,146,641 | $57.6M | Reduce -13.2% |
| V Visa Inc. Class A | 0.74% | 204,206 | $57.0M | Add +13.1% |
| AON Aon PLC Class A | 0.73% | 168,901 | $56.3M | Add +9.2% |
| NSC Norfolk Southern Corp. | 0.73% | 220,399 | $56.1M | New |
| TFII Tfi International Inc. | 0.72% | 348,041 | $55.5M | Reduce -45.7% |
| VZ Verizon Communications Inc. | 0.69% | 1,264,418 | $53.0M | Add +15.3% |
| ADM Archer-Daniels-Midland Co. | 0.68% | 840,324 | $52.8M | Add +14.6% |
| GS Goldman Sachs Group Inc. | 0.68% | 126,098 | $52.6M | Add +75.7% |
| MCO Moody's Corp. | 0.68% | 133,092 | $52.3M | Reduce -2.8% |
| LLY Eli Lilly & Co. | 0.66% | 65,878 | $51.2M | Reduce -1.1% |
| FIX Comfort Systems USA Inc. | 0.66% | 160,610 | $51.0M | Reduce -7.5% |
| AAPL Apple Inc. | 0.66% | 295,880 | $50.7M | Reduce -29.1% |
| GOOGL Alphabet Inc. Class A | 0.64% | 328,948 | $49.6M | Reduce -11.0% |
| INTU Intuit Inc. | 0.63% | 74,781 | $48.6M | Reduce -4.4% |
| H Hyatt Hotels Corp. Class A | 0.63% | 302,724 | $48.3M | New |
| MU Micron Technology Inc. | 0.60% | 393,826 | $46.4M | Add +452.3% |
| BRBR Bellring Brands Inc. | 0.59% | 774,815 | $45.7M | Add +13.7% |
| WSC Willscot Holdings Corp. | 0.58% | 976,878 | $44.6M | Add +129.1% |
| PNFP Pinnacle Financial Partners | 0.57% | 511,885 | $43.9M | Reduce -0.4% |
| BLD Topbuild Corp. | 0.56% | 98,786 | $43.5M | Reduce -57.0% |
| ELV Elevance Health Inc. | 0.56% | 83,757 | $43.4M | Add +16.1% |
| NVT Nvent Electric PLC | 0.56% | 571,103 | $43.0M | Reduce -26.8% |
| HCP Hashicorp Inc. Class A | 0.54% | 1,555,104 | $41.9M | Add +416.0% |
| TSM Taiwan Semiconductor-SP ADR | 0.53% | 300,449 | $40.9M | Add +284.8% |
| STE Steris PLC | 0.52% | 179,837 | $40.4M | Add +21.0% |
| BX Blackstone Inc. | 0.52% | 307,254 | $40.3M | Reduce -54.6% |
| CRBG Corebridge Financial Inc. | 0.51% | 1,372,819 | $39.4M | Add +61.8% |
| POOL Pool Corp. | 0.50% | 99,015 | $38.3M | Reduce -1.2% |
| CAVA Cava Group Inc. | 0.50% | 545,894 | $38.2M | New |
| BKR Baker Hughes Co. | 0.49% | 1,130,158 | $37.8M | Reduce -63.7% |
| MTH Meritage Homes Corp. | 0.49% | 214,226 | $37.6M | Reduce -8.0% |
| CSGP Costar Group Inc. | 0.48% | 385,742 | $37.2M | New |
| ENOV Enovis Corp. | 0.48% | 588,491 | $36.7M | Add +17.6% |
| GOOG Alphabet Inc. Class C | 0.47% | 240,332 | $36.6M | Reduce -61.1% |
| AXP American Express Co. | 0.45% | 152,025 | $34.6M | New |
| RL Ralph Lauren Corp. | 0.43% | 177,548 | $33.3M | Add +11052.5% |
| JLL Jones Lang Lasalle Inc. | 0.42% | 167,369 | $32.6M | New |
| ISRG Intuitive Surgical Inc. | 0.41% | 80,190 | $32.0M | New |
| PGR Progressive Corp. | 0.41% | 154,176 | $31.9M | Add +0.3% |
| FLR Fluor Corp. | 0.40% | 737,010 | $31.1M | Reduce -0.1% |
| RGEN Repligen Corp. | 0.40% | 167,813 | $30.9M | Add +33.8% |
| LRCX Lam Research Corp. | 0.40% | 31,671 | $30.8M | Reduce -45.9% |
| AZO AutoZone Inc. | 0.40% | 9,698 | $30.5M | Reduce -0.0% |
| ZTS Zoetis Inc. | 0.39% | 179,713 | $30.4M | Reduce -13.1% |
| FLUT Flutter Entertainment PLC-Di | 0.38% | 148,530 | $29.6M | New |
| LPLA LPL Financial Holdings Inc. | 0.38% | 110,904 | $29.3M | Add +0.3% |
| AXON Axon Enterprise Inc. | 0.38% | 93,414 | $29.2M | Reduce -13.2% |
| COTY Coty Inc. Class A | 0.37% | 2,361,031 | $28.2M | Reduce -0.8% |
| SWAV Shockwave Medical Inc. | 0.36% | 86,420 | $28.1M | New |
| VST Vistra Corp. | 0.35% | 386,087 | $26.9M | Reduce -41.4% |
| CHDN Churchill Downs Inc. | 0.35% | 216,743 | $26.8M | Reduce -13.3% |
| DT Dynatrace Inc. | 0.34% | 566,655 | $26.3M | Add +0.4% |
| KLIC Kulicke & Soffa Industries | 0.34% | 517,716 | $26.0M | New |
| WFRD Weatherford International PL | 0.33% | 219,936 | $25.4M | Reduce -27.9% |
| STZ Constellation Brands Inc. Class A | 0.32% | 92,261 | $25.1M | New |
| NEM Newmont Corp. | 0.32% | 743,663 | $25.0M | New |
| PFGC Performance Food Group Co. | 0.32% | 332,658 | $24.8M | Reduce -5.9% |
| STLA Stellantis NV | 0.31% | 852,480 | $24.2M | Add +8.9% |
| ELF Elf Beauty Inc. | 0.28% | 110,090 | $21.6M | Reduce -70.9% |
| NTRA Natera Inc. | 0.28% | 234,096 | $21.4M | Reduce -40.1% |
| HESM Hess Midstream LP Class A | 0.27% | 585,961 | $21.2M | Add +220.1% |
| INDV Indivior Ltd. | 0.27% | 984,681 | $21.1M | Reduce -63.2% |
| USFD US Foods Holding Corp. | 0.27% | 389,123 | $21.0M | New |
Options reported separately and not counted above: ABT puts ($56.0M), CSCO calls ($45.5M), AEM calls ($29.4M), OXY calls ($22.4M), PEG calls ($16.3M), FNV calls ($14.9M), NEM calls ($13.6M), AMD calls ($8.4M), MRVL calls ($8.3M), FTNT calls ($6.4M).
Portfolio Sells Q4 2023 → Q1 2024
| EXP Eagle Materials Inc. | Reduce -64.5% | 1.08% | −1.48 |
| INTC Intel Corp. | Sold out | 0.00% | −1.11 |
| BKR Baker Hughes Co. | Reduce -63.7% | 0.49% | −1.07 |
| BLK BlackRock Finance Inc. | Sold out | 0.00% | −0.91 |
| WFC Wells Fargo & Co. | Reduce -37.3% | 1.56% | −0.83 |
| GOOG Alphabet Inc. Class C | Reduce -61.1% | 0.47% | −0.80 |
| AMZN Amazon.com Inc. | Reduce -20.7% | 3.94% | −0.79 |
| BX Blackstone Inc. | Reduce -54.6% | 0.52% | −0.78 |
| CLH Clean Harbors Inc. | Reduce -40.9% | 1.13% | −0.74 |
| BLD Topbuild Corp. | Reduce -57.0% | 0.56% | −0.70 |
| CEG Constellation Energy | Reduce -57.6% | 0.94% | −0.65 |
| QRVO Qorvo Inc. | Sold out | 0.00% | −0.64 |
| MRSH Marsh & McLennan Cos | Sold out | 0.00% | −0.63 |
| MSFT Microsoft Corp. | Reduce -9.0% | 5.31% | −0.59 |
| PCG P G & E Corp. | Reduce -12.5% | 1.44% | −0.56 |
| TFII Tfi International Inc. | Reduce -45.7% | 0.72% | −0.56 |
| GILD Gilead Sciences Inc. | Sold out | 0.00% | −0.54 |
| AAPL Apple Inc. | Reduce -29.1% | 0.66% | −0.52 |
| ELF Elf Beauty Inc. | Reduce -70.9% | 0.28% | −0.52 |
| AVGO Broadcom Inc. | Reduce -40.3% | 0.82% | −0.49 |
| HPQ HP Inc. | Reduce -88.3% | 0.05% | −0.46 |
| MCK McKesson Corp. | Reduce -23.1% | 1.37% | −0.37 |
| NOV Nov Inc. | Sold out | 0.00% | −0.36 |
| TMO Thermo Fisher Scientific Inc. | Reduce -66.4% | 0.17% | −0.36 |
| HUM Humana Inc. | Reduce -68.9% | 0.09% | −0.34 |
| INDV Indivior Ltd. | Reduce -63.2% | 0.27% | −0.32 |
| ORCL Oracle Corp. | Sold out | 0.00% | −0.32 |
| CE Celanese Corp. | Sold out | 0.00% | −0.28 |
| XOM Exxon Mobil Corp. | Reduce -79.7% | 0.07% | −0.28 |
| LRCX Lam Research Corp. | Reduce -45.9% | 0.40% | −0.27 |
| ARES Ares Management Corp. Class A | Sold out | 0.00% | −0.26 |
| SAIA Saia Inc. | Reduce -25.8% | 1.79% | −0.25 |
| WY Weyerhaeuser Co. | Reduce -63.6% | 0.12% | −0.24 |
| XIFR XPLR Infrastructure LP | Sold out | 0.00% | −0.22 |
| ZTS Zoetis Inc. | Reduce -13.1% | 0.39% | −0.20 |
| QLYS Qualys Inc. | Sold out | 0.00% | −0.20 |
| CMA Comerica Inc. | Reduce -31.9% | 0.27% | −0.18 |
| ZION Zions Bancorp NA | Reduce -36.9% | 0.23% | −0.18 |
| ICE Intercontinental Exchange Inc. | Reduce -11.2% | 0.95% | −0.18 |
| MET Metlife Inc. | Sold out | 0.00% | −0.16 |
| BABA Alibaba Group Holding-SP ADR | Sold out | 0.00% | −0.16 |
| CVX Chevron Corp. | Sold out | 0.00% | −0.15 |
| TENB Tenable Holdings Inc. | Sold out | 0.00% | −0.15 |
| CHDN Churchill Downs Inc. | Reduce -13.3% | 0.35% | −0.15 |
| MCD McDonald's Corp. | Sold out | 0.00% | −0.14 |
| NKE Nike Inc. Class B | Reduce -43.2% | 0.11% | −0.14 |
| ROST Ross Stores Inc. | Reduce -42.4% | 0.16% | −0.14 |
| MDLZ Mondelez International Inc. Class A | Sold out | 0.00% | −0.13 |
| HBAN Huntington Bancshares Inc. | Sold out | 0.00% | −0.12 |
| HES Hess Corp. | Reduce -32.5% | 0.21% | −0.12 |
Portfolio Buys Q4 2023 → Q1 2024
| CNM Core & Main Inc. Class A | Add +148.0% | 1.97% | +1.33 |
| ALL Allstate Corp. | New | 1.24% | +1.24 |
| COHR Coherent Corp. | Add +744.2% | 1.26% | +1.14 |
| CTVA Corteva Inc. | New | 0.82% | +0.82 |
| LW Lamb Weston Holdings Inc. | Add +117.2% | 1.70% | +0.80 |
| APG Api Group Corp. | New | 0.78% | +0.78 |
| FISV Fiserv Inc. | Add +215.0% | 1.07% | +0.75 |
| NSC Norfolk Southern Corp. | New | 0.73% | +0.73 |
| WDC Western Digital Corp. | Add +23.6% | 2.19% | +0.71 |
| H Hyatt Hotels Corp. Class A | New | 0.63% | +0.63 |
| MU Micron Technology Inc. | Add +452.3% | 0.60% | +0.51 |
| CAVA Cava Group Inc. | New | 0.50% | +0.50 |
| ICLR Icon PLC | Add +110.0% | 0.89% | +0.48 |
| CSGP Costar Group Inc. | New | 0.48% | +0.48 |
| AXP American Express Co. | New | 0.45% | +0.45 |
| HCP Hashicorp Inc. Class A | Add +416.0% | 0.54% | +0.44 |
| RL Ralph Lauren Corp. | Add +11052.5% | 0.43% | +0.43 |
| JLL Jones Lang Lasalle Inc. | New | 0.42% | +0.42 |
| ISRG Intuitive Surgical Inc. | New | 0.41% | +0.41 |
| TSM Taiwan Semiconductor-SP ADR | Add +284.8% | 0.53% | +0.41 |
| FLUT Flutter Entertainment PLC-Di | New | 0.38% | +0.38 |
| CPRT Copart Inc. | Add +39.3% | 1.22% | +0.38 |
| AVTR Avantor Inc. | Add +14.9% | 3.02% | +0.37 |
| SWAV Shockwave Medical Inc. | New | 0.36% | +0.36 |
| KLIC Kulicke & Soffa Industries | New | 0.34% | +0.34 |
| BURL Burlington Stores Inc. | Add +18.0% | 1.70% | +0.34 |
| STZ Constellation Brands Inc. Class A | New | 0.32% | +0.32 |
| NEM Newmont Corp. | New | 0.32% | +0.32 |
| WSC Willscot Holdings Corp. | Add +129.1% | 0.58% | +0.31 |
| LIN Linde PLC | Add +19.6% | 1.26% | +0.29 |
| GS Goldman Sachs Group Inc. | Add +75.7% | 0.68% | +0.28 |
| USFD US Foods Holding Corp. | New | 0.27% | +0.27 |
| PLMR Palomar Holdings Inc. | New | 0.27% | +0.27 |
| VMC Vulcan Materials Co. | Add +31.7% | 0.94% | +0.27 |
| DDOG Datadog Inc. Class A | New | 0.26% | +0.26 |
| RRX Regal Rexnord Corp. | New | 0.25% | +0.25 |
| FERG Ferguson Jersey Ltd. | Add +32.5% | 0.99% | +0.24 |
| CRBG Corebridge Financial Inc. | Add +61.8% | 0.51% | +0.24 |
| ZBRA Zebra Technologies Corp. Class A | New | 0.24% | +0.24 |
| CRH CRH PLC | Add +12.4% | 1.23% | +0.24 |
| CBZ Cbiz Inc. | New | 0.22% | +0.22 |
| AMD Advanced Micro Devices | Add +2.0% | 0.93% | +0.22 |
| CMG Chipotle Mexican Grill Inc. | New | 0.22% | +0.22 |
| OXY Occidental Petroleum Corp. | New | 0.20% | +0.20 |
| SG Sweetgreen Inc. Class A | New | 0.20% | +0.20 |
| HESM Hess Midstream LP Class A | Add +220.1% | 0.27% | +0.19 |
| FIS Fidelity National Info Serv | Add +310.4% | 0.23% | +0.17 |
| AEO American Eagle Outfitters | New | 0.15% | +0.15 |
| SBLK Star Bulk Carriers Corp. | Add +112.7% | 0.25% | +0.13 |
| KGC Kinross Gold Corp. | New | 0.13% | +0.13 |
Options Activity Q4 2023 → Q1 2024
| DOW Dow Inc. | call | Sold out | 1,010,000 | $56.3Mbefore exit |
| ABT Abbott Laboratories | put | New | 495,000 | $56.0M |
| WDC Western Digital Corp. | call | Sold out | 1,087,000 | $54.8Mbefore exit |
| CSCO Cisco Systems Inc. | call | New | 930,000 | $45.5M |
| AEM Agnico Eagle Mines Ltd. | call | New | 505,000 | $29.4M |
| OXY Occidental Petroleum Corp. | call | New | 390,000 | $22.4M |
| PEG Public Service Enterprise GP | call | New | 254,000 | $16.3M |
| FNV Franco-Nevada Corp. | call | New | 96,000 | $14.9M |
| NEM Newmont Corp. | call | New | 405,000 | $13.6M |
| AMD Advanced Micro Devices | call | New | 47,000 | $8.4M |
| MRVL Marvell Technology Inc. | call | New | 124,500 | $8.3M |
| FTNT Fortinet Inc. | call | New | 96,000 | $6.4M |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 213 | $11.2B | CSCO, LRCX, NVDA, GOOGL, AZN |
| Q1 2026 | 203 | $9.4B | AZN, NVDA, ABBV, CSCO, PFE |
| Q4 2025 | 184 | $8.3B | NVDA, GOOGL, MSFT, AMZN, ABBV |
| Q3 2025 | 183 | $8.0B | NVDA, MSFT, GOOGL, KGC, ABBV |
| Q2 2025 | 191 | $7.8B | NVDA, MSFT, AMZN, META, TXN |
| Q1 2025 | 194 | $6.5B | NVDA, MSFT, AMZN, IP, META |
| Q4 2024 | 201 | $7.0B | NVDA, MSFT, AMZN, FLUT, META |
| Q3 2024 | 195 | $6.5B | MSFT, NVDA, AMZN, META, AAPL |
| Q2 2024 | 200 | $7.4B | MSFT, NVDA, AMZN, AAPL, GOOGL |
| Q1 2024 | 203 | $7.7B | MSFT, AMZN, NVDA, META, AVTR |