Lansdowne Partners (uk) LLP
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 14, 2026), Lansdowne Partners (uk) LLP reported 26 stock positions worth $2.4 billion. Its top holding was Taiwan Semiconductor-SP ADR (TSM) at 29.0% of the portfolio, followed by Arm Holdings PLC-ADR (ARM, 15.6%) and Delta Air Lines (DAL, 9.5%). Compared with Q1 2026, it opened 5 new positions, sold out of 1, added to 9 and reduced 10. The biggest buy was Arm Holdings PLC-ADR (ARM, shares +15%) and the biggest sale Linde (LIN, shares −47%).
- Most Recent 13F
- Q2 2026
- Location
- London, X0
- CIK
- 0001608485
- Portfolio Value
- $2.4B (Q2 2026)
- SEC Filing
- 0000919574-26-005378 ↗ filed Aug 14, 2026
Holdings Value
Holdings 26 stocks · $2.4B
| TSM Taiwan Semiconductor-SP ADR | 29.00% | 1,475,803 | $704.8M | Add +10.5% |
| ARM Arm Holdings PLC-ADR | 15.64% | 1,072,493 | $380.3M | Add +14.6% |
| DAL Delta Air Lines Inc. | 9.52% | 2,471,261 | $231.5M | Reduce -0.6% |
| ADI Analog Devices Inc. | 9.39% | 574,537 | $228.2M | Reduce -13.5% |
| UAL United Airlines Holdings Inc. | 8.67% | 1,549,179 | $210.7M | Add +1.2% |
| BKR Baker Hughes Co. | 5.69% | 2,494,112 | $138.4M | Add +6087.5% |
| LIN Linde PLC | 5.09% | 238,619 | $123.8M | Reduce -46.9% |
| SLB SLB Ltd. filed as SLB LIMITED | 4.90% | 2,560,073 | $119.0M | Reduce -13.4% |
| GOLF Acushnet Holdings Corp. | 2.50% | 513,572 | $60.9M | Reduce -1.8% |
| IONQ Ionq Inc. | 2.12% | 966,433 | $51.5M | Add +21.5% |
| AMZN Amazon.com Inc. | 1.30% | 132,969 | $31.7M | Add +70.7% |
| TXN Texas Instruments Inc. | 1.14% | 92,578 | $27.6M | Add +0.6% |
| TECK Teck Resources Ltd.-CLS B | 0.76% | 310,564 | $18.5M | Reduce -84.8% |
| SW Smurfit Westrock PLC | 0.66% | 347,795 | $16.1M | Reduce -81.4% |
| B Barrick Mining Corp. | 0.62% | 411,335 | $15.1M | Add +19.8% |
| RAL Ralliant Corp. | 0.60% | 197,849 | $14.6M | Add +1.4% |
| ETN Eaton Corp. PLC | 0.59% | 33,865 | $14.4M | Reduce -73.9% |
| NVT Nvent Electric PLC | 0.50% | 71,122 | $12.1M | New |
| A Agilent Technologies Inc. | 0.48% | 88,569 | $11.8M | New |
| MDT Medtronic PLC | 0.29% | 88,839 | $6.9M | No change |
| ST Sensata Technologies Holdplc | 0.28% | 140,290 | $6.7M | New |
| ROK Rockwell Automation Inc. | 0.19% | 9,146 | $4.5M | Reduce -34.9% |
| AEM Agnico Eagle Mines Ltd. | 0.03% | 4,647 | $721K | No change |
| MAR Marriott International Class A | 0.02% | 1,268 | $470K | Reduce -10.4% |
| LAMR Lamar Advertising Co. Class A | 0.01% | 1,828 | $285K | New |
| OUT Outfront Media Inc. | 0.01% | 8,581 | $281K | New |
Portfolio Sells Q1 2026 → Q2 2026
| LIN Linde PLC | Reduce -46.9% | 5.09% | −6.84 |
| TECK Teck Resources Ltd.-CLS B | Reduce -84.8% | 0.76% | −4.90 |
| SW Smurfit Westrock PLC | Reduce -81.4% | 0.66% | −3.33 |
| SLB SLB Ltd. | Reduce -13.4% | 4.90% | −3.25 |
| ADI Analog Devices Inc. | Reduce -13.5% | 9.39% | −1.93 |
| ETN Eaton Corp. PLC | Reduce -73.9% | 0.59% | −1.89 |
| ALC Alcon Inc. | Sold out | 0.00% | −0.54 |
| GOLF Acushnet Holdings Corp. | Reduce -1.8% | 2.50% | −0.11 |
| ROK Rockwell Automation Inc. | Reduce -34.9% | 0.19% | −0.08 |
| MAR Marriott International Class A | Reduce -10.4% | 0.02% | −0.01 |
| DAL Delta Air Lines Inc. | Reduce -0.6% | 9.52% | +0.67 |
Portfolio Buys Q1 2026 → Q2 2026
| ARM Arm Holdings PLC-ADR | Add +14.6% | 15.64% | +8.06 |
| BKR Baker Hughes Co. | Add +6087.5% | 5.69% | +5.56 |
| TSM Taiwan Semiconductor-SP ADR | Add +10.5% | 29.00% | +4.81 |
| UAL United Airlines Holdings Inc. | Add +1.2% | 8.67% | +1.12 |
| IONQ Ionq Inc. | Add +21.5% | 2.12% | +0.89 |
| NVT Nvent Electric PLC | New | 0.50% | +0.50 |
| A Agilent Technologies Inc. | New | 0.48% | +0.48 |
| AMZN Amazon.com Inc. | Add +70.7% | 1.30% | +0.43 |
| ST Sensata Technologies Holdplc | New | 0.28% | +0.28 |
| TXN Texas Instruments Inc. | Add +0.6% | 1.14% | +0.18 |
| RAL Ralliant Corp. | Add +1.4% | 0.60% | +0.16 |
| LAMR Lamar Advertising Co. Class A | New | 0.01% | +0.01 |
| OUT Outfront Media Inc. | New | 0.01% | +0.01 |
| B Barrick Mining Corp. | Add +19.8% | 0.62% | −0.13 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 26 | $2.4B | TSM, ARM, DAL, ADI, UAL |
| Q1 2026 | 22 | $1.9B | TSM, LIN, ADI, DAL, SLB |
| Q4 2025 | 24 | $1.4B | TSM, ADI, DAL, UAL, LIN |
| Q3 2025Amended | 21 | $1.2B | TSM, LIN, DAL, UAL, CRH |
| Q2 2025 | 21 | $769.9M | TSM, LIN, DAL, UAL, FCX |
| Q1 2025 | 20 | $706.1M | LIN, CRH, DAL, SW, TSM |
| Q4 2024Amended | 24 | $1.4B | TSM, SW, DAL, CRH, LIN |
| Q3 2024Amended | 25 | $1.3B | TSM, SW, CRH, LIN, DAL |
| Q2 2024Amended | 26 | $1.3B | TSM, CRH, LIN, DAL, AMZN |
| Q1 2024Amended | 35 | $1.5B | TSM, CRH, RYAAY, LIN, DAL |