Lansdowne Partners (uk) LLP
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed May 20, 2025), Lansdowne Partners (uk) LLP reported 26 stock positions worth $1.3 billion. Its top holding was Taiwan Semiconductor-SP ADR (TSM) at 29.7% of the portfolio, followed by CRH (CRH, 17.7%) and Linde (LIN, 13.7%). Compared with Q1 2024, it opened 1 new position, sold out of 10, added to 9 and reduced 15. The biggest buy was Linde (LIN, shares +6%) and the biggest sale Ryanair Holdings PLC-SP ADR (RYAAY, shares −65%).
- Most Recent 13F
- Q2 2026
- Location
- London, X0
- CIK
- 0001608485
- Portfolio Value
- $1.3B (Q2 2024)
- SEC Filing
- 0000919574-25-003306 ↗ filed May 20, 2025
Holdings Value
Holdings 26 stocks · $1.3B
| TSM Taiwan Semiconductor-SP ADR | 29.70% | 2,182,205 | $379.3M | Reduce -4.3% |
| CRH CRH PLC | 17.67% | 3,007,817 | $225.6M | Reduce -3.5% |
| LIN Linde PLC | 13.71% | 399,096 | $175.1M | Add +6.0% |
| DAL Delta Air Lines Inc. | 10.76% | 2,897,327 | $137.4M | Reduce -3.9% |
| AMZN Amazon.com Inc. | 6.65% | 439,146 | $84.9M | Reduce -30.5% |
| RYAAY Ryanair Holdings PLC-SP ADR | 5.72% | 627,152 | $73.0M | Reduce -64.7% |
| FCX Freeport-McMoran Inc. | 3.35% | 880,158 | $42.8M | Reduce -15.7% |
| GOLF Acushnet Holdings Corp. | 3.27% | 657,464 | $41.8M | Reduce -26.5% |
| ETN Eaton Corp. PLC | 2.21% | 89,866 | $28.2M | Reduce -20.7% |
| ADI Analog Devices Inc. | 1.71% | 95,525 | $21.8M | Reduce -49.7% |
| IEUR iShares Core MSCI Europe ETF | 1.33% | 495,329 | $17.0M | Reduce -20.7% |
| LLY Eli Lilly & Co. | 1.10% | 15,498 | $14.0M | Reduce -48.8% |
| SHCO Soho House & Co. Inc. | 1.09% | 2,619,959 | $13.9M | Add +0.0% |
| IONQ Ionq Inc. | 0.73% | 1,331,054 | $9.4M | Reduce -4.2% |
| MRNA Moderna Inc. | 0.19% | 20,500 | $2.4M | Reduce -43.1% |
| TXN Texas Instruments Inc. | 0.18% | 11,600 | $2.3M | Add +409.0% |
| MSFT Microsoft Corp. | 0.16% | 4,584 | $2.0M | No change |
| MAR Marriott International Class A | 0.12% | 6,343 | $1.5M | Add +20.0% |
| FLUT Flutter Entertainment PLC-Di | 0.08% | 5,380 | $981K | New |
| SPOT Spotify Technology SA | 0.06% | 2,523 | $792K | Reduce -45.5% |
| B Barrick Gold Corp. | 0.05% | 38,536 | $643K | Add +91.3% |
| IQ Iqiyi Inc.-ADR | 0.04% | 153,482 | $563K | Add +10.3% |
| BILI Bilibili Inc.-Sponsored ADR | 0.03% | 28,612 | $442K | Add +24.4% |
| FTV Fortive Corp. | 0.03% | 5,892 | $437K | Add +57.3% |
| ROK Rockwell Automation Inc. | 0.03% | 1,295 | $356K | Add +40.8% |
| VMC Vulcan Materials Co. | 0.02% | 1,154 | $287K | Reduce -0.4% |
Portfolio Sells Q1 2024 → Q2 2024
| RYAAY Ryanair Holdings PLC-SP ADR | Reduce -64.7% | 5.72% | −11.02 |
| AMZN Amazon.com Inc. | Reduce -30.5% | 6.65% | −0.73 |
| ADI Analog Devices Inc. | Reduce -49.7% | 1.71% | −0.72 |
| GOLF Acushnet Holdings Corp. | Reduce -26.5% | 3.27% | −0.55 |
| LLY Eli Lilly & Co. | Reduce -48.8% | 1.10% | −0.43 |
| IONQ Ionq Inc. | Reduce -4.2% | 0.73% | −0.17 |
| EH Ehang Holdings Ltd.-SPS ADR | Sold out | 0.00% | −0.12 |
| ETN Eaton Corp. PLC | Reduce -20.7% | 2.21% | −0.09 |
| DADA Dada Nexus Ltd.-ADR | Sold out | 0.00% | −0.08 |
| MNSO Miniso Group Holding Ltd.-ADR | Sold out | 0.00% | −0.08 |
| IEUR iShares Core MSCI Europe ETF | Reduce -20.7% | 1.33% | −0.06 |
| BIDU Baidu Inc. - Spon ADR | Sold out | 0.00% | −0.06 |
| MRNA Moderna Inc. | Reduce -43.1% | 0.19% | −0.06 |
| LI Li Auto Inc. - ADR | Sold out | 0.00% | −0.06 |
| HSAI Hesai Group | Sold out | 0.00% | −0.05 |
| AEM Agnico Eagle Mines Ltd. | Sold out | 0.00% | −0.05 |
| EPAM Epam Systems Inc. | Sold out | 0.00% | −0.04 |
| SIMO Silicon Motion Technol-ADR | Sold out | 0.00% | −0.02 |
| SPOT Spotify Technology SA | Reduce -45.5% | 0.06% | −0.02 |
| RBLX Roblox Corp. Class A | Sold out | 0.00% | −0.02 |
| VMC Vulcan Materials Co. | Reduce -0.4% | 0.02% | +0.00 |
| FCX Freeport-McMoran Inc. | Reduce -15.7% | 3.35% | +0.17 |
| CRH CRH PLC | Reduce -3.5% | 17.67% | +0.28 |
| DAL Delta Air Lines Inc. | Reduce -3.9% | 10.76% | +1.42 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -4.3% | 29.70% | +9.64 |
Portfolio Buys Q1 2024 → Q2 2024
| LIN Linde PLC | Add +6.0% | 13.71% | +2.40 |
| TXN Texas Instruments Inc. | Add +409.0% | 0.18% | +0.15 |
| SHCO Soho House & Co. Inc. | Add +0.0% | 1.09% | +0.13 |
| FLUT Flutter Entertainment PLC-Di | New | 0.08% | +0.08 |
| MAR Marriott International Class A | Add +20.0% | 0.12% | +0.03 |
| B Barrick Gold Corp. | Add +91.3% | 0.05% | +0.03 |
| BILI Bilibili Inc.-Sponsored ADR | Add +24.4% | 0.03% | +0.02 |
| FTV Fortive Corp. | Add +57.3% | 0.03% | +0.01 |
| ROK Rockwell Automation Inc. | Add +40.8% | 0.03% | +0.01 |
| IQ Iqiyi Inc.-ADR | Add +10.3% | 0.04% | +0.01 |
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 |