Lansdowne Partners (uk) LLP
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 14, 2026), Lansdowne Partners (uk) LLP reported 22 stock positions worth $1.9 billion. Its top holding was Taiwan Semiconductor-SP ADR (TSM) at 24.2% of the portfolio, followed by Linde (LIN, 11.9%) and Analog Devices (ADI, 11.3%). Compared with Q4 2025, it opened 2 new positions, sold out of 4, added to 18 and reduced 2. The biggest buy was a new position in SLB (SLB) and the biggest sale an exit from CRH (CRH).
- Most Recent 13F
- Q2 2026
- Location
- London, X0
- CIK
- 0001608485
- Portfolio Value
- $1.9B (Q1 2026)
- SEC Filing
- 0000919574-26-003079 ↗ filed May 14, 2026
Holdings Value
Holdings 22 stocks · $1.9B
| TSM Taiwan Semiconductor-SP ADR | 24.19% | 1,335,686 | $451.4M | Add +0.8% |
| LIN Linde PLC | 11.93% | 449,206 | $222.7M | Add +97.5% |
| ADI Analog Devices Inc. | 11.32% | 664,063 | $211.3M | Add +4.6% |
| DAL Delta Air Lines Inc. | 8.85% | 2,485,899 | $165.3M | Add +3.0% |
| SLB SLB Ltd. filed as SLB LIMITED | 8.14% | 2,957,683 | $152.0M | New |
| ARM Arm Holdings PLC-ADR | 7.58% | 935,503 | $141.5M | Add +98.2% |
| UAL United Airlines Holdings Inc. | 7.55% | 1,530,883 | $140.9M | Add +24.5% |
| TECK Teck Resources Ltd.-CLS B | 5.66% | 2,041,299 | $105.6M | Add +13.1% |
| SW Smurfit Westrock PLC | 3.99% | 1,870,219 | $74.5M | Add +627.1% |
| GOLF Acushnet Holdings Corp. | 2.62% | 522,946 | $48.9M | Reduce -1.3% |
| ETN Eaton Corp. PLC | 2.48% | 129,625 | $46.4M | Add +17.9% |
| IONQ Ionq Inc. | 1.23% | 795,585 | $22.9M | Add +23.8% |
| TXN Texas Instruments Inc. | 0.96% | 91,996 | $17.9M | Add +17.9% |
| AMZN Amazon.com Inc. | 0.87% | 77,905 | $16.2M | Add +64.1% |
| B Barrick Mining Corp. | 0.75% | 343,402 | $14.0M | Add +29.2% |
| ALC Alcon Inc. filed as ALCON AG | 0.54% | 136,524 | $10.1M | Add +1.8% |
| RAL Ralliant Corp. | 0.43% | 195,073 | $8.1M | Add +94.9% |
| MDT Medtronic PLC | 0.41% | 88,839 | $7.7M | Add +182.9% |
| ROK Rockwell Automation Inc. | 0.27% | 14,057 | $5.0M | Reduce -54.8% |
| BKR Baker Hughes Co. | 0.13% | 40,309 | $2.5M | New |
| AEM Agnico Eagle Mines Ltd. | 0.05% | 4,647 | $943K | Add +2.1% |
| MAR Marriott International Class A | 0.02% | 1,415 | $463K | Add +9.0% |
Portfolio Sells Q4 2025 → Q1 2026
Portfolio Buys Q4 2025 → Q1 2026
| SLB SLB Ltd. | New | 8.14% | +8.14 |
| LIN Linde PLC | Add +97.5% | 11.93% | +4.82 |
| ARM Arm Holdings PLC-ADR | Add +98.2% | 7.58% | +3.80 |
| SW Smurfit Westrock PLC | Add +627.1% | 3.99% | +3.26 |
| MDT Medtronic PLC | Add +182.9% | 0.41% | +0.19 |
| BKR Baker Hughes Co. | New | 0.13% | +0.13 |
| AMZN Amazon.com Inc. | Add +64.1% | 0.87% | +0.07 |
| RAL Ralliant Corp. | Add +94.9% | 0.43% | +0.06 |
| MAR Marriott International Class A | Add +9.0% | 0.02% | −0.00 |
| AEM Agnico Eagle Mines Ltd. | Add +2.1% | 0.05% | −0.01 |
| TXN Texas Instruments Inc. | Add +17.9% | 0.96% | −0.04 |
| ETN Eaton Corp. PLC | Add +17.9% | 2.48% | −0.08 |
| B Barrick Mining Corp. | Add +29.2% | 0.75% | −0.10 |
| ALC Alcon Inc. | Add +1.8% | 0.54% | −0.24 |
| TECK Teck Resources Ltd.-CLS B | Add +13.1% | 5.66% | −0.68 |
| IONQ Ionq Inc. | Add +23.8% | 1.23% | −0.89 |
| ADI Analog Devices Inc. | Add +4.6% | 11.32% | −1.30 |
| UAL United Airlines Holdings Inc. | Add +24.5% | 7.55% | −2.53 |
| DAL Delta Air Lines Inc. | Add +3.0% | 8.85% | −3.43 |
| TSM Taiwan Semiconductor-SP ADR | Add +0.8% | 24.19% | −5.35 |
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 |