John Armitage - Egerton Capital (UK)
Period:    Q1 2026
Portfolio date:    31 Mar 2026
No. of stocks:    24
Portfolio value:    $9,010,197,462
Holdings Activity Buys Sells    History
History Stock % of
Portfolio
Recent
Activity
Shares Avg. Buy
Price*
Value Current
Price
+/-
Since
Buy
52
Week
Low
52
Week
High
V - Visa Inc. 13.79 Add 25.68% 4,110,970 $312.73 $1,242,499,573 $357.75 14.40% $293.28 $365.02
GOOG - Alphabet Inc. 11.01 Add 220.70% 3,459,649 $295.26 $992,434,912 $350.67 18.77% $180.20 $404.23
MCO - Moody's Corp. 7.48 Add 99.85% 1,545,670 $473.58 $674,298,538 $495.72 4.68% $400.46 $544.40
LIN - Linde plc 5.88 Buy 1,068,371 $495.76 $529,655,607 $524.06 5.71% $385.26 $548.20
CRS - Carpenter Technology Corp. 5.82 Reduce 14.30% 1,330,920 $200.49 $524,582,118 $566.85 182.73% $227.57 $625.99
AMZN - Amazon.com, Inc. 5.46 Reduce 59.89% 2,363,334 $193.93 $492,211,572 $247.31 27.53% $196.00 $278.56
VMC - Vulcan Materials Co. 5.35 Add 84.26% 1,769,216 $279.31 $481,757,517 $292.78 4.82% $251.85 $329.81
NVDA - NVIDIA Corp. 5.18 Buy 2,675,018 $174.40 $466,523,139 $203.53 16.70% $161.80 $236.26
IBKR - Interactive Brokers Group, Inc. 4.67 Reduce 9.57% 6,275,179 $34.36 $420,876,256 $93.56 172.29% $57.91 $97.84
APH - Amphenol Corp. 4.03 Reduce 22.56% 2,871,353 $87.75 $362,795,452 $155.99 77.78% $94.55 $178.52
CME - CME Group Inc. 3.88 Add 0.26% 1,182,907 $246.99 $349,371,582 $245.10 -0.77% $218.31 $319.82
UBER - Uber Technologies, Inc. 3.71 Add 73.52% 4,652,363 $77.57 $334,644,471 $74.26 -4.26% $67.19 $101.99
DVN - Devon Energy Corp. 3.64 Buy 6,525,140 $50.32 $328,345,045 $43.73 -13.10% $30.65 $52.34
CRH - CRH plc 3.22 Add 22.04% 2,759,331 $81.26 $290,060,875 $102.71 26.40% $90.57 $130.61
CNQ - Canadian Natural Resources Ltd. 3.07 Buy 5,690,211 $48.69 $277,056,374 $43.05 -11.58% $28.73 $50.44
MA - Mastercard Inc. 2.55 Add 0.29% 459,652 $425.32 $229,669,718 $537.70 26.42% $463.74 $598.04
MDLN - Medline Inc. 2.16 Buy 4,365,802 $44.50 $194,278,189 $40.58 -8.81% $32.81 $50.88
EMBJ - Embraer S.A. 1.96 Reduce 9.24% 2,975,231 $61.84 $176,550,208 $64.48 4.27% $46.37 $80.46
FERG - Ferguson Enterprises Inc. 1.64 Reduce 37.10% 634,258 $218.71 $147,947,021 $233.19 6.62% $204.50 $269.59
LAMR - Lamar Advertising Co. 1.53 Add 50.78% 1,088,744 $123.85 $137,900,315 $157.23 26.95% $108.21 $162.96
ACGL - Arch Capital Group Ltd. 1.19 Buy 1,116,922 $95.99 $107,213,343 $103.06 7.37% $82.45 $105.09
RNR - RenaissanceRe Holdings Ltd. 1.05 Reduce 35.33% 317,308 $281.16 $94,313,457 $320.66 14.05% $230.39 $329.57
NYT - The New York Times Co. 0.90 Reduce 31.07% 971,884 $69.42 $81,375,847 $75.04 8.10% $50.44 $86.83
AWI - Armstrong World Industries, Inc. 0.82 Buy 448,036 $164.80 $73,836,333 $155.69 -5.53% $150.28 $205.21
* Avg. Buy Price is an estimated cost basis: the share-weighted average of the quarter-end prices reported when this manager first bought or later added to the position (average-cost method, reset after a full exit). 13F filings disclose only quarter-end holdings, not actual trade prices, so this approximates — but does not exactly equal — what was paid.
Sector % analysis
Financial Services 34.61
Basic Materials 14.44
Technology 12.92
Communication Services 11.92
Industrials 10.24
Energy 6.72
Consumer Cyclical 5.46
Healthcare 2.16
Real Estate 1.53