Egerton Capital 13F, Q1 2025
John Armitage · quarter ending 31 March 2025 · filed 6 May 2025 · SEC CIK 1581811
Common stock only: shares the fund reported owning at the quarter end, valued as filed.
Largest positions, Q1 2025
The 25 largest of 27 positions. Weights are against the whole filed book. Changes are in shares held, against the Q4 2024 filing.
| Company | Ticker | Value | % of book | vs Q4 2024 |
|---|---|---|---|---|
| AMAZON COM INC | AMZN | $803.25M | 9.3% | +75% shares |
| PROGRESSIVE CORP | PGR | $786.44M | 9.1% | unchanged |
| FISERV INC | FISV | $525.91M | 6.1% | +2% shares |
| MICROSOFT CORP | MSFT | $498.72M | 5.8% | -24% shares |
| FLUTTER ENTMT PLC | $486.04M | 5.6% | +17% shares | |
| CME GROUP INC | CME | $459.00M | 5.3% | +79% shares |
| META PLATFORMS INC | META | $427.92M | 4.9% | -7% shares |
| ARCH CAP GROUP LTD | $416.00M | 4.8% | +9% shares | |
| ELI LILLY & CO | LLY | $407.02M | 4.7% | +75% shares |
| CRH PLC | $372.22M | 4.3% | -2% shares | |
| VISA INC | V | $336.09M | 3.9% | +11% shares |
| CARPENTER TECHNOLOGY CORP | CRS | $329.73M | 3.8% | new |
| INTERACTIVE BROKERS GROUP IN | IBKR | $303.69M | 3.5% | unchanged |
| GE AEROSPACE | GE | $299.70M | 3.5% | -38% shares |
| CANADIAN PACIFIC KANSAS CITY | CP | $292.46M | 3.4% | -41% shares |
| LPL FINL HLDGS INC | LPLA | $285.03M | 3.3% | +238% shares |
| ALPHABET INC | GOOG | $260.23M | 3.0% | +13% shares |
| FIRST CTZNS BANCSHARES INC N | FCNCA | $231.34M | 2.7% | +22% shares |
| MASTERCARD INCORPORATED | MA | $208.41M | 2.4% | -2% shares |
| INTERCONTINENTAL EXCHANGE IN | ICE | $189.99M | 2.2% | +50% shares |
| CAPITAL ONE FINL CORP | COF | $159.87M | 1.8% | -43% shares |
| ICICI BANK LIMITED | IBN | $158.59M | 1.8% | -21% shares |
| AMPHENOL CORP NEW | APH | $115.61M | 1.3% | new |
| HOWARD HUGHES HOLDINGS INC | HHH | $88.62M | 1.0% | +170% shares |
| MARTIN MARIETTA MATLS INC | MLM | $79.05M | 0.9% | +101% shares |
What changed since Q4 2024
Against the Q4 2024 filing, Egerton Capital opened 2 new positions, added to 14, trimmed 9, left 2 unchanged and exited 5. Every position is compared, matched on its CUSIP; a change of 2% or less in shares counts as unchanged.
Other quarters
Source: SEC Form 13F-HR, accession 0001581811-25-000005, filed by Egerton Capital (UK) LLP. Values are as filed and cover US-listed positions only; a 13F does not show short positions or holdings outside the US. A 13F may be filed up to 45 days after the quarter ends, so the fund may have traded since. Educational information, not financial advice.