John Armitage - Egerton Capital UK 13F Activity & Position Changes (Q1 2014)

As of Mar 31, 2014, the Egerton Capital UK portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on May 13, 2026. The activity included new positions, additions to existing holdings, reductions, and complete exits, providing a clear view of how the portfolio evolved during the quarter.

During Q1 2014, the filing reported:

New Buys - American Airlines Group, Inc., Foot Locker, Inc., Intercontinental Exchange Inc., Norwegian Cruise Line, Omnicom Group Inc.

Increases - American International Group, I, Blackstone Mortgage Trust, Inc., CF Industries Holdings, Inc., Comcast Corporation, Cognizant Technology Solutions , and 6 more

Reductions - American Express Company, Bank of America Corporation, Delta Air Lines, Inc., Walt Disney Company (The), Fiserv, Inc., and 2 more

Complete Exits - Apple Inc., AutoNation, Inc., Mastercard Incorporated, United Rentals, Inc.

These updates highlight how the portfolio adjusted across different sectors and market conditions, offering insights into allocation shifts and investment trends.

Date	Symbol	Name	Type	Change Qty	% Change	Value	Remaining
Q1 2014	AAL American Airlines Group, Inc.	American Airlines Group, Inc.	Buy - Position Entry	+4,668,955	-	$170.88K	4,668,955
Q1 2014	AAPL Apple Inc.	Apple Inc.	Sell - Position Exit	-160,666	-100.0%	$0.00	-
Q1 2014	AIG American International Group, I	American International Group, I	Buy	+1,484,917	+28.9%	$330.99K	6,618,384
Q1 2014	AN AutoNation, Inc.	AutoNation, Inc.	Sell - Position Exit	-1,848,967	-100.0%	$0.00	-
Q1 2014	AXP American Express Company	American Express Company	Sell	-1,083,772	-16.4%	$496.55K	5,515,424
Q1 2014	BAC Bank of America Corporation	Bank of America Corporation	Sell	-454,969	-5.2%	$142.54K	8,287,491
Q1 2014	BXMT Blackstone Mortgage Trust, Inc.	Blackstone Mortgage Trust, Inc.	Buy	+435,248	+39.3%	$44.38K	1,543,824
Q1 2014	CF CF Industries Holdings, Inc.	CF Industries Holdings, Inc.	Buy	+702,312	+367.1%	$232.91K	893,612
Q1 2014	CMCSA Comcast Corporation	Comcast Corporation	Buy	+45,114	+0.6%	$391.87K	7,831,191
Q1 2014	CTSH Cognizant Technology Solutions	Cognizant Technology Solutions	Buy	+2,018,870	+117.9%	$188.80K	3,731,298
Q1 2014	DAL Delta Air Lines, Inc.	Delta Air Lines, Inc.	Sell	-415,800	-7.2%	$185.02K	5,339,709
Q1 2014	DIS Walt Disney Company (The)	Walt Disney Company (The)	Sell	-364,947	-4.9%	$565.07K	7,057,139
Q1 2014	DVA DaVita Inc.	DaVita Inc.	Buy	+2,820,646	+389.5%	$244.06K	3,544,846
Q1 2014	FI Fiserv, Inc.	Fiserv, Inc.	Sell	-522,914	-13.8%	$185.64K	3,274,584
Q1 2014	FL Foot Locker, Inc.	Foot Locker, Inc.	Buy - Position Entry	+840,272	-	$39.48K	840,272
Q1 2014	GRMN Garmin	Garmin	Buy	+457,401	+11.6%	$243.55K	4,407,358
Q1 2014	HOUS Anywhere Real Estate Inc.	Anywhere Real Estate Inc.	Buy	+1,470,966	+54.2%	$181.73K	4,182,504
Q1 2014	ICE Intercontinental Exchange Inc.	Intercontinental Exchange Inc.	Buy - Position Entry	+654,790	-	$129.54K	654,790
Q1 2014	MA Mastercard Incorporated	Mastercard Incorporated	Sell - Position Exit	-192,389	-100.0%	$0.00	-
Q1 2014	MCO Moody's Corporation	Moody's Corporation	Sell	-318,162	-8.3%	$279.46K	3,523,187
Q1 2014	NCLH Norwegian Cruise Line	Norwegian Cruise Line	Buy - Position Entry	+1,176,012	-	$37.95K	1,176,012
Q1 2014	NKE Nike, Inc.	Nike, Inc.	Buy	+275,413	+16.7%	$142.23K	1,925,616
Q1 2014	OMC Omnicom Group Inc.	Omnicom Group Inc.	Buy - Position Entry	+940,782	-	$68.30K	940,782
Q1 2014	QCOM QUALCOMM Incorporated	QUALCOMM Incorporated	Sell	-1,362,222	-28.2%	$273.89K	3,473,163
Q1 2014	URI United Rentals, Inc.	United Rentals, Inc.	Sell - Position Exit	-898,913	-100.0%	$0.00	-
Q1 2014	V Visa Inc.	Visa Inc.	Buy	+589,865	+53.6%	$364.81K	1,690,014
Q1 2014	WFC Wells Fargo & Company	Wells Fargo & Company	Buy	+7,268,972	+166.8%	$578.35K	11,627,465