John Armitage - Egerton Capital UK 13F Activity & Position Changes (Q1 2016)

As of Mar 31, 2016, 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 2016, the filing reported:

New Buys - Alphabet Inc., Liberty Broadband Corporation, Nike, Inc., Northrop Grumman Corporation, NVIDIA Corporation, and 3 more

Increases - DaVita Inc., Equinix, Inc., Gilead Sciences, Inc., Home Depot, Inc. (The), HDFC Bank Limited, and 7 more

Reductions - Blackstone Mortgage Trust, Inc., Comcast Corporation, JP Morgan Chase & Co., Mastercard Incorporated, Martin Marietta Materials, Inc., and 1 more

Complete Exits - American International Group, I, Norwegian Cruise Line, Schlumberger N.V.

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 2016	AIG American International Group, I	American International Group, I	Sell - Position Exit	-2,650,717	-100.0%	$0.00	-
Q1 2016	BXMT Blackstone Mortgage Trust, Inc.	Blackstone Mortgage Trust, Inc.	Sell	-106,524	-5.8%	$46.05K	1,714,627
Q1 2016	CMCSA Comcast Corporation	Comcast Corporation	Sell	-101,486	-1.0%	$644.61K	10,553,535
Q1 2016	DVA DaVita Inc.	DaVita Inc.	Buy	+933	+0.0%	$334.43K	4,557,487
Q1 2016	EQIX Equinix, Inc.	Equinix, Inc.	Buy	+89,335	+67.3%	$73.43K	222,027
Q1 2016	GILD Gilead Sciences, Inc.	Gilead Sciences, Inc.	Buy	+230,218	+5.4%	$415.36K	4,521,685
Q1 2016	GOOG Alphabet Inc.	Alphabet Inc.	Buy - Position Entry	+648,239	-	$482.91K	648,239
Q1 2016	HD Home Depot, Inc. (The)	Home Depot, Inc. (The)	Buy	+88,337	+4.8%	$254.94K	1,910,702
Q1 2016	HDB HDFC Bank Limited	HDFC Bank Limited	Buy	+1,051,550	+97.1%	$131.54K	2,134,278
Q1 2016	JD JD.com, Inc.	JD.com, Inc.	Buy	+2,909,301	+29.0%	$342.60K	12,928,431
Q1 2016	JPM JP Morgan Chase & Co.	JP Morgan Chase & Co.	Sell	-170,834	-4.7%	$205.25K	3,465,899
Q1 2016	LBRDK Liberty Broadband Corporation	Liberty Broadband Corporation	Buy - Position Entry	+1,101,100	-	$63.81K	1,101,100
Q1 2016	LUV Southwest Airlines Company	Southwest Airlines Company	Buy	+830,806	+5.4%	$730.16K	16,298,268
Q1 2016	MA Mastercard Incorporated	Mastercard Incorporated	Sell	-1,066,554	-36.8%	$173.14K	1,832,135
Q1 2016	MCO Moody's Corporation	Moody's Corporation	Buy	+181,009	+7.3%	$257.83K	2,670,123
Q1 2016	META Meta Platforms, Inc.	Meta Platforms, Inc.	Buy	+700,408	+13.5%	$672.39K	5,892,989
Q1 2016	MHK Mohawk Industries, Inc.	Mohawk Industries, Inc.	Buy	+274,088	+24.5%	$265.56K	1,391,117
Q1 2016	MLM Martin Marietta Materials, Inc.	Martin Marietta Materials, Inc.	Sell	-440,587	-31.4%	$153.19K	960,378
Q1 2016	MSFT Microsoft Corporation	Microsoft Corporation	Buy	+1,108,371	+9.5%	$707.74K	12,814,461
Q1 2016	NCLH Norwegian Cruise Line	Norwegian Cruise Line	Sell - Position Exit	-1,038,568	-100.0%	$0.00	-
Q1 2016	NKE Nike, Inc.	Nike, Inc.	Buy - Position Entry	+2,244,693	-	$137.98K	2,244,693
Q1 2016	NOC Northrop Grumman Corporation	Northrop Grumman Corporation	Buy - Position Entry	+612,702	-	$121.25K	612,702
Q1 2016	NVDA NVIDIA Corporation	NVIDIA Corporation	Buy - Position Entry	+3,134,300	-	$111.67K	3,134,300
Q1 2016	SCHW Charles Schwab Corporation (The	Charles Schwab Corporation (The	Sell	-495,357	-5.2%	$252.30K	9,004,230
Q1 2016	SLB Schlumberger N.V.	Schlumberger N.V.	Sell - Position Exit	-431,129	-100.0%	$0.00	-
Q1 2016	SYK Stryker Corporation	Stryker Corporation	Buy - Position Entry	+851,303	-	$91.34K	851,303
Q1 2016	V Visa Inc.	Visa Inc.	Buy	+2,803,917	+39.3%	$759.61K	9,932,110
Q1 2016	WBA Walgreens Boots Alliance, Inc.	Walgreens Boots Alliance, Inc.	Buy - Position Entry	+1,118,101	-	$94.19K	1,118,101
Q1 2016	WTW Willis Towers Watson	Willis Towers Watson	Buy - Position Entry	+2,126,633	-	$252.35K	2,126,633