John Armitage - Egerton Capital UK 13F Activity & Position Changes (Q1 2026)

As of Mar 31, 2026, 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 2026, the filing reported:

New Buys - Armstrong World Industries Inc, Canadian Natural Resources Limi, Devon Energy Corporation, Arch Capital, Linde, and 1 more

Increases - CME Group Inc., CRH, Alphabet Inc., Lamar Advertising Company, Mastercard Incorporated, and 4 more

Reductions - Amazon.com, Inc., Amphenol Corporation, Carpenter Technology Corporatio, Embraer S.A., Ferguson Enterprises Inc., and 2 more

Complete Exits - Boston Scientific Corporation, Capital One Financial Corporati, LPL Financial Holdings Inc., Microsoft Corporation, Seagate Technology, and 1 more

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 2026	AMZN Amazon.com, Inc.	Amazon.com, Inc.	Sell	-3,529,162	-59.9%	$492.21M	2,363,334
Q1 2026	APH Amphenol Corporation	Amphenol Corporation	Sell	-836,558	-22.6%	$362.80M	2,871,353
Q1 2026	AWI Armstrong World Industries Inc	Armstrong World Industries Inc	Buy - Position Entry	+448,036	-	$73.84M	448,036
Q1 2026	BSX Boston Scientific Corporation	Boston Scientific Corporation	Sell - Position Exit	-5,385,084	-100.0%	$0.00	-
Q1 2026	CME CME Group Inc.	CME Group Inc.	Buy	+3,115	+0.3%	$349.37M	1,182,907
Q1 2026	CNQ Canadian Natural Resources Limi	Canadian Natural Resources Limi	Buy - Position Entry	+5,690,211	-	$277.06M	5,690,211
Q1 2026	COF Capital One Financial Corporati	Capital One Financial Corporati	Sell - Position Exit	-2,069,130	-100.0%	$0.00	-
Q1 2026	CRH CRH	CRH	Buy	+498,271	+22.0%	$290.06M	2,759,331
Q1 2026	CRS Carpenter Technology Corporatio	Carpenter Technology Corporatio	Sell	-222,092	-14.3%	$524.58M	1,330,920
Q1 2026	DVN Devon Energy Corporation	Devon Energy Corporation	Buy - Position Entry	+6,525,140	-	$328.35M	6,525,140
Q1 2026	ERJ Embraer S.A.	Embraer S.A.	Sell	-302,909	-9.2%	$176.55M	2,975,231
Q1 2026	FERG Ferguson Enterprises Inc.	Ferguson Enterprises Inc.	Sell	-374,056	-37.1%	$147.95M	634,258
Q1 2026	G0450A105 Arch Capital	Arch Capital	Buy - Position Entry	+1,116,922	-	$107.21M	1,116,922
Q1 2026	GOOG Alphabet Inc.	Alphabet Inc.	Buy	+2,380,881	+220.7%	$992.43M	3,459,649
Q1 2026	IBKR Interactive Brokers Group, Inc.	Interactive Brokers Group, Inc.	Sell	-664,402	-9.6%	$420.88M	6,275,179
Q1 2026	LAMR Lamar Advertising Company	Lamar Advertising Company	Buy	+366,661	+50.8%	$137.90M	1,088,744
Q1 2026	LIN Linde	Linde	Buy - Position Entry	+1,068,371	-	$529.66M	1,068,371
Q1 2026	LPLA LPL Financial Holdings Inc.	LPL Financial Holdings Inc.	Sell - Position Exit	-254,813	-100.0%	$0.00	-
Q1 2026	MA Mastercard Incorporated	Mastercard Incorporated	Buy	+1,310	+0.3%	$229.67M	459,652
Q1 2026	MCO Moody's Corporation	Moody's Corporation	Buy	+772,261	+99.9%	$674.30M	1,545,670
Q1 2026	MSFT Microsoft Corporation	Microsoft Corporation	Sell - Position Exit	-1,748,656	-100.0%	$0.00	-
Q1 2026	NVDA NVIDIA Corporation	NVIDIA Corporation	Buy - Position Entry	+2,675,018	-	$466.52M	2,675,018
Q1 2026	NYT New York Times Company (The)	New York Times Company (The)	Sell	-438,119	-31.1%	$81.38M	971,884
Q1 2026	STX Seagate Technology	Seagate Technology	Sell - Position Exit	-729,325	-100.0%	$0.00	-
Q1 2026	UBER Uber Technologies, Inc.	Uber Technologies, Inc.	Buy	+1,971,191	+73.5%	$334.64M	4,652,363
Q1 2026	V Visa Inc.	Visa Inc.	Buy	+839,971	+25.7%	$1.24B	4,110,970
Q1 2026	VMC Vulcan Materials Company (Holdi	Vulcan Materials Company (Holdi	Buy	+809,043	+84.3%	$481.76M	1,769,216
Q1 2026	WYNN Wynn Resorts, Limited	Wynn Resorts, Limited	Sell - Position Exit	-2,069,751	-100.0%	$0.00	-