John Armitage - Egerton Capital UK 13F Activity & Position Changes (Q2 2018)

As of Jun 30, 2018, 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 Q2 2018, the filing reported:

New Buys - Booking Holdings Inc. Common St, CSX Corporation, Nutrien Ltd., Tenaris S.A.

Increases - Alibaba Group Holding Limited, Blackstone Mortgage Trust, Inc., Electronic Arts Inc., Mastercard Incorporated, Meta Platforms, Inc., and 6 more

Reductions - Adobe Inc., Applied Materials, Inc., Bank of America Corporation, Salesforce, Inc., Cintas Corporation, and 5 more

Complete Exits - Alaska Air Group, Inc., Charter Communications, Inc., HDFC Bank Limited, Honeywell International Inc., Southwest Airlines Company

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
Q2 2018	ADBE Adobe Inc.	Adobe Inc.	Sell	-910,171	-27.5%	$584.03K	2,395,418
Q2 2018	ALK Alaska Air Group, Inc.	Alaska Air Group, Inc.	Sell - Position Exit	-858,731	-100.0%	$0.00	-
Q2 2018	AMAT Applied Materials, Inc.	Applied Materials, Inc.	Sell	-8,684,066	-78.5%	$109.64K	2,373,671
Q2 2018	BABA Alibaba Group Holding Limited	Alibaba Group Holding Limited	Buy	+1,078,571	+44.4%	$650.52K	3,506,268
Q2 2018	BAC Bank of America Corporation	Bank of America Corporation	Sell	-1,345,602	-6.4%	$559.36K	19,842,384
Q2 2018	BKNG Booking Holdings Inc. Common St	Booking Holdings Inc. Common St	Buy - Position Entry	+165,438	-	$335.36K	165,438
Q2 2018	BXMT Blackstone Mortgage Trust, Inc.	Blackstone Mortgage Trust, Inc.	Buy	+2,602	+0.2%	$40.91K	1,301,535
Q2 2018	CHTR Charter Communications, Inc.	Charter Communications, Inc.	Sell - Position Exit	-2,174,268	-100.0%	$0.00	-
Q2 2018	CRM Salesforce, Inc.	Salesforce, Inc.	Sell	-783,409	-27.9%	$276.50K	2,027,107
Q2 2018	CSX CSX Corporation	CSX Corporation	Buy - Position Entry	+6,909,844	-	$440.71K	6,909,844
Q2 2018	CTAS Cintas Corporation	Cintas Corporation	Sell	-275,639	-21.7%	$184.20K	995,287
Q2 2018	EA Electronic Arts Inc.	Electronic Arts Inc.	Buy	+1,794,024	+79.8%	$569.96K	4,041,717
Q2 2018	GDDY GoDaddy Inc.	GoDaddy Inc.	Sell	-1,093,532	-25.3%	$227.90K	3,228,049
Q2 2018	GOOG Alphabet Inc.	Alphabet Inc.	Sell	-48,278	-8.5%	$583.11K	522,661
Q2 2018	HDB HDFC Bank Limited	HDFC Bank Limited	Sell - Position Exit	-1,681,996	-100.0%	$0.00	-
Q2 2018	HON Honeywell International Inc.	Honeywell International Inc.	Sell - Position Exit	-225,419	-100.0%	$0.00	-
Q2 2018	LUV Southwest Airlines Company	Southwest Airlines Company	Sell - Position Exit	-10,259,924	-100.0%	$0.00	-
Q2 2018	MA Mastercard Incorporated	Mastercard Incorporated	Buy	+152,222	+10.5%	$313.48K	1,595,167
Q2 2018	META Meta Platforms, Inc.	Meta Platforms, Inc.	Buy	+592,856	+35.7%	$438.01K	2,254,063
Q2 2018	MS Morgan Stanley	Morgan Stanley	Sell	-508,031	-16.2%	$124.58K	2,628,323
Q2 2018	MSFT Microsoft Corporation	Microsoft Corporation	Buy	+365,082	+5.2%	$734.07K	7,444,214
Q2 2018	NTR Nutrien Ltd.	Nutrien Ltd.	Buy - Position Entry	+2,660,527	-	$144.68K	2,660,527
Q2 2018	SCHW Charles Schwab Corporation (The	Charles Schwab Corporation (The	Buy	+25,723	+0.2%	$545.32K	10,671,657
Q2 2018	SPGI S&P Global Inc.	S&P Global Inc.	Buy	+6,704	+0.2%	$668.64K	3,279,421
Q2 2018	STZ Constellation Brands, Inc.	Constellation Brands, Inc.	Buy	+152,026	+18.8%	$210.29K	960,790
Q2 2018	TRU TransUnion	TransUnion	Sell	-1,298,896	-34.7%	$174.84K	2,440,560
Q2 2018	TS Tenaris S.A.	Tenaris S.A.	Buy - Position Entry	+6,810,741	-	$247.84K	6,810,741
Q2 2018	UNH UnitedHealth Group Incorporated	UnitedHealth Group Incorporated	Buy	+583,898	+27.0%	$674.63K	2,749,772
Q2 2018	UNP Union Pacific Corporation	Union Pacific Corporation	Buy	+10,130	+0.3%	$464.60K	3,279,188
Q2 2018	WYNN Wynn Resorts, Limited	Wynn Resorts, Limited	Sell	-495,988	-18.1%	$374.96K	2,240,740