John Armitage - Egerton Capital UK 13F Activity & Position Changes (Q3 2018)

As of Sep 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 Q3 2018, the filing reported:

New Buys - Charter Communications, Inc., KKR & Co. Inc., Synopsys, Inc.

Increases - Adobe Inc., Blackstone Mortgage Trust, Inc., CSX Corporation, GoDaddy Inc., Alphabet Inc., and 6 more

Reductions - Alibaba Group Holding Limited, Bank of America Corporation, Salesforce, Inc., Cintas Corporation, Mastercard Incorporated, and 3 more

Complete Exits - Applied Materials, Inc., Booking Holdings Inc. Common St, Electronic Arts Inc., Meta Platforms, Inc., Morgan Stanley, 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
Q3 2018	ADBE Adobe Inc.	Adobe Inc.	Buy	+593,110	+24.8%	$806.75K	2,988,528
Q3 2018	AMAT Applied Materials, Inc.	Applied Materials, Inc.	Sell - Position Exit	-2,373,671	-100.0%	$0.00	-
Q3 2018	BABA Alibaba Group Holding Limited	Alibaba Group Holding Limited	Sell	-1,170,548	-33.4%	$384.83K	2,335,720
Q3 2018	BAC Bank of America Corporation	Bank of America Corporation	Sell	-7,928,704	-40.0%	$350.98K	11,913,680
Q3 2018	BKNG Booking Holdings Inc. Common St	Booking Holdings Inc. Common St	Sell - Position Exit	-165,438	-100.0%	$0.00	-
Q3 2018	BXMT Blackstone Mortgage Trust, Inc.	Blackstone Mortgage Trust, Inc.	Buy	+3,263	+0.3%	$43.72K	1,304,798
Q3 2018	CHTR Charter Communications, Inc.	Charter Communications, Inc.	Buy - Position Entry	+2,731,830	-	$890.25K	2,731,830
Q3 2018	CRM Salesforce, Inc.	Salesforce, Inc.	Sell	-1,081,148	-53.3%	$150.44K	945,959
Q3 2018	CSX CSX Corporation	CSX Corporation	Buy	+3,708,912	+53.7%	$786.32K	10,618,756
Q3 2018	CTAS Cintas Corporation	Cintas Corporation	Sell	-347,306	-34.9%	$128.18K	647,981
Q3 2018	EA Electronic Arts Inc.	Electronic Arts Inc.	Sell - Position Exit	-4,041,717	-100.0%	$0.00	-
Q3 2018	GDDY GoDaddy Inc.	GoDaddy Inc.	Buy	+8,743	+0.3%	$269.92K	3,236,792
Q3 2018	GOOG Alphabet Inc.	Alphabet Inc.	Buy	+1,336	+0.3%	$625.38K	523,997
Q3 2018	KKR KKR & Co. Inc.	KKR & Co. Inc.	Buy - Position Entry	+9,764,618	-	$266.28K	9,764,618
Q3 2018	MA Mastercard Incorporated	Mastercard Incorporated	Sell	-604,892	-37.9%	$220.44K	990,275
Q3 2018	META Meta Platforms, Inc.	Meta Platforms, Inc.	Sell - Position Exit	-2,254,063	-100.0%	$0.00	-
Q3 2018	MS Morgan Stanley	Morgan Stanley	Sell - Position Exit	-2,628,323	-100.0%	$0.00	-
Q3 2018	MSFT Microsoft Corporation	Microsoft Corporation	Buy	+311,116	+4.2%	$886.98K	7,755,330
Q3 2018	NTR Nutrien Ltd.	Nutrien Ltd.	Buy	+1,762,773	+66.3%	$255.22K	4,423,300
Q3 2018	SCHW Charles Schwab Corporation (The	Charles Schwab Corporation (The	Sell	-4,178,115	-39.2%	$319.16K	6,493,542
Q3 2018	SNPS Synopsys, Inc.	Synopsys, Inc.	Buy - Position Entry	+1,022,200	-	$100.80K	1,022,200
Q3 2018	SPGI S&P Global Inc.	S&P Global Inc.	Sell	-114,156	-3.5%	$618.46K	3,165,265
Q3 2018	STZ Constellation Brands, Inc.	Constellation Brands, Inc.	Sell - Position Exit	-960,790	-100.0%	$0.00	-
Q3 2018	TRU TransUnion	TransUnion	Buy	+966,563	+39.6%	$250.70K	3,407,123
Q3 2018	TS Tenaris S.A.	Tenaris S.A.	Buy	+2,405,954	+35.3%	$308.94K	9,216,695
Q3 2018	UNH UnitedHealth Group Incorporated	UnitedHealth Group Incorporated	Sell	-1,228,961	-44.7%	$404.60K	1,520,811
Q3 2018	UNP Union Pacific Corporation	Union Pacific Corporation	Buy	+4,683,800	+142.8%	$1.30M	7,962,988
Q3 2018	WYNN Wynn Resorts, Limited	Wynn Resorts, Limited	Buy	+728,301	+32.5%	$377.25K	2,969,041