John Armitage - Egerton Capital UK 13F Activity & Position Changes (Q4 2021)

According to the SEC 13F filed on Feb 11, 2022, the Egerton Capital UK portfolio showed several notable changes in holdings as of quarter-end Dec 31, 2021. 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 Q4 2021, the filing reported:

New Buys - Blackstone Secured Lending Fund, Salesforce, Inc., Lowe's Companies, Inc., Snap Inc.

Increases - Amazon.com, Inc., CSX Corporation, First Citizens BancShares, Inc., Alphabet Inc., Mastercard Incorporated, and 6 more

Reductions - Analog Devices, Inc., Bath & Body Works, Inc., Blackstone Mortgage Trust, Inc., Charter Communications, Inc., Canadian National Railway Compa, and 9 more

Complete Exits - Comcast Corporation, Nebius Group, PayPal Holdings, Inc., Sea Limited, Block, Inc., 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
Q4 2021	ADI Analog Devices, Inc.	Analog Devices, Inc.	Sell	-68,453	-2.2%	$547.43K	3,114,499
Q4 2021	AMZN Amazon.com, Inc.	Amazon.com, Inc.	Buy	+144,517	+106.7%	$933.32K	279,912
Q4 2021	BBWI Bath & Body Works, Inc.	Bath & Body Works, Inc.	Sell	-435,089	-3.1%	$954.12K	13,671,287
Q4 2021	BXMT Blackstone Mortgage Trust, Inc.	Blackstone Mortgage Trust, Inc.	Sell	-793,565	-21.6%	$87.99K	2,873,498
Q4 2021	BXSL Blackstone Secured Lending Fund	Blackstone Secured Lending Fund	Buy - Position Entry	+1,331,813	-	$45.28K	1,331,813
Q4 2021	CHTR Charter Communications, Inc.	Charter Communications, Inc.	Sell	-53,143	-2.5%	$1.33M	2,047,520
Q4 2021	CMCSA Comcast Corporation	Comcast Corporation	Sell - Position Exit	-16,274,833	-100.0%	$0.00	-
Q4 2021	CNI Canadian National Railway Compa	Canadian National Railway Compa	Sell	-170,060	-2.1%	$952.70K	7,754,328
Q4 2021	CRM Salesforce, Inc.	Salesforce, Inc.	Buy - Position Entry	+595,319	-	$151.29K	595,319
Q4 2021	CSX CSX Corporation	CSX Corporation	Buy	+2,568,609	+7.7%	$1.35M	35,833,950
Q4 2021	DHI D.R. Horton, Inc.	D.R. Horton, Inc.	Sell	-178,848	-2.1%	$913.27K	8,421,104
Q4 2021	FCNCA First Citizens BancShares, Inc.	First Citizens BancShares, Inc.	Buy	+66,997	+24.7%	$280.69K	338,250
Q4 2021	G4412G101 Herbalife	Herbalife	Sell	-45,272	-2.0%	$89.18K	2,178,812
Q4 2021	GOOG Alphabet Inc.	Alphabet Inc.	Buy	+12,034	+1.4%	$2.51M	866,311
Q4 2021	IFF International Flavors & Fragran	International Flavors & Fragran	Sell	-95,191	-11.2%	$114.00K	756,710
Q4 2021	KKR KKR & Co. Inc.	KKR & Co. Inc.	Sell	-222,134	-3.1%	$521.20K	6,995,953
Q4 2021	LOW Lowe's Companies, Inc.	Lowe's Companies, Inc.	Buy - Position Entry	+2,311,339	-	$597.43K	2,311,339
Q4 2021	MA Mastercard Incorporated	Mastercard Incorporated	Buy	+35,276	+5.0%	$263.86K	734,336
Q4 2021	META Meta Platforms, Inc.	Meta Platforms, Inc.	Sell	-1,421,086	-65.2%	$255.16K	758,612
Q4 2021	MSFT Microsoft Corporation	Microsoft Corporation	Buy	+360,976	+9.0%	$1.48M	4,389,291
Q4 2021	NBIS Nebius Group	Nebius Group	Sell - Position Exit	-2,871,515	-100.0%	$0.00	-
Q4 2021	NFLX Netflix, Inc.	Netflix, Inc.	Sell	-12,696	-1.9%	$397.89K	660,464
Q4 2021	PVH PVH Corp.	PVH Corp.	Buy	+54,787	+2.2%	$275.33K	2,581,621
Q4 2021	PYPL PayPal Holdings, Inc.	PayPal Holdings, Inc.	Sell - Position Exit	-1,478,478	-100.0%	$0.00	-
Q4 2021	RH RH	RH	Buy	+45,247	+27.4%	$112.79K	210,446
Q4 2021	SCHW Charles Schwab Corporation (The	Charles Schwab Corporation (The	Buy	+229,094	+1.6%	$1.22M	14,493,384
Q4 2021	SE Sea Limited	Sea Limited	Sell - Position Exit	-639,298	-100.0%	$0.00	-
Q4 2021	SHOP Shopify Inc.	Shopify Inc.	Buy	+96,258	+29.8%	$576.91K	418,842
Q4 2021	SNAP Snap Inc.	Snap Inc.	Buy - Position Entry	+7,370,122	-	$346.62K	7,370,122
Q4 2021	SQ Block, Inc.	Block, Inc.	Sell - Position Exit	-461,768	-100.0%	$0.00	-

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