Lansdowne Partners (UK) LLP

Last 4 years copying the filings

$100,000 would be $314,126

The same $100,000 in SPY would be $208,734.

Total return

+214%

Annualized (4Y CAGR)

+33.1%

vs SPY

+12.9 pts/yr

Across 17 filings, buying each one the day it became public. Best quarter +21.3%, worst -7.7%.

All time

+261% since Aug 2014

Fund size $2B today

Sep 2022 to Sep 2026, at least 66% of the book priced each quarter. Not audited fund performance. What this covers

Each quarter is priced from the date its SEC filing became public, not the quarter it describes, and weighted by position size. A 13F shows long US stock holdings only, so shorts, cash, options, and anything bought and sold between two filings are not in this line.

New Nvent Elec position and exited Alcon AG in Q2 2026.

$2.4B in this filing26 positionstop 10 = 93%

Holdings are from Jun 30, 2026, not today. Filed Aug 14, 2026. Next filing due ~Nov 14, 2026 - a fund that has since had a bad quarter will not show it here until then.

Spot holdings26 positions - $2.4B

1TSMTaiwan Semiconductor Manuf29.00%
$704.8M - 1.5M shares+140K
2ARMArm Holdings PLC15.64%
$380.3M - 1.1M shares+137K
3DALDelta Air Lines Inc9.52%
$231.5M - 2.5M shares-15K

#	Stock					At Jun 30	Now	Market cap	P/E
1	TSMTaiwan Semiconductor Manuf	29.00%	$704.8M	1.5M	+140K	$477.57	$428.91 -10.2%	$2.16T	30.9
2	ARMArm Holdings PLC	15.64%	$380.3M	1.1M	+137K	$354.57	$252.09 -28.9%	$259.1B	237.8
3	DALDelta Air Lines Inc	9.52%	$231.5M	2.5M	-15K	$93.66	$80.17 -14.4%	$52.7B	13.1

23 more on a paid plan

Free shows three. Paid plans unlock the full portfolio, every quarter, and what changed.

Unlock all 23 holdings

What is missing

This filing does not include cash, short positions, private investments, bonds, or many overseas holdings.