← All Managers

John Armitage

Egerton Capital

European long/short equity

$9.20B

Portfolio Value

23

Holdings

Q4 '25

Period

2026-02-11

Filed

📉

Simulated 13F Return

⚠️ Approximation

Total Return

+18.37%

Q1 '25Q4 '25

Annualized

+25.11%/yr

S&P: +26.24%/yr

Alpha (vs S&P)

-0.81%

3 quarters tracked

1-Year Return

⚠️ Approximation only. 13F filings are delayed ~45 days. Options, shorts, and intra-quarter trades not captured.

📈 Recent Activity

Changes from previous quarter

AMZNINCREASED
14.8% of portfolio
+45% shares+5.4pp
VINCREASED
12.5% of portfolio
+37% shares+3.9pp
MSFTREDUCED
9.2% of portfolio
-3% shares-0.7pp
BSXINCREASED
5.6% of portfolio
+1% shares+0.1pp
COFREDUCED
5.5% of portfolio
-0% shares+0.8pp
APHREDUCED
5.4% of portfolio
-3% shares+0.5pp
CRSINCREASED
5.3% of portfolio
+13% shares+1.8pp
IBKRINCREASED
4.9% of portfolio
+11% shares+0.3pp
MCONEW
4.3% of portfolio
New position
GOOGNEW
3.7% of portfolio
New position
CMEREDUCED
3.5% of portfolio
-0% shares+0.1pp
CRHREDUCED
3.1% of portfolio
-47% shares-2.3pp
VMCNEW
3.0% of portfolio
New position
MAREDUCED
2.8% of portfolio
-0% shares+0.1pp
WYNNNEW
2.7% of portfolio
New position
FERGREDUCED
2.4% of portfolio
-61% shares-3.7pp
UBERNEW
2.4% of portfolio
New position
EMBJINCREASED
2.3% of portfolio
+55% shares+0.9pp
STXINCREASED
2.2% of portfolio
-54% shares-1.8pp
1.5% of portfolio
New position
NYTNEW
1.1% of portfolio
New position
LAMRREDUCED
1.0% of portfolio
-0% shares+0.1pp
LPLANEW
1.0% of portfolio
New position
PGRSOLD
was 6.7%
Sold out position
Filing price: $246.95
METASOLD
was 4.2%
Sold out position
Filing price: $734.38
FLUTSOLD
was 3.8%
Sold out position
Filing price: $254.00
ACGLNSOLD
was 3.4%
Sold out position
Filing price: $90.73
ICESOLD
was 1.8%
Sold out position
Filing price: $168.48
CPSOLD
was 1.6%
Sold out position
Filing price: $74.49
ARMKSOLD
was 1.3%
Sold out position
Filing price: $38.40
TRUSOLD
was 1.3%
Sold out position
Filing price: $83.78
FCNCASOLD
was 0.9%
Sold out position
Filing price: $1789.16

Sold Out (9)

SOLDARMKARAMARKwas 1.30%@$38.40
SOLDACGLNARCH CAP GROUP LTDwas 3.36%@$90.73
SOLDMETAMETA PLATFORMS INCwas 4.19%@$734.38
SOLDPGRPROGRESSIVE CORPwas 6.74%@$246.95
SOLDTRUTRANSUNIONwas 1.29%@$83.78
SOLDCPCANADIAN PACIFIC KANSAS CITYwas 1.59%@$74.49
SOLDFLUTFLUTTER ENTMT PLCwas 3.78%@$254.00
SOLDICEIntercontinental Exchangewas 1.84%@$168.48
SOLDFCNCAFIRST CTZNS BANCSHARES INC Dwas 0.89%@$1789.16

📊 Sector Breakdown

Portfolio allocation by sector

Unknown 32.3%Technology 32.2%Financials 24.3%Healthcare 5.6%Materials 3.0%+1 more (2.7%)

💼 Holdings

🔍

23 of 23 positions · $9.20B

This quarter: 8 new positions, increased 7, reduced 8, sold 9. Net seller.

AMZNINCREASED
14.8%
14.8% of portfolio (was 9.4%, added)
Filed ~$231
📄
VINCREASED
12.5%
12.5% of portfolio (was 8.6%, added)
Filed ~$351
📄
MSFTREDUCED
9.2%
9.2% of portfolio (was 9.9%, trimmed)
Filed ~$484
📄
BSXINCREASED
5.6%
5.6% of portfolio (was 5.5%, added)
Filed ~$95
📄
COFREDUCED
5.5%
5.5% of portfolio (was 4.7%, trimmed)
Filed ~$242
📄
APHREDUCED
5.4%
5.4% of portfolio (was 5.0%, trimmed)
Filed ~$135
📄
CRSINCREASED
5.3%
5.3% of portfolio (was 3.6%, added)
Filed ~$315
📄
IBKRINCREASED
4.9%
4.9% of portfolio (was 4.5%, added)
Filed ~$64
📄
MCONEW
4.3%
4.3% of portfolio (new position)
Filed ~$511
📄
GOOGNEW
3.7%
3.7% of portfolio (new position)
Filed ~$314
📄
CMEREDUCED
3.5%
3.5% of portfolio (was 3.4%, trimmed)
Filed ~$273
📄
CRHREDUCED
3.1%
3.1% of portfolio (was 5.4%, trimmed)
Filed ~$125
📄
VMCNEW
3.0%
3.0% of portfolio (new position)
Filed ~$285
📄
MAREDUCED
2.8%
2.8% of portfolio (was 2.8%, trimmed)
Filed ~$571
📄
WYNNNEW
2.7%
2.7% of portfolio (new position)
Filed ~$120
📄
FERGREDUCED
2.4%
2.4% of portfolio (was 6.2%, trimmed)
Filed ~$223
📄
UBERNEW
2.4%
2.4% of portfolio (new position)
Filed ~$82
📄
EMBJINCREASED
2.3%
2.3% of portfolio (was 1.3%, added)
Filed ~$64
📄
STXINCREASED
2.2%
2.2% of portfolio (was 4.0%, added)
Filed ~$275
📄
1.5%
1.5% of portfolio (new position)
Filed ~$281
📄
NYTNEW
1.1%
1.1% of portfolio (new position)
Filed ~$69
📄
LAMRREDUCED
1.0%
1.0% of portfolio (was 0.9%, trimmed)
Filed ~$127
📄
LPLANEW
1.0%
1.0% of portfolio (new position)
Filed ~$357
📄

🚫 Sold Out (9 positions)

SOLDARMKARAMARKwas 1.30%@$38.403204201 shares · $123.0M
SOLDACGLNARCH CAP GROUP LTDwas 3.36%@$90.733507882 shares · $318.3M
SOLDMETAMETA PLATFORMS INCwas 4.19%@$734.38541167 shares · $397.4M
SOLDPGRPROGRESSIVE CORPwas 6.74%@$246.952588638 shares · $639.3M
SOLDTRUTRANSUNIONwas 1.29%@$83.781465050 shares · $122.7M
SOLDCPCANADIAN PACIFIC KANSAS CITYwas 1.59%@$74.492026311 shares · $150.9M
SOLDFLUTFLUTTER ENTMT PLCwas 3.78%@$254.001412018 shares · $358.7M
SOLDICEIntercontinental Exchangewas 1.84%@$168.481036199 shares · $174.6M
SOLDFCNCAFIRST CTZNS BANCSHARES INC Dwas 0.89%@$1789.1647384 shares · $84.8M