← All Managers

John Armitage

Egerton Capital

European long/short equity

$10.35B

Portfolio Value

23

Holdings

Q2 '26

Period

2026-07-21

Filed

📉

Simulated 13F Return

⚠️ Approximation

Total Return

+18.37%

Q1 '25 → Q4 '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

VINCREASED
14.1% of portfolio
+4% shares+0.3pp
GOOGREDUCED
11.2% of portfolio
-5% shares+0.2pp
APHINCREASED
8.3% of portfolio
+69% shares+4.3pp
AMZNINCREASED
8.2% of portfolio
+51% shares+2.8pp
MCOINCREASED
7.5% of portfolio
+10% shares-0.0pp
NVDAINCREASED
6.6% of portfolio
+28% shares+1.4pp
MDLNREDUCED
6.3% of portfolio
+277% shares+4.1pp
VMCINCREASED
5.6% of portfolio
+11% shares+0.3pp
CRHINCREASED
4.5% of portfolio
+59% shares+1.3pp
AMATNEW
3.6% of portfolio
New position
IBKRREDUCED
3.5% of portfolio
-34% shares-1.2pp
DVNINCREASED
3.0% of portfolio
+16% shares-0.6pp
FERGREDUCED
2.3% of portfolio
+59% shares+0.7pp
EFXNEW
2.3% of portfolio
New position
EMBJINCREASED
2.1% of portfolio
+14% shares+0.1pp
MAREDUCED
1.8% of portfolio
-21% shares-0.7pp
LAMRINCREASED
1.6% of portfolio
+0% shares+0.1pp
UBERREDUCED
1.6% of portfolio
-50% shares-2.1pp
LININCREASED
1.5% of portfolio
-72% shares-4.4pp
AWIINCREASED
1.4% of portfolio
+107% shares+0.6pp
SPGINEW
1.4% of portfolio
New position
VSTNEW
0.7% of portfolio
New position
RIOTNEW
0.7% of portfolio
New position
CRSSOLD
was 5.8%
Sold out position
Filing price: $394.15
CMESOLD
was 3.9%
Sold out position
Filing price: $295.35
CNQSOLD
was 3.1%
Sold out position
Filing price: $48.69
ACGLNSOLD
was 1.2%
Sold out position
Filing price: $95.99
RNR-PGSOLD
was 1.0%
Sold out position
Filing price: $297.23
NYTSOLD
was 0.9%
Sold out position
Filing price: $83.73

Sold Out (6)

SOLDACGLNARCH CAP GROUP LTDwas 1.19%@$95.99
SOLDCNQCANADIAN NAT RES LTD MED TERwas 3.07%@$48.69
SOLDCRSCARPENTER TECHNOLOGY CORPwas 5.82%@$394.15
SOLDCMECME GROUP INCwas 3.88%@$295.35
SOLDNYTNEW YORK TIMES CO MTN BEwas 0.90%@$83.73
SOLDRNR-PGRENAISSANCERE HLDGS LTDwas 1.05%@$297.23

📊 Sector Breakdown

Portfolio allocation by sector

Unknown 41.2%Technology 31.3%Financials 17.3%Materials 7.1%Energy 3.0%

💼 Holdings

🔍

23 of 23 positions · $10.35B

This quarter: 5 new positions, increased 12, reduced 6, sold 6. Net buyer.

VINCREASED
14.1%
14.1% of portfolio (was 13.8%, added)
Filed ~$343
—📄
GOOGREDUCED
11.2%
11.2% of portfolio (was 11.0%, trimmed)
Filed ~$353
—📄
APHINCREASED
8.3%
8.3% of portfolio (was 4.0%, added)
Filed ~$176
—📄
AMZNINCREASED
8.2%
8.2% of portfolio (was 5.5%, added)
Filed ~$238
—📄
MCOINCREASED
7.5%
7.5% of portfolio (was 7.5%, added)
Filed ~$453
—📄
NVDAINCREASED
6.6%
6.6% of portfolio (was 5.2%, added)
Filed ~$200
—📄
MDLNREDUCED
6.3%
6.3% of portfolio (was 2.2%, trimmed)
Filed ~$39
—📄
VMCINCREASED
5.6%
5.6% of portfolio (was 5.3%, added)
Filed ~$295
—📄
CRHINCREASED
4.5%
4.5% of portfolio (was 3.2%, added)
Filed ~$107
—📄
AMATNEW
3.6%
3.6% of portfolio (new position)
Filed ~$723
—📄
IBKRREDUCED
3.5%
3.5% of portfolio (was 4.7%, trimmed)
Filed ~$87
—📄
DVNINCREASED
3.0%
3.0% of portfolio (was 3.6%, added)
Filed ~$41
—📄
FERGREDUCED
2.3%
2.3% of portfolio (was 1.6%, trimmed)
Filed ~$237
—📄
EFXNEW
2.3%
2.3% of portfolio (new position)
Filed ~$159
—📄
EMBJINCREASED
2.1%
2.1% of portfolio (was 2.0%, added)
Filed ~$64
—📄
MAREDUCED
1.8%
1.8% of portfolio (was 2.5%, trimmed)
Filed ~$514
—📄
LAMRINCREASED
1.6%
1.6% of portfolio (was 1.5%, added)
Filed ~$156
—📄
UBERREDUCED
1.6%
1.6% of portfolio (was 3.7%, trimmed)
Filed ~$72
—📄
LININCREASED
1.5%
1.5% of portfolio (was 5.9%, added)
Filed ~$519
—📄
AWIINCREASED
1.4%
1.4% of portfolio (was 0.8%, added)
Filed ~$160
—📄
SPGINEW
1.4%
1.4% of portfolio (new position)
Filed ~$407
—📄
VSTNEW
0.7%
0.7% of portfolio (new position)
Filed ~$159
—📄
RIOTNEW
0.7%
0.7% of portfolio (new position)
Filed ~$27
—📄

🚫 Sold Out (6 positions)

SOLDACGLNARCH CAP GROUP LTDwas 1.19%@$95.991116922 shares · $107.2M
SOLDCNQCANADIAN NAT RES LTD MED TERwas 3.07%@$48.695690211 shares · $277.1M
SOLDCRSCARPENTER TECHNOLOGY CORPwas 5.82%@$394.151330920 shares · $524.6M
SOLDCMECME GROUP INCwas 3.88%@$295.351182907 shares · $349.4M
SOLDNYTNEW YORK TIMES CO MTN BEwas 0.90%@$83.73971884 shares · $81.4M
SOLDRNR-PGRENAISSANCERE HLDGS LTDwas 1.05%@$297.23317308 shares · $94.3M