John Armitage

Net buying

Egerton Capital (UK) LLP — managed by John Armitage; US equity positions disclosed quarterly via SEC 13F

Data as of 2026-06-30 (filed 2026-07-21) · Source: SEC EDGAR

Portfolio value$10.35B (+15%)

Holdings23 (−1)

Top holdingVisa Inc

Below band2

New

Added

Exited

By what price implies: 11 demand a demanding growth rate, 4 modest.

13F × valuation

Valuation posture

Of 12 valued US positions, 2 trade below a conservative value band (as of 2026-10-16):

Interactive Brokers Group InIBKR33% · below
Armstrong World Inds IncAWI5% · below

SEC 13F · latest filing

Holdings

Security	Value	Valuation	Holders	Shares	Weight	Signal
Visa IncV	$1.46B	—	32	4,264,651	14.1%	Adding · 6 quarters
Alphabet IncGOOG	$1.16B	—	35	3,291,594	11.2%	—
Amphenol CorpAPH	$858.1M	—	8	4,866,688	8.3%	Big new position
Amazon Com IncAMZN	$851.7M	—	38	3,573,408	8.2%	Big new position
Moodys CorpMCO	$771.9M	—	19	1,704,229	7.5%	Adding · 3 quarters
Nvidia CorporationNVDA	$683.9M	—	19	3,417,950	6.6%	Big new position
Medline IncMDLN	$649.6M	—	5	16,470,884	6.3%	Big new position
Vulcan Matls CoVMC	$581.7M	—	8	1,971,694	5.6%	Adding · 3 quarters
Crh PlcCRH	$469.1M	—	7	4,383,866	4.5%	Big new position
Applied Matls IncAMAT	$376.7M	—	14	521,065	3.6%	Big new position
Interactive Brokers Group InIBKR	$359.4M	Below value	9	4,129,416	3.5%	—
Devon Energy CorpDVN	$312.3M	—	9	7,558,060	3.0%	Big new position
Ferguson Enterprises IncFERG	$238.8M	—	11	1,006,024	2.3%	—
Equifax IncEFX	$235.1M	—	9	1,481,188	2.3%	—
Embraer S.AEMBJ	$215.9M	—	3	3,384,349	2.1%	—
Mastercard IncorporatedMA	$186.7M	—	22	363,490	1.8%	—
Lamar Advertising CoLAMR	$170.1M	—	3	1,090,619	1.6%	—
Uber Technologies IncUBER	$167.4M	—	15	2,319,648	1.6%	—
Linde PlcLIN	$156.1M	—	7	300,854	1.5%	—
Armstrong World Inds IncAWI	$148.5M	Below value	3	925,394	1.4%	—
S&P Global IncSPGI	$143.3M	—	18	351,920	1.4%	—
Vistra CorpVST	$77.0M	—	4	485,253	0.7%	—
Riot Platforms IncRIOT	$72.0M	—	2	2,628,731	0.7%	—

Visa IncVAdding · 6 quarters
Value$1.46BValuation—Holders32Weight14.1%
Alphabet IncGOOG—
Value$1.16BValuation—Holders35Weight11.2%
Amphenol CorpAPHBig new position
Value$858.1MValuation—Holders8Weight8.3%
Amazon Com IncAMZNBig new position
Value$851.7MValuation—Holders38Weight8.2%
Moodys CorpMCOAdding · 3 quarters
Value$771.9MValuation—Holders19Weight7.5%
Nvidia CorporationNVDABig new position
Value$683.9MValuation—Holders19Weight6.6%
Medline IncMDLNBig new position
Value$649.6MValuation—Holders5Weight6.3%
Vulcan Matls CoVMCAdding · 3 quarters
Value$581.7MValuation—Holders8Weight5.6%
Crh PlcCRHBig new position
Value$469.1MValuation—Holders7Weight4.5%
Applied Matls IncAMATBig new position
Value$376.7MValuation—Holders14Weight3.6%
Interactive Brokers Group InIBKR—
Value$359.4MValuationBelow valueHolders9Weight3.5%
Devon Energy CorpDVNBig new position
Value$312.3MValuation—Holders9Weight3.0%
Ferguson Enterprises IncFERG—
Value$238.8MValuation—Holders11Weight2.3%
Equifax IncEFX—
Value$235.1MValuation—Holders9Weight2.3%
Embraer S.AEMBJ—
Value$215.9MValuation—Holders3Weight2.1%
Mastercard IncorporatedMA—
Value$186.7MValuation—Holders22Weight1.8%
Lamar Advertising CoLAMR—
Value$170.1MValuation—Holders3Weight1.6%
Uber Technologies IncUBER—
Value$167.4MValuation—Holders15Weight1.6%
Linde PlcLIN—
Value$156.1MValuation—Holders7Weight1.5%
Armstrong World Inds IncAWI—
Value$148.5MValuationBelow valueHolders3Weight1.4%
S&P Global IncSPGI—
Value$143.3MValuation—Holders18Weight1.4%
Vistra CorpVST—
Value$77.0MValuation—Holders4Weight0.7%
Riot Platforms IncRIOT—
Value$72.0MValuation—Holders2Weight0.7%

Exited this quarter (6)Carpenter Technology Corp、Cme Group Inc、Canadian Nat Res Ltd Med Ter、Arch Cap Group Ltd、Renaissancere Hldgs Ltd、New York Times Co Mtn Be

What is a superinvestor

About this investor

Portfolio overview

Egerton Capital (UK) LLP's most recent 13F filing, for the quarter ended 2026-06-30, reports 23 positions worth $10.35B. The top 5 holdings represent 49% of that value, a moderately concentrated portfolio.

The single largest position is Visa Inc at 14.1% of the portfolio, followed by Alphabet Inc at 11.2% and Amphenol Corp at 8.3%.

Against the prior quarter, John Armitage opened 5 new positions, exited 6, added to 13, and trimmed 5. The largest new buy was Applied Matls Inc. The most notable sale was the full exit from Canadian Nat Res Ltd Med Ter.

Across all 8 quarters on file, Visa Inc has appeared in every filing, as has Amazon Com Inc. Visa Inc currently ranks first by value.

A 13F is filed roughly 45 days after quarter-end and covers only long positions in US-listed equities, so it is a lagging and partial view of the portfolio. Source: SEC EDGAR.

John Armitage has no positions in the strike zone right now. Browse the whole market by value band

Sources· SEC EDGAR 13F as of 2026-06-30 · filed 2026-07-21

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