13F filing recap · Q4 2016

What did Egerton Capital buy in Q4 2016?

Reported stock-position changes between this filing and the previous one.

Stock value

$8.22B

Positions

Estimated turnover

34.6%

Turnover is a proxy: verified trade-origin share changes valued at period-end and divided by average reported stock value. SEC holdings reports do not disclose execution dates or prices. Corporate actions and unreconciled activity are excluded.

New positions

BACBank of America Corp$450.05Mreported value+20.36M shares MSMorgan Stanley$94.02Mreported value+2.23M shares AAPAdvance Auto Parts, Inc.$72.43Mreported value+428.3K shares LEXEALiberty Expedia Holdings, Inc.$14.28Mreported value+360.1K shares

Increased positions

SPGIS&P Global Inc.$617.06Mreported value+744.0K shares+14.9%MAMastercard Inc$414.13Mreported value+931.5K shares+30.2%SCHWSchwab Charles Corp$394.96Mreported value+652.2K shares+7.0%STZConstellation Brands, Inc.$345.10Mreported value+3.8K shares

Reduced positions

CHTRCharter Communications, Inc.$1.15Breported value-74.8K shares-1.8%CMCSAComcast Corporation$791.31Mreported value-211.8K shares-1.8%GOOGAlphabet Inc.$564.72Mreported value-9.8K shares-1.3%JPMJPMorgan Chase & Co$367.47Mreported value-144.9K shares

Exited positions

MCOMoody’s Corporation$171.80Mprior reported value-1.59M shares-100.0%HDHome Depot, Inc.$148.78Mprior reported value-1.16M shares-100.0%QRTEALiberty Ventures Series A$36.55Mprior reported value-916.7K shares-100.0%