13F filing recap · Q4 2018

What did Egerton Capital buy in Q4 2018?

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

Stock value

$12.02B

Positions

Estimated turnover

49.3%

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

AXPAmerican Express Co$754.54Mreported value+7.92M shares LINLinde Plc$469.06Mreported value+3.01M shares VMCVulcan Materials Company$288.03Mreported value+2.92M shares MLMMartin Marietta Materials Inc$269.56Mreported value+1.57M shares ADSKAutodesk, Inc.$219.88Mreported value+1.71M shares ELVElevance Health, Inc.$65.86Mreported value+250.8K shares

Increased positions

FOXATwenty-First Century Fox, Inc.$1.93Breported value+4.00M shares+11.1%MSFTMicrosoft Corporation$896.80Mreported value+1.07M shares+13.8%CSXCsx Corporation$736.25Mreported value+1.23M shares+11.6%GOOGAlphabet Inc.$632.79Mreported value+87.0K shares

Reduced positions

UNPUnion Pacific Corp$1.02Breported value-561.0K shares-7.0%CHTRCharter Communications, Inc.$668.11Mreported value-387.3K shares-14.2%SPGIS&P Global Inc.$511.48Mreported value-155.5K shares-4.9%ADBEAdobe Inc.$482.86Mreported value-854.3K shares

Exited positions

ATVIActivision Blizzard, Inc.$623.70Mprior reported value-7.50M shares-100.0%PXPraxair, Inc.$561.55Mprior reported value-3.49M shares-100.0%BACBank of America Corp$350.98Mprior reported value-11.91M shares-100.0%SCHWSchwab Charles Corp$319.16Mprior reported value-6.49M shares