Tracking John Armitage’s Egerton Capital Portfolio – Q1 2024 Update

• John Armitage’s 13F portfolio value increased from $9.23B to $10.35B this quarter.
• Egerton Capital increased GE Healthcare (GEHC) and Canadian National Railway (CNI) while reducing Canadian Pacific (CP), Visa Inc. (V), and Meta Platforms (META).
• Amazon.com (AMZN), Canadian Pacific (CP), and GE Healthcare (GEHC) are the largest three positions in the portfolio.

John Arimitage’s 13F portfolio value increased from $9.23B to $10.35B this quarter. The portfolio is very concentrated with recent 13Fs listing around 25 positions. The largest five individual stock positions are Amazon.com (AMZN), Canadian Pacific (CP), GE Healthcare (GEHC), Canadian National Railway (CNI), and Visa (V). They add up to ~40% of the entire portfolio.

Below is a spreadsheet that highlights the changes to John Armitage's Egerton Capital 13F stock portfolio as of Q4 2023. For a look at how the portfolio has progressed, see our previous update: