SEC 13F Intelligence

Managers / Q4 2019 · view latest →

Waverton Investment Management Ltd

CIK 0001344114 · 16 BABMAES STREET, LONDON, X0, SW1Y 6AH · 00 44 207484 7484

Reported Value
$1.9B
Q4 2019
Positions
46
Filings on Record
30
2019–present window
Filed
Jan 23, 2020
amendment (RESTATEMENT)

Summary

Waverton Investment Management Ltd reported $1.9B in U.S.-listed holdings across 46 positions for Q4 2019.

Its largest position, MSFT, represents 9.1% of the portfolio.

Compared with Q3 2019, the fund opened 3 new positions and exited 33.

Portfolio Metrics

Turnover
+6.1%
vs prior filed quarter
Top-10 Concentration
+58.9%
share of reported value
Largest Position
+9.1%
Microsoft Corporation Com US 0 00000625
New / Exited
3 / 33
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $1.6BQ4 ’18Q1 ’19: $1.9BQ2 ’19: $2.0BQ3 ’19: $2.0BQ4 ’19: $1.9BQ4 ’19Q1 ’20: $1.5BQ2 ’20: $1.8BQ3 ’20: $2.0BQ4 ’20: $2.2BQ4 ’20Q1 ’21: $2.3BQ2 ’21: $2.6BQ3 ’21: $2.5BQ4 ’21: $3.2BQ4 ’21Q1 ’22: $3.0BQ2 ’22: $2.6BQ3 ’22: $2.4BQ2 ’23: $3.5BQ2 ’23Q3 ’23: $3.5BQ4 ’23: $4.1BQ1 ’24: $4.8BQ2 ’24: $5.3BQ2 ’24Q3 ’24: $6.1BQ4 ’24: $6.3BQ1 ’25: $6.5BQ2 ’25: $7.3BQ2 ’25Q3 ’25: $7.8BQ4 ’25: $0filingsflow.com

Portfolio Composition

By security type
Common Stock: 92.7%REIT: 4.6%ADR: 2.0%ETP: 0.6%NY Reg Shrs: 0.0%
  • Common Stock · 92.7% · $1.8B
  • REIT · 4.6% · $89M
  • ADR · 2.0% · $39M
  • ETP · 0.6% · $12M
  • NY Reg Shrs · 0.0% · $492,000

Quarter-over-Quarter Changes full breakdown →

vs Q3 2019 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
ACNAccenture Plc 'A' Ord USDNEW+19.8K19.8K+$4M$4M
DHID.R. Horton Inc Com US$0.01NEW+56.0K56.0K+$3M$3M
PHGKoninklijke Philips Sponsored ADR Rep 1 Ord 0.20NEW+10.1K10.1K+$492,000$492,000
Aberdeen Standard Physical Gold Shares ETFADDED+426.6K474.2K+$172,000$7M
DISWalt Disney Company Disney Com US$0.01ADDED+21.8K39.3K+$3M$6M
INFYInfosys Ltd ADR Each Rep 1 Ord SharesADDED+460.7K883.7K+$4M$9M
BIIBBiogen Inc Com US$0.0005SOLD OUT−191.2K0−$45M$0
JNJJohnson & Johnson Com US$1.00SOLD OUT−15.5K0−$2M$0

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q4 2019

46 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MSFTMicrosoft Corporation Com US$0.00000625history →COM9.07%$175M1.11M
2JPMJP Morgan Chase Com US$1 (US quote)history →COM6.79%$131M942.7K
3BDXBecton Dickinson Com US$1history →COM6.69%$129M476.1K
4AMZNAmazon.com Inc Com US$0.01history →COM6.09%$118M63.8K
5UNPUnion Pacific Corporation Com US$2.50history →COM5.81%$112M622.0K
6HDHome Depot Inc Com US$0.05history →COM5.26%$102M466.4K
7CRMSalesforce.com Inc Com US$0.001history →COM5.12%$99M608.8K
8HONHoneywell International Inc Com US$1.00history →COM4.99%$97M545.3K
9AMTAmerican Tower Corporation Com US$0.01history →COM4.59%$89M386.6K
10CVXChevron Corporation Com US$0.75history →COM4.48%$87M719.9K
11AAPLApple Inc Comhistory →COM4.37%$85M287.9K
12VVisa Inc Com Stock US$0.0001history →COM CL A4.37%$85M449.7K
13AXPAmerican Express Co Com US$0.20history →COM4.15%$80M645.3K
14LMTLockheed Martin Corp Com US$1.00history →COM4.10%$79M203.9K
15INTUIntuit Inc Com US$0.01history →COM4.01%$78M296.3K
16TAT&T Inc Com US$1.00history →COM3.54%$68M1.75M
17MRSHMarsh & McLennan Cos Inc Com US$1.00history →COM3.41%$66M591.7K
18BRK/BBerkshire Hathaway 'B' Com US$0.1667history →CL B NEW3.26%$63M278.4K
19ILMNIllumina Incorporated Com US$0.01history →COM2.44%$47M142.5K
20BABAAlibaba Group Holdings Ltd Sponsored ADRhistory →SPONSORED ADS0.97%$19M88.7K
21LHXL3 Harris Technologies Com US$1.00history →COM0.59%$11M57.8K
22BTIBritish American Tobacco Ord 25p ADRhistory →SPONSORED ADR0.55%$11M249.0K
23SPGIS&P Global Inchistory →COM0.52%$10M36.9K
24INFYInfosys Ltd ADR Each Rep 1 Ord SharesSPONSORED ADR0.47%$9M883.7K
25Activision Blizzard Inc Com US$0.000001COM0.36%$7M118.9K
26LIVNLivaNova plc OrdSHS0.36%$7M92.1K
27Aberdeen Standard Physical Gold Shares ETFPHYSCL SWISS GLD0.36%$7M474.2K
28DISWalt Disney Company Disney Com US$0.01COM DISNEY0.29%$6M39.3K
29PGProcter & Gamble Co ComCOM0.29%$6M45.1K
30GLDSPDR Gold Trust SharesGOLD SHS0.29%$6M38.8K
31PWRQuanta Services, IncCOM0.25%$5M120.8K
32MDTMedtronic Plc US$0.0001SHS0.25%$5M42.5K
33VZVerizon Communications Com US$0.10COM0.22%$4M70.8K
34ACNAccenture Plc 'A' Ord USDSHS CLASS A0.22%$4M19.8K
35PFEPfizer Inc Com US$0.05COM0.20%$4M100.7K
36AMDAdvanced Micro DevicesCOM0.18%$3M74.2K
37CBChubb Ltd Ord CHF24.15COM0.16%$3M20.5K
38OXYOccidental Petroleum Corp Com US$0.20 USA (Regd)COM0.16%$3M75.9K
39DHID.R. Horton Inc Com US$0.01COM0.15%$3M56.0K
40EXMOCExxon Mobil Corporation ComCOM0.15%$3M41.3K
41ABTAbbott Laboratories ComCOM0.13%$3M29.6K
42CLColgate-Palmolive Co Com US$1.00COM0.12%$2M33.7K
43MRKMerck & Co Inc Com US$0.50COM0.07%$1M15.6K
44CDZICadiz Inc Com US$0.01COM NEW0.06%$1M107.7K
45CHDChurch & Dwight Com US$1COM0.04%$759,00010.8K
46PHGKoninklijke Philips Sponsored ADR Rep 1 Ord 0.20NY REG SH NEW0.03%$492,00010.1K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q4 2025$01Feb 17, 202613F-HRchanges · EDGAR ↗
Q3 2025$7.8B101Nov 12, 202513F-HRchanges · EDGAR ↗
Q2 2025$7.3B105Aug 6, 202513F-HRchanges · EDGAR ↗
Q1 2025$6.5B102Apr 24, 202513F-HRchanges · EDGAR ↗
Q4 2024$6.3B101Feb 4, 202513F-HRchanges · EDGAR ↗
Q3 2024$6.1B98Nov 5, 202413F-HRchanges · EDGAR ↗
Q2 2024$5.3B94Aug 5, 202413F-HRchanges · EDGAR ↗
Q1 2024$4.8B94May 8, 202413F-HRchanges · EDGAR ↗
Q4 2023$4.1B96Feb 9, 202413F-HRchanges · EDGAR ↗
Q3 2023$3.5B72Nov 6, 202313F-HRchanges · EDGAR ↗
Q2 2023$3.5B73Aug 2, 202313F-HRchanges · EDGAR ↗
Q1 2023Under review81Apr 27, 202313F-HRchanges · EDGAR ↗
Q4 2022Under review79Feb 2, 202313F-HRchanges · EDGAR ↗
Q3 2022$2.4B79Oct 19, 202213F-HRchanges · EDGAR ↗
Q2 2022$2.6B76Jul 13, 202213F-HRchanges · EDGAR ↗
Q1 2022$3.0B74Apr 26, 202213F-HRchanges · EDGAR ↗
Q4 2021$3.2B68Feb 7, 202213F-HRchanges · EDGAR ↗
Q3 2021$2.5B52Oct 18, 202113F-HRchanges · EDGAR ↗
Q2 2021$2.6B52Aug 2, 202113F-HRchanges · EDGAR ↗
Q1 2021$2.3B53Apr 27, 202113F-HRchanges · EDGAR ↗
Q4 2020$2.2B54Jan 22, 202113F-HRchanges · EDGAR ↗
Q3 2020$2.0B52Oct 28, 202013F-HRchanges · EDGAR ↗
Q2 2020$1.8B51Jul 16, 202013F-HRchanges · EDGAR ↗
Q1 2020$1.5B47Apr 30, 202013F-HRchanges · EDGAR ↗
Q4 2019$1.9B46Jan 23, 2020RESTATEMENTchanges · EDGAR ↗
Q3 2019$2.0B76Oct 29, 201913F-HRchanges · EDGAR ↗
Q2 2019$2.0B78Jul 17, 201913F-HRchanges · EDGAR ↗
Q1 2019$1.9B74Apr 18, 201913F-HRchanges · EDGAR ↗
Q4 2018$1.6B72Jan 14, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.