SEC 13F Intelligence

Managers / Q4 2020 · view latest →

Waverton Investment Management Ltd

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

Reported Value
$2.2B
Q4 2020
Positions
54
Filings on Record
30
2019–present window
Filed
Jan 22, 2021
original filing

Summary

Waverton Investment Management Ltd reported $2.2B in U.S.-listed holdings across 54 positions for Q4 2020.

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

Compared with Q3 2020, the fund opened 6 new positions and exited 4.

Portfolio Metrics

Turnover
+9.7%
vs prior filed quarter
Top-10 Concentration
+54.6%
share of reported value
Largest Position
+9.1%
Microsoft Corporation Com US 0 00000625
New / Exited
6 / 4
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. 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: 88.3%Other: 5.7%ADR: 4.6%ETP: 1.1%REIT: 0.3%
  • Common Stock · 88.3% · $1.9B
  • Other · 5.7% · $124M
  • ADR · 4.6% · $99M
  • ETP · 1.1% · $23M
  • REIT · 0.3% · $8M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
CMECME Group Inc Com US$0.01 'A'NEW+427.2K427.2K+$78M$78M
QCOMQualcomm Inc Com US$0.0001NEW+249.5K249.5K+$38M$38M
PINSPinterest Inc Com US$0.00001NEW+183.2K183.2K+$12M$12M
KOCoca-Cola Com US$0.25NEW+82.7K82.7K+$5M$5M
NTESNetease Inc. ADR Rep. 24 ComNEW+46.6K46.6K+$4M$4M
WRBW R Berkley Corp Com US$0.20NEW+10.7K10.7K+$713,000$713,000
LHXL3 Harris Technologies Com US$1.00SOLD OUT−236.0K0−$40M$0
ULTAUlta Beauty Inc US$0.01SOLD OUT−35.5K0−$8M$0

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

Holdings — Q4 2020

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MSFTMicrosoft Corporation Com US$0.00000625history →COM9.08%$197M884.5K
2AMZNAmazon.com Inc Com US$0.01history →COM6.87%$149M45.7K
3COSTCostco Wholesale Corp Com Stock US$0.005history →COM5.36%$116M308.2K
4UNPUnion Pacific Corporation Com US$2.50history →COM5.26%$114M547.3K
5TE Connectivity Ltd Com CHF1.37REG SHS4.94%$107M885.0K
6MRSHMarsh & McLennan Cos Inc Com US$1.00history →COM4.88%$106M903.5K
7INTUIntuit Inc Com US$0.01history →COM4.79%$104M273.5K
8HDHome Depot Inc Com US$0.05history →COM4.70%$102M383.9K
9HONGBPHoneywell International Inc Com US$1.00history →COM4.39%$95M447.4K
10FNFFidelity National Information Services Inc Com US$0.01history →FNF GROUP COM4.34%$94M665.0K
11AAPLApple Inc Comhistory →COM4.24%$92M692.1K
12VVisa Inc Com Stock US$0.0001history →COM CL A4.12%$89M408.5K
13AVYAvery Dennisonhistory →COM4.10%$89M573.2K
14DISWalt Disney Company Disney Com US$0.01history →COM DISNEY3.77%$82M451.3K
15AXPAmerican Express Co Com US$0.20history →COM3.60%$78M645.6K
16CMECME Group Inc Com US$0.01 'A'history →COM3.59%$78M427.2K
17CRMSalesforce.com Inc Com US$0.001history →COM3.50%$76M340.5K
18VMCVulcan Materials Com $1history →COM2.29%$50M334.6K
19BABAAlibaba Group Holdings Ltd Sponsored ADRhistory →SPONSORED ADS1.81%$39M168.6K
20QCOMQualcomm Inc Com US$0.0001history →COM1.75%$38M249.5K
21ILMNIllumina Incorporated Com US$0.01history →COM1.66%$36M97.4K
22BRK/BBerkshire Hathaway 'B' Com US$0.1667history →CL B NEW1.48%$32M137.9K
23TSMTaiwan Semiconductor Manufacturing ADS Rep 5 Ord TW$10history →SPONSORED ADS1.43%$31M283.8K
24INFYInfosys Ltd ADR Each Rep 1 Ord Shareshistory →SPONSORED ADR0.96%$21M1.22M
25LMTLockheed Martin Corp Com US$1.00history →COM0.58%$13M35.6K
26PINSPinterest Inc Com US$0.00001history →CL A0.56%$12M183.2K
27Aberdeen Standard Physical Gold Shares ETFPHYSCL SWISS GLD0.50%$11M588.4K
28ATVIEURActivision Blizzard Inc Com US$0.000001history →COM0.47%$10M110.7K
29GQ9SPDR Gold Trust Shareshistory →GOLD SHS0.47%$10M56.8K
30SPGIS&P Global Inchistory →COM0.46%$10M30.6K
31Accenture Plc 'A' Ord USDSHS CLASS A0.41%$9M33.7K
32LivaNova plc OrdSHS0.36%$8M116.8K
33AMTAmerican Tower Corporation Com US$0.01COM0.35%$8M33.6K
34TMOThermo Fisher Scientific COM US$1COM0.34%$7M15.7K
35FSC1EUROaktree Speciality Lending Corporation Com US$0.01COM0.31%$7M1.20M
36SBUXStarbucks Corp Com USD0.001COM0.21%$5M43.4K
37KOCoca-Cola Com US$0.25COM0.21%$5M82.7K
38NTESNetease Inc. ADR Rep. 24 ComSPONSORED ADS0.21%$4M46.6K
39BMTABritish American Tobacco Ord 25p ADRSPONSORED ADR0.18%$4M106.1K
40WMTWalmart Inc Com US$0.10COM0.17%$4M25.4K
41BACVerizon Communications Com US$0.10COM0.15%$3M57.1K
42ABTAbbott Laboratories ComCOM0.15%$3M29.0K
43MASI*Masimo Corporation Com US$0.001COM0.14%$3M11.5K
44PFEPfizer Inc Com US$0.05COM0.14%$3M82.7K
45TAT&T Inc Com US$1.00COM0.12%$3M92.8K
46CLColgate-Palmolive Co Com US$1.00COM0.11%$2M27.3K
47JPMJP Morgan Chase Com US$1 (US quote)COM0.10%$2M17.3K
48PGProcter & Gamble Co ComCOM0.08%$2M12.1K
49EXMOCExxon Mobil Corporation ComCOM0.08%$2M39.5K
50PPLTUSDAberdeen Standard Physical Platinum ETFPHYSCL PLATM SHS0.06%$1M13.9K

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 ↗.