SEC 13F Intelligence

Managers / Q2 2023 · view latest →

Waverton Investment Management Ltd

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

Reported Value
$3.5B
Q2 2023
Positions
73
Filings on Record
30
2019–present window
Filed
Aug 2, 2023
original filing

Summary

Waverton Investment Management Ltd reported $3.5B in U.S.-listed holdings across 73 positions for Q2 2023.

Its largest position, MSFT, represents 7.0% of the portfolio.

Compared with Q1 2023, the fund opened 2 new positions and exited 10.

Portfolio Metrics

Turnover
+5.9%
vs prior filed quarter
Top-10 Concentration
+49.3%
share of reported value
Largest Position
+7.0%
Microsoft Corporation Com US 0 00000625
New / Exited
2 / 10
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: 91.5%Other: 4.5%ADR: 2.7%ETP: 0.9%REIT: 0.4%
  • Common Stock · 91.5% · $3.2B
  • Other · 4.5% · $158M
  • ADR · 2.7% · $93M
  • ETP · 0.9% · $31M
  • REIT · 0.4% · $15M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
PLDPrologis, Inc.NEW+124.1K124.1K+$15M$15M
ZTSZoetis Inc Com US$0.01 'A'NEW+70.1K70.1K+$12M$12M
SLBSchlumberger Com US$0.01ADDED+816.2K863.4K+$40M$42M
BMYBristol-Myers Squibb Co Com US$0.10SOLD OUT−472.4K0−$33M$0
ODFLOld Dominion Freight Line, Inc Com US$0.10SOLD OUT−45.6K0−$16M$0
LEALear Corp Com US$0.01SOLD OUT−108.4K0−$15M$0
AMTAmerican Tower Corporation Com US$0.01SOLD OUT−72.9K0−$15M$0
BSXBoston Scientific Com US$0.01SOLD OUT−238.2K0−$12M$0

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

Holdings — Q2 2023

73 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MSFTMicrosoft Corporation Com US$0.00000625history →COM6.99%$246M722.2K
2VVisa Inc Com Stock US$0.0001history →COM CL A5.55%$195M822.9K
3LINLinde Plc Com EUR0.001history →SHS5.40%$190M499.3K
4GOOGLAlphabet Inc US$0.001 'A'history →CAP STK CL A4.97%$175M1.46M
5MRSHMarsh & McLennan Cos Inc Com US$1.00history →COM4.82%$169M901.1K
6TE Connectivity Ltd Com CHF1.37SHS4.49%$158M1.13M
7AMZNAmazon.com Inc Com US$0.01history →COM4.44%$156M1.20M
8CMECME Group Inc Com US$0.01 'A'history →COM4.25%$149M806.7K
9COSTCostco Wholesale Corp Com Stock US$0.005history →COM4.19%$147M273.9K
10AXPAmerican Express Co Com US$0.20history →COM4.15%$146M837.7K
11AMDAdvanced Micro Deviceshistory →COM4.10%$144M1.27M
12UNHUnited Health Group Com US$0.01history →COM3.85%$135M281.9K
13INTUIntuit Inc Com US$0.01history →COM3.42%$120M262.4K
14QCOMQualcomm Inc Com US$0.0001history →COM3.35%$118M991.1K
15DDDuPont de Nemours Inc $0.01history →COM3.15%$111M1.55M
16IBMIBM Com US$0.20history →COM2.95%$104M774.6K
17SNPSSynopsys Inc US$0.01history →COM2.67%$94M215.3K
18TMUST-Mobile US Inchistory →COM2.27%$80M575.4K
19TSMTaiwan Semiconductor Manufacturing ADS Rep 5 Ord TW$10history →SPONSORED ADS2.10%$74M732.4K
20AAPLApple Inc Comhistory →COM1.94%$68M351.5K
21TMOThermo Fisher Scientific COM US$1history →COM1.88%$66M126.7K
22SLBSchlumberger Com US$0.01history →COM STK1.21%$42M863.4K
23VMCVulcan Materials Com $1history →COM1.14%$40M178.6K
24JPMJP Morgan Chase Com US$1 (US quote)history →COM1.10%$39M266.2K
25CVXChevron Corporation Com US$0.75history →COM1.07%$38M239.3K
26AIGAmerican International Group Inc Com US$2.50history →COM NEW1.04%$36M634.1K
27HCAHCA Healthcare Inchistory →COM1.01%$35M116.6K
28KOCoca-Cola Com US$0.25history →COM0.89%$31M520.9K
29HONHoneywell International Inc Com US$1.00history →COM0.86%$30M146.1K
30BRK/BBerkshire Hathaway 'B' Com US$0.1667history →CL B NEW0.83%$29M85.7K
31YUMCYum China Holdings Inc. US$0.01history →COM0.83%$29M514.8K
32VALValaris Ltdhistory →CL A0.74%$26M414.6K
33DOVDover Corporation US$1history →COM0.72%$25M171.5K
34AWKAmerican Water Works Company Inc US$0.01history →COM0.67%$23M163.9K
35CMICummins Inc $2.50history →COM0.62%$22M89.3K
36PWRQuanta Services, Inchistory →COM0.61%$22M109.7K
37MELIMercadolibre Inc Com US$0.001history →COM0.58%$20M17.1K
38ORLYO'Reilly Automotive Inc New $0.01history →COM0.45%$16M16.7K
39PLDPrologis, Inc.history →COM0.43%$15M124.1K
40PEPPepsico Inc Cap Stock US$0.0166history →COM0.38%$13M72.0K
41ZTSZoetis Inc Com US$0.01 'A'history →CL A0.34%$12M70.1K
42Abrdn Physical Gold Shares ETFPHYSCL SWISS GLD0.33%$12M634.4K
43DHID.R. Horton Inc Com US$0.01history →COM0.32%$11M91.8K
44GLDSPDR Gold Trust SharesGOLD SHS0.28%$10M54.8K
45BABAAlibaba Group Holdings Ltd Sponsored ADRSPONSORED ADS0.26%$9M111.7K
46HDHome Depot Inc Com US$0.05COM0.23%$8M26.1K
47OCSLOaktree Specialty Com USD 0.01COM0.18%$7M334.8K
48NFLXNetflix Inc US$0.001COM0.16%$6M13.2K
49PGProcter & Gamble Co ComCOM0.16%$6M37.6K
50SPGIS&P Global IncCOM0.16%$6M14.0K
51INFYInfosys Ltd ADR Each Rep 1 Ord SharesSPONSORED ADR0.15%$5M319.0K
52GOOGAlphabet Inc US$0.001 'C'CAP STK CL C0.13%$5M39.2K
53BKRBaker Hughes Company US$0.0001 Class 'A'CL A0.13%$5M147.9K
54FTGCFirst Trust Global Tactical Commodity Strategy ETFFST TR GLB FD0.12%$4M189.5K
55SESea Limited ADS 'A' SharesSPONSORD ADS0.11%$4M67.4K
56FPAFirst Trust Asia ex-Japan AlphaDEX ETF $ASIA EX JAPAN0.10%$4M138.4K
57PINSPinterest Inc Com US$0.00001CL A0.10%$4M132.5K
58UNPUnion Pacific Corporation Com US$2.50COM0.10%$4M17.5K
59CRMSalesforce Inc Com USD0.001COM0.07%$3M12.3K
60EXMOCExxon Mobil Corporation ComCOM0.06%$2M20.7K
61AVYAvery DennisonCOM0.06%$2M12.4K
62CLColgate-Palmolive Co Com US$1.00COM0.04%$1M18.8K
63PFEPfizer Inc Com US$0.05COM0.04%$1M38.9K
64MRKMerck & Co Inc Com US$0.50COM0.04%$1M10.8K
65Activision Blizzard Inc Com US$0.000001COM0.03%$1M14.4K
66VZVerizon Communications Com US$0.10COM0.03%$1M31.0K
67DGRSWisdom Tree EM Small Cap Dividend ETFUS S CAP QTY DIV0.03%$975,93021.0K
68WRBW R Berkley Corp Com US$0.20COM0.02%$854,18414.3K
69LIVNLivaNova plc OrdSHS0.02%$750,65914.6K
70SHELShell Plc ADR Rep 2 Ord SharesSPON ADS0.02%$739,53412.2K
71FKUFirst Trust United Kingdom AlphaDEX ETFUNIT KING ALPH0.01%$381,77311.5K
72BTIBritish American Tobacco Ord 25p ADRSPONSORED ADR0.01%$365,11211.0K
73FTITechnipFMC plcCOM0.01%$324,38319.5K

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 ↗.