SEC 13F Intelligence

Managers / Q3 2023 · view latest →

Waverton Investment Management Ltd

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

Reported Value
$3.5B
Q3 2023
Positions
72
Filings on Record
30
2019–present window
Filed
Nov 6, 2023
original filing

Summary

Waverton Investment Management Ltd reported $3.5B in U.S.-listed holdings across 72 positions for Q3 2023.

Its largest position, MSFT, represents 6.9% of the portfolio.

Compared with Q2 2023, the fund opened 2 new positions and exited 3.

Portfolio Metrics

Turnover
+6.6%
vs prior filed quarter
Top-10 Concentration
+51.1%
share of reported value
Largest Position
+6.9%
Microsoft Corporation Com US 0 00000625
New / Exited
2 / 3
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: 85.5%Other: 10.4%ADR: 2.5%ETP: 0.9%REIT: 0.7%
  • Common Stock · 85.5% · $3.0B
  • Other · 10.4% · $360M
  • ADR · 2.5% · $87M
  • ETP · 0.9% · $31M
  • REIT · 0.7% · $25M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
LNGCheniere Energy, IncNEW+120.3K120.3K+$20M$20M
RenaissanceRe Holdings LtdNEW+25.7K25.7K+$5M$5M
ZTSZoetis Inc Com US$0.01 'A'ADDED+99.9K170.1K+$18M$30M
DWDPEURDuPont de Nemours Inc $0.01SOLD OUT−1.55M0−$111M$0
NFLXNetflix Inc US$0.001SOLD OUT−13.2K0−$6M$0
BMTABritish American Tobacco Ord 25p ADRSOLD OUT−11.0K0−$365,112$0
HONGBPHoneywell International Inc Com US$1.00TRIMMED−118.0K28.1K−$25M$5M
PLDPrologis, Inc.ADDED+94.5K218.7K+$9M$25M

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

Holdings — Q3 2023

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MSFTMicrosoft Corporation Com US$0.00000625history →COM6.86%$237M751.8K
2GOOGLAlphabet Inc US$0.001 'A'history →CAP STK CL A5.58%$193M1.48M
3VVisa Inc Com Stock US$0.0001history →COM CL A5.48%$189M823.0K
4Linde Plc Com EUR0.001SHS5.22%$181M484.8K
5UNHUnited Health Group Com US$0.01history →COM5.09%$176M349.2K
6MRSHMarsh & McLennan Cos Inc Com US$1.00history →COM4.93%$170M895.5K
7CMECME Group Inc Com US$0.01 'A'history →COM4.77%$165M824.5K
8COSTCostco Wholesale Corp Com Stock US$0.005history →COM4.57%$158M279.7K
9AMZNAmazon.com Inc Com US$0.01history →COM4.43%$153M1.21M
10TE Connectivity Ltd Com CHF1.37SHS4.12%$142M1.15M
11AMDAdvanced Micro Deviceshistory →COM4.05%$140M1.36M
12INTUIntuit Inc Com US$0.01history →COM3.88%$134M262.5K
13AXPAmerican Express Co Com US$0.20history →COM3.76%$130M872.0K
14IBMIBM Com US$0.20history →COM3.35%$116M824.6K
15QCOMQualcomm Inc Com US$0.0001history →COM3.30%$114M1.03M
16SNPSSynopsys Inc US$0.01history →COM2.51%$87M188.7K
17SLBSchlumberger Com US$0.01history →COM STK2.32%$80M1.37M
18TMUST-Mobile US Inchistory →COM2.29%$79M564.5K
19TSMTaiwan Semiconductor Manufacturing ADS Rep 5 Ord TW$10history →SPONSORED ADS2.00%$69M796.7K
20AAPLApple Inc Comhistory →COM1.81%$63M366.5K
21TMOThermo Fisher Scientific COM US$1history →COM1.80%$62M123.0K
22AIGAmerican International Group Inc Com US$2.50history →COM NEW1.24%$43M708.8K
23JPMJP Morgan Chase Com US$1 (US quote)history →COM1.19%$41M284.8K
24KOCoca-Cola Com US$0.25history →COM0.94%$32M580.2K
25Valaris LtdCL A0.90%$31M414.4K
26YUMCYum China Holdings Inc. US$0.01history →COM0.89%$31M549.3K
27BRK/BBerkshire Hathaway 'B' Com US$0.1667history →CL B NEW0.87%$30M85.8K
28ZTSZoetis Inc Com US$0.01 'A'history →CL A0.86%$30M170.1K
29VMCVulcan Materials Com $1history →COM0.84%$29M144.1K
30HCAHCA Healthcare Inchistory →COM0.83%$29M116.3K
31PLDPrologis, Inc.history →COM0.71%$25M218.7K
32MLB1Mercadolibre Inc Com US$0.001history →COM0.71%$24M19.3K
33DOVDover Corporation US$1history →COM0.69%$24M171.5K
34AWCAmerican Water Works Company Inc US$0.01history →COM0.66%$23M184.2K
35CMICummins Inc $2.50history →COM0.65%$22M98.3K
36LNGCheniere Energy, Inchistory →COM NEW0.58%$20M120.3K
37ORLYO'Reilly Automotive Inc New $0.01history →COM0.56%$19M21.3K
38PWRQuanta Services, Inchistory →COM0.46%$16M85.3K
39DHID.R. Horton Inc Com US$0.01history →COM0.36%$13M117.1K
40PEPPepsico Inc Cap Stock US$0.0166history →COM0.35%$12M71.5K
41Abrdn Physical Gold Shares ETFPHYSCL SWISS GLD0.35%$12M679.0K
42GQ9SPDR Gold Trust SharesGOLD SHS0.28%$10M57.1K
43CHVChevron Corporation Com US$0.75COM0.28%$10M58.0K
44BABAAlibaba Group Holdings Ltd Sponsored ADRSPONSORED ADS0.28%$10M110.9K
45HDHome Depot Inc Com US$0.05COM0.22%$8M25.0K
46FFC0Oaktree Specialty Com USD 0.01COM0.19%$7M334.8K
47INFYInfosys Ltd ADR Each Rep 1 Ord SharesSPONSORED ADR0.16%$5M319.0K
48PGProcter & Gamble Co ComCOM0.16%$5M36.9K
49HONGBPHoneywell International Inc Com US$1.00COM0.15%$5M28.1K
50SPGIS&P Global IncCOM0.15%$5M14.2K

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 ↗.