SEC 13F Intelligence

Managers / Q1 2025 · view latest →

Waverton Investment Management Ltd

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

Reported Value
$6.5B
Q1 2025
Positions
102
Filings on Record
30
2019–present window
Filed
Apr 24, 2025
original filing

Summary

Waverton Investment Management Ltd reported $6.5B in U.S.-listed holdings across 102 positions for Q1 2025.

Its largest position, MSFT, represents 6.3% of the portfolio.

Compared with Q4 2024, the fund opened 6 new positions and exited 5.

Portfolio Metrics

Turnover
+4.1%
vs prior filed quarter
Top-10 Concentration
+46.5%
share of reported value
Largest Position
+6.3%
Microsoft Corporation Com US 0 00000625
New / Exited
6 / 5
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: 90.0%Other: 6.1%ADR: 2.4%ETP: 0.8%REIT: 0.7%
  • Common Stock · 90.0% · $5.8B
  • Other · 6.1% · $393M
  • ADR · 2.4% · $155M
  • ETP · 0.8% · $52M
  • REIT · 0.7% · $48M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
ALAir Lease CorpNEW+378.9K378.9K+$18M$18M
COFCapital One Financial Corp Com US$0.01NEW+35.6K35.6K+$6M$6M
RTXRaytheon Technology Com US$1NEW+2.0K2.0K+$260,205$260,205
GILDGilead Sciences Com US$0.001NEW+2.0K2.0K+$224,040$224,040
AMGNAmgen Inc Com US$0.0001NEW+714714+$222,418$222,418
EOGEOG Resources IncNEW+1.6K1.6K+$203,973$203,973
CRH PLCADDED+5.4K7.7K+$468,060$678,727
PFEPfizer Inc Com US$0.05SOLD OUT−19.4K0−$516,238$0

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

Holdings — Q1 2025

102 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MSFTMicrosoft Corporation Com US$0.00000625history →COM6.32%$408M1.09M
2AMZNAmazon.com Inc Com US$0.01history →COM5.31%$343M1.80M
3GOOGLAlphabet Inc US$0.001 'A'history →CAP STK CL A5.09%$329M2.13M
4VVisa Inc Com Stock US$0.0001history →COM CL A4.92%$318M906.7K
5TMOThermo Fisher Scientific COM US$1history →COM4.58%$296M594.7K
6MRSHMarsh & McLennan Cos Inc Com US$1.00history →COM4.55%$294M1.21M
7CMECME Group Inc Com US$0.01 'A'history →COM4.37%$282M1.06M
8UNHUnitedHealth Group Com US$0.01history →COM3.89%$252M480.4K
9QCOMQualcomm Inc Com US$0.0001history →COM3.82%$247M1.60M
10IBMIBM Com US$0.20history →COM3.70%$239M961.1K
11TE Connectivity PLCORD SHS3.47%$224M1.59M
12SNPSSynopsys Inc US$0.01history →COM3.34%$216M502.9K
13GE AerospaceCOM NEW3.28%$212M1.06M
14AXPAmerican Express Co Com US$0.20history →COM3.22%$208M773.7K
15YUMCYum China Holdings Inc. US$0.01history →COM3.22%$208M4.00M
16INTUIntuit Inc Com US$0.01history →COM2.78%$180M293.0K
17FERGFerguson Enterprises INC/DEhistory →COMMON STOCK NEW2.71%$175M1.09M
18AMDAdvanced Micro Deviceshistory →COM2.47%$159M1.55M
19GEVGE Vernova LLChistory →COM2.36%$152M499.0K
20TMUST-Mobile US Inchistory →COM2.35%$152M568.5K
21URIUnited Rentals Inc Com US$0.01history →COM2.19%$141M225.7K
22TSMTaiwan Semiconductor Manufacturing ADS Rep 5 Ord TW$10history →SPONSORED ADS2.16%$139M839.8K
23Linde Plc Com EUR0.001SHS1.74%$112M241.4K
24AAPLApple Inc Comhistory →COM1.61%$104M469.3K
25JPMJP Morgan Chase Com US$1 (US quote)history →COM1.60%$103M421.0K
26SLBSchlumberger Com US$0.01history →COM STK1.52%$98M2.34M
27GEHCGE Healthcare Holding LLC COM USD0.01 WIhistory →COMMON STOCK0.87%$56M699.7K
28ZTSZoetis Inc Com US$0.01 'A'history →CL A0.86%$55M336.4K
29VMCVulcan Materials Com $1history →COM0.77%$49M211.9K
30AIGAmerican International Group Inc Com US$2.50history →COM NEW0.75%$48M556.6K
31PLDPrologis, Inc.history →COM0.74%$48M429.4K
32ORLYO'Reilly Automotive Inc New $0.01history →COM0.70%$45M31.5K
33Valaris LtdCL A0.69%$44M1.13M
34PEPPepsico Inc Cap Stock US$0.0166history →COM0.66%$43M284.6K
35AWCAmerican Water Works Company Inc US$0.01history →COM0.64%$41M279.5K
36MLB1Mercadolibre Inc Com US$0.001history →COM0.63%$41M21.0K
37HCAHCA Healthcare Inchistory →COM0.61%$39M113.1K
38BRK/BBerkshire Hathaway 'B' Com US$0.1667history →CL B NEW0.58%$37M70.2K
39LNGCheniere Energy, Inchistory →COM NEW0.52%$34M145.5K
40IBKRInteractive Brokers Group Inchistory →COM CL A0.51%$33M197.5K
41DHID.R. Horton Inc Com US$0.01history →COM0.51%$33M257.3K
42NEMNewmont Mining Corp Com US$1.60history →COM0.50%$32M667.4K
43GQ9SPDR Gold Trust Shareshistory →GOLD SHS0.32%$21M71.2K
44ALAir Lease Corphistory →CL A0.28%$18M378.9K
45Abrdn Physical Gold Shares ETFPHYSCL SWISS GLD0.28%$18M612.3K
46PWRQuanta Services, Inchistory →COM0.24%$15M60.7K
47COSTCostco Wholesale Corp Com Stock US$0.005history →COM0.20%$13M13.7K
48RenaissanceRe Holdings LtdCOM0.16%$10M42.9K
49TPLTexas Pacific Land Corporation (TPL) $0.01COM0.15%$10M7.3K
50KOCoca-Cola Com US$0.25COM0.12%$8M111.1K
51HTHTH World Group LtdSPONSORED ADS0.12%$7M201.7K
52ELEstee Lauder Co Inc 'A' Com US$0.01CL A0.10%$7M101.0K
53COFCapital One Financial Corp Com US$0.01COM0.10%$6M35.6K
54GOOGAlphabet Inc US$0.001 'C'CAP STK CL C0.10%$6M39.4K
55First Trust Global Tactical Commodity Strategy ETFFST TR GLB FD0.08%$5M207.9K
56FPAFirst Trust Asia ex-Japan AlphaDEX ETF $ASIA EX JAPAN0.07%$5M160.9K
57INFYInfosys Ltd ADR Each Rep 1 Ord SharesSPONSORED ADR0.07%$4M241.8K
58EXMOCExxon Mobil Corporation ComCOM0.04%$2M19.8K
59MAMastercard Inc US$0.0001 Class 'A'CL A0.04%$2M4.2K
60BABAAlibaba Group Holdings Ltd Sponsored ADRSPONSORED ADS0.03%$2M17.0K
61NVDANvidia Corporation US$0.001COM0.03%$2M17.9K
62CHVChevron Corporation Com US$0.75COM0.03%$2M11.1K
63HDBHDFC Bank Ltd-AdrSPONSORED ADS0.03%$2M25.4K
64WRBW R Berkley Corp Com US$0.20COM0.02%$2M21.5K
65UNPUnion Pacific Corporation Com US$2.50COM0.02%$1M4.8K
66PGProcter & Gamble Co ComCOM0.02%$1M5.9K
67LMTLockheed Martin Corp Com US$1.00COM0.01%$957,8932.1K
68BACVerizon Communications Com US$0.10COM0.01%$929,62020.5K
69Wisdom Tree EM Small Cap Dividend ETFUS S CAP QTY DIV0.01%$909,38218.8K
70ICEIntercontinental Exchange Inc Com US$0.01COM0.01%$908,8475.3K
71MRKMerck & Co Inc Com US$0.50COM0.01%$887,1739.9K
72WMWaste Management Com US$0.01COM0.01%$871,2723.8K
73FNVFranco Nevada Corp Com NpvCOM0.01%$836,1165.3K
74CRMSalesforce Inc Com USD0.001COM0.01%$824,4713.1K
75HDHome Depot Inc Com US$0.05COM0.01%$698,1161.9K
76CRH PLCORD0.01%$678,7277.7K
77NDQInvesco QQQ Trust Unit Series 1UNIT SER 10.01%$666,8181.4K
78Wisdom Tree Japan Hedged ETFJAPN HEDGE EQT0.01%$640,6205.8K
79Credicorp Ltd US$5COM0.01%$595,7283.2K
80AVYAvery DennisonCOM0.01%$523,0412.9K
81CLColgate-Palmolive Co Com US$1.00COM0.01%$520,9135.6K
82SYKStryker Corp Com US$0.10COM0.01%$515,3461.4K
83SPGIS&P Global IncCOM0.01%$514,8721.0K
84DHRDanaher Corp. US$0.01COM0.01%$502,8982.5K
85DOVDover Corporation US$1COM0.01%$430,6002.5K
86CPCanadian Pac Kans Com NpvCOM0.01%$423,7886.0K
87First Trust United Kingdom AlphaDEX ETFUNIT KING ALPH0.01%$394,2859.8K
88iShares Russell 1000 GrowthRUS 1000 GRW ETF0.01%$384,6611.1K
89AVGOBroadcom Ltd $1COM0.01%$365,0522.2K
90iShares Trust S&P 500 Index FundCORE S&P500 ETF0.01%$362,351645
91Accenture Plc 'A' Ord USDSHS CLASS A0.01%$360,9211.2K
92HONGBPHoneywell International Inc Com US$1.00COM0.01%$360,6191.7K
93TJXTJX Cos Inc Com US$1COM0.00%$295,6212.4K
94BACBank of America Com US$0.01COM0.00%$272,7446.5K
95RTXRaytheon Technology Com US$1COM0.00%$260,2052.0K
96TRVCCitigroup Inc Com US$0.01COM NEW0.00%$252,1033.5K
97Vanguard Dividend Appreciation ETFDIV APP ETF0.00%$225,1761.2K
98GILDGilead Sciences Com US$0.001COM0.00%$224,0402.0K
99AMGNAmgen Inc Com US$0.0001COM0.00%$222,418714
100MCDMcDonald's Corporation Com US$0.01COM0.00%$218,905701

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 ↗.