SEC 13F Intelligence

Managers / Q2 2025 · view latest →

Waverton Investment Management Ltd

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

Reported Value
$7.3B
Q2 2025
Positions
105
Filings on Record
30
2019–present window
Filed
Aug 6, 2025
original filing

Summary

Waverton Investment Management Ltd reported $7.3B in U.S.-listed holdings across 105 positions for Q2 2025.

Its largest position, MSFT, represents 7.6% of the portfolio.

Compared with Q1 2025, the fund opened 6 new positions and exited 3.

Portfolio Metrics

Turnover
+8.0%
vs prior filed quarter
Top-10 Concentration
+46.6%
share of reported value
Largest Position
+7.6%
Microsoft Corporation Com US 0 00000625
New / Exited
6 / 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: 91.2%ADR: 3.8%Other: 3.6%ETP: 0.8%REIT: 0.6%
  • Common Stock · 91.2% · $6.6B
  • ADR · 3.8% · $274M
  • Other · 3.6% · $264M
  • ETP · 0.8% · $58M
  • REIT · 0.6% · $45M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
DALDelta Air Lines Inc Com US$0.0001NEW+22.5K22.5K+$1M$1M
LENLennar CorpNEW+9.5K9.5K+$1M$1M
BABoeing Co Com US$5.00NEW+4.0K4.0K+$848,293$848,293
NFLXNetflix Inc US$0.001NEW+314314+$420,397$420,397
OXYOccidental Petroleum Corp Com US$0.20 USA (Regd)NEW+7.5K7.5K+$315,038$315,038
CATCaterpillar Inc US$1NEW+562562+$218,087$218,087
IBKRInteractive Brokers Group IncADDED+4.24M4.44M+$213M$246M
ORLYO'Reilly Automotive Inc New $0.01ADDED+446.4K477.9K−$2M$43M

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

Holdings — Q2 2025

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MSFTMicrosoft Corporation Com US$0.00000625history →COM7.61%$553M1.11M
2AMZNAmazon.com Inc Com US$0.01history →COM5.80%$421M1.92M
3GOOGLAlphabet Inc US$0.001 'A'history →CAP STK CL A5.30%$385M2.18M
4VVisa Inc Com Stock US$0.0001history →COM CL A4.52%$328M925.4K
5SNPSSynopsys Inc US$0.01history →COM4.08%$297M578.3K
6CMECME Group Inc Com US$0.01 'A'history →COM4.02%$292M1.06M
7IBMIBM Com US$0.20history →COM3.90%$283M961.7K
8MRSHMarsh & McLennan Cos Inc Com US$1.00history →COM3.89%$283M1.29M
9GE AerospaceCOM NEW3.73%$271M1.05M
10TMOThermo Fisher Scientific COM US$1history →COM3.71%$270M665.0K
11TSMTaiwan Semiconductor Manufacturing ADS Rep 5 Ord TW$10history →SPONSORED ADS3.57%$259M1.14M
12AMDAdvanced Micro Deviceshistory →COM3.54%$257M1.81M
13GEVGE Vernova LLChistory →COM3.49%$253M478.5K
14AXPAmerican Express Co Com US$0.20history →COM3.39%$246M772.8K
15IBKRInteractive Brokers Group Inchistory →COM CL A3.39%$246M4.44M
16FERGFerguson Enterprises INC/DEhistory →COMMON STOCK NEW3.36%$244M1.12M
17INTUIntuit Inc Com US$0.01history →COM3.20%$233M295.3K
18YUMCYum China Holdings Inc. US$0.01history →COM2.65%$193M4.31M
19TE Connectivity PLCORD SHS2.56%$186M1.10M
20UNHUnitedHealth Group Com US$0.01history →COM2.48%$180M576.4K
21URIUnited Rentals Inc Com US$0.01history →COM2.41%$175M232.5K
22JPMJP Morgan Chase Com US$1 (US quote)history →COM1.93%$140M483.4K
23QCOMQualcomm Inc Com US$0.0001history →COM1.74%$127M794.6K
24AAPLApple Inc Comhistory →COM1.26%$91M444.5K
25SLBSchlumberger Com US$0.01history →COM STK1.14%$83M2.46M
26GEHCGE Healthcare Holding LLC COM USD0.01 WIhistory →COMMON STOCK1.08%$78M1.06M
27VMCVulcan Materials Com $1history →COM0.79%$57M220.2K
28MLB1Mercadolibre Inc Com US$0.001history →COM0.77%$56M21.3K
29ZTSZoetis Inc Com US$0.01 'A'history →CL A0.73%$53M339.9K
30AIGAmerican International Group Inc Com US$2.50history →COM NEW0.68%$49M576.7K
31PLDPrologis, Inc.history →COM0.62%$45M429.4K
32HCAHCA Healthcare Inchistory →COM0.60%$43M113.3K
33ORLYO'Reilly Automotive Inc New $0.01history →COM0.59%$43M477.9K
34TMUST-Mobile US Inchistory →COM0.59%$43M179.4K
35Valaris LtdCL A0.56%$40M959.9K
36NEMNewmont Mining Corp Com US$1.60history →COM0.55%$40M681.2K
37AWCAmerican Water Works Company Inc US$0.01history →COM0.54%$39M279.5K
38DHID.R. Horton Inc Com US$0.01history →COM0.52%$38M295.3K
39LNGCheniere Energy, Inchistory →COM NEW0.49%$35M145.5K
40BRK/BBerkshire Hathaway 'B' Com US$0.1667history →CL B NEW0.44%$32M65.7K
41PEPPepsico Inc Cap Stock US$0.0166history →COM0.39%$28M214.8K
42Linde Plc Com EUR0.001SHS0.34%$24M52.1K
43ALAir Lease Corphistory →CL A0.33%$24M405.8K
44PWRQuanta Services, Inchistory →COM0.32%$23M60.7K
45GQ9SPDR Gold Trust Shareshistory →GOLD SHS0.30%$22M72.2K
46Abrdn Physical Gold Shares ETFPHYSCL SWISS GLD0.27%$20M625.0K
47COFCapital One Financial Corp Com US$0.01history →COM0.23%$17M79.3K
48COSTCostco Wholesale Corp Com Stock US$0.005history →COM0.19%$14M13.7K
49ELEstee Lauder Co Inc 'A' Com US$0.01history →CL A0.17%$12M151.6K
50RenaissanceRe Holdings LtdCOM0.15%$11M45.3K

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 ↗.