Egerton Capital was founded in 1994 by John Armitage, a British-Irish billionaire. Egerton has $27.4 billion in discretionary assets under management, which includes over $21 billion in Q3 securities. To put it another way: most of the money in this fund is allocated to transportation, communications, financial services, and consumer discretionary spending. Alphabet Inc. and Meta Platforms, Inc. are two of the fund’s most notable holdings for the third quarter of its portfolio.
Here is Insider Monkey’s list of top stock picks of John Armitage’s Egerton Capital. The Comcast Corporation stake of John Armitage’s Egerton Capital increased by 61 percent in the third quarter. It has a $910.25 million stake in the company, which is 4.32 percent of the hedge fund’s third quarter investments. Canadian National Railway Company was purchased by Egerton Capital in the third quarter of 2021. Shares of the company were purchased for $916.45 million, or 4.35 percent of the fund’s third quarter investments. As was the case in previous years, CSX Corporation declared a dividend of $0.093 per share on October 7. On December 15th, 2021, the dividend was paid out. Revenue increased by 24.32 percent year-over-year to $3.29 billion during the quarter. The assets of Charles Schwab Corporation rose to $7.98 trillion in October as the company anticipates growth in its balance sheet in Q4. The company’s earnings per share came in at $0.84, which was $0.03 higher than expected. When it comes to supplying industrial gas, Linde Plc is a global company that specializes in medical gas and air separation, physical plant engineering, logistics, and more. Egerton Capital owns 3.5 million shares in the company, which are worth $1.05 billion to the company. For more details, click Top 10 Stock Picks Of John Armitage’s Egerton Capital.