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Focused investors/John Armitage

John Armitage - Egerton Capital

As of Q2 2026, John Armitage reported 23 long-equity positions worth $10.35B in aggregate.

Copy-investor backtest

Latest quarter
+2.23%
1-year
+10.55%
3-year
+60.98%
5-year
+47.81%
3-year vs S&P 500
-6.84%
5-year vs S&P 500
-20.31%
5-year top 5
+13.02%

Return from mechanically copying the disclosed 13F equity portfolio after each filing and rebalancing at the next. The vs S&P 500 figures subtract SPY over that manager's own rebalance dates, so both sides cover the same days; both are price return, excluding dividends. Method & limitations.

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All activity

This tab shows every position the manager opened, added to, reduced, or exited compared with the prior quarter, so you can see exactly what changed. The quarter shown is Q2 2026.

TickerSecurityActivity% portfolioSharesValueReported priceQ range
MDLNMEDLINE INCAdd +277.3%6.28%16,470,884$649.61M$39.44$32.82 - $49.13(41%)$44.00 -> $39.44
LINLINDE PLCReduce -71.8%1.51%300,854$156.13M$518.94$482.77 - $527.94(80%)$493.83 -> $518.94
AMATAPPLIED MATLS INCNew3.64%521,065$376.73M$723.00$337.25 - $739.67(96%)$353.80 -> $726.85
APHAMPHENOL CORPAdd +69.5%8.29%4,866,688$858.09M$176.32$118.01 - $178.52(96%)$127.70 -> $177.06
AMZNAMAZON COM INCAdd +51.2%8.23%3,573,408$851.69M$238.34$204.90 - $278.56(45%)$210.57 -> $238.72
EFXEQUIFAX INCNew2.27%1,481,188$235.09M$158.72$150.75 - $200.09(16%)$179.66 -> $158.72
IBKRINTERACTIVE BROKERS GROUP INReduce -34.2%3.47%4,129,416$359.42M$87.04$65.40 - $97.83(67%)$67.91 -> $87.04
CRHCFCRH PLCAdd +58.9%4.53%4,383,866$469.07M-
UBERUBER TECHNOLOGIES INCReduce -50.1%1.62%2,319,648$167.39M$72.16$67.19 - $80.83(36%)$71.71 -> $72.16
NVDANVIDIA CORPORATIONAdd +27.8%6.61%3,417,950$683.9M$200.09$171.37 - $236.54(44%)$175.75 -> $200.09
SPGIS&P GLOBAL INCNew1.38%351,920$143.32M$407.26$393.03 - $456.70(22%)$425.17 -> $407.26
VSTVISTRA CORPNew0.74%485,253$76.98M$158.63$132.66 - $171.35(67%)$153.96 -> $158.63
RIOTRIOT PLATFORMS INCNew0.70%2,628,731$71.97M$27.38$11.75 - $30.32(84%)$12.55 -> $27.38
ACGLARCH CAP GROUP LTDSold0$0-
CNQCANADIAN NAT RES LTD MED TERSold0$0-
CRSCARPENTER TECHNOLOGY CORPSold0$0-
CMECME GROUP INCSold0$0-
NYTNEW YORK TIMES CO MTN BESold0$0-
RNRRENAISSANCERE HLDGS LTDSold0$0-
FERGFERGUSON ENTERPRISES INCAdd +58.6%2.31%1,006,024$238.76M$237.33$214.44 - $268.95(42%)$239.06 -> $237.40
AWIARMSTRONG WORLD INDS INC NEWAdd +106.5%1.43%925,394$148.45M$160.42$151.19 - $182.55(29%)$165.73 -> $160.49
MCOMOODYS CORPAdd +10.3%7.46%1,704,229$771.88M$452.92$424.40 - $482.54(49%)$438.78 -> $452.92
VMCVULCAN MATLS COAdd +11.4%5.62%1,971,694$581.67M$295.01$252.42 - $321.16(62%)$280.13 -> $295.01
GOOGALPHABET INCReduce -4.9%11.24%3,291,594$1.16B$353.33$287.57 - $404.47(56%)$294.90 -> $353.33
VVISA INCAdd +3.7%14.13%4,264,651$1.46B$343.09$293.89 - $345.80(95%)$298.51 -> $343.09
MAMASTERCARD INCORPORATEDReduce -20.9%1.80%363,490$186.69M$513.60$464.52 - $534.21(70%)$491.65 -> $513.60
DVNDEVON ENERGY CORP NEWAdd +15.8%3.02%7,558,060$312.3M$41.32$41.27 - $51.95(1%)$48.59 -> $41.31
EMBJEMBRAER S.A.Add +13.8%2.09%3,384,349$215.92M$63.80$53.56 - $71.68(57%)$62.39 -> $63.78
LAMRLAMAR ADVERTISING COAdd +0.2%1.64%1,090,619$170.11M$155.98$124.70 - $158.69(92%)$126.01 -> $155.98