Lansdowne Partners (Alex Snow, Sir Paul Ruddock retired) discloses updated portfolio positions in 13F filing: New HAS position, large BAC stake increase, sold most of its V position
Highlights from 2016 Q4 filing as compared to 2016 Q3 filing:
- New positions in: HAS (~1.4 mln shares), ADNT (~0.24 mln - JCI spinoff), COG (~0.24 mln), FSLR (~0.08 mln), ECA (~0.05 mln), NEE (~0.05 mln)
- Increased positions in: BAC (to ~30.5 mln shares from ~0.08 mln shares), SPWR (to ~0.29 mln from ~0.05 mln), JCI (to ~0.42 mln from ~0.31 mln), CRM (to ~0.13 mln from ~0.11 mln)
- Maintained positions in: DAL (~26.19 mln shares), LB (~10.42 mln shares), FB (~5.41 mln shares), GOOGL (~1.28 mln shares)
- Closed positions in: AES (from ~0.41 mln shares), AMD (from ~0.11 mln), BWA (from ~0.08 mln)
- Decreased positions in: V (to ~1.42 mln shares from ~7.52 mln shares), NKE (to ~17.05 mln from ~20.71 mln), JPM (to ~21.21 mln from ~23.96 mln), CMCSA (to ~21.37 mln from ~23.89 mln), C (to ~6.05 mln from ~7.89 mln), DIS (to ~8.11 mln from ~9.59 mln), AMZN (to ~1.47 mln from ~1.8 mln), IR (to ~0.07 mln from ~0.2 mln), CNQ (to ~0.17 mln from ~0.25 mln)