John Armitage
Egerton Capital · Co-Founder & CIO · Net worth: ~$2B
Co-founded Egerton in 1994 — one of Europe's most respected long-short equity funds. Armitage has delivered 15%+ annualized for three decades with a Buffett-style concentrated approach.
Concentration profile
Diversified
JEFTop-5 zoneTop-10John's single largest bet is JEF at 26.7% of tracked positions. Exposure is spread across a broader basket, reducing single-name risk.
Recent moves
Every tracked 13F move — buys, adds, trims, and exits — over the last two quarters.
| Ticker | Activity | % portfolio |
|---|---|---|
| UHAL | Add 18% | 0.30% |
| META | Add 15% Adding Meta. | 7.20% |
| MSFT | Add 12% Quality compounder add. | 8.90% |
| CGI | Add 10% | 0.30% |
| SCHW | Buy (new) New Schwab position. | 4.70% |
| AAPL | Sell (exit) | 0.00% |
| PLPC | Reduce 68% | 0.20% |
| AEM | Reduce 11% | 0.10% |
| FTI | Reduce 6% | 1.00% |
| Ticker | Activity | % portfolio |
|---|---|---|
| ORLA | Buy (new) | 0.00% |
| UHAL | Add 78% | 0.30% |
| CGI | Add 43% | 0.30% |
| GOOGL | Add 12% Adding Alphabet. | 6.80% |
| MSFT | Add 8% Steady Microsoft build. | 8.00% |
| AMKR | Reduce 91% | 0.10% |
| ASO | Reduce 42% | 0.50% |
| AEM | Reduce 21% | 0.20% |
| CVCO | Reduce 11% | 3.20% |
| FTI | Reduce 11% | 1.10% |
| Ticker | Activity | % portfolio |
|---|---|---|
| UHAL | Add 12% | 0.20% |
| CLF | Sell (exit) | 0.00% |
| MRK | Sell (exit) | 0.00% |
| AMKR | Reduce 22% | 0.70% |
| CVCO | Reduce 10% | 2.60% |
| FTI | Reduce 9% | 1.10% |
| AEM | Reduce 7% | 0.10% |
| Ticker | Activity | % portfolio |
|---|---|---|
| ASO | Add 17% | 0.90% |
| AMKR | Add 14% | 0.90% |
| CGI | Add 8% | 0.30% |
| CLF | Add 8% | 0.10% |
| CACI | Add 6% | 0.30% |
| SPOT | Reduce 72% | 0.80% |
| FTI | Reduce 59% | 1.30% |
| JEF | Reduce 16% | 3.70% |
| PLPC | Reduce 8% | 0.50% |
| Ticker | Activity | % portfolio |
|---|---|---|
| CLF | Add 41% | 0.10% |
| CACI | Add 6% | 0.30% |
| RDNT | Reduce 31% | 2.40% |
| MS | Reduce 7% | 0.10% |
| Ticker | Activity | % portfolio |
|---|---|---|
| CLF | Buy (new) | 0.10% |
| AER | Add 10% | 1.60% |
John's sector breakdown
How the top 10 positions are diversified across 2 sectors. Weighted by stated portfolio percentage.
Top holdings
| Ticker | Company | % Portfolio |
|---|---|---|
| JEF | JEFFERIES FINL GROUP INC | 26.7% |
 BLDR | BUILDERS FIRSTSOURCE INC | 6.2% |
 CVCO | CAVCO INDS INC DEL | 2.6% |
 AER | AERCAP HOLDINGS NV | 2.2% |
 RDNT | RADNET INC | 1.8% |
 LECO | LINCOLN ELEC HLDGS INC | 1.7% |
 TNL | TRAVEL PLUS LEISURE CO | 1.2% |
 FTI | TECHNIPFMC PLC | 1.0% |
 LPX | LOUISIANA PAC CORP | 0.9% |
 TECK | TECK RESOURCES INC | 0.7% |
Estimate your withholding on cross-border dividends
Estimates for educational purposes only. Tax rules change; consult a qualified tax professional for your specific situation. Dividend-tax treatment depends on holding period, account type (taxable vs. retirement), investor type (individual vs. pension vs. mutual fund), limitation-on-benefits tests, and other factors not modeled here.
Want John move-alerts?
One email per 13F filing. Summarizes every new position, exit, and trim.
Similar investors
Tracked managers whose top positions overlap with John's portfolio.
What John Armitage did, quarter by quarter
Full move-by-move breakdown for each of the last 8 filed quarters.
Data sourced from Egerton Capital 13F filings with the SEC. Approximate snapshot. Not investment advice.