Artemis Investment Management LLP's Q2 2023 13F: 32 new positions, 40 exits
Form 13F-HR for the quarter ended Jun 30, 2023 · filed Jul 19, 2023 · 201 reported positions · accession 0001535385-23-000004
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Increased | EAGLE MATLS INC (EXP) | 0.8% | 2.5% | +1.7 pts | +600K sh | +137% |
| Reduced | WELLS FARGO CO NEW (WFC) | 2.1% | 1.1% | −1.0 pts | −2.55M sh | −56% |
| New | CSX CORP (CSX) | — | 1.4% | +1.4 pts | +3.17M sh | new |
| Reduced | JACOBS SOLUTIONS INC (J) | 1.7% | 0.4% | −1.3 pts | −928K sh | −77% |
| New | MOODYS CORP (MCO) | — | 1.2% | +1.2 pts | +275K sh | new |
| Reduced | BRISTOL-MYERS SQUIBB CO (BMY) | 1.3% | 0.0% | −1.3 pts | −1.49M sh | −97% |
| Reduced | MERCK & CO INC (MRK) | 1.8% | 0.8% | −0.9 pts | −778K sh | −58% |
| Reduced | PG&E CORP (PCG) | 2.4% | 1.7% | −0.7 pts | −4.26M sh | −35% |
| New | INDIVIOR PLC (INDV) | — | 0.9% | +0.9 pts | +3.15M sh | new |
| Exited | T-MOBILE US INC (TMUS) | 0.9% | — | −0.9 pts | −499K sh | −100% |
| New | ACTIVISION BLIZZARD INC (ATVI) | — | 0.8% | +0.8 pts | +719K sh | new |
| Reduced | POOL CORP (POOL) | 1.3% | 0.7% | −0.6 pts | −158K sh | −50% |
| Reduced | COPART INC (CPRT) | 1.0% | 0.6% | −0.4 pts | −599K sh | −54% |
| New | LILLY ELI & CO (LLY) | — | 0.7% | +0.7 pts | +116K sh | new |
| Increased | DEXCOM INC (DXCM) | 0.0% | 0.7% | +0.7 pts | +416K sh | +3247% |
| Reduced | ADVANCED MICRO DEVICES INC (AMD) | 1.1% | 0.6% | −0.5 pts | −474K sh | −54% |
| Increased | NVIDIA CORPORATION (NVDA) | 1.2% | 2.6% | +1.4 pts | +121K sh | +33% |
| Reduced | PHILLIPS 66 (PSX) | 0.7% | 0.1% | −0.6 pts | −514K sh | −89% |
| Reduced | PLANET FITNESS INC (PLNT) | 1.1% | 0.4% | −0.7 pts | −720K sh | −62% |
| Reduced | WILLSCOT MOBIL MINI HLDNG CO (WSC) | 1.0% | 0.5% | −0.5 pts | −1.07M sh | −55% |
| Reduced | SKYWORKS SOLUTIONS INC (SWKS) | 0.8% | 0.1% | −0.6 pts | −432K sh | −81% |
| Reduced | DARLING INGREDIENTS INC (DAR) | 0.8% | 0.3% | −0.5 pts | −742K sh | −65% |
| Reduced | DOLLAR TREE INC (DLTR) | 0.7% | 0.1% | −0.6 pts | −327K sh | −85% |
| Reduced | ELEVANCE HEALTH INC (ELV) | 0.8% | 0.2% | −0.6 pts | −105K sh | −71% |
| New | WESCO INTL INC (WCC) | — | 0.6% | +0.6 pts | +259K sh | new |
| Reduced | INTUIT (INTU) | 1.4% | 0.9% | −0.5 pts | −101K sh | −40% |
| New | NVENT ELECTRIC PLC (NVT) | — | 0.6% | +0.6 pts | +881K sh | new |
| Reduced | LINDE PLC (LIN) | 1.7% | 1.1% | −0.6 pts | −128K sh | −35% |
| New | JOHNSON & JOHNSON (JNJ) | — | 0.6% | +0.6 pts | +274K sh | new |
| Exited | WEYERHAEUSER CO MTN BE (WY) | 0.6% | — | −0.6 pts | −1.56M sh | −100% |
| Increased | EQUIFAX INC (EFX) | 0.1% | 0.7% | +0.6 pts | +192K sh | +441% |
| Reduced | ORACLE CORP (ORCL) | 1.4% | 1.3% | −0.1 pts | −378K sh | −31% |
| Increased | MONDELEZ INTL INC (MDLZ) | 0.4% | 1.0% | +0.6 pts | +609K sh | +143% |
| Reduced | ALPHABET INC (GOOG) | 2.1% | 2.0% | −0.1 pts | −341K sh | −21% |
| Exited | COSTCO WHSL CORP NEW (COST) | 0.5% | — | −0.5 pts | −84,377 sh | −100% |
| Exited | THE CIGNA GROUP (CI) | 0.5% | — | −0.5 pts | −160K sh | −100% |
| Increased | AMAZON COM INC (AMZN) | 2.7% | 4.0% | +1.3 pts | +303K sh | +14% |
| New | BLACKSTONE INC (BX) | — | 0.5% | +0.5 pts | +424K sh | new |
| Exited | PPL CORP (PPL) | 0.5% | — | −0.5 pts | −1.43M sh | −100% |
| Reduced | ENVISTA HOLDINGS CORPORATION (NVST) | 0.7% | 0.1% | −0.6 pts | −1.13M sh | −81% |
| Increased | ZOETIS INC (ZTS) | 0.4% | 0.9% | +0.5 pts | +215K sh | +116% |
| Exited | CONOCOPHILLIPS (COP) | 0.5% | — | −0.5 pts | −384K sh | −100% |
| New | WALMART INC (WMT) | — | 0.5% | +0.5 pts | +228K sh | new |
| Reduced | ARCHER DANIELS MIDLAND CO (ADM) | 0.8% | 0.3% | −0.5 pts | −464K sh | −60% |
| Reduced | NEXTERA ENERGY INC (NEE) | 0.5% | 0.1% | −0.4 pts | −455K sh | −90% |
| Reduced | FLUOR CORP NEW (FLR) | 0.5% | 0.1% | −0.4 pts | −1.14M sh | −87% |
| Reduced | CLEAN HARBORS INC (CLH) | 2.1% | 2.2% | 0.0 pts | −201K sh | −16% |
| Increased | MICROSOFT CORP (MSFT) | 4.3% | 5.7% | +1.4 pts | +96,053 sh | +8% |
| Increased | MCKESSON CORP (MCK) | 1.0% | 1.6% | +0.6 pts | +75,357 sh | +34% |
| New | TRANSUNION (TRU) | — | 0.4% | +0.4 pts | +410K sh | new |
The 50 largest of 240 changes, by size of the trade. Full holdings for this quarter.
Reported by the fund in its Form 13F filed with the SEC; holdings are as of the quarter-end report date and may have changed since. For informational purposes only — not investment advice or a recommendation to buy or sell any security. FilingExplorer is not affiliated with or endorsed by this fund. How this brief is compiled
Top 10 positions — 29.1% of the equity book
Changes in the top 10 this quarter: NVDA entered · EXP entered · BLDR entered · PCG left · WFC left · MRK left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | MICROSOFT CORP (MSFT) | 4.3% | 5.7% | |
| 2 | AMAZON COM INC (AMZN) | 2.7% | 4.0% | |
| 3 | META PLATFORMS INC (META) | 2.6% | 3.3% | |
| 4 | CONSTELLATION ENERGY CORP (CEG) | 2.5% | 3.0% | |
| 5 | NVIDIA CORPORATION (NVDA) | 1.2% | 2.6% | Entered the top 10 |
| 6 | EAGLE MATLS INC (EXP) | 0.8% | 2.5% | Entered the top 10 |
| 7 | CLEAN HARBORS INC (CLH) | 2.1% | 2.2% | |
| 8 | APPLE INC (AAPL) | 2.0% | 2.1% | |
| 9 | ALPHABET INC (GOOG) | 2.1% | 2.0% | |
| 10 | BUILDERS FIRSTSOURCE INC (BLDR) | 0.9% | 1.8% | Entered the top 10 |
| — | PG&E CORP (PCG) | 2.4% | 1.7% | Left the top 10 |
| — | WELLS FARGO CO NEW (WFC) | 2.1% | 1.1% | Left the top 10 |
| — | MERCK & CO INC (MRK) | 1.8% | 0.8% | Left the top 10 |
Weights are each position's reported value as a share of the fund's reported equity positions (options and principal-amount holdings excluded).
Option positions (puts and calls)
Reported separately from the positions above. The value a 13F reports for an option is that of the underlying shares, not the option itself.
| Activity | Security | Type | Shares before | Shares now | Reported value |
|---|---|---|---|---|---|
| New | DOW INC (DOW) | Call | 0 | 1.69M | $89.4M |
| New | NVIDIA CORPORATION (NVDA) | Call | 0 | 84,900 | $35.8M |
| Exited | BANK AMERICA CORP (BAC) | Call | 836K | 0 | $0 |
| New | ACTIVISION BLIZZARD INC (ATVI) | Call | 0 | 278K | $23.4M |
| Exited | WILLSCOT MOBIL MINI HLDNG CO (WSC) | Put | 244K | 0 | $0 |