Ardevora Asset Management LLP

LONDON, X0 · CIK 1608108 · 13F filing filed 2024-02-01

No investment adviser registration (Form ADV) found for this filer. It may be a parent company whose subsidiaries are the registered advisers, a bank or insurer, or a manager based outside the US.

Others nearbyLondon

$1.1bn reported value -44.8% vs Q3 2023

96positions

23.7%in top 10

3 new 3 added 90 reduced 25 sold out vs Q3 2023

Holdings, Q4 2023

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	NVIDIA CORPORATION COM NVDA	NVDA	69,986	$34.7m3.09%	3.09%	Reduced -69.0k	-69,032 -49.7%
2	MICROSOFT CORP COM MSFT	MSFT	91,127	$34.3m3.05%	3.05%	Reduced -106.7k	-106,729 -53.9%
3	APPLE INC COM AAPL	AAPL	173,372	$33.4m2.97%	2.97%	Reduced -195.2k	-195,165 -53.0%
4	AMAZON COM INC COM AMZN	AMZN	211,455	$32.1m2.86%	2.86%	Reduced -192.1k	-192,115 -47.6%
5	META PLATFORMS INC CL A META	META	65,955	$23.3m2.08%	2.08%	Reduced -66.6k	-66,551 -50.2%
6	ALPHABET INC CAP STK CL A GOOGL	GOOGL	164,560	$23.0m2.05%	2.05%	Reduced -161.8k	-161,762 -49.6%
7	ALPHABET INC CAP STK CL C GOOG	GOOG	162,829	$22.9m2.04%	2.04%	Reduced -161.6k	-161,638 -49.8%
8	MASTERCARD INCORPORATED CL A MA	MA	53,304	$22.7m2.02%	2.02%	Reduced -49.6k	-49,602 -48.2%
9	VISA INC COM CL A V	V	86,037	$22.4m1.99%	1.99%	Reduced -89.1k	-89,072 -50.9%
10	MERCK & CO INC COM MRK	MRK	157,288	$17.1m1.53%	1.53%	Reduced -119.1k	-119,118 -43.1%
11	COSTCO WHSL CORP NEW COM COST	COST	25,796	$17.0m1.52%	1.52%	Reduced -29.6k	-29,623 -53.5%
12	JPMORGAN CHASE & CO COM JPM	JPM	99,857	$17.0m1.51%	1.51%	Reduced -78.0k	-78,045 -43.9%
13	WELLS FARGO CO NEW COM WFC	WFC	341,090	$16.8m1.49%	1.49%	Reduced -392.9k	-392,897 -53.5%
14	WASTE MGMT INC DEL COM WM	WM	92,958	$16.6m1.48%	1.48%	Reduced -100.3k	-100,308 -51.9%
15	MCDONALDS CORP COM MCD	MCD	56,101	$16.6m1.48%	1.48%	Reduced -56.1k	-56,104 -50.0%
16	PEPSICO INC COM PEP	PEP	97,280	$16.5m1.47%	1.47%	Reduced -78.5k	-78,458 -44.6%
17	MONDELEZ INTL INC CL A MDLZ	MDLZ	227,895	$16.5m1.47%	1.47%	Reduced -202.3k	-202,275 -47.0%
18	LINDE PLC SHS LIN	LIN	40,064	$16.5m1.47%	1.47%	Reduced -42.2k	-42,158 -51.3%
19	COCA COLA CO COM KO	KO	277,640	$16.4m1.46%	1.46%	Reduced -255.4k	-255,370 -47.9%
20	MARSH & MCLENNAN COS INC COM MRSH	MRSH	85,562	$16.2m1.44%	1.44%	Reduced -76.5k	-76,527 -47.2%
21	PAYCHEX INC COM PAYX	PAYX	131,324	$15.6m1.39%	1.39%	Reduced -136.1k	-136,130 -50.9%
22	EXXON MOBIL CORP COM XOM	XOM	151,817	$15.2m1.35%	1.35%	Reduced -50.9k	-50,868 -25.1%
23	ELI LILLY & CO COM LLY	LLY	23,952	$14.0m1.24%	1.24%	Reduced -11.2k	-11,228 -31.9%
24	ANSYS INC COM ANSS	ANSS	35,836	$13.0m1.16%	1.16%	Added +1.5k	+1,494 4.3%
25	APPLIED MATLS INC COM AMAT	AMAT	73,523	$11.9m1.06%	1.06%	Reduced -8.2k	-8,223 -10.1%
26	QUANTA SVCS INC COM PWR	PWR	54,873	$11.8m1.05%	1.05%	Reduced -4.4k	-4,440 -7.5%
27	NETFLIX INC COM NFLX	NFLX	24,273	$11.8m1.05%	1.05%	Reduced -5.2k	-5,193 -17.6%
28	DEXCOM INC COM DXCM	DXCM	94,095	$11.7m1.04%	1.04%	Reduced -19.9k	-19,882 -17.4%
29	SCHLUMBERGER LTD COM STK SLB	SLB	223,764	$11.6m1.04%	1.04%	Reduced -248.5k	-248,530 -52.6%
30	CHIPOTLE MEXICAN GRILL INC COM CMG	CMG	5,081	$11.6m1.03%	1.03%	Reduced -276	-276 -5.2%
31	VERTEX PHARMACEUTICALS INC COM VRTX	VRTX	28,349	$11.5m1.03%	1.03%	Reduced -26.3k	-26,300 -48.1%
32	BROADCOM INC COM AVGO	AVGO	10,331	$11.5m1.03%	1.03%	Reduced -13.6k	-13,611 -56.9%
33	STRYKER CORPORATION COM SYK	SYK	38,510	$11.5m1.03%	1.03%	Added +60	+60 0.2%
34	DEERE & CO COM DE	DE	28,614	$11.4m1.02%	1.02%	Reduced -20.7k	-20,673 -41.9%
35	KLA CORP COM NEW KLAC	KLAC	19,610	$11.4m1.01%	1.01%	Reduced -24.2k	-24,220 -55.3%
36	VALERO ENERGY CORP COM VLO	VLO	86,540	$11.2m1.00%	1.00%	Reduced -36.3k	-36,316 -29.6%
37	PAYLOCITY HLDG CORP COM PCTY	PCTY	67,859	$11.2m1.00%	1.00%	Reduced -37.1k	-37,111 -35.4%
38	AMPHENOL CORP CL A APH	APH	112,591	$11.2m0.99%	0.99%	Reduced -260.4k	-260,368 -69.8%
39	ADOBE INC COM ADBE	ADBE	18,700	$11.2m0.99%	0.99%	Reduced -28.4k	-28,430 -60.3%
40	SMUCKER J M CO COM NEW SJM	SJM	88,200	$11.1m0.99%	0.99%	New
41	RESMED INC COM RMD	RMD	64,746	$11.1m0.99%	0.99%	Reduced -73.6k	-73,562 -53.2%
42	HENRY SCHEIN INC COM HSIC	HSIC	146,860	$11.1m0.99%	0.99%	Reduced -104.2k	-104,173 -41.5%
43	GRAINGER W W INC COM GWW	GWW	13,364	$11.1m0.99%	0.99%	New
44	MICROCHIP TECHNOLOGY INC. COM MCHP	MCHP	122,523	$11.0m0.98%	0.98%	Reduced -132.1k	-132,094 -51.9%
45	ROPER TECHNOLOGIES INC COM ROP	ROP	20,257	$11.0m0.98%	0.98%	Reduced -25.0k	-25,011 -55.2%
46	REPUBLIC SVCS INC COM RSG	RSG	66,855	$11.0m0.98%	0.98%	Reduced -63.7k	-63,726 -48.8%
47	CENCORA INC COM COR	COR	53,448	$11.0m0.98%	0.98%	Reduced -44.5k	-44,544 -45.5%
48	AIRBNB INC COM CL A ABNB	ABNB	80,338	$10.9m0.97%	0.97%	Reduced -84.7k	-84,725 -51.3%
49	MARATHON OIL CORP COM MRO	MRO	449,551	$10.9m0.97%	0.97%	Added +76.2k	+76,210 20.4%
50	SERVICENOW INC COM NOW	NOW	15,333	$10.8m0.96%	0.96%	Reduced -17.7k	-17,679 -53.5%
51	CINTAS CORP COM CTAS	CTAS	17,974	$10.8m0.96%	0.96%	Reduced -18.0k	-17,968 -50.0%
52	TRANSDIGM GROUP INC COM TDG	TDG	10,682	$10.8m0.96%	0.96%	Reduced -462	-462 -4.2%
53	WORKDAY INC CL A WDAY	WDAY	38,926	$10.7m0.96%	0.96%	Reduced -6.4k	-6,445 -14.2%
54	CHENIERE ENERGY INC COM NEW LNG	LNG	62,848	$10.7m0.96%	0.96%	Reduced -49.4k	-49,353 -44.0%
55	LIVE NATION ENTERTAINMENT IN COM LYV	LYV	114,130	$10.7m0.95%	0.95%	Reduced -121.3k	-121,268 -51.5%
56	EDWARDS LIFESCIENCES CORP COM EW	EW	139,106	$10.6m0.94%	0.94%	Reduced -124.3k	-124,323 -47.2%
57	LIBERTY MEDIA CORP DEL COM LBTY ONE S C FWONK	FWONK	167,620	$10.6m0.94%	0.94%	Reduced -143.2k	-143,201 -46.1%
58	BOSTON SCIENTIFIC CORP COM BSX	BSX	182,900	$10.6m0.94%	0.94%	Reduced -173.0k	-172,956 -48.6%
59	ROLLINS INC COM ROL	ROL	240,267	$10.5m0.93%	0.93%	Reduced -251.5k	-251,528 -51.1%
60	AMETEK INC COM AME	AME	63,207	$10.4m0.93%	0.93%	Reduced -54.1k	-54,070 -46.1%
61	MCKESSON CORP COM MCK	MCK	22,365	$10.4m0.92%	0.92%	Reduced -14.7k	-14,715 -39.7%
62	BOOZ ALLEN HAMILTON HLDG COR CL A BAH	BAH	80,000	$10.2m0.91%	0.91%	Reduced -77.8k	-77,800 -49.3%
63	OREILLY AUTOMOTIVE INC COM ORLY	ORLY	10,754	$10.2m0.91%	0.91%	Reduced -8.0k	-7,973 -42.6%
64	GILEAD SCIENCES INC COM GILD	GILD	125,943	$10.2m0.91%	0.91%	Reduced -110.3k	-110,281 -46.7%
65	AON PLC SHS CL A AON	AON	34,516	$10.0m0.89%	0.89%	Reduced -27.5k	-27,513 -44.4%
66	WILLIAMS COS INC COM WMB	WMB	287,441	$10.0m0.89%	0.89%	Reduced -286.5k	-286,473 -49.9%
67	MERCADOLIBRE INC COM MELI	MELI	6,369	$10.0m0.89%	0.89%	Reduced -1.5k	-1,514 -19.2%
68	LOCKHEED MARTIN CORP COM LMT	LMT	19,129	$8.7m0.77%	0.77%	Reduced -14.9k	-14,928 -43.8%
69	MONDAY COM LTD SHS MNDY	MNDY	39,945	$7.5m0.67%	0.67%	Reduced -23.1k	-23,076 -36.6%
70	ADVANCED MICRO DEVICES INC COM AMD	AMD	45,245	$6.7m0.59%	0.59%	Reduced -80.1k	-80,058 -63.9%
71	FORTINET INC COM FTNT	FTNT	108,764	$6.4m0.57%	0.57%	Reduced -92.6k	-92,646 -46.0%
72	LAM RESEARCH CORP COM COM		8,041	$6.3m0.56%	0.56%	Reduced -11.4k	-11,355 -58.5%
73	LULULEMON ATHLETICA INC COM LULU	LULU	12,003	$6.1m0.55%	0.55%	Reduced -15.9k	-15,890 -57.0%
74	PINTEREST INC CL A PINS	PINS	164,598	$6.1m0.54%	0.54%	Reduced -243.7k	-243,745 -59.7%
75	HUBSPOT INC COM HUBS	HUBS	10,487	$6.1m0.54%	0.54%	Reduced -8.5k	-8,480 -44.7%
76	CADENCE DESIGN SYSTEM INC COM CDNS	CDNS	22,180	$6.0m0.54%	0.54%	Reduced -24.8k	-24,792 -52.8%
77	IDEXX LABS INC COM IDXX	IDXX	10,883	$6.0m0.54%	0.54%	Reduced -12.0k	-12,011 -52.5%
78	EXACT SCIENCES CORP COM EXAS	EXAS	80,461	$6.0m0.53%	0.53%	Reduced -59.8k	-59,792 -42.6%
79	HESS CORP COM HES	HES	41,258	$5.9m0.53%	0.53%	Reduced -35.0k	-34,955 -45.9%
80	MSCI INC COM MSCI	MSCI	10,347	$5.9m0.52%	0.52%	Reduced -8.3k	-8,342 -44.6%
81	THE TRADE DESK INC COM CL A TTD	TTD	79,033	$5.7m0.51%	0.51%	Reduced -56.8k	-56,750 -41.8%
82	HYATT HOTELS CORP COM CL A H	H	43,560	$5.7m0.51%	0.51%	Reduced -44.4k	-44,364 -50.5%
83	SYNOPSYS INC COM SNPS	SNPS	10,978	$5.7m0.50%	0.50%	Reduced -13.2k	-13,205 -54.6%
84	COPART INC COM CPRT	CPRT	114,990	$5.6m0.50%	0.50%	Reduced -107.9k	-107,934 -48.4%
85	NUCOR CORP COM NUE	NUE	32,360	$5.6m0.50%	0.50%	New
86	WEST PHARMACEUTICAL SVSC INC COM WST	WST	15,945	$5.6m0.50%	0.50%	Reduced -11.5k	-11,511 -41.9%
87	ROSS STORES INC COM ROST	ROST	40,389	$5.6m0.50%	0.50%	Reduced -51.8k	-51,768 -56.2%
88	EOG RES INC COM EOG	EOG	45,379	$5.5m0.49%	0.49%	Reduced -30.5k	-30,466 -40.2%
89	CONOCOPHILLIPS COM COP	COP	47,157	$5.5m0.49%	0.49%	Reduced -35.7k	-35,660 -43.1%
90	DEVON ENERGY CORP NEW COM DVN	DVN	120,435	$5.5m0.49%	0.49%	Reduced -255.8k	-255,778 -68.0%
91	APA CORPORATION COM APA	APA	150,822	$5.4m0.48%	0.48%	Reduced -273.6k	-273,649 -64.5%
92	GE AEROSPACE COM NEW GE	GE	42,100	$5.4m0.48%	0.48%	Reduced -101.2k	-101,156 -70.6%
93	OCCIDENTAL PETE CORP COM OXY	OXY	88,526	$5.3m0.47%	0.47%	Reduced -47.0k	-47,017 -34.7%
94	PG&E CORP COM PCG	PCG	285,900	$5.2m0.46%	0.46%	Reduced -271.8k	-271,800 -48.7%
95	HILTON WORLDWIDE HLDGS INC COM HLT	HLT	2,486	$453.0k0.04%	0.04%	Reduced -121.2k	-121,197 -98.0%
96	INTUITIVE SURGICAL INC COM NEW ISRG	ISRG	1,300	$439.0k0.04%	0.04%	Reduced -33.3k	-33,258 -96.2%

Sold out since Q3 2023

Security	Ticker	Shares held before	Value then
ANALOG DEVICES INC ADI	ADI	105,314	$18.4m105.3k shares
KINDER MORGAN INC DEL KMI	KMI	1,078,548	$17.9m1.1m shares
IPG PHOTONICS CORP IPGP	IPGP	172,038	$17.5m172.0k shares
RELIANCE INC RS	RS	41,425	$10.9m41.4k shares
STARBUCKS CORP SBUX	SBUX	111,796	$10.2m111.8k shares
KEYSIGHT TECHNOLOGIES INC KEYS	KEYS	75,287	$10.0m75.3k shares
DARDEN RESTAURANTS INC DRI	DRI	68,572	$9.8m68.6k shares
INTERPUBLIC GROUP COS INC IPG	IPG	339,209	$9.7m339.2k shares
ONE GAS INC OGS	OGS	140,207	$9.6m140.2k shares
HCA HEALTHCARE INC HCA	HCA	35,615	$8.8m35.6k shares
SERVICE CORP INTL SCI	SCI	53,798	$3.1m53.8k shares
AGILENT TECHNOLOGIES INC A	A	27,138	$3.0m27.1k shares
EAST WEST BANCORP INC EWBC	EWBC	57,391	$3.0m57.4k shares
FIRST FINL BANKSHARES INC FFIN	FFIN	114,466	$2.9m114.5k shares
BJS WHSL CLUB HLDGS INC BJ	BJ	33,025	$2.4m33.0k shares
ENPHASE ENERGY INC ENPH	ENPH	13,900	$1.7m13.9k shares
FREEPORT-MCMORAN INC FCX	FCX	43,876	$1.6m43.9k shares
TRACTOR SUPPLY CO TSCO	TSCO	7,770	$1.6m7.8k shares
CULLEN FROST BANKERS INC CFR	CFR	11,725	$1.1m11.7k shares
AMDOCS LTD DOX	DOX	11,291	$954.0k11.3k shares
BLOCK INC XYZ	XYZ	17,711	$784.0k17.7k shares
SEA LTD SE	SE	13,383	$588.0k13.4k shares
AMEREN CORP AEE	AEE	7,100	$531.0k7.1k shares
ABCAM PLC		12,136	$275.0k12.1k shares
LIBERTY MEDIA CORP DEL		1,199	$38.0k1.2k shares