Waverton Investment Management Ltd Buys Intuit Inc, The Home Depot Inc, Union Pacific Corp, Sells Lockheed Martin Corp, Korea Electric Power Corp, Applied Materials Inc

• New Purchases: INTU, HD, BABA,
• Added Positions: UNP, T, JPM, SLB, CRM, HON, BDX, BIDU, ABT, EOG,
• Reduced Positions: LMT, ATVI, GOOGL, AAPL, KEP, BIIB, AMZN, GOOG, VZ, MMC,
• Sold Out: AMAT,

For the details of Waverton Investment Management Ltd's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Waverton+Investment+Management+Ltd

1. Microsoft Corp (MSFT) - 1,476,325 shares, 8.3% of the total portfolio. Shares added by 0.74%
2. Amazon.com Inc (AMZN) - 75,928 shares, 7.48% of the total portfolio. Shares reduced by 2.12%
3. Apple Inc (AAPL) - 590,415 shares, 6.55% of the total portfolio. Shares reduced by 7.37%
4. Becton, Dickinson and Co (BDX) - 477,073 shares, 6.12% of the total portfolio. Shares added by 4.42%
5. Visa Inc (V) - 760,086 shares, 5.61% of the total portfolio. Shares added by 0.88%

Waverton Investment Management Ltd initiated holding in Intuit Inc. The purchase prices were between $202.68 and $228.18, with an estimated average price of $214.84. The stock is now traded at around $229.30. The impact to a portfolio due to this purchase was 2.42%. The holding were 216,484 shares as of 2018-09-30.

Waverton Investment Management Ltd initiated holding in The Home Depot Inc. The purchase prices were between $193.1 and $213.85, with an estimated average price of $201.32. The stock is now traded at around $199.61. The impact to a portfolio due to this purchase was 1.94%. The holding were 190,072 shares as of 2018-09-30.

Waverton Investment Management Ltd initiated holding in Alibaba Group Holding Ltd. The purchase prices were between $156.36 and $197.98, with an estimated average price of $176.96. The stock is now traded at around $158.36. The impact to a portfolio due to this purchase was 0.18%. The holding were 22,812 shares as of 2018-09-30.

Waverton Investment Management Ltd added to a holding in Union Pacific Corp by 58.13%. The purchase prices were between $138.26 and $164.99, with an estimated average price of $150.54. The stock is now traded at around $163.31. The impact to a portfolio due to this purchase was 1.89%. The holding were 640,761 shares as of 2018-09-30.

Waverton Investment Management Ltd added to a holding in AT&T Inc by 170.74%. The purchase prices were between $30.25 and $33.91, with an estimated average price of $32.43. The stock is now traded at around $33.71. The impact to a portfolio due to this purchase was 1.31%. The holding were 1,256,479 shares as of 2018-09-30.

Waverton Investment Management Ltd added to a holding in JPMorgan Chase & Co by 30.53%. The purchase prices were between $103.61 and $118.63, with an estimated average price of $113.52. The stock is now traded at around $116.52. The impact to a portfolio due to this purchase was 1.21%. The holding were 930,878 shares as of 2018-09-30.

Waverton Investment Management Ltd added to a holding in Abbott Laboratories by 178.51%. The purchase prices were between $60.81 and $73.36, with an estimated average price of $65.66. The stock is now traded at around $71.47. The impact to a portfolio due to this purchase was 0.13%. The holding were 56,320 shares as of 2018-09-30.

Waverton Investment Management Ltd added to a holding in Cisco Systems Inc by 59.47%. The purchase prices were between $41.78 and $48.65, with an estimated average price of $44.98. The stock is now traded at around $48.14. The impact to a portfolio due to this purchase was 0.06%. The holding were 67,037 shares as of 2018-09-30.

Waverton Investment Management Ltd added to a holding in Merck & Co Inc by 61.58%. The purchase prices were between $60.46 and $71.1, with an estimated average price of $66.77. The stock is now traded at around $70.95. The impact to a portfolio due to this purchase was 0.03%. The holding were 26,240 shares as of 2018-09-30.

Waverton Investment Management Ltd sold out a holding in Applied Materials Inc. The sale prices were between $38.26 and $50.18, with an estimated average price of $44.23.