WhaleCreep

Davidson Kempner Capital Management LP 13F holdings, Q4 2016

Hedge fundSEC filingsCompare with another fundHoldings as of 2016-12-31, filed 2018-08-14

Davidson Kempner Capital Management LP disclosed 147 US equity positions worth $4.7bn in its Q4 2016 13F filing. Its largest position is NXPI at 13.5% of the reported book, followed by REYNOLDS AMERICAN INC and ST JUDE MED INC. Versus Q3 2016 it opened 56 new positions, added to 36, reduced 20 and exited 51.

$4.7bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
147
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
13.5%
Largest position
The largest single position as a share of the reported equity book.
48.2%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
26
Effective positions
1 / HHI of portfolio weights: the number of equal-weight positions the book behaves like.
50
Quarters on file since Q1 2014
Quarters for which this manager's 13F holdings are on record.

Holdings

Against Q3 2016: 56 new, 36 added, 20 reduced, 51 exited

50 of 147
NXPI NXP SEMICONDUCTORS N VTechnology13.5%$642m6.55m+18611%added
REYNOLDS AMERICAN INC no ticker–6.5%$308m5.50m–new
ST JUDE MED INC no ticker–6.3%$301m3.75m+73%added
NVIDIA CORP no ticker–4.4%$210m39.70m−0.8%reduced
WHITEWAVE FOODS CO no ticker–4.1%$195m3.51m+164%added
TWXCHF TIME WARNER INC–3.5%$167m1.73m+320%added
LEVEL 3 COMMUNICATIONS INC no ticker–3.5%$165m2.92m–new
BMCH BMC STK HLDGS INC–2.5%$119m6.41m−19%reduced
AMERICAN CAP LTD no ticker–1.9%$89.1m4.97m+580%added
HARMAN INTL INDS INC no ticker–1.8%$86.5m777,976–new
TWITTER INC no ticker–1.7%$81.4m88.50m+36%added
PRIVATEBANCORP INC no ticker–1.7%$80.4m1.48m–new
YAHOO INC no ticker–1.7%$78.3m2.02m+66%added
INTERSIL CORP no ticker–1.6%$75.0m3.36m+297%added
AZO AUTOZONE INCConsumer Cyclical1.4%$65.2m82,500−8.3%reduced
IACIEUR IAC INTERACTIVECORP–1.3%$61.6m950,000+41%added
MSFT MICROSOFT CORPTechnology1.2%$59.1m951,500–new
FRONTIER COMMUNICATIONS CORP no ticker–1.2%$56.6m800,000+33%added
TEAM HEALTH HOLDINGS INC no ticker–1.0%$49.4m1.14m–new
INTEROIL CORP no ticker–1.0%$48.9m1.03m–new
AAP ADVANCE AUTO PARTS INCConsumer Cyclical1.0%$48.6m287,500+28%added
ALERE INC no ticker–1.0%$46.7m1.20m+166%added
RITE AID CORP no ticker–0.9%$42.2m5.12m+17%added
EXPE EXPEDIA GROUP INCConsumer Cyclical0.8%$40.3m355,360+29%added
CABELAS INC no ticker–0.8%$38.9m664,481+518%added
TMUS T-MOBILE US INCCommunication Services0.8%$38.8m675,000+38%added
DELL DELL TECHNOLOGIES INCTechnology0.8%$38.3m696,687−36%reduced
MGM MGM RESORTS INTERNATIONALConsumer Cyclical0.8%$37.5m1.30m+225%added
MONSANTO CO NEW no ticker–0.8%$37.3m354,649−49%reduced
B/E AEROSPACE INC no ticker–0.8%$35.9m596,595–new
TTWO TAKE-TWO INTERACTIVE SOFTWARCommunication Services0.7%$32.8m665,000+40%added
UNH UNITEDHEALTH GROUP INCHealthcare0.7%$32.0m200,000+700%added
BIIB BIOGEN INCHealthcare0.7%$32.0m112,751+61%added
DOUBLE EAGLE ACQUISITION COR no ticker–0.7%$31.5m3.00m0.0%held
CAPITOL ACQUISITION CORP III no ticker–0.6%$30.6m2.97m0.0%held
ALLIED WRLD ASSUR COM HLDG A no ticker–0.6%$29.3m546,376–new
CHINA BIOLOGIC PRODS INC no ticker–0.6%$29.0m270,1400.0%held
COST COSTCO WHOLESALE CORPORATIONConsumer Defensive0.6%$28.0m175,000–new
J2 GLOBAL INC no ticker–0.6%$26.4m20.00m0.0%held
ROCKWELL COLLINS INC no ticker–0.6%$26.1m281,738–new
MEDIA GEN INC NEW no ticker–0.5%$24.7m1.31m−49%reduced
TILE INTERFACE INCConsumer Cyclical0.5%$24.4m1.32m+23%added
MGP MGM GROWTH PPTYS LLC–0.5%$24.0m947,004+128%added
WORKDAY INC no ticker–0.5%$23.1m22.00m+26%added
LGF/BEUR LIONS GATE ENTMNT CORP–0.5%$22.8m927,286–new
GTY TECHNOLOGY HOLDINGS INC no ticker–0.5%$22.5m2.19m–new
WALTER INVT MGMT CORP no ticker–0.5%$21.5m30.75m−44%reduced
PACE HLDGS CORP no ticker–0.5%$21.5m2.00m0.0%held
WBA WALGREENS BOOTS ALLIANCE INC–0.4%$21.0m253,120–new
DIS DISNEY WALT COCommunication Services0.4%$20.8m200,000–new

Exited since Q3 2016

51 rows
ITC HLDGS CORP no ticker10.6%$385m
PG PROCTER & GAMBLE CO8.4%$306m
LINKEDIN CORP no ticker6.2%$225m
KLAC KLA CORP1.7%$62.5m
COTY COTY INC1.4%$51.3m
BURL BURLINGTON STORES INC1.3%$48.6m
STARZ no ticker1.3%$45.3m
AMSGEUR AMSURG CORP1.0%$35.2m
NWL NEWELL BRANDS INC0.9%$32.9m
MDT Medtronic Plc0.8%$30.2m
CEPHEID no ticker0.8%$28.6m
INGRAM MICRO INC no ticker0.8%$27.9m
SCI SERVICE CORP INTL0.7%$26.0m
KATE SPADE & CO no ticker0.7%$24.0m
DOORUSD MASONITE INTL CORP0.6%$23.3m
LINEAR TECHNOLOGY CORP no ticker0.6%$22.3m
RACKSPACE HOSTING INC no ticker0.6%$22.2m
SPECTRA ENERGY CORP no ticker0.5%$19.6m
RACE FERRARI N V0.5%$16.9m
USFD US FOODS HLDG CORP0.4%$14.2m
SBUX STARBUCKS CORP0.4%$14.2m
DRI DARDEN RESTAURANTS INC0.4%$14.1m
ATVIEUR ACTIVISION BLIZZARD INC0.3%$12.2m
VVV VALVOLINE INC0.3%$11.7m
VIDEOCON D2H LTD no ticker0.3%$11.6m
RRR RED ROCK RESORTS INC0.3%$11.2m
LIONS GATE ENTMNT CORP no ticker0.3%$11.0m
ARMK ARAMARK0.2%$9.0m
WOO FOOT LOCKER INC0.2%$8.5m
GORES HLDGS INC no ticker0.2%$8.0m
NKE NIKE INC0.2%$7.9m
SNYDERS-LANCE INC no ticker0.2%$7.6m
AROWANA INC no ticker0.2%$7.2m
JOY GLOBAL INC no ticker0.2%$7.0m
CALY CALLAWAY GOLF CO0.2%$7.0m
THS TREEHOUSE FOODS INC0.2%$6.5m
TWTRUSD TWITTER INC0.2%$6.0m
INTERVAL LEISURE GROUP INC no ticker0.1%$4.7m
HYDRA INDS ACQUISITION CORP no ticker0.1%$4.1m
CTRPUSD CTRIP COM INTL LTD0.09%$3.3m
GORES HLDGS INC no ticker0.08%$2.9m
LRCX LAM RESEARCH CORP0.08%$2.8m
DNKN DUNKIN BRANDS GROUP INC0.07%$2.6m
AR CAP ACQUISITION CORP no ticker0.07%$2.5m
SPWH SPORTSMANS WHSE HLDGS INC0.02%$788k
SPWRQ SUNPOWER CORP0.02%$661k
CARDCONNECT CORP no ticker0.01%$453k
TERRAPIN 3 ACQUISITION CORP no ticker0.01%$204k
CHINA LENDING CORP no ticker0.0%$123k
LINDBLAD EXPEDITIONS HLDGS I no ticker0.0%$106k

Sector mix

  • Unclassified68.9%
  • Technology15.7%
  • Consumer Cyclical6.5%
  • Healthcare3.3%
  • Communication Services2.6%
  • Consumer Defensive1.6%
  • Industrials1.1%
  • Financial Services0.3%

Book over time

Every quarter on file (50)
QuarterPositionsEquity book
Q2 2026229$6.2bn
Q1 2026225$5.6bn
Q4 2025216$6.8bn
Q3 2025228$7.1bn
Q2 2025188$6.6bn
Q1 2025199$7.1bn
Q4 2024194$5.7bn
Q3 2024212$4.6bn
Q2 2024247$6.0bn
Q1 2024251$6.7bn
Q4 2023236$5.7bn
Q3 2023274$6.5bn
Q2 2023302$4.8bn
Q1 2023345$4.8bn
Q4 2022410$4.7bn
Q3 2022530$5.1bn
Q2 2022554$5.2bn
Q1 2022589$7.1bn
Q4 2021544$6.7bn
Q3 2021494$6.9bn
Q2 2021560$12.8bn
Q1 2021455$10.0bn
Q4 2020276$8.5bn
Q3 2020257$7.0bn
Q2 2020188$4.0bn
Q1 2020162$3.7bn
Q4 2019162$4.2bn
Q3 2019157$5.0bn
Q2 2019164$8.4bn
Q1 2019151$5.0bn
Q4 2018148$5.0bn
Q3 2018153$8.4bn
Q2 2018162$7.3bn
Q1 2018157$9.1bn
Q4 2017149$7.1bn
Q3 2017163$7.2bn
Q2 2017153$7.1bn
Q1 2017144$7.3bn
Q4 2016147$4.7bn
Q3 2016142$3.6bn
Q2 2016156$4.1bn
Q1 2016140$4.7bn
Q4 2015142$5.5bn
Q3 2015149$5.1bn
Q2 2015162$5.9bn
Q1 2015140$4.4bn
Q4 2014127$5.0bn
Q3 2014148$4.1bn
Q2 2014135$3.3bn
Q1 2014136$2.7bn

Where Davidson Kempner Capital Management LP was early

33 rows
ALLY ALLY FINL INCQ2 201420 of 2153.4%3.4%6Exited by Q4 2021+114%
IPG INTERPUBLIC GROUP COS INCQ3 201410 of 1290.08%5.2%4Exited by Q3 2025+34%
BABA ALIBABA GROUP HLDG LTDQ3 201429 of 3771.2%1.3%7Exited by Q4 2022−10.0%
TSN TYSON FOODS INCQ4 201413 of 1240.2%4.0%6Exited by Q1 2020+127%
WSM WILLIAMS SONOMA INCQ1 20156 of 1430.4%1.3%3Exited by Q4 2015−4.2%
BURL BURLINGTON STORES INCQ2 20158 of 1710.09%1.3%12Exited by Q1 2025+457%
PVH PVH CORPQ2 201512 of 1410.2%1.7%12Exited by Q3 2019−18%
AVGO BROADCOM INCQ2 201517 of 3233.5%13.4%8Exited by Q2 2026+2228%
LULU LULULEMON ATHLETICA INCQ3 20159 of 2060.9%1.0%7Exited by Q2 2024+671%
CB CHUBB CORPQ3 201513 of 1614.0%4.0%2Exited by Q1 2016+13%
BMCH BMC STK HLDGS INCQ4 20152 of 833.2%3.8%8Exited by Q4 2017+91%
KLAC KLA-TENCOR CORPQ4 201510 of 2020.6%3.5%4Exited by Q4 2016+0.5%
SNDK SANDISK CORPQ4 201522 of 2330.5%1.8%3Exited by Q4 2025–
DLTR DOLLAR TREE INCQ1 201617 of 1860.9%1.6%14Exited by Q1 2024+72%
DELL DELL TECHNOLOGIES INCQ3 201612 of 2741.4%4.8%15Exited by Q4 2024+784%
COST COSTCO WHSL CORP NEWQ4 201618 of 1770.6%1.1%2Exited by Q2 2017+4.7%
NVAX NOVAVAX INCQ1 20174 of 1170.2%1.4%16Exited by Q1 2021+336%
VST VISTRA CORPQ2 20178 of 2802.3%7.1%25Exited by Q3 2023+56%
THC TENET HEALTHCARE CORPQ2 201719 of 1820.3%2.8%17Held at last filing, Q2 2026+867%
SWK STANLEY BLACK & DECKER INCQ3 20177 of 1420.5%1.2%3Exited by Q3 2018−12%
ELAN ELANCO ANIMAL HEALTH INCQ3 201815 of 1630.2%1.0%18Exited by Q4 2024−58%
KDP KEURIG DR PEPPER INCQ4 201811 of 1480.3%1.2%4Exited by Q3 2023+22%
IHRT IHEARTMEDIA INCQ3 20199 of 970.8%1.1%7Exited by Q2 2021+21%
EVRG EVERGY INCQ2 20206 of 1320.2%1.1%3Exited by Q1 2021−6.4%
ACI ALBERTSONS COS INCQ2 202012 of 1770.10%1.5%11Exited by Q3 2024+25%
JAZZ JAZZ PHARMACEUTICALS PLCQ2 202016 of 1611.3%1.9%5Exited by Q3 2021+61%
ARKO ARKO CORPQ4 20202 of 632.4%4.3%23Held at last filing, Q2 2026−11%
VTRS VIATRIS INCQ4 202012 of 1541.4%1.4%4Exited by Q4 2021−28%
ZIM ZIM INTEGRATED SHIPPING SERVQ1 20216 of 1140.3%1.6%6Exited by Q3 2022+94%
AOMR ANGEL OAK MORTGAGE REIT INCQ2 20212 of 241.0%1.9%21Held at last filing, Q2 2026−49%
BROS DUTCH BROS INCQ3 20216 of 1240.04%1.1%5Exited by Q3 2024−4.4%
CEG CONSTELLATION ENERGY CORPQ1 202222 of 2370.1%1.8%16Held at last filing, Q2 2026+342%
KVUE KENVUE INCQ2 202319 of 2030.5%1.9%7Exited by Q3 2025−21%

Concentration and tenure

11.8%
Median largest position, all quarters
The largest single position as a share of the reported equity book.
45.7%
Median top 10 weight, all quarters
The ten largest positions together, as a share of the reported equity book.
Concentrated
Style, by median largest position
2
Median completed holding, quarters